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Retail Pharmacy Decision Support

Retail Pharmacy Decision Support

PHSL will develop strategic responses to marketplace dynamics to enable your organization to capitalize on the industry changes to drive sales and profits. PHSL continually researches industry best practices leading to improved financial results while avoiding costly mistakes. Our strategy is to fully understand your business challenge prior to developing an approach to provide decision support services.

View our case studies relating to retail pharmacy decision support:

Generic Discount Programs – Monitoring and Measuring Uptake and Retention

Integrated Delivery System Retail Pharmacy Assessment

Pharmacy Validates Business and Information Technology Practices

Retail Pharmacy Profitability on 90 Days’ Supply Prescriptions

November 2023 Question of the Month

CVS announced voluntary removal of some phenylephrine products from shelves. How will competing pharmacies react?

Slowly follow phenylephrine removal: 40.0%

No action – wait for FDA decision: 46.7%

Pharmacies will trim low selling inventory: 13.3%

Pharmacies will increase inventory to capture sales: 0%

October 2023 Question of the Month

What is the greatest challenge for prescription digital therapeutics?

Payer coverage: 57%

Provider willingness to prescribe: 14%

Patient acceptance of use: 0%

Distribution outside normal channels: 29%

September 2023 Question of the Month

How will Artificial Intelligence tools impact health care in 2024?

Drastic increase health provider productivity: 0%

Selective use cases and minor positive impact: 66.6%

Negative impact due to errors: 16.7%

No uptake and impact: 16.7%