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Few things disrupt the daily rhythm of a Texas pharmacy quite like a Drug Enforcement Administration (DEA) subpoena at your counter. While this does not always mean that your pharmacy violated the law, the document carries legal weight, and knowing how to respond is...
The American Society of Health-System Pharmacists recently released their forecast predicting major changes that will impact the industry in 2026. One of the major focuses of the report are the possible changes to the 340B Drug Pricing Program. The program, which...
The court has sentenced a Fort Worth pharmacy co-owner to prison and ordered he pay restitution for his involvement in a $60 million kickback scheme. The pharmacy owner worked alongside others to create and market compounded medications. These medications are...
The healthcare marketplace is always changing and one way for business leaders to stay at the forefront is with strategic acquisitions. The right acquisition can fuel growth and expansion. Mark Cuban and his recent pharmaceutical venture Cost Plus Drug Co. recently...
In the meticulously regulated world of healthcare, earning a professional license is akin to holding a key to a sacred trust. It is not merely a permit to practice; it encapsulates years of rigorous study, unwavering commitment, and a steadfast pledge to uphold the...
As you navigate the complex world of pharmacy operations, it is crucial to stay abreast of the regulatory landscape. A failure to do so can come with harsh consequences. In a recent example, Texas authorities accused two pharmacy owners of healthcare fraud. The...
Just a few decades ago, the role of the local pharmacist was basically to fill prescriptions. These medical professionals could discuss the benefits and risks of various medications, potential concerns for interactions with other medications, and, if we were lucky,...
Merger and acquisition (M&A) deals are common within the pharmaceutical industry. Whether pharmacies looking to merge with other pharmacies or labs looking to expand their capabilities, these transactions can help to better ensure progress within the field. But...
Pharmacy owners know that merger and acquisition deals are often the key to success in this competitive marketplace. A good deal can serve any number of goals such as expand your market or provide help in an area that you are lacking (such as online presence). Three...
Amazon, a mega-giant in the retail world, has moved into the healthcare arena. Unfortunately for the organization, not every decision Amazon makes regarding this highly regulated industry is successful. The most recent example is the fact that the organization stepped...