You need them all to succeed. As you support the pharmacy, you can continue to support and improve yourself. Less time in line also means more time doing the things that you enjoy, with the health that you deserve. If your pharmacy has a specialty niche, a blog is a great place to educate potential patients. You can also work with local business owners or media personalities to address events that are happening in your town. The percentage of pharmacies offering the flu shot jumped from 77 percent to 84 percent, and the percentage of pharmacies offering non-flu immunizations climbed from 73 percent to 80 percent. Want to be featured in our blog? For retail pharmacies in particular, the risk of leaving potential revenue on the table is high. All you need to do is add a call-to-action at the end of your posts. The Medicare Part D Final Rule goes into effect starting Jan. 1, 2024. One of the most important ways that you can support your pharmacy is by continuing your business with them and staying loyal to them. Read More >. As a small business, that means going digital is the best way to reach potential new patients. It also determined . A recent NCPA survey about pharmacy financial health found that DIR fees are the number one business challenge for 52% of pharmacies in 2020. Your pharmacy can make the most of innovative solutions by investing in technology that best suits your needs and business goals. Tucked within your community, though, are independently-owned pharmacies that have the knowledge and expertise to get you the services you need all from friendly faces in your community. Also if a patient has part B, but also has Medicaid, are you required to bill . How to Support Your Local Independent Pharmacy. An HDA member, PBA Health operates its own NABP-accredited secondary wholesalerwith more than 6,000 SKUs, including brands, generics, narcotics CII-CV, cold-storage products, and over-the-counter (OTC) products offering the lowest prices in the secondary market. In addition to liking and commenting, you can share your pharmacys posts on your profile, advertising their services to your own followers. , a blog is a great place to educate potential patients. While national chains continue to charge some of the highest out-of-pocket prices, independent pharmacies offer a variety of payment options and discount programs to make care accessible to everyone. This is why it is critical to choose the right pharmacy software system from the start. Consider adding digital website refills, automated refill reminders, or secure 2-way messaging to give patients the ability to manage their own prescriptions. Alternative fulfillment options like home delivery or mail order can simplify patient care and allow you to cater to your community more effectively. Email communications@tdsclinical.com and share your independent pharmacys story with our blog team. Your software is the core of your pharmacy. Like any new business venture, the pharmacist should consult with other pharmacists who have started their own pharmacies. It is important to learn as much as possible about diabetes so you can make good decisions about taking care of yourself. Blogging is a great way to build your online presence. A recent NCPA survey about pharmacy financial health found that DIR fees are the, number one business challenge for 52% of pharmacies, in 2020. Remind them that they are the lifeblood of your independent pharmacy. To lighten your writing load, invite other professionals to write guest blogs for your pharmacy. When weighing your options, ask yourself if you can depend on your pharmacy to do the job right, every single time. January 12, 2023: National Pharmacist Day! An HDA member, PBA Health operates its own NABP-accredited warehouse with more than 6,000 SKUs, including brands, generics, narcotics CII-CV, cold-storage products, and over-the-counter (OTC) products offering the lowest prices in the secondary market. can help you identify which keywords to target. thats happening in our organizations and in our profession. Compared to chain pharmacies, independents are less likely to make miscalculations, mix up prescriptions, or wrongly file patient information. Could a Plant-Based Diet Help Control Your Cholesterol? Hello friends. Focusing on mens health and raising awareness is imperative as we strive to keep our communities healthy. When considering wait times, independent pharmacies come out on top. Your plan will probably include taking medication and making small changes in the way you eat and move during the day. There are many factors that influence why an independent pharmacy might convert to a different software vendor, and one of those factors might be that they have simply outgrown their current software. Customer support is also an important aspect of choosing a software vendor, because that will determine how smooth your transition process will be, as well as how easy it will be to interact with your vendor and get questions answered in the future. Not only will it help the staff member to feel more appreciated, but the good word may even help them to advance in the pharmacy. As you know, the government reimburses you for about half of