How a Business Intelligence Platform Can Increase Pharmacy Profitability

skeleton key in leaves - hidden pharmacy profit opportunities in business intelligence
We live in the age of data. Every purchase order, every transaction, every interaction — all of them produce data that can be used or ignored equally. For too long, it’s been more of the latter than the former. But business intelligence is finding ways to take data and turn it into dollars. There’s no
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Is Your Pharmacy Prepared for an Audit?

digital calculator with colorful buttons
It’s a hard time to be a pharmacist. Community pharmacies are busier than ever, and ongoing issues from the COVID pandemic are making it hard to keep the shelves stocked and the pharmacy counter staffed. But those aren’t the only difficulties pharmacies are facing right now. In addition to pandemic worries and staffing issues, they
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Don’t Forget the Flu: What Your Pharmacy Needs to Know about 2021 Flu Shots

2021 flu shots - flu season - mug and tissues
The fall season brings a lot of pleasant things for many people. Beautiful foliage, cooler temperatures, and pumpkin spice lattes are pick-me-ups for most of us. However, fall also brings the beginning of flu season. And this year, we have the added difficulty of trying to navigate a resurging pandemic on top of it. So
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Medicare Open Enrollment: How Plan Comparison Can Lead to Win-Wins

stethoscope hanging on fence - medicare open enrollment
For many Medicare patients, Open Enrollment is the only time they can make changes to their Medicare plans. Whether a patient is newly eligible or shopping for a new plan, they have less than 60 days to enroll in a plan or make changes that will affect their health care for the coming year. And
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Medicare Open Enrollment: What Your Patients Need to Know

doctor on cellphone - Medicare open enrollment plan comparison and selection
This fall, Medicare Open Enrollment will begin for your eligible patients. This is the time when they can review their Medicare plan, make changes, or change their health plan. However, this can also be a critical time for pharmacies. Many of your patients are age 65 and older, and their health care needs change with
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Making Business Intelligence Work for Your Pharmacy

man walking with briefcase - business intelligence for pharmacies
Big data is big business. For close to 70 years, businesses have been using data analytics to make better business decisions. By collecting data and analyzing it, they were able to look at what they had done and the effect it had on their business, then develop strategies using that knowledge. They were able to
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6 Ways Local Pharmacies Can Thrive Among Giants

6 Ways Local Pharmacies Can Thrive Among Giants
The pharmacy space is increasingly becoming more competitive as local pharmacies fight to compete with their corporate counterparts. Along with increased competition, shrinking margins and declining reimbursement have made it incredibly challenging to grow and sustain a local pharmacy business over time. With that said, operating a successful local pharmacy still isn’t impossible—at least not
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How Pharmacy Software Has Changed as a Result of the Pandemic

How Pharmacy Software has Changed as a Result of the Pandemic
The pharmacist role has evolved and expanded significantly in recent years with more and more retail and independent pharmacies offering clinical care services that go well beyond traditional dispensing. During COVID-19, the role has evolved even more as pharmacists have been tasked with everything from providing valuable information and debunking myths to offering point-of-care testing
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4 Tips to Get the Most out of Your Medical Billing Software

4 Tips to Get the Most Out of Your Medical Billing Software
As the pharmacist role continues to evolve and an increasing number of pharmacies begin offering clinical care services for patients in their communities, the role of medical billing software in pharmacy becomes more important than ever before. Recently, the COVID-19 pandemic introduced several additional opportunities for pharmacists to become trusted community caregivers. With so many
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Accommodating Consumer-Driven Health Care in Your Pharmacy

man checking apple watch - consumer-driven health care
More and more employers are making the shift toward consumer-driven health care, and it’s not hard to see why. It’s far less expensive for the employer and, depending on their overall health and lifestyle, often less expensive for employees as well. However, there are still some issues associated with consumer-driven health care that need to
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