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The Business of Pharmacy Podcast™

The Business of Pharmacy Podcast™

By Mike Koelzer, Pharmacist

An In-Depth, Candid Conversation with Pharmacy Business Leaders
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The Voice of Pharmacy | Kim Newlove, Pharmacist, The Pharmacist's Voice®

The Business of Pharmacy Podcast™Oct 26, 2020

00:00
56:27
Automating Compliance in Pharmacy | Sumeet Singh, LighthouseAI

Automating Compliance in Pharmacy | Sumeet Singh, LighthouseAI

Sponsored by Parcel Health: In this episode of The Business of Pharmacy Podcast™, host Mike Koelzer welcomes Sumeet Singh, founder and CEO of Lighthouse AI, to discuss the revolutionary approach his company is taking towards automating pharmacy compliance. Singh delves into how Lighthouse AI leverages artificial intelligence to simplify the complex and ever-changing landscape of pharmacy regulations, ensuring pharmacies can efficiently navigate compliance requirements across different jurisdictions. This candid conversation sheds light on the technology driving the future of pharmacy compliance, promising to transform the traditional, labor-intensive processes into an automated, efficient, and error-free system.

https://lighthouseai.com/

www.parcelhealth.co/

https://www.bizofpharmpod.com/

Mar 25, 202446:50
Harmacy Pharmacy Documentary | Anaïs Mennuti & Kristin Speer, PharmDs

Harmacy Pharmacy Documentary | Anaïs Mennuti & Kristin Speer, PharmDs

In this enlightening episode, we dive into the world of pharmacy beyond the counters and shelves with the creators of the compelling documentary "Harmacy." Dr. Anaïs (Webster) Mennuti and Dr. Kristin Speer join host Mike Koelzer to shed light on their journey, challenges, and the transformative shift in their project's direction.
Sponsor:
www.parcelhealth.co/
www.harmacyfilm.com
Guests:

Dr. Anaïs (Webster) Mennuti, a dedicated pharmacist and the co-director/producer of "Harmacy," shares her insights from the front lines in Oregon's hospital systems.
Dr. Kristin Speer, also a pharmacist, lends her expertise as a co-producer and a pivotal figure in the Psychedelic Pharmacist Association, discussing the broader implications of pharmacy practices.

Discussion Highlights:

Title Evolution: The documentary, initially titled "Would You Like Shots With That?," has undergone a significant rebranding to "Harmacy," a change inspired by Hollywood consultants' advice for broader appeal and clarity.

Core Themes: The project started as a focus on labor rights within retail chain pharmacies but expanded to encompass the deeper, systemic issues plaguing the pharmacy world, hinting at a broader "Harmacy" rather than a caring environment.

Challenges Faced: The journey to bring this documentary to life is not without its obstacles, from funding hurdles to gaining cooperation from the industry's higher echelons. Anaïs and Kristin discuss the reluctance of top pharmacy chains and PBMs to engage, highlighting the importance of presenting a balanced view by including various perspectives in their narrative.

The Role of Pharmacy: The conversation delves into the identity crisis within the profession, emphasizing the need for pharmacists to become better self-advocates. The documentary aims to spark a conversation on the value pharmacists bring to healthcare and the potential for their role to evolve positively if systemic issues are addressed.

Future Steps and Funding: With a detailed business plan and a partnership with consulting producer Scott DuPont, the team is optimistic about reaching their funding goals to continue production. The documentary seeks not only to highlight the challenges but also to explore potential solutions and encourage a collective push towards systemic reform.

Call to Action: The episode concludes with an invitation to the pharmacy community and the general public to support the documentary's mission. By shedding light on the untold stories of the pharmacy world, "Harmacy" aims to catalyze change and advocate for a profession that is integral to public health.


For More Information:

Visit harmacyfilm.com for updates, insights, and ways to support this vital project.

Join us next week for another engaging conversation on The Business of Pharmacy Podcast™, where we continue to explore the intersections of health, policy, and the business shaping the future of pharmacy.
Mar 18, 202453:29
 How PSAOs and Wholesalers Undermine Pharmacies | Brett Louderback, PharmD, OpenBook

How PSAOs and Wholesalers Undermine Pharmacies | Brett Louderback, PharmD, OpenBook

In an industry where wholesalers often undermine pharmacies, Brett Louderback, a dedicated pharmacist and first-time store owner in Nebraska, opens up about his path to pharmacy ownership and the creation of his consulting group. This episode delves into the pivotal insights from a car dealer that significantly shaped Brett's business strategy in the pharmacy sector: "You don't make money at the sale. You make it at the purchase." This philosophy is especially relevant in the context of the challenges pharmacies face with wholesalers, highlighting the importance of strategic acquisitions and negotiations.


https://www.obrxa.com

Sponsored by https://www.parcelhealth.co


Key Discussion Points:

  1. Leadership Philosophy:

    • Transition from a "benevolent dictatorship" to collaborative leadership with business partner Steve Bullock and the role of mentor Barry Kubo in shaping Brett's business acumen.
  2. The Business of Pharmacy:

    • The evolution of Brett's pharmacy practice from traditional services to embracing consulting, recognizing the potential beyond the pharmacy counter. The conversation explores the critical aspect of identifying new business opportunities and core savings in the niche market of independent pharmacies.
  3. Challenges with Wholesalers and PBMs:

    • A candid discussion on the struggles independent pharmacies face with wholesalers, PSAs, and PBMs, highlighting the opaque practices that jeopardize pharmacy profitability and sustainability.
  4. Financial Strategies and the Future of Pharmacy:

    • Brett outlines four pillars crucial for negotiating with wholesalers, emphasizing the need for independent pharmacies to reclaim their financial footing and exploring potential reforms in pharmacy contracting and reimbursement models.
  5. Advocacy and Vision for Change:

    • The episode touches on Brett's passion for addressing systemic issues within the pharmacy industry, including the dire need for transparency, accountability, and fair compensation practices. Brett's encounter with Senator Grassley is discussed, underscoring the significant policy decisions affecting pharmacy practice.
  6. Personal Reflections and Advice:

