The Pharmacists First Guardian

What do March Madness and Community Pharmacy have in common?

Posted by Benjamin Coakley on Fri, May 02, 2014 @ 09:15 AM

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Tags: community pharmacy, community pharmacy ownership

Community Pharmacy: Managerial vs. Ownership Control

Posted by Benjamin Coakley on Wed, Feb 05, 2014 @ 09:10 AM

When we travel around the country speaking to community pharmacy owners, we are constantly reminded of the misperceptions about the differences between owning and running a pharmacy.  For example, we often hear that owners should be compensated because they own the pharmacy (even though they may not work there).  We also hear from people that are upset that profits are going to people that never step foot in the pharmacy.  The reason for this is there isn't much understanding in the market place about the difference between managerial control and ownership control.

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Tags: community pharmacy, community pharmacist, community pharmacy ownership