your business. On average, people spend nearly seven hours online every single day. Digital Pharmacist supports the growth of over 5,000 pharmacies in 7,500 locations around the country. filling a prescription will make other purchases, according to Drug Chain Review. Blogs also give patients an excuse to spend more time on your website. Independent pharmacies, on the other hand, employ smaller staffs of experienced pharmacists and technicians. During these months, increased sunshine, warmer temperatures, and kids out of school, leads to patients traveling more and participating in numerous outdoor activities. I always look forward to writing this post every week and normally an article I've read, or a question a customer has asked me will pop into my head, giving me [] user Shop small, shop local, and shop independent pharmacy. can help you reach more patients digitally and provide the same level of service as big-box stores. 1. This could mean arranging your store based on most-used health products or adjusting services or fulfillment methods to meet current demands. Build your email marketing list by inviting readers to sign up to get updates every time you post a new blog. Because chain pharmacies buy in bulk, it may seem that they are the more cost-efficient option. Stay engaged by following your pharmacy on your favorite platforms Instagram, Twitter, and Facebook and boosting their engagement with your likes and comments.. As many community pharmacies are taking on a more patient-centered approach in recent years, pharmacists have an opportunity to better incorporate cancer management initiatives into their practice. , Learn the Ins and Outs of Preventative Health Services, Make the Most Out of National Cancer Survivors Day. Observation number 1: Pharmacy owners are starting to believe they are legitimate members of the healthcare team. Digital Pharmacist supports the growth of over 5,000 pharmacies in 7,500 locations around the country. "Branding aims to establish a significant and differentiated presence in the market that attracts and retains loyal customers," he said. January 12, 2023: Happy National Pharmacist Day! Between dispensing prescriptions, administering vaccines, and developing strategies to care for you and your family, independent pharmacies and their staff are there to serve you in times of sickness and health. Expand the reach of your recommendations by posting a positive review on platforms like Google Reviews and Yelp. The State of Independent Pharmacy 2021. If you want to see meaningful change in your hometown, shop local and support independent pharmacies and businesses alike. The Digest notes that most pharmacies have already adopted computerized records and claims billing and that the next step in new pharmacy tech will be integrating the PharmacisteCarePlan, which allows pharmacists and patients to get on the same page with regards to their medications and treatments. Get in touch to learn how we can help you transform your business today. Below is a breakdown of factors that impact staffing costs for you to keep in mind while planning a budget for your pharmacy. Head to our contact us page and fill out the form, or give us a call: 877-959-7550, Our ProductsPatient Engagement PlatformBranded Healthsite and Mobile AppDigital MarketingInteractive Voice Response (IVR), ResourcesBlogCase StudiesProduct SpotlightseBooksWebinarsHelp Center, 2022 Digital Pharmacist Inc., A Lumistry CompanyAll Rights Reserved.Terms of Service | Privacy Policy| Information Security Program, Our ProductsPatient Engagement PlatformBranded Healthsite and Mobile AppDigital MarketingInteractive Voice Response (IVR)Benefits. To help our communities amid the crisis, Health Mart Medication errors have the potential to occur frequently and when we least expect them. In a time unlike any other, the importance of community pharmacists has never been more obvious, said B. DouglasHoey, CEO of NCPA. Email communications@tdsclinical.com and share your independent pharmacy's story with our blog team. , software solutions can reduce dispensing errors, boost medication adherence, and increase day-to-day quality assurance and efficiency. Specials, STORE We show you the results of an independent 3rd party market study that interviews pharmacy professionals just like you. Bigger chains make it seem like they are the best (if not the only) option to get quality pharmacy care. Pharmacies have the opportunity to fill a growing need for accessible healthcare services. Its that special time of year when colds and the flu are spreading like wildfire. Keep your readership in mind when deciding what to write about. Because they are owned by individuals or families rather than large corporations, independents have the flexibility to coordinate when, where, and how their patients get the service they need. He has . Blog Share Embracing Direct Patient Care at Your Independent Pharmacy By McKesson July 01, 2019 Your independent pharmacy must shift from a dispensing business model to a clinical business model to continue its vital role as a health resource in your community. The business magazine for independent pharmacy. Currently, Dr. Schumock is director