    • Brett shares his thoughts on the future of pharmacy, pondering the decisions that aspiring pharmacists and current professionals face in an ever-changing healthcare landscape.
Mar 11, 202442:08
The Future of Self-Care with OTC Prescription Medications | Fady Boctor, MBA, Petros Pharma
Mar 04, 202401:01:18
Tech Solutions for Modern Business Challenges | Alex Natskovich, MEV
Feb 26, 202458:12
AI Automating B2B Healthcare Conversations | Ankit Jain, Infinitus Systems
Feb 19, 202455:04
Modernizing Pharmacy Practices: Insights from Latin America | Mike Rizo, Pharm.D, MBA, Pharmcare Svcs.
Feb 12, 202453:24
AI's Influence on Medical Writing | Alex Evans, PharmD, MBA
Feb 05, 202453:37
Franchising the Pharmaceutical Industry | Barry Patel, PharmD, Galt Pharma

Franchising the Pharmaceutical Industry | Barry Patel, PharmD, Galt Pharma

The New Face of Pharma: Unveiling the Small Pharma Model and a Unique Franchise System


Barry Patel, CEO and co-founder of Galt Companies, joined us for an engaging conversation about entrepreneurship in the pharmaceutical market. Patel discussed how Galt Companies, which includes Galt Pharmaceuticals and Galt Franchise Systems, is altering the conventional Big Pharma model by enhancing smaller pharmacies' potential. The discussion highlighted the innovative approach Galt Companies has adopted to secure existing medicines from the '70s through '90s and reintroduce them to the market, including a franchisee model allowing local entrepreneurs to own and operate mini-pharma companies in their areas. The talk also delved into the unique challenges and prospects the model offers, as well as insights into the pharmaceutical industry's regulatory landscape and Galt's future vision.


00:00 Introduction and Background of Barry Patel

00:36 Understanding the Business Model of Galt Companies

01:08 The Strategy Behind Reviving Old Pharmaceutical Products

01:44 The Role of Brand Recognition in the Pharmaceutical Industry

02:59 The Challenges and Opportunities in Manufacturing and Distribution

04:35 The Process of Identifying Potential Products for Revival

06:14 Understanding the Market Dynamics and Competition

08:05 The Future of the Pharmaceutical Industry and Galt Companies

12:06 The Role of PBMs and the Impact on the Pharmaceutical Industry

22:54 Exploring the Franchise Model in the Pharmaceutical Industry

23:15 Understanding the Franchise Model

24:14 The Role of Sales Representatives

25:00 Who are the Franchisees?

30:05 Overcoming the Salesperson Stigma

38:36 The Franchise Model and Liability

42:02 Future Plans and Growth Strategy

46:21 Final Thoughts and Appreciation

Jan 29, 202442:50
Launching a National Organization | Lauren Castle, PharmD, FMPhA.org

Launching a National Organization | Lauren Castle, PharmD, FMPhA.org

Host: Mike Koelzer

Guest: Lauren Castle, PharmD, Founder of Functional Medicine Pharmacists Alliance (FMPhA.org)

Episode Overview: In this episode, Mike Koelzer hosts Lauren Castle, who shares her inspiring journey of founding the Functional Medicine Pharmacists Alliance. The conversation delves into the challenges and triumphs of creating a new path in the pharmacy field, especially in the emerging area of functional medicine.

Key Topics Discussed:

  1. Introduction and Background:

    • Lauren Castle introduces herself and explains the mission of the Functional Medicine Pharmacists Alliance.
    • The alliance focuses on advocacy, education, and resources for pharmacists interested in functional medicine.
  2. The Genesis of FMPhA:

    • Lauren discusses the lack of resources and support for pharmacists in functional medicine, which led her to create FMPhA.
    • The journey from concept in 2017 to a fully realized professional organization.
  3. Challenges and Innovations:

    • Overcoming the skepticism within traditional pharmacy organizations.
    • Embracing technology and social media to build an online community and educational platform.
  4. Transition to Online Community:

    • The shift from in-person to online presence, particularly using Facebook as a starting point.
    • The importance of owning their platform to control content and discussions, especially highlighted during the Covid-19 pandemic.
  5. Advocacy and Action:

    • The focus on actionable steps for pharmacists to implement functional medicine practices.
    • Challenges in expanding the scope of practice for pharmacists within functional medicine.
  6. Future of FMPhA and Personal Reflections:

    • Lauren's vision for the future of FMPhA and its impact on the pharmacy profession.
    • Personal anecdotes and reflections on starting and growing a national organization.

Episode Conclusion: Lauren Castle's journey is a testament to innovation and determination in the field of pharmacy. Her experience in founding FMPhA provides valuable insights and inspiration for pharmacists seeking to explore new avenues in their profession.

Jan 22, 202454:50
Combating Crime and Loss in Pharmacies | Russ Hawkins, Agilence Inc.
Jan 15, 202401:07:28
Starting a Drug Manufacturing Venture | Eugene Chan, Abpro
Jan 08, 202401:04:22
Streamlining Pharmacy Drug Inventory | George Lazenby, OrderInsite

Streamlining Pharmacy Drug Inventory | George Lazenby, OrderInsite

In this episode, Mike Koelzer interviews George Lazenby about OrderInsight, a tool revolutionizing pharmacy prescription drug management.

https://getorderinsite.com/ OrderInsight Overview [00:00:20] Pharmacy Drug Challenges [00:02:30] Vendor-Wholesaler Dynamics [00:04:22] Inventory and Purchasing [00:07:40] System Integration [00:13:04] Cloud Services Preferences [00:15:14] Pharmacy Independence [00:17:31] George's Vision [00:21:06] Customer Acquisition [00:23:55] Future Directions [00:27:33] The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

Jan 02, 202447:18
Pharmacy Staffing Innovations | Autumn-Kyoko Cushman & Leann Haddad, ShiftRx

Pharmacy Staffing Innovations | Autumn-Kyoko Cushman & Leann Haddad, ShiftRx

This episode is sponsored by MatchRx. Visit them today at MatchRx.com.


In this episode of The Business of Pharmacy Podcast™, Mike Koelzer hosts LeeAnn and Autumn to discuss ShiftRx, an innovative solution in pharmacy staffing. The conversation delves into the challenges and opportunities in the pharmacy employment landscape, and how ShiftRx is making a difference.


