Independent Pharmacy Insights

5 Proven Business Skills Every Independent Pharmacy Should Have

Biology, chemistry, organic chemistry, biochemistry and physics. Sound familiar? These are some of the courses that make up the core curriculum for pharmacists.

While it takes a strong mind and determination to master the challenging science courses...

07 / 12 / 2018 Read More

7 Reasons Independent Pharmacies Need to Negotiate as a Group

You’ve thought about it, but you haven’t made the move yet. Or, you’re a member, but you haven’t taken full advantage of your membership.

You could have been busy trying to figure out your marketing plan, or trying to survive the latest round of...

06 / 28 / 2018 Read More

3 Services Your Community Pharmacy Can Provide To Prove You Are Moving The Needle

The pharmacy industry is well aware that government agencies and private insurers are moving away from fee-for-services models and toward value-based payment methodologies. In fact, according to the American Medical Association, payment with some form...

06 / 14 / 2018 Read More

How Independent Pharmacies Can Ensure Profitability

Today’s healthcare market is volatile.  The U.S. pharmaceutical market remains the most competitive in the world, but cutbacks on healthcare funding, stronger roles in ensuring positive patient outcomes, and trying to remain as efficient as possible...

06 / 01 / 2018 Read More

Social Media Series Part 3: Top 5 Ways to Get the Most Out of Social Platforms

Welcome to the final installment of our Social Media Series!

Over the last month, we’ve reviewed how social media can grow your pharmacy and how to determine where your customers are in the socialsphere. We also touched on everything from content and...

05 / 24 / 2018 Read More

Social Media Series Part 2: Finding Your Customers in the Socialsphere

Welcome to Part 2 of our Social Media Series!

In our last blog, we talked about Social Media 101. To recap the basics, we:

  • Established the importance of social media as a marketing tool for the independent pharmacy industry
  • Examined how social media...
05 / 10 / 2018 Read More

Social Media Series Part 1: How Social Media Can Help Grow Independent Pharmacies

Social media and networking is not all fun and games despite the photos, videos, games, and late-night tweets. In fact, social media is one of the most valuable and accessible marketing tools the independent pharmacy has in its pocket — literally....

05 / 03 / 2018 Read More

The 21st Century Pharmacy - Part 3: Stop Being Anti-Social: Social Media Has Positive Side Effects for Pharmacies

It’s been argued that social media is not technology. But, if you look up social media, of of its definitions describes it as “forms of electronic communication (such as websites for social networking and microblogging)” (1). What is electronic...

04 / 26 / 2018 Read More

The 21st Century Pharmacy: Part 2 - Tap into Technology: How Pharmacies Can Benefit From, and Grow More, Using Traditional and Emerging Technologies

 

The future of Independent Pharmacy is increasingly reliant on the adoption of new technological innovations that are emerging in the pharmaceutical field today.  Pharmacies also have a long history of being slow to warm up to technology.  This...

04 / 12 / 2018 Read More

The 21st Century Pharmacy: Build with the Basics – Part 1: The SWOT Analysis

 

Everywhere you look these days you’re apt to see another pharmacy giant. But let’s be honest here, while these giants compete against each other for the lion’s share of the pharmaceutical market, the independent and local community pharmacies aren’t...

04 / 05 / 2018 Read More
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