Full disclosure is not a new term in the pharmacy industry. Many organizations and community pharmacy owners consistently press lawmakers to pass laws that require full disclosure by PBMs. It has almost become ingrained in the culture of being a pharmacy owner to fight for this. Constant pressure may lead to big changes down the road that will ultimately help community pharmacy owners.
Topics: community pharmacy owner, community pharmacist, community pharmacy retirement program
Owning a pharmacy or being a community pharmacist can be demanding of your time, attention and energy. A community pharmacist once told us that these are the three most scarce resources people have. Understanding this, and the subsequent implications, can help you better understand what you need to do to optimize the management of these three resources.
Topics: community pharmacy owner, community pharmacy independence
The Waypoint team was in New Jersey last October and just barely managed to get out of Hurricane Sandy's way. Because we were just visiting, we had the luxury of leaving, unlike many others, including your fellow independent community pharmacists. Heroic stories of prescriptions being filled by candle light for patients whose lives depended on their medicine inspired all of us. But what is it that enabled those few pharmacists to hang on, to face down potential disaster?
Topics: community pharmacy owner, community pharmacist, pharmacy contingency plan
When even one causes us heartache, you might think the growing number of phone calls we receive from community pharmacists struggling to keep their doors open would lead to despair.
Topics: community pharmacy owner, community pharmacist, profitability
