The Business of Pharmacy Podcast™

In this episode, Shabbir Imber Safdar, Executive Director of the Partnership for Safe Medicines, discusses how PBM practices are opening doors to counterfeit drugs. Safdar explains the connection between under-reimbursement for pharmacies and the rise in counterfeit medications, shedding light on the critical need for policy changes to ensure drug safety. https://www.safemedicines.org/ https://www...

Join host Mike Koelzer as he talks with Kevin Houlihan, CEO of Workflow Services, about streamlining clinical workflows in pharmacies. Discover how Workflow Services is enhancing efficiency, reducing complexity, and enabling pharmacists to deliver better patient care through innovative technology solutions. https://www.workflowservices.com/ https://www.bizofpharmpod.com/ Sponsored by https://www.w...

In this episode, Antonio Ciaccia, CEO of 46Brooklyn Research and President of 3 Axis Advisors, discusses the urgent need for PBMs to be transparent about their pricing practices. Join us as we delve into the complexities of drug pricing and the importance of accountability in the pharmacy industry. https://www.46brooklyn.com/ https://www.bizofpharmpod.com/ https://www.parcelhealth.co/

In this episode, Mike Koelzer interviews Irina Pelphrey, Group VP of Health at Albertsons, discussing the integration of pharmacy, nutrition, and digital wellness to enhance patient care. They explore innovative strategies, digital tools, and collaborative efforts transforming health outcomes. https://www.albertsonscompanies.com/ https://www.bizofpharmpod.com/ Sponsored by https://www.matchrx.com/

In this episode, Harini Bupathi and Lucas Morgan from Friar Levitt discuss defending against PBMs and litigating pharmacy disputes. They provide expert insights into legal strategies that help independent pharmacies navigate the complex landscape of pharmacy benefit managers and other legal challenges in the pharmacy sector. https://www.frierlevitt.com/ https://www.bizofpharmpod.com/ https://www.p...

Explore the intersection of AI and ePrescribing with insights on combating counterfeit prescriptions. Discover cutting-edge technologies designed to enhance security, streamline pharmacy operations, and safeguard the prescribing process. Learn how advanced AI tools are revolutionizing the identification and prevention of counterfeit activities in the healthcare industry. https://drfirst.com/ https...

Business Insights into Personal Health Data: In this episode, we discuss how individuals can monetize their health information and the broader impact on the healthcare industry. Gain insights on navigating this lucrative but complex field. https://yourgeno.me/ https://bizofpharmpod.com/ Sponsored by https://www.waypointus.com/

Join us as Dr. Chirag 'Chi' Patel, a pharmacist and dynamic entrepreneur from Charlotte, North Carolina, shares his journey from running a pharmacy to exploring various business opportunities. In this episode, Chi discusses the challenges and successes of diversifying business interests beyond the traditional pharmacy, including ventures in med spas and the food industry, and provides insi...

In this episode, we delve deep into the mental health challenges faced by pharmacists. We discuss systemic issues, the impact of workplace stress, and the importance of advocacy in promoting mental well-being. Join us as we explore strategies to support our pharmacists and enhance their professional lives. https://www.linkedin.com/in/helen-sairany/ Sponsored by https://www.parcelhealth.co/ https:/...

In this episode, Mike Koelzer talks with Tim Ulbrich, PharmD of Your Financial Pharmacist about blending business acumen with life's financial stages. They delve into strategies for personal growth, navigating career transitions, and planning for retirement, offering listeners insights on balancing professional aspirations with personal financial health. https://yourfinancialpharmacist.com/ Sponso...

In a compelling discussion, Mike Koelzer and Greg Reybold, VP at American Pharmacy Cooperative, delve into the shifting battle against PBMs from state to federal levels. Greg highlights the urgent need for PBM reform, the challenges at the federal level, and strategies for protecting pharmacies and patient care against detrimental PBM policies. https://www.apcinet.com/ Sponsored by https://www.par...

In this engaging episode, Mike Koelzer delves into the transformative world of prescription management with Otto Sipe, co-founder and CEO of Photon Health. Operating out of Brooklyn, New York, Photon Health is pioneering a modern approach to prescription delivery, streamlining the process through technology that allows prescriptions to be sent directly to patients via text. Otto shares insights in...

In this episode, we're joined by Michael Hogue, CEO and EVP of the American Pharmacists Association. With passion for pharmacy and a mission to address the profession's challenges, Michael shares insights into the current landscape, from battling for pharmacists' rights in Washington D.C. to fostering hope within the community. Discussing topics from PBM complexities to advocating for...

