Competition in the pharmaceutical industry is high, and pharmacists are looking for new ways to bring in more customers to increase their revenue. In this case, retail pharmacists can learn a great deal from the success of independent pharmacists. Independent pharmacists have been able to successfully compete with big names in the industry by being […]
Biology/medicine/life sciences are becoming more intertwined with technology. This has resulted in new opportunities for healthcare and pharmaceutical industry. Innovations in the fields of precision medicine and artificial intelligence have created new research fields, therapy models, and prevention approaches. It has revolutionized healthcare and continues to change it for the better. Newer devices are replacing […]
The North Dakota Telepharmacy Project has been greatly beneficial for the rural communities of the state. Its success has enabled it to become a model for other states to follow. The project has displayed how Telepharmacy can have a positive impact on people living in rural areas who have little access to pharmacy services. How […]
In the first part of this discussion, we covered how independent pharmacies are contributing to the local economies by maintaining a cash flow within the community, creating jobs and offering generic medication options. Now, we focus our discussion on two other aspects that particularly benefit the community from a public health perspective. First is the […]
Our country has gotten accustomed to supermarkets and retail chains such as Target and Wal-Mart. But when it comes to pharmacies, most of us trust our local pharmacies more. The lack of transparency, especially with respect to costs, makes the retailer chains less trustworthy. Moreover, corporate businesses are often focused on profits rather than delivering […]
The healthcare industry went through some serious quakes with the introduction of ‘Obamacare’ back in 2010. The pharmaceutical industry, however remained largely untouched.
A vast majority of medication errors, such as wrong concentration of the drugs, usage of incorrect diluents, inappropriate drug preparation techniques, are a direct implication of lack of knowledge and standardized practices.