Most Watched Videos, Independent Pharmacy Accounting

Classic Video: Managing DIR Fees in Independent Pharmacies

This is a classic video by Ollin Sykes. View our most recent video on how to manage DIR fees.

“Direct and indirect remuneration” fees are extremely complex. In this video, Ollin Sykes talks about how many independent pharmacy owners don’t know all the deductions that are in play across the thousands of claims in their pharmacies. If you’re not adjusting correctly for DIR fees, you can end up paying more in taxes than you need to or finding that your gross margins aren’t matching up with the numbers from your script dispensing system. Find out why you need to talk to your accountant about how they’re tracking DIR fees in your pharmacy accounting.

View our most recent video, DIR Fee Trends and How to Manage Them.

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