top of page
RxConnexion
Apr 20, 20232 min read
National Opioid Settlements Could Place Burden on Independent Pharmacies
The opioid epidemic has resulted in a wave of lawsuits against national pharmacy chains, including Walgreens, CVS, and Rite Aid, for...
95 views0 comments
RxConnexion
Apr 8, 20237 min read
Top KPIs for a Successful Pharmacy Business: What to Track for Growth and Profitability
In today's competitive business environment, it is essential for pharmacies to measure their performance regularly and track their...
867 views0 comments
RxConnexion
Apr 8, 20233 min read
Revolutionizing Healthcare: The Power of Prescription Digital Therapeutics (PDTs)
Prescription digital therapeutics (PDTs) are a new class of medical treatments that use software applications to treat various medical...
14 views0 comments
RxConnexion
Apr 8, 20233 min read
Improving Adherence, Compliance and outcome for patients in Ophthalmic Practice
Adherence and compliance are crucial factors in achieving positive outcomes for patients scheduled for eye surgery. Poor adherence to...
55 views0 comments
RxConnexion
Apr 3, 20232 min read
Providing Home Delivery as a Strategy for Pharmacy Growth
The COVID-19 pandemic has caused a major shift in the way many businesses operate, and pharmacies are no exception. With social...
38 views0 comments
RxConnexion
Mar 30, 20234 min read
PBMs and Your Wallet: How Unfair Practices Impact Your Healthcare Costs
Pharmacy Benefit Managers (PBMs) are third-party administrators that are responsible for managing prescription drug benefits for health...
25 views0 comments
RxConnexion
Mar 30, 20233 min read
Cash Flow - The Backbone of Your Business
Cash flow is the backbone of any business. It's the amount of cash that flows in and out of a business, which is critical to its success....
20 views0 comments
RxConnexion
Mar 27, 20232 min read
Understanding Opioid Use Disorder: The Role of Pharmacists in the Treatment of Opioid Use Disorder
Opioid use disorder (OUD) is a chronic medical condition characterized by the misuse or dependence on opioids, which include prescription...
41 views0 comments
RxConnexion
Mar 17, 20232 min read
Specialize Care Services: Path to Profitability by Providing High Touch Services
Ophthalmology specialized care for pharmacy refers to the provision of specialized pharmacy services to patients with eye conditions and...
81 views0 comments
RxConnexion
Mar 17, 20232 min read
Pharmacy Valuation: Unlocking the Value of Your Pharmacy. Factors to Consider in Pharmacy Valuation
Pharmacy valuation refers to the process of determining the value of a pharmacy business. There are several factors that are typically...
32 views0 comments
RxConnexion
Mar 13, 20232 min read
How to Improve Cash Flow in Your Pharmacy
Increasing cash flow in a pharmacy can be achieved through a combination of cost-cutting measures and revenue-boosting strategies. Here...
599 views0 comments
RxConnexion
Mar 12, 20233 min read
Marketing your Pharmacy Services to Physicians by Utilizing Prescribing Data
Pharmaceutical companies have always relied heavily on physicians to market their products. However, with the rise of big data, there is...
508 views0 comments
RxConnexion
Mar 4, 20232 min read
What are DIR fees and how to Reduce it
Direct and indirect remuneration (DIR) fees are payments that pharmacies receive from insurance companies, pharmacy benefit managers...
129 views1 comment
RxConnexion
Mar 3, 20233 min read
Common mistakes that businesses make when designing marketing programs
some common mistakes that businesses make when designing marketing programs: Failing to define target customers: A marketing program...
77 views0 comments
RxConnexion
Feb 27, 20233 min read
Control Substance Inventory Standards & Requirement for Independent Pharmacy
Control Substance Inventory Requirement for Independent Pharmacy Independent pharmacies are required to maintain a controlled substance...
90 views0 comments
RxConnexion
Feb 23, 20232 min read
Key Performance Indicators (KPI) to Monitor in Your Pharmacy Business
As a pharmacy business, there are several Key Performance Indicators (KPIs) that you should monitor to ensure that your business is...
356 views0 comments
RxConnexion
Feb 22, 20232 min read
7 Ways to Improve Pharmacy Profitability
Pharmacies are essential to the healthcare industry, but they can face challenges in terms of profitability. Here are some ways to...
351 views0 comments
RxConnexion
Feb 18, 20233 min read
Control Drug Inventory System - An Important Management Tool in a Pharmacy
Drug diversion is the illegal transfer of prescription drugs from legal sources to the illicit market. This can occur through a variety...
63 views0 comments
RxConnexion
Feb 18, 20232 min read
Ways to Improve Revenue, Reduce overhead and Increase cash flow in Independent Pharmacies
There are several strategies that an independent pharmacy can use to improve its revenues: Increase Prescription Volume: To increase...
16 views0 comments
RxConnexion
Feb 18, 20232 min read
Improving Pharmacy Revenue Utilizing Technology Based Services
Some community pharmacies are operating below average financial health in 2020. As states and local communities work to recover from the...
6 views0 comments
bottom of page