ShiftRx.com


  1. 00:12 - Introduction to ShiftRx and its mission.
  2. 05:30 - The inception story of ShiftRx.
  3. 10:45 - Challenges faced in the pharmacy staffing industry.
  4. 15:20 - How ShiftRx addresses staffing issues.
  5. 20:35 - The impact of ShiftRx on pharmacists' work-life balance.
  6. 25:50 - User experiences and testimonials.
  7. 30:10 - Future plans and vision for ShiftRx.
  8. 35:25 - The role of technology in ShiftRx's model.
  9. 40:40 - Discussion on the gig economy in pharmacy.
  10. 45:55 - Closing thoughts and takeaways.


The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

Dec 25, 202340:03
Enhancing Pharmacy with External Pursuits | Jason Chenard, Speaker
Dec 18, 202351:41
Navigating Biotech Mergers and Acquisitions | Steve St. Onge, Paratek Pharmaceuticals
Dec 11, 202346:20
AI Pharmacy Robotics in the Home | Charles Gellman, HiDO Health
Dec 04, 202301:00:14
Drug Tracking's Impact on Pharmacy | Stephanie Varner, Capital Drug

Drug Tracking's Impact on Pharmacy | Stephanie Varner, Capital Drug

Join host Mike Koelzer and Stephanie Varner from Capital Wholesale Drug Company for an engaging discussion on the impact of drug tracking systems in pharmacies. This episode sheds light on the challenges, advantages, and future trends in drug tracking and its influence on pharmacy operations.
www.capital-drug.com/

0:12 - Episode Introduction with Stephanie Varner
3:05 - Defining Drug Tracking in Pharmacy
8:20 - Historical Context of Drug Tracking
15:30 - Implementation Challenges
22:45 - Impact on Pharmacy Workflow
28:50 - Regulatory Compliance Insights
34:10 - Technological Solutions
40:55 - Case Studies and Experiences
48:30 - Expert Perspectives
53:15 - Anticipating Future Trends

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.
Nov 27, 202342:41
Connected Systems Beyond E-Prescribing | Frank Harvey & Andrew Mellin, Surescripts

Connected Systems Beyond E-Prescribing | Frank Harvey & Andrew Mellin, Surescripts

Simplifying workflows and improving collaboration leads to better patient care. In this episode, we speak with Frank Harvey and Andrew Mellin from Surescripts about how their technology bridges communication gaps between pharmacists and other healthcare providers. We discuss innovations like price transparency, prescription quality improvements, and expanded clinical roles that empower pharmacists with the data they need at the point of care. Tune in to hear how Surescripts is connecting pharmacists with the broader care team and unlocking efficiency through better interoperability.


https://surescripts.com/


[00:00:15] Introductions

[00:01:07] Surescripts network overview

[00:02:55] Industry adoption of healthcare IT

[00:03:39] Slow areas of adoption

[00:05:10] Benefits of digitized records

[00:06:18] Players in the Surescripts network

[00:07:43] Getting clinical data to pharmacists

[00:08:44] Expanding pharmacists' clinical role

[00:09:44] Pharmacist shortage and scope expansion

[00:10:11] Interoperability vision

[00:12:26] Facilitating seamless claims processing

[00:13:39] Accessing patient records

[00:14:08] Clinical data exchange examples

[00:15:59] Evolution of pharmacy practice

[00:17:03] Surescripts and prescription payments

[00:18:42] Role in claims adjudication

[00:20:41] Involvement in billing process

[00:21:52] Improving prescription quality

[00:23:07] Centralized patient database

[00:24:01] Drug shortage database potential

[00:25:50] Addressing drug shortages with standards

[00:27:05] Providing drug availability info to prescribers

[00:28:23] Simplifying prescription instructions

[00:29:20] Healthcare interoperability challenges

[00:30:08] Prescription abandonment with price transparency

[00:32:07] Price transparency at prescribing

[00:33:19] Evolution of prescribing complexity

[00:35:47] Structuring prescription instructions

[00:36:47] Improving prescription quality

[00:38:22] Recapturing provider-pharmacist conversations

[00:39:23] Adapting to industry changes

[00:40:03] Pain points in the job

[00:41:54] Choosing priority focus areas

[00:43:18] Identifying industry needs and ideas

[00:44:27] Embedding in end-user workflows

[00:45:53] Closing remarks

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

Nov 20, 202344:21
PBMs Exposed in Workers' Comp Deception | Colleen Shields, RescueMeds

PBMs Exposed in Workers' Comp Deception | Colleen Shields, RescueMeds

In this insightful episode of The Business of Pharmacy Podcast™, we delve deep into the deceptive practices of Pharmacy Benefit Managers (PBMs) within the workers' compensation arena. Our guest, Colleen Shields, CEO of Rescue Meds Pharmacy, sheds light on the often-hidden manipulations of PBMs and their impact on pharmacies and injured workers. Join us as we explore the intricacies of workers' comp, the challenges pharmacies face, and the fight for fairness in the industry.

https://rescuemeds.com/

Time Stamps:

  • [00:00:15] Introduction of Colleen Shields and topic overview.
  • [00:01:17] Discussion on PBM practices in workers' comp and their impact on profits.
  • [00:02:30] Overview of the history and purpose of workers' compensation.
  • [00:04:26] The mandate of using Optum PBM in certain states and its implications.
  • [00:08:36] Colleen Shields explains the operations of Rescue Meds Pharmacy.
  • [00:12:09] The risks and challenges in managing large receivables in workers' comp cases.
  • [00:16:00] Insights on business projections and strategy for Rescue Meds Pharmacy.
  • [00:20:24] Addressing the urgent financial needs of patients facing housing insecurity.
  • [00:24:37] Discussion on the strategic location and growth plans of Rescue Meds.
  • [00:30:09] Exploring potential business opportunities in the workers' comp space.
  • [00:34:11] Identifying the bad players in the workers' comp industry.
  • [00:38:27] Personal insights from Colleen Shields on leadership and business management.
  • [00:44:09] The role and expertise of pharmacists in the workers' comp field.
  • [00:47:37] The evolution and challenges faced by pharmacists in the industry.
  • [00:52:56] Closing remarks and contact information for Colleen Shields.

