Pharmacy U news

Pharmacy U Vancouver, held in person on October 22, raised the bar once again with new pharmacy learning, insights and practical strategies for running a successful pharmacy.

The relationship principle that I have learned to employ is called the Exchange Principle. The Exchange Principle says before you put someone in his place, you should put yourself in his place.

Obviously, rising interest rates are a challenge for any business owner, and to pharmacist-owners who have been preparing to sell, the new rate environment might seem like very bad news. But that is no reason to give up on trying to maximize the market value of their pharmacies.

A U-turn is a manoeuvre to completely change direction. For most decisions in life, changing direction goes without much notice or consequence. Most of life’s day-to-day decisions don’t carry much consequence if we get them wrong. But there are 4 choices that carry much more weight.

Labour shortages have been a fact of life for generations. Complicating this situation is the significant upset in staff availability over the holidays. So how do you plan your pharmacy staffing for the holiday season?

After graduation, I started off as a staff pharmacist, providing patient care and practising to my full scope of practice. I learned a lot from my boss at the time, as well as from the other pharmacists and staff I was working with. Then the pandemic hit.

Would-be pharmacist-owners are finding that the days of cheap borrowing costs are waning. So, are existing pharmacist-owners in the process of refinancing as the terms on their mortgages come due?

After two years of atypically low flu seasons due to COVID public health measures, we may be in for a tough fall. As influenza transmission/exposure was low in the community over the last 2 years, there is concern over the reduction in natural immunity to influenza.