Description:
This is a continuation of the course, Introduction to Pharmacy Financial Management, and applies the basics covered in the first course to a case study on a new pharmacy manager running a community pharmacy. The case study will go through some revenue challenges the pharmacy is facing and factors to consider when reviewing ways to reduce expenses or increase revenue in a community pharmacy. Topics covered include pharmacy expenses, changing reimbursement, human resources management such as staffing and hiring, and operational efficiencies. The course also discusses a business case for implementing pharmacy services and solutions for more optimal delivery costs.
Learning objectives:
By the end of this course, participants will be able to:
- Understand how to measure financial business success
- Describe how expenses and reimbursement impacts a pharmacy business
- Understand the impact of expanded scope on pharmacy business
- Describe how staffing appropriately can impact your finances
- Understand the impacts of operational efficiency on pharmacy business
Course outline:
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Learning Module
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Program Evaluation
Course at a glance:
Who should take this course:
This course is recommended for pharmacists, registered pharmacy technicians, pharmacy students and pharmacy assistants who want to further their understanding of financial management in community pharmacy. The Introduction to Pharmacy Financial Management course is a recommended prerequisite.
Development Team:
Cancellation Policy:
Please refer to OPA’s Terms and Conditions of Purchase for cancellation policies.