This was a great presentation. Would love to hear the speakers thoughts today, as much as the market has changed in 5 years. I’m 12 years as an independent pharmacist, non-owner, and have an opportunity to purchase.
Thanks for taking the time to view the video and comment. The business has changed a lot over the past few years. Margins have decreased and competition from PBMs in particular has made things more difficult. However more than ever an independent has more options in terms of lines of business than ever before from immunizations, point of care testing, labs, compounding, LTC etc. Independent pharmacies have to adapt to the changing healthcare market and the ones who do will capitalize on the changing environment. Please reach out if you would like to discuss further.
What about your thoughts on opening an independent pharmacy store? Is there a possibility that this can be done in the future where the pharmacy tech can work the store with a virtual pharmacist? Love to get your thoughts ……
Kim - we own and operate independent pharmacies. We help people every day open pharmacies so it is definitely possible. As for opening with a virtual pharmacist, I do not see this in the near future as we have not heard any rumors regarding it. They are starting to allow technicians to do much more such as immunizations and work telepharmacy locations.
This was a great presentation. Would love to hear the speakers thoughts today, as much as the market has changed in 5 years. I’m 12 years as an independent pharmacist, non-owner, and have an opportunity to purchase.
Thanks for taking the time to view the video and comment. The business has changed a lot over the past few years. Margins have decreased and competition from PBMs in particular has made things more difficult. However more than ever an independent has more options in terms of lines of business than ever before from immunizations, point of care testing, labs, compounding, LTC etc. Independent pharmacies have to adapt to the changing healthcare market and the ones who do will capitalize on the changing environment. Please reach out if you would like to discuss further.
Where can we reach out
It’s tough though risking-reward. Could try independent but right now I have a low stress 165k spot with grocery store chain 5 weeks PTO
One day I will own multiple pharmacies
I am owning my own pharmacy some day. Mark. My. Words.
Thx a lot for sharing
What about your thoughts on opening an independent pharmacy store? Is there a possibility that this can be done in the future where the pharmacy tech can work the store with a virtual pharmacist? Love to get your thoughts ……
Kim - we own and operate independent pharmacies. We help people every day open pharmacies so it is definitely possible. As for opening with a virtual pharmacist, I do not see this in the near future as we have not heard any rumors regarding it. They are starting to allow technicians to do much more such as immunizations and work telepharmacy locations.
Great presentation
Adress
Do you have to be a pharmacist to own a pharmacy?
yes lol
That’s not necessarily true
James Charles not true my aunt only has a high school diploma and owns 5 pharmacies in New York City.
@@wirelesschick123 How so? She has partners with pharmacy people
Michael Cornell she hired the doctors.