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, …
The Bottom Line Pharmacy Podcast Bonus Episode: Reimbursement Changes, Diversified Revenue, and More! | Special Appearance with the Pharmacy Owners Alliance
Reimbursement changes have sparked updates to KPIs and financial benchmarks for independent pharmacies. In addition to reimbursement changes we’re also seeing pharmacies find more opportunities to add diversified revenue sources such as long-term care and compounding. On this special bonus episode of …
The Bottom Line Pharmacy Podcast The Hidden Cost of Not Automating Featuring Darin Gleason
With double DIR fees ending, it’s a great time to implement automation in your pharmacy. Whether your goal is to increase script volume or optimize payroll the opportunities that come with vial filling robots are fruitful. In this episode of The …
The Bottom Line Pharmacy Podcast Embracing Long-term Care at Home Pharmacy Ownership
The supply of beds at skilled nursing facilities has dropped dramatically which has increased the demand for long-term care at home services. This has created a lot of opportunities for independent pharmacies to offer a higher level of service to their community …
The Entrepreneurial Pharmacy Podcast: Are You Ready to sell Your Pharmacy?
Are you planning on selling your pharmacy? Do you think you’re ready to sell your pharmacy? Many pharmacy owners underestimate the amount of time and planning it takes to optimize the value of your pharmacy so you can make the most money …
Year-End Update: DIR Fees, PTE Tax, and Christmas!
Merry Christmas from Sykes & Company, P.A.! With the New Year almost here, we want to say thank you for your service and all that you do for your community. Our Christmas gift to you is a bonus year-end update episode! On …
Improving Cash Flow With Long-Term Care at Home Featuring Paul Shelton
How can you diversify your revenue sources as an independent pharmacy? What is long-term care at home? How can you improve cash flow in your pharmacy? The reality is, to succeed today as an independent pharmacy, you have to diversify your sources …
Keeping Your Pharmacy Insured Featuring Steve Boone
Many pharmacy owners have never explored their insurance options and as a result, are likely overpaying. Only recently have other options become available for pharmacy owners, and these options could result in saving $15,000. In this episode of The Bottom Line Pharmacy …
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