Monday, May 30, 2022

Here's A New Acronym That Could Improve Your Profits

 A few years ago, I attended a pharmacy CE session that impressed me.  The featured speaker was not a pharmacist nor did he speak about pharmacy. 

He owned a small chain of hair salons and he espoused a customer service technique called, F.O.R.D. I think the idea he shared was ingenious and feel to share it here. Indeed, I’d like to see some pharmacy management system company find a way to build the capability of using it into their software. 

As you’d expect his business management system kept track of appointments, the salon’s pricing schedule and calculated the commissions to be paid to each stylist. But in his business, the speaker said, relationships where paramount, so he’d added the ability for the system to house other information that helped his staff build relationship. 

Here’s what they put in, under the acronym of F.O.R.D.:

1.     Family: names of spouse, children, pets, etc.

2.     Occupation: What kind of work do they do, what company, how long there, etc. 

3.     Recreation: How do they like to spend their free time; skiing, bingo, reading, etc.

4.     Dreams: What do they wish they could do; have kids, travel, get married, etc.

So, here’s an example; the receptionist gets a call from Mary Jones asking, “When is the soonest you can get me in to see Wanda?” The receptionist says, “Let me check,” and then while checking casually asks Mary Jones, “What’s up, why the rush?” Mary explains her mother passed and she needs to leave in two days for the funeral. The receptionist tells her there are two times available tomorrow. Mary Jones selects one and the receptionist books the appointment. But that is not all, she also adds a note in the customer relationship module under, the family tab. 

When Mary Jones comes in, Wanda has reviewed the note, expresses her condolences and chats about Mary Jones’ mother.  A relationship is strengthened because the system captured and shared the information. 

Now another example; Sally Smith comes in on her regular visit and while chatting mentions she is up for a promotion.  Wanda makes a note under the occupation tab. When Mary comes in eight weeks later, she asks for an update on the promotion and offers congratulations or condolences.

Whenever a new person comes in the stylist is trained to ask how the new person heard about the salon. The reply is entered into the system for management review. But if the new person indicates a current customer suggested the salon the stylist adds that into the customer relationship management module for the referring customer.  The next time the person who referred a friend comes in the stylist thanks the person and is authorized to provide the customer with a small gift, a bottle of shampoo, or other item the salon features.   


You get the idea, get, capture and appropriately use all the information you can on your patients. People rarely leave their stylist because a new salon opened down the street. When it come to independent community pharmacy your very much like the hair salon, personal relationships are the backbone of pharmacy. Always remember, pharmacy is a people business.  

Sunday, May 22, 2022

You Can Learn A Lot Just By Listening

As "The Road Trip Guy", I have long been a fan of  Yogi Berra, the  baseball Hall of Fame player and erstwhile philosopher.  One thing he is reported to have said is, “You can observe a lot just by watching.”  Borrowing from that statement I’d like to suggest that pharmacy owners can learn a lot just by listening.  

While listening to employees and customers is always wise, I am not talking about that.  Rather, I am suggesting you listen and learn from successful pharmacy owners.  And helping you listen to some of the best is the mission of my popular podcast show, PharmacyCrossRoads.  

The program calls for me to spend about 30 minutes interviewing a successful owner who explains how programs, products or services they use help them be more successful.  And, I am happy to report there are still plenty of successful owners we can all learn from. 

The beauty of an audio podcast is you can listen during your commute, while working on spreadsheets or even while mowing the lawn.  True, video presentation can be great.  But there are clear advantages to audio. 

PharmacyCrossRoads is a member of, The Pharmacy Podcast Network (PPN).  PPN hosts more than 40 pharmacy related programs and posts them on Spotify, Apple/iTunes, Google Podcasts and more.  No matter what device you use you can subscribe and listen to PharmacyCrossRoads when and where you choose.     http://www.PharmacyCrossRoads.com 

I hope our paths cross on one of my podcasts soon and that as you listen you'll pick up tips that will help you do more and be better.  

Thursday, May 12, 2022

Have You Heard of Justin Jones-Fosu?

I have.  I listened to him speak at a conference recently.  He did a great job. So much so I feel to share some concepts he discussed. And, to be clear, the picture you see here is not him.  It is just a shot designed to capture your attention.  

Jones-Fosu spoke at the NCPDP Annual Technology and Business Conference.  As you know, NCPDP stands for the National Council for Prescription Drug Programs.  What you may not know is NCPDP does more than provide you with that magic number you use to bill third-party payers.  They set the standards that allow your pharmacy systems so share information with other systems.  

But I digress, let’s get back to Jones-Fosu.  His remarks focused on getting people to be better workers by helping them find satisfaction in what they do.       

One counter-intuitive thing he said was, “Don’t look for your work to bring meaning to your life; rather, bring meaning to your work.”   The statement reminded me of President John Kennedy’s inaugural address, “Ask not what your country can do for you – ask what you can do for your country.”

While this notion may not immediately provide you with dozens of energized and committed employees it is, he maintains, one of the secrets to your success as a person, as an employee and an employer.   Jones-Fosu is on a mission to help people, no matter how menial their jobs, realize everyone’s job has meaning. He maintains, if you can find meaning in your job, you can help others find it in theirs. 

