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Pro Bono Pharmacy Services Create a Social Dividend
Pharmacists have always embraced a culture where service provision for health problems have been provided free of charge to local communities, while the physical product that resulted as a solution to those health problems attracted a monetary value. In contrast, GP’s charged for their services (consultations) and basically avoided selling products. Given that pharmacists and…
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Scotland’s Pharmacist Practitioner Champions
Perhaps it is because of my Scottish heritage, but I am continually dawn to the Scottish business model for community pharmacy, funded and developed in a genuine partnership between community pharmacists and government. One of its lesser publicised components is the funding of “Practitioner Champions”. It’s not a lot of money (£300,000 funding for this year),…
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Pharmacy Disruptors – Amazon, Artificial Intelligence & Holographic Health Practitioners
Disruption, as we all know, is an inevitability that is to be feared. If that fear can be used to motivate a chain reaction of positivity, then we have everything to gain and nothing to lose. Fear is already building around the knowledge that Amazon will be entering the pharmacy market in Australia and that…
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Blockchain Connects with Gold and Silver
Governments around the globe are starting to withdraw large denomination banknotes. It seems that this form of currency is used by the people who want to hide their income. On the other hand governments are finding that existing (old technology) digital payments are easy to track and can be brought into the taxable domain. India…
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Blockchain – disruptive technology behind “cryptocurrencies” and now set to invade health.
A blockchain is defined as a distributed database that can maintain an ever-expanding list of records (called “blocks”) without the need for a trusted administrator or a central server, instead relying on a peer-to-peer network collectively adhering to a protocol for validating new blocks. Each block contains a time stamp and a link to a…
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Setting up an Open Innovation Program
Let’s face it – community pharmacy is in a knowledge transfer bind. It can no longer function under its own self reliance. It is bogged down because pharmacy leadership has developed hardening of the arteries and finds itself immobile inside each of its traditional infrastructures. The primary cause is twofold: * Information is being collated…
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Marketing Focus – 1. Mixed Messages 2. Fabulous Fads 3. Future Retail Trends – Closing Stores 4. Ageism 5. Amazon – River of Change
1. Mixed messages. That is the essential characteristic of the current marketplace. Depending on the information source, differing perspectives, forecasts and analyses are shared. Little wonder the currency of the term alternative truth. In recent weeks scientists around the world marched in support of truth. Unbelievable. The number of participants was disappointing. Now is the…
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Soil Health Impacts Human Health – A New Perspective to Consider
Are pharmacists fully engaged with the full spectrum of health and an understanding of their patient’s lifestyle? Some information currently appearing in this edition of i2P suggests that Health Literacy ought to be a prime focus for pharmacists to assist their patients in understanding what impacts exist that are involved in health changes that can…
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Value Over Profit ?
When pharmacy comes under financial pressure it always looks for a “quick fix” and it usually takes the form of concentrating resources and focus into various retail channels of activity. Even though pharmacists are criticised for expanding their retail offering and daring to create survival profits, it is a necessary activity to ensure that the…
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The Amazon Supermarket (and Pharmacy) Coming to a Place Near to You
Just before Christmas 2016 i2P alerted pharmacists to a global retailer (Amazon) making plans to enter the Australian market with a massive retail offering (see http://i2p.com.au/how-amazon-will-dominate-global-retail/ ) and ambitions to dominate the entire retail sector. Amazon, of course, is already known in Australia for its online retailing of books While it often seems that some…