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Possible Shift in the Nation’s COVID Vaccine Strategy

The Food and Drug Administration is considering a major shift in the nation’s COVID-19 vaccine strategy.

The goal is to simplify vaccination against COVID and perhaps adopt an approach similar to what is used for the flu vaccine, with annual updates to match...

Will Pharmacy Accept ChatGPT?

With the launch of ChatGPT, AI tech has become the latest hot topic. With the growth of digital health and virtual care, the pharmacy industry is ripe for innovation. But the pharmacy profession is often focused on “damage control,” and they miss out on the potential...

State of the Union Address Focuses on Affordable Health Care

During President Joseph Biden’s State of the Union address on Tuesday night, he discussed key concerns in health care, with a focus on drug pricing, COVID-19, and accessibility. In his comments on drug pricing, Biden discussed the recent $35 cap on insulin prices for...

Wholesaler Secrets: Your Cost of Goods and Profitability

Have you looked at your Wholesaler Contract lately?

Wholesaler contracts are extremely complex. Although many primary vendor agreements are too long and not the easiest to read. Many pharmacy owners only see a few pages of a pricing exhibit before they sign. How do...

Independent Pharmacies with Drug Shortages and Staffing

A new survey released by the National Community Pharmacists Association indicates that many independent community pharmacies are experiencing ongoing drug shortage issues and difficulty filling open staff positions. The survey continues NCPA’s efforts to provide...

Technology Can Assist Pharmacists

The need for pharmacists to return to a more clinically-focused role became apparent as the COVID-19 pandemic revealed gaps in patient access to care across the country.

We’ve both worked as pharmacists and that means we’ve both spent time trading phone calls and...

How to Calculate Your Wholesaler Rebates

In most industries, profit margins are simple: you buy inventory at one price, sell it for a higher price, and then you keep the difference. 

But when it comes to prescription drugs, contract conditions and incentives make profits hard to predict. To know how much...