The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.

One of the ways many independent pharmacies are differentiating themselves is by implementing prescription discount card programs. Under the right circumstances, this can mean significant savings to the patient and an increase in gross margins for the pharmacy. In this episode of The Bottom Line Pharmacy Podcast, Greco De Valencia, Senior Loan Officer with Live Oak Bank, Ripal Pate

The independent pharmacy of today is sitting on lots of data and opportunity to expand into areas of healthcare that can help your pharmacy become the healthcare center in your community.But as a pharmacy owner, how do you know what to do with all the data available to you?In this week's episode of the Bottom Line Pharmacy Podcast, Nicolette Mathey from Atrium24 shares her insights

Data from the NCPA shows that there are over 17,000 health care facilities that are eligible to participate in 340B programs, with many of these facilities being located in rural America.This can give your pharmacy a competitive advantage and make your pharmacy the healthcare hub of your community by providing care to an underserved patient population.But how do you know if this is

Reimbursement changes have sparked updates to KPIs and financial benchmarks for independent pharmacies.In addition to reimbursement changes we’re also seeing pharmacies find more opportunities to add diversified revenue sources such as long-term care and compounding.On this special bonus episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP sits down with POA Execut

If you saw every bottle or capsule on your shelf as a $100 bill, you might be trying to find ways to get that money into your bank account, especially in the cash flow crunch that pharmacies are facing now.This is exactly what perpetual inventory from Inventory IQ allows you to do.In this episode of The Bottom Line Pharmacy Podcast, we share insights to help you keep cash in your b

While the path to multi-store ownership may look different for everyone, the principles remain the same.From his first location in 2011 to over 20 stores in 2024, Hashim Zaibak’s rule for managing multiple stores has remained the same - “I take care of the people who are going to take care of the people who are going to take care of the customers”On this episode of The Bottom

From DIR fees to current PSAO behavior, dive deep into independent pharmacy accounting on this bonus episode featuring Scotty Sykes, CPA, CFP's appearance on The Catalyst Pharmacy Podcast. Want to watch the full episode? Click here. More About the Catalyst Pharmacy Podcast: Presented by PioneerRx, the Catalyst podcast dives into current events that are shaping how pharmacists appro

One of biggest pain points pharmacists face is patients taking their medications regularly. One of the innovative ways to help serve the need for patients to take their meds more consistently is through Strip Packaging with RXSafe! On this episode of The Bottom Line Pharmacy Podcast, we sit down with William Holmes, the Founder of RxSafe and Matt Gilbert, the VP of Business Transfo

The sunsetting of DIR fees has brought about several changes to the percentages that payers have made up for different pharmacies.In some cases, you have the same payer and the same drug reimbursement with different rates at different times for different patients.On this special bonus episode of The Bottom Line Pharmacy Podcast, we sit down with Jesse C. Dresser, Esq. and Steven L.

As independent pharmacy continues to evolve, it's more important now than ever to diversify your services and be the healthcare hub of your community. On this episode of The Bottom Line Pharmacy Podcast, we sit down with Ashley Moose from Moose Pharmacy and CPESN to discuss clinical services such as long-term care, pharmacy integrated networks, cash-based revenue opportunities, and