Independent Pharmacy Gathers in Nashville for Business Changing Conference
Members of the independent pharmacy community from across the United States will gather for a weekend of business changing content on April 26-28 in Nashville, Tennessee. EPIC Rx is hosting its 28th annual stockholders meeting and trade show with opportunities for all members to: * Connect with vendors and wholesalers one-on-one * Attend live ACPE-accredited Continue reading
Myth vs Fact: The Truth Behind Pharmacy Performance Data
Quality measures, medication therapy management (MTM), patient outcomes, etc., are all ways pharmacies are evaluated and affect the bottom line of independent pharmacies. Below are some reality checks to help your pharmacy on the path to success. Myth: Pharmacies receive a star rating. Reality: Medicare plans receive star ratings from the CMS; pharmacies do not. Continue reading
What is Your Pharmacy’s Emergency Plan?
A quarter of Americans report they could only go 2-3 days without access to their medications or medical equipment before they begin to experience negative health outcomes.1 Independent pharmacies can provide a vital link for continuing care and access to medication during emergencies — if they are prepared. Properly preparing for, responding to, and recovering Continue reading
Take the Stress Out of Compliance and Credentialing
PharmCAP® is a web-based program that provides all the compliance tools independent pharmacies need through a simple point-and-click process. Breathe easy knowing that your pharmacy meets mandatory compliance and credentialing requirements for Medicare Part D, the Centers for Medicare & Medicaid Services (CMS), third-party payers, and federal and state regulatory authorities. They offer flexible communication Continue reading
Start 2019 Strong Knowing These Quality Measure Changes
It’s no secret that performance on a variety of measures can have a significant impact on community pharmacies, especially when it comes to a store’s bottom line. A continued focus in 2019 on performance and quality will see payers seeking to improve health care quality and outcomes while reducing spending. Continuations for 2019: Although the Continue reading
3 Ways to Increase Pharmacy Profits
A typical independent pharmacy will generate more than 90 percent of its revenue from prescription sales. In an industry that is seeing lower reimbursements and higher back-end fees, pharmacies must look for ways to diversify revenue streams and increase profit margins. Below are three strategies to increase revenue in your independent pharmacy. Lower Acquisition Costs Continue reading
How EPIC Pharmacies can save your independent pharmacy money!
EPIC Pharmacies works with over 1,500 independently owned pharmacies across the country. As a buying group, we offer a full range of programs and services to return net revenues to members through monthly and quarterly rebates. Directed by a board of independent pharmacists, EPIC Pharmacies is a true cooperative. Your EPIC Pharmacies membership will literally pay Continue reading
EPN and PrescribeWellness Deepen Partnership To Help Members Improve Patient Outcomes
PrescribeWellness, a leading cloud-based patient relationship management solutions company that inspires collaboration between pharmacies, payers, providers, pharmaceutical companies and their patients for better health, and EPIC Pharmacy Network (EPN), one of the nation’s largest managed care networks for independent pharmacies in the United States, today announced the two companies are expanding their relationship to help Continue reading
EPIC Pharmacies Announces 2017 Student Grant Award Recipients
NOTTINGHAM, Md.— EPIC Pharmacies, Inc., a national network of more than 1,500 independently owned pharmacies, today announced the winners of its 2017 student grant program. Grants were awarded to 12 pharmacy students who plan to practice in an independent pharmacy upon graduation. “The next generation of independent pharmacists will have a crucial role in addressing Continue reading
Are you Positioned for Managed Care Success?
Is your pharmacy ready for the industry changes coming next year? • In 2018, around 95 percent of Medicare Part D plans will use preferred providers. • Most Part D programs will assess direct and indirect remuneration (DIR) fees for preferred and non-preferred providers. • Pharmacy benefit managers (PBMs) will continue to evaluate pharmacy performance Continue reading