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

Nov 13, 202352:28
Enhancing Internal Pharmacy Culture | Patti Mara, Principal Trainer and Author

Enhancing Internal Pharmacy Culture | Patti Mara, Principal Trainer and Author

Patti Mara, a pharmacy business coach for over 15 years, shares strategies for transforming pharmacy culture through communication, feedback and defining team success.


Website: https://pharmacysuccess.com/


[00:00:15] Introductions

[00:01:43] Hiring for pharmacy culture

[00:04:15] Importance of business and personality

[00:05:05] Matching talent to pharmacy roles

[00:05:43] Systematizing routine to handle exceptions

[00:08:28] The 4 pillars for team success

[00:09:38] Why weekly team huddles are critical

[00:14:12] Tips for effective huddles

[00:16:05] Keeping huddles focused

[00:18:02] In-person huddles more impactful

[00:18:13] Huddles drive staff empowerment

[00:18:41] Team position agreements

[00:21:10] Performance feedback strategies

[00:24:53] Acknowledging positive contributions

[00:27:34] Giving focused corrective feedback

[00:29:30] Clarifying pharmacy value proposition

[00:32:29] Maintaining core focus

[00:35:14] Turning complaints into opportunities

[00:38:05] Ensuring consistent experiences

[00:40:30] Characteristics of ideal customers

[00:42:31] Staying positive through challenges

[00:43:35] Wrap up

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

Nov 06, 202344:27
The State of Pharmacy Buying and Selling | Sean Duffy, Integrity Pharmacy Consultants

The State of Pharmacy Buying and Selling | Sean Duffy, Integrity Pharmacy Consultants

Oct 30, 202351:14
Blending Entrepreneurship Mindset and Skills | Jonathan Baktari, MD, eNational Testing, e7 Health, & US Drug Test Centers

Blending Entrepreneurship Mindset and Skills | Jonathan Baktari, MD, eNational Testing, e7 Health, & US Drug Test Centers

In this episode of The Business of Pharmacy Podcast, host Mike Koelzer interviews Dr. Jonathan Baktari, an entrepreneur and physician who founded several successful healthcare businesses. They discuss the mindsets and skills needed to be a successful entrepreneur, especially for those with medical and pharmacy backgrounds.

BaktariMD.com

Key Points:

[00:00:15] Introducing Dr. Jonathan Baktari and overview of discussion topics

[00:01:04] Transitioning from medicine into business and healthcare administration

[00:02:30] Getting global perspectives of healthcare by working with various stakeholders

[00:04:28] Changes in physician practice ownership over the past 20 years

[00:06:08] Entrepreneurship requiring specialized skills, not just personality traits

[00:09:01] Taking practical steps to learn about a business before launching it

[00:10:42] Challenges tech entrepreneurs face without industry experience

[00:12:36] Mitigating risks in a thoughtful, step-by-step manner

[00:15:10] Advantages of building technology alongside an existing business

[00:20:03] Creating a "blue ocean" strategy to make competitors irrelevant

[00:24:53] Personality and motivations still important for entrepreneurs

[00:27:53] Maintaining integrity and honesty as core leadership principles

[00:30:06] Clearly defining your competitive positioning and strategy

[00:34:04] Resisting temptation to expand into too many areas

[00:35:47] Dependence on early employees before redundancy is built

[00:40:09] Achieving true redundancy to enable organizational maturity


The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

Oct 23, 202339:24
Navigating Pharmacy Law and Regulations | Lucas Morgan, Atty, Frier Levitt

Navigating Pharmacy Law and Regulations | Lucas Morgan, Atty, Frier Levitt

Lucas Morgan, a partner at Frier Levitt, joins host Mike Koelzer for an in-depth discussion on pharmacy law, working with boards of pharmacy, common issues that pharmacists face, and tips for avoiding trouble.


https://www.frierlevitt.com/about/attorneys/lucas-w-morgan/


[00:00:15] Introducing Lucas Morgan

[00:01:05] Interacting with pharmacy board inspectors

[00:02:56] Mistakes made when dealing directly with boards

[00:04:00] Unique pharmacy regulations by state

[00:05:51] Emotions involved with board disciplinary actions

[00:06:52] The role of intent and negligence

[00:08:06] Discretion given to pharmacy boards

[00:09:47] Challenging board conclusions

[00:11:16] Using boards to determine correct interpretations

[00:12:57] Level of formality in board procedures

[00:15:10] Obtaining advisory opinions from boards

[00:16:29] Requirements for pharmacy operating hours

[00:17:59] Limitations of new pharmacy licenses

[00:20:13] Temporary pharmacy closures

[00:21:05] Saddest disciplinary cases

[00:24:11] Power dynamics with licensing boards

[00:27:42] Differences between mitigating and exculpatory factors

[00:29:34] Violations vs. intent and penalties

[00:32:24] Objectivity challenges with boards

[00:36:54] Transparency in board rulemaking processes

[00:40:10] One action listeners could take regarding boards

[00:42:03] Staying informed on pharmacy laws and regulations

[00:43:04] Challenges researching pharmacy laws

[00:44:17] Value of legal expertise


The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

Oct 16, 202341:09
Activating Pharmacy's Political Power | Jesse Brashear, Pharmacy Entrepreneur

Activating Pharmacy's Political Power | Jesse Brashear, Pharmacy Entrepreneur

In this episode, Florida pharmacy owner Jesse Brashear shares his experience getting involved in state-level advocacy and pharmacy reform.

https://www.brashearspharmacy.com/

Key topics covered:

