The U.S. pharmacy market continues to grow, according to Fortune Business Insights, and is expected to reach an overall market size of $862 billion by 2028, anticipated growth of 55.8% from 2020. New pharmacies are opening, and others are looking to expand in order to...
Those of us in the pharmacy industry understand all too well the impact of economic pressures on pharmacy profitability. It’s important to understand the economic and demographic factors outside of our control, because only then can we look at other ways to mitigate...
Economic pressures continue to challenge profitability in pharmacies today, even as the demand for prescriptions and pharmacy services continues to increase. According to Wolters Kluwer, “while age, gender, and location are driving decentralization to different...
Nearly 25 years ago, the United States Drug Enforcement Agency (DEA) proposed amending its regulations to provide for the use of central fill pharmacies. These changes were proposed in 2001 in response to a multitude of significant shifts in the pharmacy industry: ...
When considering benefits of a centralized pharmacy fulfillment solution, speed is often one of the first factors that a customer asks about. Meeting prescription promise times is crucial for pharmacies and could be one of the reasons an organization is looking into a...
Most of us have probably been told at one time or another to view challenges not as problems or obstacles, but as opportunities. In today’s world, the healthcare industry is ripe with challenges just waiting to be transformed into opportunities. At iA, we view...
