The Community Pharmacist Blog

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Community Pharmacy Owners: We are not in Kansas anymore!!

Posted by Benjamin Coakley on Mon, Jun 23, 2014 @ 12:58 PM

These past few weeks have been very busy for our advisors at Waypoint. We have travelled many miles and spent countless hours on the phone working with our clients. We have also gone to several meetings to support community pharmacy owners (these will be detailed in a series of blogs called From the Front Lines of Community Pharmacy). A common theme keeps arising from these meetings, the battle for the future of community pharmacy is just beginning.  

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Topics: community pharmacy, community pharmacy owner, community pharmacist

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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Topics: community pharmacy, community pharmacy ownership

3 Governance Ideas for Family Pharmacies

Posted by Benjamin Coakley on Wed, Apr 16, 2014 @ 08:56 AM

Family pharmacies are a unique entity in America.  They combine the challenges of pharmacy with the challenges of being family owned and operated. This combination can create some very interesting experiences, situations, and confrontations.

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Topics: community pharmacy, family pharmacy, family pharmacy owner

The Family Pharmacy Paradox: What's in it for me?

Posted by Benjamin Coakley on Tue, Mar 25, 2014 @ 03:14 PM

Family businesses and, subsequently, family pharmacies are often great at promoting the fact they are family owned and operated. They are proud of the fact they work as a family team to help fulfill the mission of the family and the business.  We share that passion at Waypoint because we are also a family owned and operated business.

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Topics: community pharmacy, family pharmacy, family pharmacy owner

Community Pharmacy Successors UNITE!!!!!

Posted by Benjamin Coakley on Fri, Mar 21, 2014 @ 08:18 AM

Several popular cartoons feature a group of individual super heroes who unite when a supervillain can only be defeated with their combined strength. For community pharmacy owners, there are no shortages of threats and supervillains (insurance companies, PBMs, large box stores, etc.). Combating these threats is going to take unity between all the forces for good in pharmacy. Only then can we begin to turn the tide of this war.

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Topics: community pharmacy, pharmacy successors, pharmacy succession planning