finance
Pharmacy Whac-A-Mole
60-day dispensing promises to present pharmacies with multiple issues. They will need a comprehensive plan to confront them Kazuo Yamada hunched over his desk as he concentrated hard on his …
On the market
Survey reveals there is strong buyer demand and growing availability of pharmacies on the pharmacy market The results of a new market sentiment survey indicate there is “very strong buyer …
World news wrapup: 7 May 2020
Backlash after pharmacists left out of life assurance scheme; NZ pharmacies in financial peril; Welsh pharmacy calls police on English patient UK: Following outrage that pharmacists were not automatically included …
Deciphering the puzzle
Do you know how to read a financial statement? Here’s a quick guide by Victoria Le, from Peak Strategies As a pharmacist, you are qualified and well trained to help …
How bankruptcy can affect your pharmacy
What are the consequences of bankruptcy? Stephanie McGrath looks at the effects on pharmacy owners On 18 February 2019 AJP reported that the National Health Amendment (Pharmaceutical Benefits) Bill 2019 …
Hitting your targets
What are the key performance measures that you should focus on for your pharmacy? Here’s what Natalie Sirianni suggests As a ‘numbers’ person, I always love this time of year …
Sigma net profit drops 10.5%
Sales revenue was “heavily impacted” this year by a decline in the sales of low-margin hep C medicines Sigma Healthcare has reported a difficult financial year, but says it will …
Profit is sanity
‘Turnover is vanity, profit is sanity, cash is reality, discounting is profanity’, write Bruce Annabel and Mal Scrymgeour One of the best pharmacy owner managers I know said that ‘Turnover …
Medicare freeze to be lifted
Health Minister Greg Hunt has earned praise from doctors’ groups for the “well overdue” move, which will be staggered over four years at a cost of $1 billion Australian Medical Association …
Pharmacy owners tackling decade-high rents
Get back to the basics or risk losing your business, warns retail leasing specialist Pharmacy rents are at their highest in a decade and even outstripping the Consumer Price Index …