INNOVATIVE PHARMACY SOLUTIONS
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Services.

Running an independent community pharmacy today is a lot more complicated than it was several decades ago. Today, besides basic business planning and financial management, pharmacies must deal with patient workflow, clinical aspects, employee specialization, and the development of non-dispensing services and revenue streams

Business Development

CONSULTING SERVICE TERMS

  • $350.00 per hour
  • 5 hours per week, via remote discussions with 1 or more IPS owners/consultants
  • Includes discussions/planning as noted above. We engage, Hold Accountable, Follow-up
  • ​Initial contract period is for twelve weeks for a total of 60 hours

Business Planning

  • Business/practice development
    • Business/practice description
    •  Organizational management
    • Operational management
    • Market Analysis
    • Financial Planning

Patient-Flow Considerations

  • Patient consultation area(s)
    • Stand up/sit down
    • Determining space needs
  • Strategic flow of patients in the practice
    • Product placement
    • Impulse purchases

Inventory

  • Product lines to carry
    • Quality
    • Manufacturer support
    • Patient education materials
      • COGs, purchase terms, return policies
  • Product placement
  • Merchandising

Knowledge Development

  • Functional Medicine
  • Identifying Staff Champions
  • Implementation of New Services
  • Retaining and Growing New Business Revenue Streams
Financial Management
  • Determining costs
  • Determining pricing
  • Breakeven analysis

We Promise You the Best

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