  • 0:22 - Jesse talks about his background in political science and pharmacy
  • 0:59 - Jesse discusses getting involved in pharmacy advocacy in the state legislature
  • 2:18 - How a pharmacy reform bill gets introduced in a state legislature
  • 4:49 - Jesse describes literally knocking on legislators' doors at the state capitol
  • 6:33 - Jesse talks about speaking on pharmacy bills in legislative committees
  • 8:19 - Jesse recounts how long it takes to get pharmacy reform bills passed
  • 10:06 - Jesse wanted to go to law school or become an urban planner after college
  • 16:52 - Jesse brings his kids to speak at committee meetings for pharmacy reform
  • 18:18 - Factors that led to introduction of a pharmacy reform bill in Florida
  • 23:49 - Ways for individual pharmacists to get involved in advocacy
  • 25:38 - The role of state pharmacy associations in advocacy efforts
  • 28:24 - Advocating for pharmacy issues at the federal level
  • 30:32 - Getting new pharmacy graduates involved in advocacy
  • 32:25 - Would Jesse still pursue pharmacy today?
  • 35:10 - Sitting vs standing as a pharmacist
  • 36:40 - Tips for getting started in pharmacy advocacy
  • 39:09 - Taking action beyond just complaining about issues
  • 40:39 - Jesse's goal in coming on the podcast
  • 42:15 - Closing thoughts

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

Oct 09, 202342:31
Exposing the Hidden Costs Behind Prescriptions | Pramod John, VIVIO Health

Exposing the Hidden Costs Behind Prescriptions | Pramod John, VIVIO Health

Pramod John, CEO of VIVIO Health, discusses issues with drug pricing and competition in the pharmaceutical industry. He talks about how the current system incentivizes higher spending on healthcare rather than better outcomes, and how lack of transparency and access to data prevents true competition. [00:00:15] Introduces VIVIO Health mission [00:02:07] Background and improving healthcare [00:05:40] US overspends on drugs [00:08:39] Public benefit corporation [00:12:11] Rebates misalign incentives [00:17:29] FDA approves ineffective drugs [00:24:15] FDA efficacy vs. effectiveness [00:29:47] Health insurance exchanges [00:33:03] Humira lacks competition [00:40:51] Lower cost Humira biosimilars [00:44:38] Employers overpay despite alternatives [00:47:53] Consultants have misaligned incentives [00:51:46] Importance of fiduciary duty [00:53:39] Data access drives competition [00:55:33] Similar issues in other industries [00:57:31] Ask doctors for data on treatments Learn more: https://www.viviohealth.com The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.


Oct 02, 202359:11
Scaling up Pharmacist-Patient Relationships | Tony Willoughby, Stellus Rx
Sep 25, 202353:52
An Entrepreneur's Mission to Revolutionize PBMs | A.J. Loiacono, Capital Rx

An Entrepreneur's Mission to Revolutionize PBMs | A.J. Loiacono, Capital Rx

Sep 18, 202357:16
PBM Reform - What's Changed? What Hasn't? | Doug Hoey, National Community Pharmacists Association

PBM Reform - What's Changed? What Hasn't? | Doug Hoey, National Community Pharmacists Association

In this episode, Doug Hoey, CEO of the National Community Pharmacists Association (NCPA), previews the upcoming 2023 NCPA Annual Convention and shares insights on key issues affecting independent pharmacies today.

Key Discussion Points:

- Overview of the 2023 NCPA Annual Convention in Orlando, FL from October 14-17
- Why independent pharmacists should attend the convention
- Education sessions and speakers planned for the convention
- Legislative updates and pharmacy advocacy opportunities
- Challenges facing pharmacies in 2023 and 2024 (DIR fees, Medicare changes)
- Progress on PBM reform in Congress
- FTC increased scrutiny on PBM practices
- Opportunities for pharmacists to expand patient care services
- How independent pharmacies provide critical personalized care

2023 NCPA Convention Details:

- October 14-17, 2023 in Orlando, FL
- Keynote speakers: Peter Lovett and Dr. Marty Makary
- Pre-meeting event "Pharmacy Inside Out" on Oct 12-13
- Special announcement planned for convention
- Visit
www.ncpa.org/convention for more info and registration

Takeaways for Independent Pharmacies:

- Get involved in advocacy efforts to drive PBM reform
- Prepare financially for upcoming DIR fee impact and Medicare changes
- Identify opportunities to expand clinical services for patients
- Attend the 2023 NCPA Convention for insights, education and connections

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.
Sep 11, 202336:56
Packaging with Purpose: Phill Box | Melinda Su-En Lee, Parcel Health
Sep 04, 202359:31
Embarking on a Complete Career Shift | Raleigh Williams, Atty, Wealthy White Coat

Embarking on a Complete Career Shift | Raleigh Williams, Atty, Wealthy White Coat

In this podcast episode, Raleigh Williams, a former lawyer turned investor and entrepreneur, discusses his unconventional career journey from law to owning trampoline parks and investing. He explores challenges faced, the importance of embracing ambition and financial success, and leveraging networks for business opportunities. Raleigh highlights shedding negative money associations, pursuing personal desires for wealth, and adjusting strategies in the entrepreneurial world. He encourages listeners to confront their relationship with money, take calculated risks, and proactively pursue their aspirations for a fulfilling life. https://wealthywhitecoat.com/

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Tune in to a new episode every Monday morning.


Aug 28, 202340:04
Shielding Businesses from Surprise Major Rx Claims | Paul Fortunato, MBA, RxPharmacy Assurance
Aug 21, 202348:15
Mixing Medicine and Media for a New Movement | Phil Cowley, "Phil's My Pharmacist"
Aug 14, 202301:03:02
Addressing HR Challenges in Pharmacy | Britney Beck, Hi-Wire HR Consulting
Aug 07, 202349:38
Empowering Patients with Digital Prescriptions | Chris Blackley, Prescryptive Health
Jul 31, 202301:07:00
Embracing AI in Pharmacy | Andrea Ioiro, Speaker & Author
Jul 24, 202301:02:27
Fighting Healthcare Fraud Via Whistleblowers | Jonathan Tycko, Attorney

Fighting Healthcare Fraud Via Whistleblowers | Jonathan Tycko, Attorney

In this episode, we sit down with attorney Jon Tycko, a leading expert in representing whistleblowers in qui tam lawsuits within the healthcare industry. Join us as we delve into the world of healthcare fraud, guided by Jon's extensive knowledge and experience. Discover the critical role whistleblowers play in exposing fraudulent activities, their motivations, and the challenges they face. Gain insights into the legal framework, including the False Claims Act, and the process of initiating qui tam lawsuits. Explore the impact of whistleblower cases on companies, the government, and the healthcare system as a whole. Jon shares compelling stories and sheds light on the ongoing fight against fraud, providing a deeper understanding of this complex and important issue. https://linktr.ee/tyckozavareei

If you enjoyed this episode and want to explore more content from The Business of Pharmacy Podcast, head over to our website at ⁠www.bizofpharmpod.com⁠. There, you'll find a treasure trove of episodes, articles, and transcripts for you to explore. Plus, you can discover various ways to listen to our podcast and stay connected with us. So, don't miss out! Visit ⁠www.bizofpharmpod.com⁠ and embark on a journey of pharmacy knowledge and insights.

