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.

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.

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.

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!

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.

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.

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.

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.

When your days are filled with tedious, time-consuming tasks that take you away from patient care, you may start to lose sight of what drew you to pharmacy in the first place. Over time, not only will you become less passionate about your work, but your productivity and patient satisfaction are likely to suffer as well.

Rumors about DSCSA requirements have been swirling around the industry for a while now. However, between the original deadline extension and the FDA’s exemption ruling earlier this summer, many pharmacies have put their compliance efforts on the back burner.

Concerns over prescription fees and reimbursement rates continue to weigh heavily on the minds of independent pharmacies nation-wide. While there may be little you can do to change your profitability behind-the-counter, when it comes to the front-end of your store, the possibilities are endless.

If you’re primarily focused on your overall sales, reimbursement rates and acquisition costs to gauge your pharmacy’s performance, you’re only getting part of the picture. Instead, it’s important to regularly review a variety of metrics to ensure all aspects of your store are operating optimally.