Realities of “Philmore Scripts”- Minimizing DIR Fees
DIR fees can be a complex and frustrating aspect of running a pharmacy, but moreso now with upcoming changes in fee collection and PBM contracts. In this episode, our hosts speak with Ben Jolley, PharmD at Jolley’s Compounding Pharmacy in Utah. As …
DIR Fee Apocalypse- The Bottom Line for 2024
On this episode of The Bottom Line Pharmacy Podcast, our hosts discuss the upcoming DIR fees in 2024 and how they will affect independent pharmacies. We stress the importance of planning and knowing your pharmacy’s current burn rate with DIR fees in …
This is why you don’t “fill and pray” – The Bottom Line Pharmacy Podcast
Dear independent pharmacies: When you have potentially thousands of dollars a month in unreimbursed claims, you can’t leave it up to chance that you will receive that money, or as we say, don’t “fill and pray.” Get your third-party system up-to-date through …
Is Your Front End an Asset or a Liability? – The Bottom Line Pharmacy Podcast
Does your over-the-counter section of the store give patients the impression that you are a thriving or a dying pharmacy? Are the items on your shelf driving traffic into or out of your pharmacy? On this episode of The Bottom Line Pharmacy …
DIR Fees: Accounting and Tax Treatment
How should pharmacies treat DIR (Direct and Indirect Remuneration) fees from an accounting and tax perspective? Ollin Sykes of Sykes & Company, P.A. explains the complexity of DIR fees. He also shares how to track these fees and keep your pharmacy reporting …
The Bottom Line Pharmacy Podcast – Building a Competitive Edge
How can an independent pharmacy build a competitive edge in the market by becoming the recommended pharmacy for health care professionals? On this episode of The Bottom Line Pharmacy Podcast, your hosts Bonnie Bond, CPA, and Scotty Sykes, CPA, CFP® are excited …
Becoming a Pharmacy that Dispenses Healthy Solutions – The Bottom Line Pharmacy Podcast
Are you dispensing prescriptions or healthy solutions? Now more than ever, independent pharmacies must continue to carve out their niche by offering services that add value to their patients. On this episode of The Bottom Line Pharmacy Podcast, the team (Bonnie Bond, …
Town Hall | The Bottom Line Pharmacy Podcast
In this live broadcast of The Bottom Line Pharmacy Podcast, we invited you to ask questions about ERTC, inventory management, DIR Fees, the Secure Act 2.0 and other pharmacy business management issues for 2023 and beyond. Hear from pharmacy CPAs and advisors …
Master the Margin: Innovator Series
Hear directly from successful pharmacy owners in our Master the Margin: Innovator Series. If you are planning a start-up pharmacy right now or you want guidance on how to grow, don’t miss these stories of pharmacy business innovation. In this webinar, hear …
Master the Margin: Cash Flow – Where Is It and How to Get It
Independent pharmacy accounting is challenged with maintaining cash flow due to many factors. In this Master the Margin webinar, we spoke with Craig Robinson of RxCherryPick to find out where pharmacy cash flow is going and how to get it back. In …
