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Pharmacy U news

  • The hope of healthcare—value-add or adding value?

    If your experience is anything like mine, the ability to add value to our patients and customers is a seismic shift! I wish I could say it is just as easy as offering value-add programs, but it not. Adding value is an intentional effort to make a relevant impact in the lives of the patients we serve. Adding value is key to leading patients to better health.
    a man wearing a suit and tie smiling and looking at the camera

  • Snow storms and the growing theme of the pharmacist waitlist

    Pharmacy is like a snow storm. During a heavy storm, we cannot keep up with the falling snow even with constant shovelling. We end up going about our lives, then dealing with the damage when the storm is over. The act of shovelling is put on hold until after the storm is over.
    snowstorm

  • The hope of healthcare – the value circle

    There are far too many times when a patient is diagnosed, a medication is prescribed, and the timeline to assess success or failure of the therapy is not defined in a timely or meaningful way. It is like a circle that is incomplete.
    a man wearing a suit and tie smiling and looking at the camera

  • Year-end tax-loss selling for your pharmacy business

    Tax-loss selling is an investment strategy that can lower your tax bill. Interested in knowing more? Does this apply to your pharmacy business? Read on. This investment strategy kicks in when you sell a stock for a capital loss, so that you can use the loss to offset realized capital gains with a view to reducing the tax you ultimately pay.
    Mike Jaczko and Max Beairsto

  • One pharmacist’s rant—we need to discuss debt and ‘owings’

    For the pharmacy world struggling with back orders, recalls and mixed-up orders, owing is a part of the job. But owings – or debt – for a pharmacist are analogous to the problem of lost luggage.
    Jason Chenard

  • The hope of healthcare – the creation of value

    Value is what we must set out to deliver. Every day. To every patient we serve. Pharmacists are the Hope of Healthcare (at least partly) because we can deliver that value and have that impact. We are accessible to so many people. Yet here also lies the challenge: are we delivering value? How do you know you are delivering value?
    a man wearing a suit and tie smiling and looking at the camera

  • What to look for while conducting a pharmacy job interview

    With a very sparse number of pharmacy staff in the neighbourhood to choose from, we now often select workers without actual pharmacy experience. This means that leaders need to have an even keener eye for detecting the cross-over skills hidden in the stories of those we are interviewing.
    sliding scale

  • Selling your pharmacy? Win the mental game first

    Many pharmacist-owners sell their companies and then find something in their lives is missing. They might have dreamed of retirement for a long time as a nirvana of comfort and leisure, but the reality turns out to be something different, and disappointing. The truth is, retirement can be difficult, even if you have a tidy nest egg that will support you and your loved ones for the rest of your life.
    Mike Jaczko and Max Beairsto
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