48. New Ownership Best Practices and Legacy Landmines
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
11M ago
The current economic environment is highly volatile and uncertain. On this month’s Good Neighbor Pharmacy Connect, industry broker and buy/sell czar, Scott Welle, shares that the value of your store is measured in more ways than just financial calculations and EBITA projections. Buying or selling a pharmacy can be a harrowing experience, and even in a bull market, the difference between failure and success often lies outside of the sales contract. Join your host, Justin Baker, as he unveils some insider trade secrets and tips and explores what they DON’T tell you during the negotiation ..read more
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47. How to Have Difficult Conversations: Mental Health & Independent Phcy
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
1y ago
We are fortunate to be living in a time where mental health is at the forefront of healthcare conversations. Today’s countertop chat takes a look at mental health as an exciting through a wider lens. Our guest, Lara Zakaria, PharmD., founder of Foodie Farmacist, dives deep into why your customers prefer to confide in their independent pharmacist when it comes to issues surrounding mental health, and shares practical advice on introducing why it is important to create a space conducive to patients speaking about mental health. Dr. Zakaria is motivational, empowering, and discusses the importanc ..read more
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46. 1,073 Reasons for Independents to Implement an Immunization Strategy
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
1y ago
We don’t cover ALL 1,073, but guest Gold Eneyo, PharmD., Director of Clinical Services for AmerisourceBergen shares quite a few, and builds a compelling case for immunizations as “the gateway to patient care.” In our most lively and passionate episode to date, Gold and Justin share their vision of the future of our industry, and how the timing couldn’t be more in our favor. 88.9% of Americans live within 5 miles of an independent pharmacy and almost a third of Americans view their independent as the front line in healthcare. Your current patients want to purchase more medical services from you ..read more
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44. Meeting Patients Where They Are
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
1y ago
The beauty of independent pharmacy is that each store is as unique as the communities and patients they serve. Adding a new twist to this episode is guest Kelley De La Fuente. Like your host, Justin Baker, Kelley is also a Business Coach. With Kelley consulting pharmacies in urban Los Angeles and Justin in rural Texas, they see the same struggles, but through two very different lenses. As different as their pharmacy environments are, one universal expansion strategy they see is right outside the pharmacy front door – becoming a holistic “one stop shop” for formerly unidentified populations in ..read more
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43. Pharmacy Deserts: What They Are and Why They May be a Larger Issue Than You Think
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
1y ago
Turn up the volume for this eye-opening episode as Justin Baker meets with Ronna Hauser, SVP of Policy and Pharmacy Affairs for the NCPA. Ronna shares that through her joint research efforts with USC, they have not only uncovered that a quarter of the US population reside in a pharmacy shortage area, but also confirmed that over 30% of census tracts are completely reliant on their independent pharmacy to avoid becoming a pharmacy shortage area. Their analysis demonstrates that this research can affect all of us, through shifts in pharmacy access standards, legislative and policy making recomme ..read more
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42: Biosimilars; What, How, When?
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
1y ago
Please join your host, Justin Baker, as he learns from industry experts, Connor Nell and Brian Biehn, why biosimilars are becoming such an eye-opening opportunity, and why independents need to take a hard look at them. In addition to being an alternative to expensive brand name drugs, the breadth of biosimilars is growing exponentially, and gaining acceptance with physicians, pharmacists and patients.  This countertop chat dives deeply into increasing access, understanding their benefits, and gaining confidence in these emerging therapies ..read more
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Point of Care Testing; We’re Only Getting Started!
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
1y ago
With her cutting-edge approach to Point of Care Testing and clinical services, store owner Chichi Ilonzo Momah has been stirring up a lot of dust.  Justin was lucky enough to sit her down for a few minutes to discuss what the hubbub was all about. Chichi openly shares what her barriers were in getting started, how she rolled up her sleeves, and more importantly, how she got her staff involved. We also learned that POCT isn’t her end game, it’s just the beginning ..read more
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Med D and Open Enrollment; Throw out the Rulebook!!
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
1y ago
Med D populations represent between 30-40% of the independent community pharmacist’s patient population.  Historically, we’ve always used October as a defensive strategy to retain current patients, and help them navigate and find the best plans.  Industry expert Michelle Elliott joins Justin Baker to add a new twist to the conversation. Michelle proposes that we leverage this opportunity to position ourselves as a healthcare destination for NEW patients. Profitable patients with expectations of point-of-care testing, chronic disease monitoring, and test to treat options that fill car ..read more
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Back to the Front End; You Are a Million Dollar Business. Now Act Like It!
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
2y ago
This week’s countertop chat welcomes industry guru Andy Clarey, who shares his insights on capitalizing on pharmacy’s post-Covid evolution, and how our stores’ front end needs to reflect it.  Justin and Andy cover a broad swath of topics ranging from physical transformations to expanded offerings to pricing, perceptions and promotion. As we develop new niches and begin embrace service as our new normal, the faster we can begin enjoying that non-PBM high margin revenue.  You are a healthcare destination now, start acting like one! Additional Resources: wearegnp.com/covid19 OurIndepend ..read more
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Pet Meds; You are Barking Up the RIGHT Tree!
Good Neighbor Pharmacy Connect Podcast
by GNP Connect
2y ago
This month’s countertop chat with host Justin Baker will feature special guest, MWI Animal Health’s Pet Whisperer Alison Hodgson, as they “paw-nder” a new non-PBM revenue generating revenue opportunity that is near and dear to all of us.  Being a growing $3B retail and $19B pet OTC market, studies have shown that pet owners want to purchase pet products for their fur babies from someone they can trust, putting this “paw-some” “opp-purr-tunity” for independent pharmacies at the top of that list.  This booming new market segment is positioned “purr-fectly” for independents, as these an ..read more
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