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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...

AlereRx
Apr 8, 20238 min read
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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...

AlereRx
Apr 8, 20233 min read
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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...

AlereRx
Apr 8, 20233 min read
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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...

AlereRx
Apr 3, 20232 min read
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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...

AlereRx
Mar 30, 20234 min read
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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....

AlereRx
Mar 30, 20233 min read
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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...

AlereRx
Mar 27, 20232 min read
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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...

AlereRx
Mar 17, 20232 min read
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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...

AlereRx
Mar 17, 20232 min read
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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...

AlereRx
Mar 13, 20232 min read
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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...

AlereRx
Mar 12, 20233 min read
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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...

AlereRx
Mar 4, 20232 min read
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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...

AlereRx
Mar 3, 20233 min read
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Control Substance Inventory Standards & Requirement for Independent Pharmacy
Control Substance Inventory Requirement for Independent Pharmacy Independent pharmacies are required to maintain a controlled substance...

AlereRx
Feb 27, 20233 min read
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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...

AlereRx
Feb 23, 20232 min read
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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...

AlereRx
Feb 22, 20232 min read
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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...

AlereRx
Feb 18, 20233 min read
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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...

AlereRx
Feb 18, 20232 min read
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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...

AlereRx
Feb 18, 20232 min read
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Supply Chain Security for Control Drugs
Between the opioid crisis, the relaxation and over-scripting of prescription medications, and increased stress and burnout, drug...

AlereRx
Feb 18, 20232 min read
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