How to Buy a Pharmacy Business Series: Dispensing Logs
Before buying pharmacy assets or signing a lease, review the data from script management systems and dispensing logs. Ideally, a three or four-year history of that information can tell you many things about acquisition costs, new scripts to total fills and margins …
CARES Act Provider Relief Fund & HHS Stimulus – Uses and Management
By now, pharmacies may have received two distributions from the CARES Act provision known as the Medicare Provider Relief Fund, which allocates automatic stimulus grants to providers that billed Medicare Fee-for-Service (MFFS) in 2019 or have provided COVID-19 related services in 2020. …
Inventory Efficiency During the Pandemic and Beyond
Inventory is one of the largest expenses a pharmacy has. Efficiently managing your inventory is critical for pharmacy profits and growth. In this webinar, Jared Barton of Inventory IQ and Ollin Sykes and Scotty Sykes will discuss: Why inventory management is key …
Managing Your Pharmacy’s EIDL Program Funds
If your pharmacy was approved for an Economic Injury Disaster Loan (EIDL) through the Small Business Administration, what’s next? As funds are dispersed, pharmacies must carefully manage and document use of these funds to remain in compliance with the loan terms. Eligible …
Coming out of COVID: How to boost RX Business and Cash Clinical Services
In this webinar you’ll learn how to: • Diversify your revenue streams away from PBMs, DIR and GER headaches • Help your patients feel better, and become less reliant on medications • Empower your pharmacists to practice what they went to school …
QuickBooks Options for Your Pharmacy and How to Choose
It’s important to have the right tools in place for your pharmacy accounting. QuickBooks is one of the main tools that independent pharmacies rely on, but which version is right for your pharmacy accounting? In this video, Ollin Sykes, CPA, and Kathy …
