DiversifyRx

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]<br>
Websites Mentioned:https://diversifyrx.com/weekly-awesomeness-newsletter/https://www.drlisafaast.com/
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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]<br>
Websites Mentioned:https://diversifyrx.com/weekly-awesomeness-newsletter/https://www.drlisafaast.com/
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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]<br>
**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/
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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]<br>**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**

How KARE Rx Partners Helps Pharmacy Owners Sell for More Money | Becoming A Pharmacy Badass

**KARE Rx Partners helps you get the best price by creating a network of pharmacies to sell together in 4-5 years, attracting higher bids from investors and private equity!**
**Show Notes:**1. **Introduction to Care RX Partners** [0:00]2. **Understanding Care RX Partners' Model ** [1:12]3. **Operational Efficiencies and Benefits** [3:19]4. **Joining Care RX Partners: Terms and Conditions** [4:33]5. **Advice for Pharmacy Owners in 2025** [6:17]<br>
Fill out the form here:https://sfyx-zgpvh.maillist-manage.net/ua/Optin?od=11287ecb87d220&zx=12c7072f8&tD=1aebbcaa6919c029&sD=1aebbcaa6d6686f4
Watch this Free Webinar – Learn how KARE Rx Partners works: https://vimeo.com/1025811828?share=copy
Essential Guide for Pharmacy Owners - Discover key insights on pharmacy valuation (Ebook): https://diversifyrx.com/whats-your-pharmacy-worth-an-essential-guide-for-independent-pharmacy-owners/
Pharmacy Valuation Worksheet – Calculate your pharmacy’s worth today: https://diversifyrx.com/pharmacy-valuation-worksheet/
Websites Mentioned:https://www.drlisafaast.com/
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A Great Vitamin Option for Statin Patients | Becoming A Pharmacy Badass

**Dr. Lisa Faast discusses the prescription vitamin Xyzbac, a powerful supplement for statin patients. Xyzbac contains CoQ10, a vital nutrient often depleted by statin use.**
**Show Notes:**1. **importance of pharmacists recommending Xyzbac** [0:0]<br>
Websites Mentioned:https://www.drlisafaast.com/
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Shift to Offensive Strategies in 2025: New Molluscum Contagiosum Treatment | Becoming A Pharmacy Badass

**Dr. Lisa Faast explains why 2025 is the year to move from defense to offense in your pharmacy business. She shares actionable strategies to help you recapture growth and profitability in the year ahead.**
**Show Notes:**1. **FDA-approved treatment for molluscum contagiosum in pediatric patients** [0:0]<br>
Order Details:🔹Order from FFF Enterprises (create account HERE: https://sfyx-zgpvh.maillist-manage.net/click/1aebbcaa6da1a714/1aebbcaa6da16ba8)🔹Order NDC: 71349-0070-06 (outer box NDC)🔹Bill NDC: 71349-0070-01 (inner single applicator)🔹Approved for Molluscum Contagiosum
📥 Click the links below to download helpful resources:👉Verrica Ycanth – DiversifyRx Presentation: https://membership.diversifyrx.com/wp-content/uploads/2024/12/Verrica-Ycanth-DiversifyRx-Final-Slides-December-10.pptx👉Ycanth – Cantharidin Marketing Materials:https://membership.diversifyrx.com/resources/ycanth-cantharidin-marketing-materials/
Websites Mentioned:https://www.drlisafaast.com/
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How to Choose the Right Pharmacy Management System | Becoming A Pharmacy Badass

**Dr. Lisa Faast breaks down the essentials of selecting the perfect pharmacy management system (PMS).**
**Show Notes:**1. **benefits of cloud-based PMS systems** [0:0]<br>
Websites Mentioned:https://www.drlisafaast.com/
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