2022 Stronger - P124 - Capturing All Opportunities: Business Strategies That Drive Pharmacy Growth - On Demand

Navigating the complexities of health care can be difficult and time-consuming for patients, providers and support staff. In an ever-changing pharmacy landscape of staffing shortages, tighter third-party reimbursements and fluctuating patient volumes, the need to provide efficient, yet comprehensive care is critical to remain sustainable. By adopting innovative, yet simple business strategies to increase pharmacy revenues and decrease costs associated with providing care, The University of Toledo Medical Center has successfully positioned the ambulatory pharmacy enterprise within the Toledo market to capture all revenue and cost-savings opportunities.

Target Audience

  • Pharmacists
  • Pharmacy Technicians
  • Other Healthcare Professionals

Learning Objectives

Describe different business strategies utilized to drive pharmacy growth.

Analyze the various types of pharmacy business models and services associated with revenue generation and cost savings.

Evaluate the location of pharmacies and positioning of services within the ambulatory pharmacy enterprise in relation to capturing prescription volumes.

Additional Information

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Course summary
Available credit: 
  • 0.50 ACPE Pharmacist
  • 0.50 ACPE Pharmacy Technician
  • 0.50 General CE - Attendance
Course opens: 
09/14/2022
Course expires: 
09/21/2023

Faculty

Holly Smith, RPh, MBA, Director of Pharmacy, Ambulatory Care, The University of Toledo Medical Center, Toledo, OH

Bree Meinzer, PharmD, BCACP, CACP, Managed Care Pharmacy Manager, The University of Toledo Medical Center, Toledo, OH

 

Disclosure

As an accredited provider of continuing education, Vizient, Inc. is dedicated to ensuring this activity presents learners with only accurate, balanced, scientifically justified recommendations, and is free from promotion, marketing, and commercial bias. In accordance with The Standards for Integrity and Independence in Accredited Continuing Education, all planners, faculty, and others in control of the educational content have disclosed the absence or existence of all financial relationships (of any dollar amount) with ineligible companies within the past 24 months.
 
Ineligible companies – those companies whose primary business is producing, marketing, selling, re-selling, or distributing healthcare products used by or on patients.
 
It is Vizient’s policy that owners and employees of ineligible companies, and any individuals who refuse to disclose the absence or existence of financial relationships with any ineligible companies are disqualified from participating as planners or faculty.
 
FDA Off-Label Use
 
Faculty presenters are also expected to disclose any discussion of (1) off-label or investigational uses of FDA approved commercial products or devices or (2) products or devices not yet approved in the United States.
 
Disclosure Statements
 
Absence of Relevant Financial Relationships
 
None of the planners, faculty, or others in a position to control content for this educational activity have relevant financial relationship(s) to disclose with ineligible companies whose primary business is producing, marketing, selling, re-selling, or distributing healthcare products used by or on patients.

Accreditation Statement

In support of improving patient care, Vizient, Inc. is jointly accredited by the Accreditation Council for Continuing Medical Education (ACCME), the Accreditation Council for Pharmacy Education (ACPE), and the American Nurses Credentialing Center (ANCC) to provide continuing education for the healthcare team.
 
 

Credit Types

Pharmacists (CPE)

Vizient, Inc. designates this enduring material for a maximum of 0.50 contact hours for Pharmacists. 

Universal Activity Number: Insert

Pharmacy Technicians (CPE)

Vizient, Inc. designates this enduring material for a maximum of 0.50 contact hours for pharmacy technicians. 

Universal Activity Number: Insert

Other Healthcare Professionals (General CE Credit)

Vizient, Inc. will award a maximum of 0.50 contact hours to all other healthcare professionals who successfully complete the activity. These individuals will receive a Certificate of Participation indicating the maximum credits available.

Many state licensing boards and credentialing bodies accept certificates of participation from accredited CE activities to meet CE requirements for license renewals and re-certification. It is the responsibility of the participant to contact their state licensing board and/or certifying body for verification on credit eligibility reciprocity.

 

Available Credit

  • 0.50 ACPE Pharmacist
  • 0.50 ACPE Pharmacy Technician
  • 0.50 General CE - Attendance
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