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“Miswanting” –A relevant word for the pharmacy profession
Recently, I stumbled over an unusual word that I have now added to my vocabulary. That word was “miswanting” – a rather poignant word from the world of psychology. It is a word used to describe the human tendency to desire things that make us unhappy, and to shun things that fulfill us. Psychologists have…
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For long-term success, give up these detrimental traits
Success isn’t always about dominating the landscape. Sometimes, to be successful, you have to be prepared to give up some counterproductive behaviors that are holding you back – and you may not even realize you’re guilty. Old habits are hard to break. And if you don’t even realize that you are practicing some of these…
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PBS Co-Pays…Come out Swinging!
When something does not make sense and defies commonsense and logic- then it is political. The decision to enable pharmacists to discount the PBS co-pay by up to $1.00 is one such decision. The logic is that it will create more competition, but the reality is that it will cause erosion to the profit base…
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The Tipping Point for PBS Has Arrived
The tipping point is the point at which a dominant technology or player defines the standard for an industry-resulting in “winner-take-all” economies of scale and scope. It is generally disruptive in nature. The tipping point is the critical point in an evolving situation that leads to a new and irreversible development. The term is said…
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MinuteClinic hits 25 million patient visit milestone
CVS Health’s MinuteClinic has surpassed 25 million patient visits since opening the nation’s first retail clinic in 2000, the company announced on Tuesday. This is the future of Australian pharmacy as well, if pharmacy leaders can get their act into gear. But why wait for that to happen? Surely progressive Australian pharmacy owners can venture…
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Replacing the PBS market for a sustainable Income – home health technology, self care and primary health care
PBS is almost a lost cause. The amount of time that is invested in this product compared to the return on invested capital, is now not viable. This will not improve as health minister, Sussan Ley, has stated she is “not interested in pharmacists’ pay packets, only lower costs for consumers”. A directional change is…
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Communications Device and System for Clinical Pharmacists
When you are involved in clinical work in pharmacy, it is necessary to have a portable platform. This would be represented by an iPad or any Android notepad, even a smartphone. If you wanted something that could easily slip into a coat pocket, then the iPad mini is designed just for you, or you could…
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The Global Trend in Working Environments: Co-working & Retail Clinics
I2P has been researching the concept of a “freelance” clinical pharmacist for some years now. As we are normally about 5-10 years projected in our “over-the-horizon” thinking, it is not surprising that the trend has not yet become fully obvious within the pharmacy profession. Pharmacy culture is only just transitioning from a dispensary presentation to…
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®Easy chain – Sartoretto Verna rethinks pharmacy design
Editor’s Note: Australian community pharmacy design is altering to include more compound dispensing, a variety of clinical spaces and less general retailing. Interview rooms will take away wall space and the display shelving, so new innovations are required. Sartoretto Verna has harnessed this trend in a presentation they call the Easy chain display system that…
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Growth is not about slaying your competitors but about serving your customers
Statistics show that more pharmacies have become insolvent in the past three years than in Australia’s entire pharmaceutical history. Why? Government reforms have transformed the very core of the Australian pharmacy industry. Bank debts have climbed to insurmountable levels. Costs are increasing across the board, from ridiculous rents to high wages. And cannibalising price wars…