There are many factors that can affect the bottom line of a pharmacy’s revenue. As pharmacies continue to face declining reimbursements and PBM penalties, pharmacy owners need to diversify and seek alternate revenue streams beyond traditional model. Many pharmacists are offering differentiated products and services designed to attract new business and provide an alternative revenue stream. In this session, learn from industry experts how to increase revenue through ambulatory relationships, contracting, GPO, and new partnerships.
1. Define various sources of pharmaceutical revenue.
2. Explain the challenges of capturing payments.
3. Identify opportunities for pharmacy revenue through contracting, GPO, and Partnerships.
4. Describe new opportunities for new revenue.