Diversification is the strategy your pharmacy needs to thrive in the face of PBMs. Increasing non-prescription revenue by as little as 5% can mean tens of thousands of dollars in additional profit that PBMs can’t touch. See how PDS members are diversifying and increasing their bottom line.
Relying on dispensing as your primary source of revenue is a high-risk strategy. You need to take control and take your pharmacy beyond dispensing. On average, pharmacy owners have over 90% of their revenue tied to PBMs, but small changes to this percentage can make a big difference to your bottom line.
The first step to change the way you play the game is by implementing pharmacy services and solutions that diversify your revenue streams.
| 1. Pharmacogenetic Testing | 6. Long Term Care Prescriptions |
| 2. Weight Loss Coaching | 7. Worker’s Compensation Prescriptions |
| 3. Allergy Testing | 8. Prior Authorization Approvals |
| 4. CBD Sales | 9. Increase OTC Sales |
| 5. Point of Care Testing | 10. Direct Employer Contracting |
Check out the new Diversification Worksheet. It will help you take these strategies from paper to actionable items that will increase your profitability.
Hear owner, Cynthia Feldman, tell her story from the PDS 2020 stage.
Book online by selecting below.
https://www.pharmacyowners.com/wp-content/uploads/2020/10/Open-Enrollment.png
788
940
pdsmarketing
/wp-content/uploads/2019/06/pds-logo.png
pdsmarketing2020-10-01 14:27:362020-10-01 14:27:36Open Enrollment: Help Your Patients and Protect Your Profits
https://www.pharmacyowners.com/wp-content/uploads/2020/09/812377_Reminder-Announcement-IG_090120.png
1080
1080
pdsmarketing
/wp-content/uploads/2019/06/pds-logo.png
pdsmarketing2020-09-23 11:55:532020-09-23 12:09:55The Independent Pharmacy Legacy Challenge
https://www.pharmacyowners.com/wp-content/uploads/2020/09/Untitled-design-55.png
788
940
Erin Hmielewski
/wp-content/uploads/2019/06/pds-logo.png
Erin Hmielewski2020-09-01 11:51:382020-09-01 11:52:17Technology Enables the Human Touch
https://www.pharmacyowners.com/wp-content/uploads/2020/08/Sweetgrass-Pharmacy.jpg
1582
2048
pdsmarketing
/wp-content/uploads/2019/06/pds-logo.png
pdsmarketing2020-08-20 16:30:592020-08-21 20:14:18Top 4 Benefits of Attending a Pharmacy Business Conference
https://www.pharmacyowners.com/wp-content/uploads/2020/08/Untitled-design-53.png
788
940
Erin Hmielewski
/wp-content/uploads/2019/06/pds-logo.png
Erin Hmielewski2020-08-18 09:16:462020-08-18 09:18:48A Quick-Start Guide to Omega-3s
https://www.pharmacyowners.com/wp-content/uploads/2020/06/Untitled-design-39.png
788
940
Erin Hmielewski
/wp-content/uploads/2019/06/pds-logo.png
Erin Hmielewski2020-06-03 11:53:272020-07-09 12:59:46Diversify with Supplemental Oxygen
https://www.pharmacyowners.com/wp-content/uploads/2020/05/Live-small-AdobeStock_338276078.jpeg
1224
1632
Erin Hmielewski
/wp-content/uploads/2019/06/pds-logo.png
Erin Hmielewski2020-05-11 10:30:032020-05-14 15:07:28Creating A (Successful) Virtual Event For Your Pharmacy
https://www.pharmacyowners.com/wp-content/uploads/2020/05/chain-small-AdobeStock_181833937-1-1.jpeg
944
1311
Erin Hmielewski
/wp-content/uploads/2019/06/pds-logo.png
Erin Hmielewski2020-05-10 16:57:072020-05-13 05:27:36Protect Your Supply Chain from ShortagesStart setting higher goals. And start achieving them. We’ll help.
