Pharmacy Finance

Many independent pharmacies closed during the last recession.

Opening a second pharmacy location can be profitable, but isn’t without challenges.

Discount cards and manufacturer coupons can cost pharmacies in the long run.

For pharmacy owners, understanding tax code can lead to financial benefits at tax time.

Working collaboratively can be key to either avoiding a PBM audit altogether or making the process as painless as possible.

Pharmacy finances can suffer if owners are tripped up by these common pitfalls.

Quality documentation ensures that pharmacies get paid for clinical services and offers a way to engage with patients.

Changes to DIR fees are coming. Taking proactive steps can help pharmacies avoid feeling the pinch.

Efforts to improve education on biosimilars are a start, but payer policies must catch up to ensure real change.

Lower household income and requiring multiple medications play large roles

COVID-19 vaccines and therapies were the main drivers of the increase.

Change must start in the practice before payment can be delivered.

Many will be forced to forgo care or return to the workforce to pay health care bills