of the Center for Pharmacoeconomic Research and professor in the Department of Pharmacy Practice at the University of Illinois at Chicago. Additionally, many pharmacies expanded their delivery service during the pandemic but are now finding delivery drivers in short supply. Increased fees can contribute to a reimbursement decline, and below-cost prescription rates have led many independents, can help your pharmacy combat rising DIR fees and reimbursement rates. Join us for a live one-hour webinar to discuss topical information for pharmacists and pharmacy owners. Digestdata helps us demonstrate the value of independent pharmacies to payers, policymakers, and the media, and bolsters our ongoing work to change the pharmacy payment model to compensate and recognize pharmacists for the services they do and can provide.. By taking 30 seconds out of your day and writing a few sentences on your preferred review site, you can spread the word about your pharmacy and all it has to offer. Not only does purchasing from an independent benefit the pharmacy directly, but it returns three times more revenue to the local economy than a dollar spent at a chain does. Make 2022 the year you become the best you that you can be. In and out of the storefront, pharmacy staff care about you and strive to show it every day in their practice. You can get the word out about your products and services without paying for a print ad or boosting a social media post. Sign up for a FREE subscription to Elements magazine! Just. Potential patients are more inclined to take recommendations from people that they know personally and bringing business to a pharmacy via recommendations is one of the most powerful ways that you can show your support. . I was wondering if any had any strategies and information about billing test strips through Medicare B. Consider adding digital website refills, automated refill reminders, or. Advances in technology continue to make independent pharmacies more efficient. Learn which software systems have the highest customer satisfaction, which systems new pharmacies choose to open their stores with, which systems retain their customers best, and more. In todays post, we will be discussing ways to educate and inform your pharmacy patients and communities on mens health. Link to blog post. Digital transformation, or the practice of adopting digital tools and platforms for business success, has become a necessity for healthcare professionals. Proposed legislation that directly affects Independent Pharmacies. The heart of your pharmacy's branding, Boyer said, starts with differentiating your operations. Last updated May 22, 2023 | Pharmacy Management, Pharmacy Marketing. Recent survey recognizes independent pharmacies in New Hampshire that do not sell tobacco products Practicing empathy means always being honest. , many community and independent pharmacies struggle to implement new technologies and offerings, especially with the small budget they have. January 4, 2022. You want to choose a partner that will have your pharmacys best interests in mind and be there to support you throughout your business journey. This way, someone who searches quit smoking Savannah can find your Savannah-based smoking cessation program. Unfortunately, this can lead to less visits to the drug store and patients failing to keep up with their medication regimens. One way to start is by having an open comments section where readers can ask questions and weigh in. Resources like Google Keyword Planner can help you identify which keywords to target. One of the most important factors in picking a pharmacy is reliability. Here are four tangible ways your independent pharmacy can deliver better patient care today. Some new pharmacy owners might choose a simple system at first and then deal with finding a more robust solution later once their pharmacy grows in its services. Last year gave community pharmacies ample opportunity to step up and provide more comprehensive healthcare services to patients. When a patient stops taking their medication, it can disrupt treatment. You can suggest nutritional supplements to customers, like recommending a calcium supplement to a woman at risk for osteoporosis. LOCATOR, Monthly JOIN US IN CELEBRATING ALL OF OUR AMAZING COMMUNITY PHARMACISTS! Every year, PioneerRx sponsors a pharmacy software survey from Direct Opinions, an independent market research firm. Your monthly email to stay up to date with the latest in healthcare and technology. If you have a specialty or compounding pharmacy, consider offering synchronization and medication management services to, help patients reduce costs and stay adherent, in 2019 were made up of pharmacy DIR fees. Blog Share Five Ways Independent Pharmacies Can Maximize Social Media By McKesson April 03, 2017 Like most small businesses, most independent pharmacies have a social media presence as part of their local marketing programs. At the Value Drug Company show in Duncansville, Penn., of course. As members of your community, pharmacy staff are also deeply invested and involved in your local area. To stay competitive, it is key for independent pharmacies to adapt to changing patient needs by