Is Your Piggy Getting Squeezed?

Cash Flow Is The #1 Financial Problem For Pharmacy Owners

Piggy in a vice

How One Pharmacy Increased Net Profits By $140,000 In FY 2019
(Even With Lower Gross Margins!)

A PDSfinancials member saw declining margins in the beginning of 2019. They have been a PDSfinancials member since 2018, so their accounting team saw a downward trend early on and together they formed a plan to overcome it. You can see their 2018 and 2019 P&L for the full picture and here are the highlights of how they were able to make MORE net income while experiencing a downturn in their gross margins.

  • Gross profit dropped from 36.46% in 2018 to 34.66% in 2019

  • The team focused on decreasing expensense and they droped from 22.81% in 2018 to 19.92% in 2019

  • Net income increased from 12.6% to 13.40% resulting in an extra $140,873 in net profit

einstein the pig

Request Cash Flow Tips
and a Call from PDSfinancials

I love this report and analysis. You made my day. I love the data and the usability of it.

We were able to decrease our expenses from 22% to 16%.

Having my books reviewed by an industry expert is a no brainer and the service keeps getting better.

In 1 year I was able to increase my net income from 2.6% to 6.7%, an increase of $170,000!

All Of Your Pharmacy Financial Problems Solved!

Industry-specific accounting reduces errors, improves internal controls and brings CFO level insights for your pharmacy. We know how to handle DIR Fees, 340B, clawbacks and rebates properly, so you get the best benefit. PDSfinancials goes beyond basic bookkeeping with:

Personalized Actionable Insights
Unlimited Calls, Emails and Questions at No Charge
Accurate Monthly Financial Statements
24/7 Access to Your Financials
Team of Accountants
and CPAs
Online Dashboards and Comparisons
Bill Pay and Monthly Sales Tax Filing Included
CPA Coaching and Strategic Planning

Enjoy the confidence and clarity you will get with being a PDSfinancials member.

For Immediate Assistance: Call 561-275-2638