He shared the story of walking through a busy airport after a long business trip.  He was tired and grumpy.  Then he noticed a maintenance worker smiling and whistling as he pushed a trash cart down a hallway sweeping the floor.  He decided the time had come to remember all the big ideas he’d shared during his recent speech and thanked the janitor for what he was doing. 

The maintenance worker responded with a thank you.  Jones-Fosu asked him if he’d mind chatting for a few minutes while he recorded the conversation on his cell phone.  The short video clip showed a a smiling maintenance worker who was obviously flattered by the attention.  The question was asked, "how do you stay so happy doing this kind of work?  The response, “I know my job is not glamourous but what I do matters to people like you.” 

He showed a second clip.  This one featured a cafeteria worker cleaning tables in a busy corporate lunch room.  She said that despite the fact most people might feel what she did was insignificant, she disagreed.  She said she came to work each day, not only for the money, but because what she did helped other people, even it was only her co-worker who would need to pick up the slack if she was not there.   

As you deal with employee turn-over or the challenges of getting people to do their jobs well, it might help to explain the tasks involved in a specific job from a different perspective.  Your pharmacy does more than take pills from big bottles and put them in little ones.  Your pharmacy helps people live healthier, happier lives.  In short, like the janitor, you help people. That’s why you need people working with you who understand the importance of their job. 

Here's hoping something said here help you do more and be better.  Because, what you do matters!


Tuesday, May 10, 2022

You Can Learn A Lot Just By Listening

 

Yogi Berra, the late great baseball Hall of Fame player is reported to have said, “You can observe a lot just by watching.”  Borrowing from that statement I’d like to suggest pharmacy owners can learn a lot just by listening.  

While listening to employees and customers is always wise, I am not talking about that.  Rather, I am suggesting you listen and learn from successful pharmacy owners.  And helping you listen to some of the best is the mission of my popular podcast show, PharmacyCrossRoads.  

The program typically calls for me to spend 30 minutes or so interviewing a successful owner who is generous enough with his or her time to chat about programs, products or service they use that help them be successful.  And, the good news is there are plenty of successful owners out there for me to keep busy doing shows for quite some time.  

The beauty of an audio podcast is you can listen during your commute, while working on spreadsheets  or even while mowing the lawn.  True, video presentation can be great.  Being able to see the things being talked about is terrific.  But there are clear advantages to audio.  You can take it with you no matter where you go. 

PharmacyCrossRoads is hosted by the pharmacy industries most popular podcast platform, The Pharmacy Podcast Network (PPN).  PPN, www.pharmacypodcast.com is the home of more than 40 pharmacy related podcast programs and they post all their programs on Spotify, Apple/iTunes, Google Podcasts and more.  So no matter what device you use you can subscribe and listen to PharmacyCrossRoads when and where you choose.    

Check it out at: http://www.PharmacyCrossRoads.com 

Here's hoping my podcast will help you do more and be better.  

Thursday, May 5, 2022

A Few Things I Learned This Week....

 I  spent a day at the 2022 Annual Technology and Business Conference of the National Council on Prescription Drug programs, better known as NCPDP.  It provides every pharmacy with the specific identifying number used to bill for third party reimbursement; but it does a whole lot more. 

One of the “other” things is hosting a technology conference that attracts a diverse group of companies interested in helping pharmacies operate more efficiently; and, NCPDP advocates for pharmacists to be allowed to provide more clinical services. 

Dr. Jerome Adams, the former U.S. Surgeon General, delivered an informative and uplifting Key Note address.  Adams framed his comments with the statement that the United States does not need to spend “one dime more on health care.”  Instead, as he explained over the next 30+ minutes, we simply need to rethink and rearrange how we spend our healthcare dollars. 

One notable example is, he says, for some mysterious reason both the government and private insurers have decided not to cover things “above the neck.”  They don’t’ pay for dental work, hearing aids, eye glasses or, mental health conditions.  As for mental health Adams points out how more money spent on helping people deal with mental health and related social skills would save the nation billions of dollars on the cost of imprisonment.   This is especially true if one factors in the cost to society of the loss of human potential and the money spent to replace property losses due to crime. 

One topic mentioned in several presentations, and included in Adams’ remarks, is the costs to the health care system of social determinants of health.  The inability of the underprivileged to gain access to early detection and poor nutritional is a major cause of obesity.  And, as we all know, obesity drives a variety of chronic health conditions.  Adams argues focusing more attention on these issues now would save our society billions of dollars.   

NCPDP is dedicated to helping payers and regulators understand that by empowering – and paying – pharmacists to provide new, more and better healthcare services that we can improve the health of more Americans.  And,  as Adams says, it won’t cost us one dime more. 

If you own or manage a pharmacy I challenge you to reach out to your elected representatives, insurance commissioners and other policy makers and employers in your area.  Let them know that by taking fuller advantage of the resources your pharmacy provides your community can save money and enjoy better health.