Independent Pharmacy Accounting, Pharmacy Growth

DIR Fees Pharmacy Accounting Best Practices Webinar

DIR fees are the third largest expense in a pharmacy, and they are increasing as a percentage of gross revenue. The Kentucky Pharmacists Association invited Scotty Sykes, CPA, CFP® to talk about how pharmacists can create accounting best practices to preserve their cash flow and mitigate DIR fees.

The webinar shares fundamental pharmacy accounting practices, the importance of estimating 2023 and 2024 DIR fees and building pharmacy cash reserves. Scotty also discusses ways to increase revenue and reduce expenses along the way.

DIR fee mitigation is essential for independent pharmacies, and this webinar will give you a roadmap.

View The Bottom Line Pharmacy Podcast for more independent pharmacy strategies.

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