Enhancing Rx Workflow: Maximizing Medsync Featuring Weston Humphreys, COO of Tyson Drugs
Cash flow is the name of the game right now in pharmacy and one of the best ways to improve cash flow and enhance pharmacy workflow is with MedSync! In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, …
The Bottom Line Pharmacy Podcast: Tradeshow Series: Cardinal RBC and ThoughtSpot
Catch up on the latest in independent pharmacy in this episode of The Bottom Line Pharmacy Podcast where we share our recap of the 2024 tradeshow circuit. We share our experience at RBC Cardinal and ThoughtSpot. We also talk about the opportunities …
SERIES: Master The Margin Episode 1: Independent Pharmacy Accounting Fundamentals
Welcome to the inaugural episode of our newest series Master the Margin with Scotty Sykes, CPA, CFP, and Kathy Blanchard, Senior Pharmacy Accountant. This series is all about diving deep into accounting and tax topics for independent pharmacy owners. In this episode, …
SERIES: Master The Margin Episode 2: Understanding the Balance Sheet: A Snapshot in Time
The Balance Sheet: A Snapshot in Time in how your pharmacy is financially from an asset, liability, and equity perspective. In this episode of Master The Margin, Scotty Sykes, CPA CFP® and Kathy Blanchard, Senior Pharmacy Accountant build on the foundational principles …
The Bottom Line Pharmacy Podcast: Finishing the Fight: What’s Next for Independent Pharmacy
It’s episode 50 which means it’s time to celebrate a milestone! In this milestone episode, Ollin Sykes, CPA, CMA, CITP and Bonnie Bond, CPA are thrilled to sit down with the esteemed Doug Hoey, CEO of the National Community Pharmacists Association (NCPA). …
Urgent Update: Understanding BOI Reporting
Are you aware of the new FinCEN guidelines for Beneficial Ownership Reporting? If not, you should be! Independent pharmacies are right in the crosshairs of the new guidelines, and we want to keep you protected. On this special episode of The …
The Bottom Line Pharmacy Podcast: Overcoming Challenges with 340B Contracts Featuring Amanda Gaddy
Data from the NCPA shows that there are over 17,000 health care facilities that are eligible to participate in 340B programs, with many of these facilities being located in rural America. This can give your pharmacy a competitive advantage and make your …
ERTC Update: Incorrect Claims, New Tax Bill, and More!
The IRS continues to crack down on incorrect ERTC claims and recently released an update shining a light on 7 warning signs of incorrect claims. On this special bonus episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP, and Bonnie …
3 Last Minute Tax Planning Strategies for Independent Pharmacies
Navigating the complexities of tax planning for pharmacies can be tricky. However, after over 40 years of working with independent pharmacies, we’ve seen the good, the bad and the ugly when it comes to tax planning for independent pharmacies. In previous years, …
