Could Your Pharmacy Survive a Cyber Attack?
While data breaches at large pharmacies make national news, independent pharmacies are no less susceptible to cyber attacks and their devastating consequences. Whether through a malware, phishing, or password attack, independent pharmacies are targeted for their patient health, identity, and credit card information. Though you may think that large businesses are affected the most, more Continue reading
Create a Roadmap to Clinical and Financial Success with EPIC Rx
Pharmacies have more data than ever, but where should they focus? How are pharmacies being evaluated and compensated based on performance? What does this mean for patient care? The EPIC Rx Clinical Programs team has developed a roadmap to help pharmacies navigate this changing landscape and put them on a path to success. Step 1: Continue reading
EPIC Rx’s Preferred Vendors Make Running Your Business Easier
Did you know that EPIC Pharmacies has a number of approved vendors with special offers just for members? We offer our members a wide variety of tools and front-end merchandise to pick from, which can help bring their independent pharmacy to the next level. Here’s just some of what we offer in our vendor program. Continue reading
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