B. Douglas Hoey, RPh, MBA
CEO, National Community Pharmacists Association
Scale of the community pharmacy marketplace
Services provided to meet local health needs
Independent community pharmacies continue to be a trusted source for prescription medication and expert counseling, according to the 2016 NCPA Digest. In towns and cities across America, independent community pharmacies treat patients like family, adapt to further promote safe and effective medication use, and are active local philanthropists.
At the same time, both decreasing prescription volume and declining prescription drug reimbursement should be alarm bells to community pharmacy owners. Now more than ever, community pharmacy owners should consider any and all options to diversify their revenue while continuing to focus on evaluating the economics of third party reimbursements.