Pharmacy U news

We love superheroes and villains because they are unique in their clear identity. We understand their strengths, their weaknesses and what makes them special. Why should you be any different?

I struggled for a long time with the idea of “winning.” A big part of the struggle came from my definition of winning. I confused dominating with winning.

Most pharmacist-owners are more concerned with running their businesses than with planning how to get out of them. Yet inevitably, the day will come when you realize it is time to turn the equity in your pharmacy into capital.

The greatest threat to pharmacy practice today is in pharmacists maintaining their relevancy to both patients and payers. While we are becoming less necessary for technical work and checking prescriptions, our other role as “counselling” on medications can also easily become obsolete.

In any given hour the always accessible, no-appointment needed, world’s number one trusted health care provider has phones ringing, patients in the aisles looking for recommendations, patients waiting in the counselling room for vaccines, deliveries arriving.

On the surface, for many pharmacists meeting a customer’s needs might mean filling an Rx accurately with the appropriate counselling, but the more important benefit is not necessarily the patient’s stated purpose.

Running a successful pharmacy is not all fill and bill. There are many more factors that determine the health not only of your patients but of your overall business.

Yes, without genuine washroom breaks it’s true that pharmacists can hold water like camels, but there is a more important similarity: they can both carry significant loads on their backs.