Protect You and Your Pharmacy: The Growing Threat of Ransomware
There are practices you can take in your independent pharmacy to protect your sensitive data and systems from the growing threat of ransomware. Chris Sykes, IT Director at Sykes & Company, P.A., provides an overview of those risk management practices for your …
Tax Planning for Equipment Investment Using Section 179 Depreciation
A repeat guest on the RxSafe Pharmacy Podcast Network program, Scotty Sykes, CPA, CFP® shared his knowledge about the Section 179 tax deduction and bonus depreciation. Specifically, pharmacies can accelerate depreciation on major capital equipment purchases for tax savings. During the discussion, …
Annual Enrollment Opportunities to Reduce DIR Fees
Did you know that the annual Open Enrollment Period for Medicare is one of the best opportunities to help your patients while also managing DIR fees? In this webinar recording with guest Nathan Shanor, general manager for FDS Amplicare, we explore how …
Increase Cash Flow with COVID Testing
In this special Master the Margin webinar, we invited guest Nicolette Mathey, owner of Atrium 24, to share her personal experience and knowledge about setting up an independent pharmacy as a COVID-19 testing site. Scotty Sykes, CPA, CFP® and Kathy Blanchard from …
Engaging Patients by Marketing With Social Media
Independent pharmacy owners are finding success with social media platforms to inform and attract new patients. Social media can be used to share accurate health information, but also to build a health care community. You can promote your pharmacy products and services …
Personal Financial Planning for the Pharmacy Owner
We have had great interest in our Master the Margin webinar about Personal Financial Planning for the Pharmacy Owner. Our guests were Elizabeth A. Delude, CFA® and Walker W. Phillips, CFP®, CIMA® who are portfolio managers for Palladium Registered Investment Advisors. In …
Inventory Management: Keep Your Cash in the Bank, Not the Shelf
Learn about the important factors of inventory management for independent pharmacies. There are many aspects to managing your inventory that can improve your cash flow and bottom line. Notable topics in this recorded webinar include perpetual inventory systems, inventory technology and best …
Working With — Not Against — PBMs
It makes business sense for an independent pharmacy to work collaboratively with PBMs, as opposed to having an adversarial relationship. This Master the Margin webinar hosted by Sykes & Company, P.A. discusses exactly how the pharmacy can work with PBMs on a …