Jul 17, 202347:17
Revolutionizing Specialty Medication Access | Julia Regan, MBA, RxLightning

Revolutionizing Specialty Medication Access | Julia Regan, MBA, RxLightning

In this episode, Julia Regan, MBA, founder and CEO of RxLightning Inc, takes us on a journey of healthcare innovation as she shares how her company is streamlining the patient journey for specialty medications. RxLightning's end-to-end SaaS platform digitizes paper processes and connects doctors, patients, and stakeholders, bringing transparency and efficiency to the complex world of specialty drug access. Join us as we explore the challenges involved in insurance coverage, prior authorizations, and ongoing therapy management, and learn how RxLightning eliminates outdated practices to create a seamless, interconnected ecosystem. Julia also provides valuable insights on business development, mergers and acquisitions, and the power of networking in the healthcare industry. Tune in to discover how RxLightning is transforming the landscape of healthcare by streamlining the patient journey.


https://www.rxlightning.com/

If you enjoyed this episode and want to explore more content from The Business of Pharmacy Podcast, head over to our website at ⁠www.bizofpharmpod.com⁠. There, you'll find a treasure trove of episodes, articles, and transcripts for you to explore. Plus, you can discover various ways to listen to our podcast and stay connected with us. So, don't miss out! Visit ⁠www.bizofpharmpod.com⁠ and embark on a journey of pharmacy knowledge and insights.

Jul 10, 202338:24
The Power of Immigrant Entrepreneurs | Sohail Masood, PharmD, KabaFusion

The Power of Immigrant Entrepreneurs | Sohail Masood, PharmD, KabaFusion

In this episode, Sohail Masood, the founder and CEO of KabaFusion, shares his inspiring journey as an immigrant from Pakistan and his entrepreneurial success in the United States. Sohail discusses his educational experiences, including his studies in biology and pharmacy, and how he was drawn to home infusion pharmacy due to his desire to help HIV/AIDS patients. He talks about the challenges he faced as an entrepreneur and the growth of his company, KavaFusion, which has become the largest home infusion company in America. Sohail reflects on his motivations beyond financial success and his passion for making a positive impact in the healthcare industry. The conversation also touches on topics such as non-compete agreements, the importance of staying connected to employees as a CEO, and Sohail's plans for the future, including his desire to retire in the next few years. Throughout the episode, Sohail's dedication to giving back and supporting charitable causes shines through.

https://www.kabafusion.com/

If you enjoyed this episode and want to explore more content from The Business of Pharmacy Podcast, head over to our website at www.bizofpharmpod.com. There, you'll find a treasure trove of episodes, articles, and transcripts for you to explore. Plus, you can discover various ways to listen to our podcast and stay connected with us. So, don't miss out! Visit www.bizofpharmpod.com and embark on a journey of pharmacy knowledge and insights.


Jul 03, 202357:37
Achieving Peak Pharmacy Leadership | Jason Chenard, BPharm, Layered Leadership

Achieving Peak Pharmacy Leadership | Jason Chenard, BPharm, Layered Leadership

Mike Koelzer, the host, engages in a conversation about pharmacy leadership with Jason Chenard, an experienced and knowledgeable pharmacy professional.

  • They discuss the importance of assembling the right team and making necessary personnel changes.
  • Jason Chenard shares insights and expertise based on his extensive experience in the pharmacy industry.
  • The conversation emphasizes the value of understanding team members' strengths and personalities for a harmonious work environment.
  • Emotional intelligence and active listening are highlighted as crucial skills for effective leadership.
  • Writing is recognized as a valuable tool for organizing thoughts and generating insights, and Jason Chenard's articles on platforms like LinkedIn and Medium are mentioned.
  • Mike praises Jason's leadership skills and encourages listeners to engage with his content and training.
  • Jason Chenard's full name is mentioned.
  • The episode concludes with appreciation for Jason's contributions to the pharmacy world and an invitation for listeners to stay connected.


https://www.layeredleadership.ca/

Connect with Mike:

Instagram:⁠ https://www.instagram.com/bizofpharmpod/⁠

Facebook:⁠ https://www.facebook.com/BizOfPharmPod⁠

YouTube:⁠ https://www.youtube.com/c/TheBusinessofPharmacyPodcast⁠

Twitter:⁠ https://twitter.com/bizofpharmpod⁠LinkedIn:⁠ https://www.linkedin.com/company/bizofpharmpod⁠

Website:⁠ https://www.bizofpharmpod.com⁠

Loved this episode? Leave us a review and rating here:⁠ https://www.bizofpharmpod.com/reviews/new/⁠

Jun 26, 202301:00:30
Unique Real Estate Needs of Healthcare Professionals | Colin Carr, CARR.US

Unique Real Estate Needs of Healthcare Professionals | Colin Carr, CARR.US

Episode Summary: In this episode, host Mike Koelzer interviews Colin Carr, a commercial real estate agent specializing in representing healthcare providers. They discuss the challenges and considerations specific to healthcare professionals when it comes to real estate transactions. Colin shares his expertise and insights on various topics, including the impact of aesthetics in healthcare facilities, the effects of COVID-19 on the commercial real estate market, zoning considerations for medical offices, and the importance of tenant representation. Listeners gain valuable knowledge on how to make informed decisions and optimize their real estate strategies in the healthcare industry.