Sponsored by Parcel Health: In this episode of The Business of Pharmacy Podcast™, host Mike Koelzer welcomes Sumeet Singh, founder and CEO of Lighthouse AI, to discuss the revolutionary approach his company is taking towards automating pharmacy compliance. Singh delves into how Lighthouse AI leverages artificial intelligence to simplify the complex and ever-changing landscape of pharmacy regulatio...

In this enlightening episode, we dive into the world of pharmacy beyond the counters and shelves with the creators of the compelling documentary "Harmacy." Dr. Anaïs (Webster) Mennuti and Dr. Kristin Speer join host Mike Koelzer to shed light on their journey, challenges, and the transformative shift in their project's direction. Sponsor: https://www.parcelhealth.co/ https://www.harmacyfilm.com Gu...

In an industry where wholesalers often undermine pharmacies, Brett Louderback, a dedicated pharmacist and first-time store owner in Nebraska, opens up about his path to pharmacy ownership and the creation of his consulting group. This episode delves into the pivotal insights from a car dealer that significantly shaped Brett's business strategy in the pharmacy sector: "You don't make m...

Sponsored by MatchRx: Fady Boctor, President and Chief Commercial Officer of Petros Pharmaceuticals, discusses the emergence of the self-care marketplace, particularly the prescription to over-the-counter switches in healthcare products. He introduces Petros' key product, a prescription erectile dysfunction medication that they aim to make available over-the-counter. Companies aiming to switch...

Sponsored by Parcel Health: In this discussion, Alex Natskovich, CEO and Founder of MEV, explores how his company builds complex software systems for life sciences and the pharmacy space. He identifies the ability of technology to solve business problems by integrating different systems to improve efficiency and client engagement. Natskovich highlights how AI is making strides in businesses includ...

In this insightful episode, Ankit Jain, co-founder and CEO of Infinitus Systems, discusses the transformative impact of AI on B2B healthcare conversations. He delves into the challenges in healthcare communication, the evolution of AI technologies, and how automation can enhance efficiency and patient care. https://www.infinitus.ai/ 00:12 - Introduction to Ankit Jain and Infinitus Systems 01:47 -...

In this eprisode of The Business of Pharmacy Podcast, sponsored by MatchRx, Mike Rizo, CEO of PharmaCare Services, discusses the contrasts and similarities in pharmacy practices between the United States and Latin America. He delves into various aspects of the pharmacy sector, including the role of pharmacy benefit managers (PBMs), challenges in medication management, and the impact of technology....

In this insightful episode of The Business of Pharmacy Podcast, we sit down with Alex Evans, a pharmacist turned medical writer, to explore the dynamic world of medical writing in the age of Artificial Intelligence. Evans shares his journey from pharmacy to medical writing and dives deep into how AI tools are reshaping the landscape of medical communications. This week's episode is brought to...

The New Face of Pharma: Unveiling the Small Pharma Model and a Unique Franchise System Barry Patel, CEO and co-founder of Galt Companies, joined us for an engaging conversation about entrepreneurship in the pharmaceutical market. Patel discussed how Galt Companies, which includes Galt Pharmaceuticals and Galt Franchise Systems, is altering the conventional Big Pharma model by enhancing smaller pha...

Host: Mike Koelzer Guest: Lauren Castle, PharmD, Founder of Functional Medicine Pharmacists Alliance (FMPhA.org) Episode Overview: In this episode, Mike Koelzer hosts Lauren Castle, who shares her inspiring journey of founding the Functional Medicine Pharmacists Alliance. The conversation delves into the challenges and triumphs of creating a new path in the pharmacy field, especially in the emergi...

This episode is brought to you by MatchRX. In this episode, I chat with Russ Hawkins of Agilence about how pharmacies can leverage data analytics for effective loss prevention. Agilence's Role: Highlighting how Agilence's data solutions assist pharmacies in decision-making and operational efficiency. Loss Prevention Challenges: Discussing the various forms of losses in pharmacies, from the...

In this episode, I'm joined by Dr. Eugene Chan, a leading figure at the intersection of healthcare and technology. We delve into the profound impacts of artificial intelligence and technological advancements on patient care and the pharmacy sector. Dr. Chan's insights shed light on the future of healthcare, emphasizing the critical role of innovation in driving patient outcomes and revolut...