The Business of Pharmacy
September 1, 2014
I HAVE taught the ‘Business
of Pharmacy’ for some 18 years
and written courses for UTAS and
UWA, and Pharmacy schools on
this subject. It is therefore with
great excitement that I see that
the Pharmacy Guild has made
this a key focus for the year
ahead.
At the recent WA Pharmacy
Forum, George Tambassis,
president of the Pharmacy Guild
of Australia made it clear that the
‘Business of Pharmacy’ would
be important for any pharmacy
owners looking to combat the
PBS reforms and other pressures
on their bottom line.
Speakers at the conference
covered a diverse range of
subjects including customer/
patient engagement, marketing,
automation, financing and
professional services. It was also
fantastic to see that pharmacists
were buying into this concept
and clearly understood that
this would be one of the keys
to surviving and thriving in the
current market.
At Curtin University, they also
ran a Business of Pharmacy unit
and in the previous year only 15
students chose this unit. This
year, 60 enrolled which showed
that even the young realise
how important this aspect of
pharmacy is moving forward.
So for me, September will be
a celebration of the Business of
Pharmacy and all that it has to
offer.
This week’s
contributor is
Paul Rowe,
Managing
Director - The
Business Squad
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