Independent Pharmacies Expand and "Right-Size" by Saving Steps, Earning New Income

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Executive Summary

When two partners built a chain of four pharmacies near Kansas City, Missouri, time demands rose as fast as square footage. The largest store offered 10,000 SKUs to 900 customers a day. But every pharmacy's albatross - accurately invoicing insurance companies and reconciling piecemeal payments - took up to 20 hours of staff time per store each month. Then nursing homes and customers had to be invoiced for the remainders. To tame the paperwork, partners selected Microsoft Dynamics Retail Management System, Nova Libra Pharmacy POS, and Speed Script's Pharmacy Management System. Task times shrunk, billing accuracy hit nearly 100 percent, and customers praised faster lines. But an unexpected bonus appeared.

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