DiversifyRx

DiversifyRx

By Pharmacy Podcast NetworkBusinessEntrepreneurship
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DiversifyRx episodes

  • Take Control of Your Cramps with Menstrual Cramp Relief Cream - AvKARE | Becoming A Pharmacy Badass

    **In this Episode, Heather Haro and Michael Cockerham discuss the incredible benefits of AVKARE's Menstrual Cramp Relief Cream.**

     

    **Show Notes:**

    1. **Introduction to the Podcast and Webinar Series** [0:00]
    2. **Overview of Desmond Arrea and Product Control** [1:55]
    3. **Marketing and Support for Pharmacies** [15:33]
    4. **Product Efficacy and Additional Applications** [20:03]
    5. **Conclusion and Final Thoughts** [25:12]

     

    **Links mentioned in this episode:**

    [To Learn More About the Product Offerings and Services]

    Websites Mentioned:

    https://www.drlisafaast.com/

     

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    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    31 min
  • A Safety Net For Your Cash Flow - DIR Fee Apocalypse 2024 | Becoming A Pharmacy Badass

    **In this insightful Episode, Lisa Faast and Carlos Weil share essential strategies for pharmacy owners to effectively manage cash flow challenges.**

    **Show Notes:**

    1. **Introduction to Cash Flow and DIR Fee Apocalypse** [0:00]
    2. **Guest Introduction and Cash Flow Basics** [1:34]
    3. **Understanding the DIR Fee Apocalypse ** [6:11]
    4. **Cash Flow Tips and Strategies** [8:53]
    5. **Carlos Weil's Safety Net Program** [17:04]
    6. **Details of the Working Capital Line of Credit** [21:50]
    7. **Q&A Session and Additional Resources** [28:04]



    Websites Mentioned:

    https://capitalsolutionsbancorp.com/
    https://www.drlisafaast.com/

     

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    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    47 min
  • Mastering KPIs & Data: The Key to a Profitable Pharmacy You Love | Dr. Lisa Faast | Becoming A Pharmacy Badass

    **In this episode of Becoming a Pharmacy Badass, Dr. Lisa Faast dives into one of the most critical aspects of running a successful and profitable pharmacy: understanding and leveraging KPIs (Key Performance Indicators) and data. Dr. Faast acknowledges that pulling reports from your PMS and calculating data can feel overwhelming, but she explains how to simplify the process and ensure that the data you rely on is accurate and actionable.**


    **Show Notes:**
    1. **Understanding the Importance of Data in Pharmacy** [0:00]
    2. **Benchmarks and Industry Standards ** [1:26]
    3. **Handling Dirty Data ** [3:00]
    4. **The Role of Action and Trend Tracking** [7:02]
    5. **Practical Steps for Data Management ** [8:21]



    **Websites Mentioned:
    https://diversifyrx.com/weekly-awesomeness-newsletter/
    https://www.drlisafaast.com/
    -----
    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    12 min
  • Tips for Success : How to Hire the Right Way for Your Pharmacy | Becoming A Pharmacy Badass

    **In this insightful video, Dr. Lisa Faast reveals the best approach to hiring in a pharmacy. She explains why it's crucial to start with non-licensed positions, such as cashiers and clerks, who play a key role in daily operations and patient interactions. Lisa highlights how hiring skilled, well-compensated clerks can strengthen patient relationships and improve the pharmacy's overall experience.**


    **Show Notes:**
    1. **Hiring Strategies for Pharmacies** [0:00]
    2. **The Importance of Leverage ** [2:41]
    3. **Hiring Cashiers First ** [3:30]
    4. **Building a Pharmacy Team** [5:52]
    5. **Patient Interaction and Customer Relationships** [7:03]
    6. **Hiring Technicians and Pharmacists** [10:06]
    7. **Maximizing Efficiency and ROI ** [13:46]
    8. **Building a Pharmacy as a CEO** [14:00]
    9. **Challenges and Solutions in Hiring** [16:55]
    10. **Conclusion and Call to Action** [17:13]



    **Websites Mentioned:
    https://diversifyrx.com/weekly-awesomeness-newsletter/
    https://www.drlisafaast.com/
    -----
    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    18 min
  • A Buffet of Weight Loss Revenue Streams: Boost Cash-Based Profits on Pharmacies with Dr. Lisa Faast | Becoming A Pharmacy Badass

    **Dr. Lisa Faast presents a powerful opportunity for pharmacies to tap into the booming weight loss industry. Offering a buffet of weight loss programs, services, and products can transform your pharmacy into a profit powerhouse while serving your patients' health goals.**



    **Show Notes:**

    1. **Introduction and Housekeeping** [0:00]
    2. **Lisa Faast's Background and Resources** [2:33]
    3. **Understanding Cash Flow** [8:22]
    4. **Seven Tips to Improve Cash Flow** [12:44]
    5. **Reducing Expenses and Increasing Profits** [21:44]
    6. **Leveraging Other People's Money** [36:11]
    7. **Q&A Session** [42:19]
    8. **Closing Remarks** [57:39]




    Websites Mentioned:
    https://www.drlisafaast.com/

    -----

    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    1 hr 3 min
  • Important Announcement FDA Update on Tirzepatide Shortage | Becoming A Pharmacy Badass

