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  1. Member-pharmacy only

    FPP Blog Series: Issue 18: Cashflow Management

    5 October 2017

    As the returns from dispensary continue to fall away and with wages and rent continuing to bite pharmacy owners, many are starting to feel the strain in their profitability and cashflow. A lot of pharmacy owners are feeling pain. Any…

    WA | Blog Post | Training, Business Administration, Innovation

  2. Member-pharmacy only

    FPP Blog Series: Issue 17: Stock Management - the relationship between tenancy and inventory

    28 September 2017

    This is the third and final part of our stock management blog. We have talked previously about stock turnover and how this influences cash flow. We also talked about the large investment in stock and how to maximise the returns.Today…

    WA | Blog Post | Training, Business Administration, Innovation

  3. Member-pharmacy only

    FPP Blog Series: Issue 16: Stock Management - Maximising Your Return

    21 September 2017

    Last week we discussed stock management in regards to the main KPI of Stock Turnover rates. We learned about how this impacts cash flow when our stock turnover rates are too low, but also the problems that are caused when…

    WA | Blog Post | Training, Business Administration, Marketing, Innovation

  4. Member-pharmacy only

    FPP Blog Series: Issue 15: Stock Management - Stock Turnover

    14 September 2017

    One of the tasks consuming the most amount of attention in a pharmacy is stock management. Pharmacies have a large amount of money invested in stock so maximising the return on that investment is critical. There are lots of decisions…

    WA | Blog Post | Training, Business Administration, Innovation

  5. Member-pharmacy only

    FPP Blog Series: Issue 6: What to do if you are struggling?

    13 June 2017

    If your pharmacy is struggling, remember you are surrounded by numerous people and organisations who can support and assist you.

    WA | Blog Post, Guild Alert | Business Administration, Innovation

  6. Member-pharmacy only

    Retallying of high-cost medicine items

    17 May 2017

    Members should be aware that there is a risk of DHS-Medicare payment delay when a script for a high-cost PBS medicine is reprocessed due to an entitlement change on a separate day (e.g. initially processed as a General and then…

    National | Blog Post | Business Administration

  7. Member-pharmacy only

    Rejection of PBS claim for S100 HSD Public Hospital prescriptions

    23 February 2017

    In this case study, the Guild was able to assist the member in minimising the financial impact. However, this process took a lot of work on the member’s part and cooperation from DHS-Medicare and the public hospital involved.

    National | Blog Post | Business Administration

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Page last updated 21 January 2020