Three Practices that Pharmacists can Apply to Protect Profits from the Slippery Slope of Retail Drug Pricing
By John G. King, CEO OmniSYS
Running a retail pharmacy is hard. First and foremost, you serve the needs of your patients: dispensing drugs, ensuring safety, improving medication adherence and providing clinical care. Then there is the operating side of your business: marketing, pricing, inventory management, vendor relations, finance and accounting, reporting… the list goes on. And all of this must be done during a period of transformation as the industry evolves from a traditional dispensing model to that of a provider of care.