leveraging technology and providing elevated patient care beyond their medication needs. Your local independent pharmacists are your most accessible healthcare professionals and take the time to truly connect and consult with each patient they serve. If youre tired of sifting through reviews, sitting through demos, and feeling further and further away from finding the right software system for your pharmacy, your road ends here. On average, they employ 11.1 full-time and part-time workers, and in addition to creating jobs, they also put down roots in their community through civic engagement. The guest blogger gets an opportunity to share their project with your readers, and in turn, theyll share the blog with their own following, which may not know about your pharmacy. The blended gross margin for the industry is also over 27%, but when you look at independents by themselves, the gross margin drops to around 22%. In 2016, 52 percent of independent pharmacies' prescriptions were covered by . To start your research, head on over to our Comparing Software page to evaluate the top software vendors in the market. By doing your research and installing a powerful software right from the beginning, you will save yourself time on not having to convert to a whole new system down the road. Eating a healthier diet with more fruits and veggies can be easy and fun. Currently, PBMs can charge DIR fees for a variety of reasons, including performance metrics, drug utilization reviews, and medication therapy management. Youll be glad you did. Learn More > Being Diagnosed with Diabetes is the First Step to Taking Control As more healthcare costs fall on patients, mounting financial pressure has, caused many to opt out of routine and emergency visits. Seventeen percent of pharmacies have a non-pharmacy health employee in their practice to help provide more comprehensive care. Monthly As president of Good Neighbor Pharmacy, AmerisourceBergen's network of independent community pharmacies, it has been an honor and privilege to work alongside these local heroes in supporting their patients and communities at large. Their network allows them to collaborate with other healthcare professionals, identify problems or gaps in care, and work together to solve them. Small changes, such as a pharmacy mobile app, online refill options, or an. With a blog, you can build relationships with people by educating them about hot-button health and wellness issues, answering commonly asked questions, and posting about the in-demand products and services you offer. He teaches courses in pharmacy management, pharmacoeconomics, and business planning for pharmacy services. about your products and services without paying for a print ad or boosting a social media post. Covid-19 diagnostic testing was the most popular point-of-care test in 2020, with 32 percent of pharmacies offering the service. To create a consistent readership, you have to make efforts to build a feeling of community among your blog readers. The business magazine for independent pharmacy. , millions of workers have lost access to employer-provided medical insurance. Taking care of diabetes can seem complicated. Struggling to overcome some of your challenges in independent pharmacies? Your pharmacy can make the most of innovative solutions by investing in technology that best suits your needs and business goals. Diagnosing and Treating Hearing Loss in Older Adults. Independent pharmacy still generates more than 90% of its profits from prescription volume, while your chain competitors are 10-15% less with a greater focus on OTC and retail. Mental Health Awareness Month is observed every May. You may want to cover your ears for this: Your business depends on the government. Health Trends, Pharmacy Management, Pharmacy Technology. We are going to discuss ways to reduce medication errors at your pharmacy. Your local independent pharmacy and its staff go out of their way to give you, your loved ones, and your community the best care possible. For a long-lasting show of support, take the time to sit down and write a message to your local pharmacy that expresses your appreciation, either by letter or email. As the largest technology partner for independent pharmacy, TDS provides blogs on a wide range of topics, including technology, patient care, rules and regulations, innovations, customer spotlights and more. Practice empathy by listening to their comments and concerns. By supporting important causes, they work to not only make a difference in your life but also in the livelihood of your community. As a small business, that means going digital is the best way to reach potential new patients. That means running a blog costs you nothing but time. Mens health month is upon us and we are thrilled to be raising awareness with you. While the average gross profit margin dipped from 22 percent to 21.9 percent, gross profit in terms of dollars, One critical trend in the evolution of independent pharmacy is building partnerships with other healthcare providers in the community. 