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Cardinal Health Announces Three Best Practice Winners for Leading Change in Community Pharmacy
Date:7/25/2014

Vostatek says these additional licenses allow him to tap his deep knowledge of pharmacy and "practice at the top of my license." He can administer all injections and provide comprehensive wellness and illness care to children and adults. In coordination with a physician, he can now also write prescriptions. Result: Mingo Pharmacy built a 1,300-square-foot pharmacy addition, adding four patient suites that provide a broad range of urgent care services. With nursing licenses, Vostatek can be reimbursed as a provider under Medicare rules and get reimbursed for bringing greater healthcare access to his severely underserved community.

Category: Retail Advantage

Winner:  TLC Pharmacy in Mission, Texas. The pharmacy, near the border with Mexico, suffered a sharp downturn in its durable medical equipment (DME) business when Medicare implemented a competitive bidding policy that shifted sales to larger suppliers.  TLC Pharmacy made a remarkable pivot in its retail business, shifting its focus to items that needed a clinician's touch and weren't easily subject to competitive bidding. After an in-depth look at its business – customer demographics, product mix, supplier requirements – TLC Pharmacy settled on five areas in which it had a comparative advantage, says Operations Manager Joe Vargas.  One of its most successful strategies was focusing on fitting therapeutic shoes for diabetic patients, a service and product that demands skill and quality, well-suited to independent pharmacies. TLC Pharmacy also focused on incontinence supplies, reaching out to adult daycare businesses to find new patients. Result: TLC Pharmacy became more profitable, despite losing a big share of its DME business. It maintained its staffing level, focus on quality and role in the community. 

The 2014 Independent Pharmacy Best Practice Guide: Good Medicine: Reta
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SOURCE Cardinal Health
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