Episode Highlights:

  1. Understanding the Unique Demands of Healthcare Providers:

    • Different personality types among healthcare specialties
    • Importance of aesthetics in healthcare facilities
    • Creating a positive patient experience through cleanliness and attention to detail
  2. Navigating the Impact of COVID-19 on Commercial Real Estate:

    • Sectors that remained strong (e.g., industrial, multi-family properties)
    • Changes in large office spaces due to remote work and downsizing
    • Resilience of retail spaces driven by strong retailers and economic conditions
  3. Zoning Considerations and Classifications for Medical Offices:

    • Different state zoning laws and regulations
    • Classifications of medical office buildings (Class A, Class B, Class C)
    • Involvement of architects in navigating building codes and regulations
  4. Neighboring Businesses and Building Conversions:

    • Parking challenges and congestion from successful neighboring businesses
    • Importance of landlords and property managers in maintaining a positive environment
    • Opportunities and challenges of building conversions and repurposing
  5. Insights on the Self-Storage Industry and Lease Negotiations:

    • Rise of multi-story storage facilities and pod storage solutions
    • Common mistakes healthcare providers make in lease negotiations
    • Importance of tenant representation to secure competitive lease terms
  6. The Complexity of Commercial Real Estate Negotiations:

    • Various factors in negotiations (lease rates, build-out periods, concessions)
    • Non-binding letters of intent and extensive lease agreements
    • The need for professional representation and multiple negotiations
  7. The Importance of Professional Advice and Representation:

    • Real-life example highlighting the consequences of inadequate representation
    • Comparing real estate to seeking medical expertise rather than self-diagnosing
    • Balancing confidence and arrogance in negotiations
  8. The Ratio of Property Ownership vs. Leasing in the Healthcare Industry:

    • Percentage of healthcare providers who own vs. lease their properties
    • Factors influencing the decision to lease or own (availability, market demand, flexibility)
    • Advantages of leasing (relocation, lower upfront costs, concessions) vs. owning (equity, tax deductions, control)
  9. Key Takeaways and Next Steps:

    • Importance of understanding the long-term implications of real estate decisions
    • Hiring professional representation to navigate the process effectively
    • Exploring lease and purchase options, negotiating with multiple parties
    • Contacting Carr Healthcare Realty for expert assistance with real estate needs
  10. Closing Remarks:

    • Gratitude to Colin Carr for sharing valuable insights and expertise
    • Encouragement for healthcare professionals to make informed real estate decisions
    • Preview of upcoming episodes and topics in the healthcare real estate industry


https://carr.us/

Connect with Mike:

Instagram:⁠ https://www.instagram.com/bizofpharmpod/⁠

Facebook:⁠ https://www.facebook.com/BizOfPharmPod⁠

YouTube:⁠ https://www.youtube.com/c/TheBusinessofPharmacyPodcast⁠

Twitter:⁠ https://twitter.com/bizofpharmpod⁠LinkedIn:⁠ https://www.linkedin.com/company/bizofpharmpod⁠

Website:⁠ https://www.bizofpharmpod.com⁠

Loved this episode? Leave us a review and rating here:⁠ https://www.bizofpharmpod.com/reviews/new/⁠

Jun 19, 202301:08:30
Inside the Pharmacy Technician Struggle | Mike Johnston, CPhT-Adv, National Pharmacy Technician Association

Inside the Pharmacy Technician Struggle | Mike Johnston, CPhT-Adv, National Pharmacy Technician Association

Introduction: In this episode, we sit down with Mike Johnston, the founder and CEO of the National Pharmacy Technician Association. We discuss the unique challenges faced by pharmacy technicians, the dynamics of the community pharmacy landscape, and how we can foster a more supportive environment within the industry. Johnston shares his personal journey and his innovative ventures aimed at enhancing the pharmacy profession.

Key Points:

Jun 12, 202359:54
Combining Telemedicine and Local Pharmacies | Vinay Patel, PharmD, Founder MakoRx

Combining Telemedicine and Local Pharmacies | Vinay Patel, PharmD, Founder MakoRx

Show Notes

  1. Introduction: Mike hosts Vinay Patel, the founder of MakoRx, a company aiming to integrate telemedicine and local community pharmacies for improved healthcare access and affordability.

  2. Role of Local Pharmacies: Delve into the potential of local pharmacies to function as community healthcare hubs, offering essential services and bridging the gap between traditional in-person care and modern telemedicine.

  3. Telemedicine in Action: Understand how telemedicine can cater to the healthcare needs of diverse demographics, particularly in rural areas, forming an important piece in the puzzle of comprehensive healthcare access.

  4. Overcoming Challenges: Discuss hurdles encountered while introducing novel healthcare services and the importance of early adopters and real-time market feedback for strategy refinement.

  5. Innovative Pharmacy Benefit Models: Discover an innovative cost-plus model for pharmacy benefits administration and learn about strategic partnerships that contribute to success.

  6. Entrepreneurial Growth Journey: Learn about the transition from being an employee to owning a Pharmacy Benefit Management (PBM) company, how strategic partnerships have fueled growth, and how initial ideas evolved into concrete healthcare solutions.

  7. Membership Healthcare Services: Understand the structure and benefits of a membership program, a subscription model offering basic healthcare services, providing a distinctive alternative to traditional insurance.

  8. Artificial Intelligence in Medicine: Engage in a thought-provoking conversation on the potential and ethical implications of AI in healthcare and beyond.

  9. Personal Reflections: Gain insights from personal experiences and challenges faced by both Mike and Vinay in their careers, alongside thoughts on managing a growing company and advice to fellow pharmacists.

  10. Value-based Healthcare: Wrap up with a discussion on the importance of patient investment in their own healthcare, the value proposition of cash pay services, and the role of the internet in accelerating the cycle of value assessment.

https://www.makorx.com/

Connect with Mike:

Instagram:⁠ https://www.instagram.com/bizofpharmpod/⁠

Facebook:⁠ https://www.facebook.com/BizOfPharmPod⁠

YouTube:⁠ https://www.youtube.com/c/TheBusinessofPharmacyPodcast⁠

Twitter:⁠ https://twitter.com/bizofpharmpod⁠LinkedIn:⁠ https://www.linkedin.com/company/bizofpharmpod⁠

Website:⁠ https://www.bizofpharmpod.com⁠

Loved this episode? Leave us a review and rating here:⁠ https://www.bizofpharmpod.com/reviews/new/⁠

Jun 05, 202351:17
Disruption in Healthcare: Beyond Buzzwords | Marwah Younis, PharmD, MBA, Agate Medcare

Disruption in Healthcare: Beyond Buzzwords | Marwah Younis, PharmD, MBA, Agate Medcare

In this insightful podcast episode, pharmacist Marwa from Canada joins Mike to delve deep into the concept of disruption in the healthcare sector. They navigate the challenges and benefits of incorporating innovation, explore the role of external consultants, and discuss the significance of change management across various business environments.

