Business
The vanishing pharmacist
A diminishing pharmacy workforce has been an unintended consequence of weighted average price disclosure, writes Peter Feros Government coffers have swollen by billions of pharmacy rebate dollars via the Weighted …
‘Doubtful debt’ impacts Sigma earnings
Sigma has pointed to “doubtful debt” relating to one pharmacy group as having impacted its earnings before interest and tax during the last financial year Sigma Pharmaceuticals says it will …
Boosting your revenue
Is it possible to increase your revenue by 5% by June 30? Linda Miller explains how Most community pharmacies are fighting competition and dropping profitability in the dispensary, even for …
The gap between awareness and attitude
You need to get right 8 fundamental steps if you’re to successfully change your pharmacy, says Glenn Guilfoyle Conversations on refocusing pharmacists from rear technical processing roles to forward customer …
Powering ahead
Successful 2016 performance by leading medication adherence management company Medication management software provider, MedAdvisor, has reported strong performance for the last quarter of 2016. MedAdvisor Limited has released its …
Your best business strategy for 2017
Pharmacy owners who are anxious, overworked and ill equipped to plan and take control of their business are not alone, says Linda Miller Christmas trading often forces planning to the …
The best customer experience
Different indicators give a varied picture of pharmacy customer experience, so which one is right? asks Glenn Guilfoyle A recent edition of the Pharmacy Guild of Australia’s newsletter Forefront featured …
Shaving PBS cuts into pharmacy
What are the top five inexpensive and fast acting initiatives available to offset the impact of PBS cuts? Price disclosure is a continuous PBS cost shaving process. It requires pharmacy …
Show me some discipline
‘Counter discipline’…a retail virtue too compelling to ignore, says Glenn Guilfoyle As consumers, pharmacists – like Joe Public at large, are so conditioned these days to a certain “counter discipline” …
Recognise supply chain blood and cuts
How price cuts impact the supply chain, by Bruce Annabel and Mal Scrymgeour The 1 October price cuts were a much less bloody affair than many had imagined. The reasons …
Business bites: blood and cuts
How do PBS price cuts resemble the impact of a particularly nasty shave? And how can you minimise the damage? Bruce Annabel & Mal Scrymgeour explain Shaving cuts are a …
The pharmacy of the future
Building the pharmacy of the future? Rob Sztar describes the technology you need to know about We are fortunate to be living through the 3rd Industrial Revolution, otherwise known as …