
In a healthcare system where affordability often feels out of reach, one pharmacist is rewriting the rules—with a pharmacy that doesn’t even have a cash register. Ritesh Shah, a 30-year pharmacy veteran who’s filled shoes from CEO to seven-store owner, decided during COVID-19 that his next business venture would be less focused on profit and more on people. That purpose was rooted in a promise to his late sister, Raina. And today, it lives on through the Ritesh Shah Charitable Pharmacy, a not-for-profit pharmacy in Red Bank, New Jersey that has dispensed over $2 million in free medications to more than 500 patients living below the federal poverty line.
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Each year, millions of people set resolutions in the hopes of improving aspects of their lives. However, whether you’re planning to establish a new routine or break a bad habit, it’s important to be realistic and specific about what you hope to accomplish – and how.
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The new year is rapidly approaching, and with it comes 365 new opportunities to grow your pharmacy. In addition to setting goals for your store, it’s important to be on the lookout for other ways to advance your business throughout the year. For example, BestRx is working behind the scenes on a variety of exciting tools to take your pharmacy to the next level.
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We’re constantly adding new functionality and integrations to enhance our pharmacy software. In fact, we typically roll out an update for BestRx and BestPOS once a month. However, during the daily hustle and bustle, you may find yourself quickly glancing at the update log and forgetting to go back and explore the new features more closely later.
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A new year means 12 months of untapped opportunity for your pharmacy. It’s the perfect time to reflect on what’s been working well, identify the areas you’d like to improve, and set some performance goals. Although you may not be able to control or predict everything your business will face in the road ahead, there are steps you can take to ensure you put your best foot forward.
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Every year the pharmacy industry continues to evolve – in response to consumer demand, new legislative requirements, and other unforeseen obstacles. In fact, the past 12 months may have been some of the most challenging for independent pharmacies yet. While this year brought a lot of unknowns, frustrations, and at times, even fear, we learned some pretty important lessons along the way.
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It’s important not to wait until January 1 to begin thinking about the year ahead. Instead, there are a variety of customizable reports in BestRx that will help you to determine how your pharmacy is currently performing and what you can expect moving forward, based on historical trends.
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As another year winds down, we wanted to pause and reflect on all that has happened at BestRx – not only over the last 12 months, but over the past 40 years. Although our footprint has only recently expanded to include customers in nearly all 50 states, BestRx is not a newcomer to the industry.
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The fall is the perfect time to reflect on things you’re thankful for – both personally and professionally. This includes finding ways to let your pharmacy patients know how much you appreciate their business. Luckily, there are ways you can leverage your BestRx software to do just that!
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The way pharmacists interact with patients has changed significantly over the years. In addition to sharing vital prescription information, pharmacists are now providing a variety of services that enable patients to achieve optimal health. However, many independent pharmacies still struggle with how to efficiently document patient interactions, share the information with other healthcare providers and be reimbursed for their time.
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If you’re like most independent pharmacies, you probably have an involuntary shudder every time the topic of compliance comes up. With industry regulations constantly being added or changing, we get it. Constantly adjusting your workflow to account for new requirements can feel like a daunting task.
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As a busy independent pharmacy, you rely heavily on technology and automation to keep your business running smoothly. That’s why selecting the right pharmacy management system – and utilizing it to its fullest potential – is critical to your success.
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Operating one independent pharmacy can be hard enough, never mind trying to keep up with several locations. Let’s explore why – and what you can do about it.
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