Constant change in the pharmaceutical industry means pharmacy staff need to drive key initiatives such as professional services, companion selling and cross-selling retail products with customer’s scripts to ensure their pharmacy adapts to this business environment, a pharmacy expert says.
The present pharmacy environment both in ethical procurement and retail sales has started to go into both an operational and cultural change within the industry.
Many business owners are now starting to see their industry change and see both the inclusion of large format discount models and applied pressure from the Australian Government in relation to both PBS reductions and price disclosure starting to come into effect.
PBS reform will really start to influence the profitability and sustainability of pharmacy business’s in the next 12-18 months as the molecules that are coming of patent will no longer cover the price reductions being seen in the pharmaceutical industry. Contact – Read more…