THE Pharmacy Guild has released
a Pharmacy Financial Health tool
to help pharmacists calculate
key values for pharmacy and
benchmark them against the rest
of the industry to see if results are
above or below average.
The tool includes benchmarks
above 85% for generic substitution
rates (‘Excellent’), below 28% for
wages as a percentage of gross
profit and above $6.50 for net
income per prescription.
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THE role and significance of community pharmacy in regional areas was a key focus of discussion for the Nationals leader David Littleproud during last week’s visit to Orana Mall Pharmacy as part of a regional tour.
MEDICATION management platform MedAdvisor Limited (MDR) showed strong financial performance for the quarter concluded on 31 Mar 2024, with operating revenue up 42% to $24.2 million from $17 million for the same period last year.
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