"The Successful Pharmacy Owner is The One Who Discovers New Solutions Before Big Pharma & The Insurance Companies Destroy it." -- The Pharmacy Sage
Unemployment has gone from 10.2% at the height of the recession, all the way down to 4% nationwide as of December 2016. And, spending is on the upsurge.
Sadly, at the same time, insurance compensation has diminished severely and the income from your traditional scripts continues to decline. I'm sure you feel as though you’re working harder just to keep pace.
But that does not have to be the case. You are now left with two choices:
Have You Changed Your Strategies?
Change your strategies and you change your results. One of those changes should be to follow in the footsteps of your colleagues who are embracing a different business model. Continue doing what you’re doing, and watch the insurance companies slowly but surely destroy your pharmacy or…lower the cost of your drugs. Buy them at chain store prices, which means you get them for 5%-8% lower cost. That’s $10,000/month or more in your gross profit column and that much more money in your pockets.
Are you taking the necessary measures to protect yourself from further ravages of your profits by the Insurance companies? Making such changes enables you to bring your pharmacy into the 21st century by making it different and enabling it to matter to your community.
The Art of “Dispensing” Today
Are you spreading the word to non-patients and patients alike? About the value of information you have (or should have) pertaining to chronic diseases? About how to effectively use supplements to deal with allergies, arthritis, asthma— even osteoporosis and Alzheimer's and more?
Hear me out! You do have choices, ones you can make right now! You can continue to let the insurance companies decimate your future, or you can do the following two things to quickly abate that problem:
The above are ways in which you can pivot quickly to make more money and really matter both to your community, and to a higher degree to your family. To see how we help our clients achieve this click here.
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