    **In this quick episode, Dr. Lisa Faast explains the FDA's recent decision about the tirzepatide shortage and what it means for pharmacies.**


    **Show Notes:**
    1. **FDA Announcement on Turzepatide Shortage** [0:00]
    2. **Impact on Compounding and Patient Care** [1:48]
    3. **Strategies for Pharmacies to Increase Demand** [3:14]
    4. **Final Thoughts and Call to Action** [5:02]



    Websites Mentioned:
    https://www.drlisafaast.com/

    -----

    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be a Part of the Pharmacy Podcast Network**

    7 min
  • How to Boost Pharmacy Profits: Tips for Low Foot Traffic Stores | Becoming A Pharmacy Badass

    **Struggling with Low Foot Traffic? Boost Your Pharmacy Profits with Dr. Lisa Faast Expert Tips! In this video, Dr. Lisa Faast shares strategies to help your pharmacy thrive. Whether it’s breaking free from the broken rebate system or building new revenue streams, these tips will help you take control of your profits.**


    **Show Notes:**

    1. **PBM Optimization and Pharmacy Profitability** [0:00]
    2. **Challenges with Primary Wholesalers and Buying Groups ** [3:20]
    3. **Contracting and Direct Contracting ** [7:01]
    4. **Optimizing Over-the-Counter (OTC) Sales** [8:54]
    5. **Community Engagement and Special Deliveries** [17:22]



    Websites Mentioned:

    https://diversifyrx.com/weekly-awesomeness-newsletter/
    https://www.drlisafaast.com/

    -----

    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    22 min
  • 90-Day Pharmacy Contracts: Pros, Cons, and Better Alternatives with Dr. Lisa Faast | Becoming A Pharmacy Badass

    **In this Video, Dr. Lisa Faast explores the advantages and drawbacks of 90-day contracts for pharmacy owners. While these contracts can offer control and flexibility through direct contracting, they often come with lower reimbursement rates for commercial and Medicare networks—particularly for brand-name medications under Medicare.**


    **Show Notes:**

    1. **Choosing Between 30-Day and 90-Day Contracts** [0:00]
    2. **Pros and Cons of 90-Day Contracts ** [2:21]
    3. **Impact on Patient Relationships and Sales ** [4:29]
    4. **Alternatives to 90-Day Contracts** [7:02]
    5. **Conclusion and Resources** [7:19]



    Websites Mentioned:

    https://diversifyrx.com/weekly-awesomeness-newsletter/
    https://www.drlisafaast.com/

    -----

    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    10 min
  • Pharmacy Owners: Beware of These 503B Red Flags! | Becoming A Pharmacy Badass

    **Today, I’m breaking down everything you NEED to know about 503B pharmacies and FDA 483 reports—and trust me, this is critical info for protecting your business and your patients.**


    **Show Notes:**

    1. **Understanding 503B and 503A Pharmacies** [0:00]
    2. **FDA Inspections and 483 Letters** [4:16]
    3. **Vetting 503B Pharmacies** [11:17]
    4. **Risks and Recommendations** [13:14]
    5. **Conclusion and Resources** [13:28]



    **Links mentioned in this episode:**

    ProRx 
    FDA Letter - it's atrocious... 
    (https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/prorx-llc-696742-12202024)  

    Medivant 

    FDA Letter 2022 - awful and very similar to ProRx (https://www.fda.gov/media/163521/download?fbclid=IwY2xjawIIochleHRuA2FlbQIxMAABHdvrPVsxdboN8lfH4PBOdnLrAgeVDUkPnlIGO1-FMlxLsglqYbPuUIn77w_aem_lf6-woZuSn-XuHsSAwU18w) 

    FDA Letter 2024 483 - they obviously haven't learned to improve (https://www.fda.gov/media/184179/download) 

    Websites Mentioned:

    https://diversifyrx.com/503b-playbook-for-pharmacy-owners/
    https://diversifyrx.com/weekly-awesomeness-newsletter/
    https://www.drlisafaast.com/

    -----

    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    16 min
  • How Pharmacies Can Cut Credit Card Fees and Stay PBM Compliant | Becoming A Pharmacy Badass

    **Dr. Lisa Faast, owner of DiversifyRx and the Pharmacy Profit Summit, shares smart strategies to help pharmacies manage credit card fees while staying compliant with PBM rules. She explains three payment methods**


    **Show Notes:**
    1. **Credit Card Fee Methodologies and Compliance** [0:00]
    2. **Challenges and Solutions for Credit Card Fees** [7:26]
    3. **High-Risk Status and Additional Fees** [7:57]
    4. **Patient Reactions and Compliance** [10:13]
    5. **Final Recommendations and Resources** [11:26]



    **Links mentioned in this episode:**
    https://pharmacyprofitsummit.com/ 

    Websites Mentioned:
    https://diversifyrx.com/weekly-awesomeness-newsletter/ 
    https://www.drlisafaast.com/

    -----
    #### **Becoming a Badass Pharmacy Owner Podcast is a Proud to be Apart of the Pharmacy Podcast Network**

    14 min

About DiversifyRx

From the publisher's feed

Becoming A Pharmacy Badass is a podcast dedicated to helping independent pharmacy owners diversify their revenue streams, optimize operations, and dramatically increase profits. Stop struggling and…