Main Points:

The Impact of Genuine Disruption in Healthcare: Marwa and Mike discuss the importance of bringing meaningful and significant changes in the healthcare sector beyond superficial adjustments or buzzword usage.

Balancing Stability and Exploration in Professional Growth: The conversation delves into the restlessness many professionals experience for growth, the balance between stability and exploration, and the significance of continuous learning and self-discovery.

Harnessing Transferable Skills and Exploring New Opportunities: Marwa shares her journey from pharmacy to business, emphasizing the value of recognizing transferable skills and the need for pharmacists to be open to new opportunities beyond traditional roles.


Quotes:

Marwa: "True disruption involves making significant changes and not just rearranging things superficially or making empty claims."

Mike: "I have this idea where I would spend 20 minutes at a business and give them a list of 10 things they could change to improve their operations. It's about the concept of fresh eyes."

Marwa: "Sometimes, I find joy and passion in my profession and career. It's exciting to continually seek new possibilities, blurring the line between anxiety and excitement."



www.agatemedcare.ca/

Connect with Mike:
Instagram:⁠ https://www.instagram.com/bizofpharmpod/⁠
Facebook:⁠ https://www.facebook.com/BizOfPharmPod⁠
YouTube:⁠ https://www.youtube.com/c/TheBusinessofPharmacyPodcast⁠
Twitter:⁠ https://twitter.com/bizofpharmpod⁠LinkedIn:⁠ https://www.linkedin.com/company/bizofpharmpod⁠
Website:⁠ https://www.bizofpharmpod.com⁠
Loved this episode? Leave us a review and rating here:⁠ https://www.bizofpharmpod.com/reviews/new/⁠


May 29, 202301:10:20
Transforming Pharmacies into Nonprofit Entities | Edward Ullmann, R.PH., MPA
May 22, 202352:34
Scaling Pharmacy Services | Zach Chirico, Aaron Hannah, & Sebastian Endicott of Zillspace
May 15, 202338:46
The Inner Workings of Reverse Distribution | Michael Zaccaro, CEO, Pharma Logistics
May 08, 202301:01:37
Strategic Pharmacy Marketing | Wayne Glowac, Orion Marketing

Strategic Pharmacy Marketing | Wayne Glowac, Orion Marketing

In this episode, Mike Koelzer sits down with Wayne Glowac, the owner of Orion Marketing, to discuss effective marketing strategies for pharmacies. They cover a wide range of topics, from developing a strategy based on a clear vision and mission to building relationships with physicians and leveraging online platforms.


wayne.glowac@gmail.com


  1. Importance of developing a strategy for marketing a pharmacy
  2. Defining the mission, vision, and values of the business
  3. Identifying benefit pillars to differentiate from competitors and generate profit
  4. Making customers feel cared about, not just cared for
  5. Tips for improving customer retention
  6. Importance of having a website and online presence for pharmacies
  7. Leveraging benefit pillars to attract and retain customers
  8. Promoting benefits rather than features
  9. AIDA principle of attention, interest, desire, and action
  10. Challenges associated with advertising for pharmacies
  11. Specializing and focusing on strengths
  12. CROP analysis to identify strengths and weaknesses
  13. Psychology of customer behavior and importance of excellent service
  14. Doctor detailing to increase referrals
  15. Importance of follow-through and persistence in sales and business
  16. Impact of artificial intelligence (AI) on the pharmacy industry
  17. Low-cost marketing ideas for pharmacists
  18. Potential of AI in providing quality online content and answering questions
  19. Concerns about abuse of information and disinformation
  20. Optimism about AI helping to raise humans to a higher level.


May 01, 202346:55
Navigating the Complexities of Pharmacy Benefits | Wendy Barnes, CEO of RxBenefits

Navigating the Complexities of Pharmacy Benefits | Wendy Barnes, CEO of RxBenefits

In this episode, we sit down with Wendy Barnes, CEO of RxBenefits, to discuss the challenges faced by self-insured employers in managing pharmacy benefits. Barnes shares her insights on the difference between PBOs and PBMs, the complexities of managing pharmacy benefits, and the importance of pharmacists in the healthcare system.

Here are 10 points covered in this episode: Pharmacy benefit optimizers (PBOs) help smaller to mid-sized self-insured employers manage their pharmacy benefits. PBOs and pharmacy benefit managers (PBMs) have different roles and responsibilities. Self-insured employers face financial pressures and the complexity of managing pharmacy benefits. The big three PBMs extract high rates year over year, but the industry is moving towards a cost-plus environment. RX Benefits offers a one-year contract model to account for market changes. Misinformation is a challenge in the industry, and transparency is critical in negotiations. A small team of decision-makers engages with PBMs directly, emphasizing the need for accountability on both sides. Providing a comprehensive approach to managing pharmacy benefits and a single member service center can simplify the process for employees. A supplemental stop-loss product can help smaller employers cover specialty medication costs. Pharmacists are essential in the healthcare system and have become increasingly relevant during the COVID-19 pandemic. https://www.rxbenefits.com/ Connect with Mike: Instagram: https://www.instagram.com/bizofpharmpod/ Facebook: https://www.facebook.com/BizOfPharmPod YouTube: https://www.youtube.com/c/TheBusinessofPharmacyPodcast Twitter: https://twitter.com/bizofpharmpodLinkedIn: https://www.linkedin.com/company/bizofpharmpodWebsite: https://www.bizofpharmpod.com Loved this episode? Leave us a review and rating here: https://www.bizofpharmpod.com/reviews/new/


Apr 24, 202337:04
Launching Your Ideas | Jamie Wilkey, PharmD, Wealthy White Coat
Apr 17, 202353:40