2022 Digital Pharmacist Inc., A Lumistry Company, 8 Ways to Reduce Medication Errors at Your Pharmacy, Tips for Maintaining Medication Adherence in the Summer, 6 Ways Your Pharmacy Can Participate in Mental Health Awareness Month, DIR Fee Changes Coming in 2024: The Pros and Cons for Independent Pharmacies, The Evolution of Patient Needs: How Independent Pharmacies Can Grow & Adapt, How Pharmacists Can Manage Stress and Maximize Efficiency, 7 Ways To Improve Medication Adherence and Lower DIR Fees, How Pharmacists Can Help Patients Manage Seasonal Allergies, Common Painpoints to Avoid When Shopping for Pharmacy Software, 5 Ways to Better Counsel Patients with Cancer at Your Pharmacy, Black History Month: Celebrating Influential African American Pharmacists & Industry Trailblazers. Answer their questions with thoughtful responses. Your blog can help you turn potential patients into actual patients. Forget the paid ads, the biased reviews, and the mix of misinformation that can leave you reeling. Whether it be filling a routine prescription or offering personal guidance and support, independents put in the time and effort to be there for you when you need them. Keywords are words and phrases that you incorporate into your blog posts to help the post rank higher in search engines. Well, if that's the case, then this article will help you. This . In 2018, Elements Magazine published this cool post called "9 Things Your Independent Pharmacy Website Has to Have." It is completely worth the read! Immunizations both flu and non-flu were the top wellness services offered by independent pharmacies in 2020. Close to 10% of children have some sort Purchasing software can seem like a daunting thing for pharmacy owners to tackle on top of all their other day-to-day tasks but purchasing the right software can automate those tasks and thus free up so much valuable time in the long run. Some pharmacies even host recommend a friend reward programs, a win for everyone involved. Your pharmacy can make the most out of digital demands by finding methods for increasing business growth, such as: Some challenges facing independent pharmacies such as increased fees, global crises, and the struggle to stay competitive in a digital world can all wreak havoc on a pharmacys cash flow. Healthful living is a 365-day process made up of small steps that can add up to a big change. But knowing that you have diabetes lets you start getting it under control. Existing customer looking for help? The 2017 NCPA digest shows independent pharmacy still outnumber chains (or it may be close to 50/50 now) while showing profitability. Download the Health Mart mobile app and refill on the go! Elements magazine is published quarterly in March, June, September and December. Focusing on mens health and raising awareness is imperative as we strive to keep our communities healthy. ALEXANDRIA, Va. - Independent pharmacies are struggling to fill staff positions and deal with supply chain disruptions, as well as deal with market pressures like pharmacy benefit manager direct and indirect remuneration fees and vertical integration, according to a new survey from the National Community Pharmacists Association. The relationship between blogs and social media is mutually beneficial: you can build a lively social media presence while also consistently driving your followers back to your website. When you treat your readers like they are part of the pharmacy family rather than potential customers, you can build a warm rapport. For vaccinations, it can mean setting up on-site clinics and scheduling patient appointments. Local independent pharmacies offer a variety of products and services, including point-of-care testing, vaccines, medication therapy management, and most importantly, personalized care for you and your loved ones. If you're thinking about opening your own pharmacy, you have an opportunity to start a successful business. A good marketing plan can help your independent pharmacy reach new customers and build relationships with existing ones, enabling you to correctly identify your clients and their needs, translate those needs into products and services, and generate profits for your business. LOCATOR, COVID-19 test collection available at select Health Mart locations, Being Diagnosed with Diabetes is the First Step to Taking Control, Eating Well: How to Sustain A Healthy Diet. July 23, 2021 RxLocal Team Between dispensing prescriptions, administering vaccines, and developing strategies to care for you and your family, independent pharmacies and their staff are there to serve you in times of sickness and health. Head to our contact us page and fill out the form, or give us a call: 877-959-7550, Our ProductsPatient Engagement PlatformBranded Healthsite and Mobile AppDigital MarketingInteractive Voice Response (IVR), ResourcesBlogCase StudiesProduct SpotlightseBooksWebinarsHelp Center, 2022 Digital Pharmacist Inc., A Lumistry CompanyAll Rights Reserved.Terms of Service | Privacy Policy| Information Security Program, Our ProductsPatient Engagement PlatformBranded Healthsite and Mobile AppDigital MarketingInteractive Voice Response (IVR)Benefits, 5 Challenges Independent Pharmacies Face (and Their Solutions), Pharmacies must find their way in a new industry landscape as.
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