Pharmacy Voices

A Pet Peeve

I HAVE A PET PEEVE. I expect it is one of your peeves as well. Maybe together we can figure out what to do...
Bill Lockwood, Chairman/Publisher

Monetizing Privacy

WHAT IS DISTURBING TO ME is how an individual’s privacy is being compromised of late. It seems like a day doesn’t pass without reading about...

Pharmacogenetics in the Pharmacy: What’s Ahead

Unlike traditional drug interaction alerts that pop up the pharmacy system, pharmacogenetics takes into account how an individual metabolism processes a drug. With more...
Bill Lockwood, Chairman/Publisher

Disruptive Technologies

Amazon has rocked the foundation of brick-and-mortar retailers, forcing store closures and causing profits to plummet. Next up may be pharmacy. That’s the buzz, but pharmacy is not groceries. It’s not diapers. It’s not books. It is highly regulated, and run-of-the-mill prescriptions these days are not moneymakers. Specialty drugs are, but this is a different breed of pharmacy, one that I do not see fitting into the Amazon business model. Nevertheless, it could be a problem for community pharmacy, both chain and independent, if Amazon enters the pharmacy market.
Marsha K. Millonig, B.Pharm., M.B.A. Catalyst Enterprises

Catalyst Corner: 2017 – An Interesting Year

Today, as the new year begins, I found it interesting to scan some of the top healthcare- and pharmacy-related stories for 2017. Modern Healthcare...

Featured Stories

Creating a Clinical Environment for Pharmacy Practice

Cheri Schmit, pharmacist and director of clinical pharmacy for GRX Holdings, LLC, in West Des Moines, Iowa, has a passion for clinical care, and...
AmerisourceBergen pharmacy ownership transition services

Pharmacy Ownership Transition: A Primer

ONE OF THE KEY ISSUES  facing independent community pharmacy is ownership transition.  And with more than 35% of current pharmacy owners age 55 or...
Terry Cater, PerceptiMed, VP of Sales and Marketing

Pharmacy Rescue

What can you learn about how you should manage your pharmacy from observing where others are having success? My answer is that you should learn how to manage it as if you are going to sell your business tomorrow. The implication is that you want to sell your business for the best price you can get. You get the best price if you have created the most value. You should be working every day to create the most value that you possibly can.

Road Trip Reveals Secrets of Successful Pharmacies in Alaska

Bruce Kneeland took to the road and visited pharmacies in Alaska of all types of ownership, size, and markets served. He found they share four business strategies that have made them successful.

A Model for Success

“Free up the pharmacist” is the mantra that drives the vision of Randy P. McDonough, R.Ph., director of clinical services, and co-owner Mike Deninger,...

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