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Podcast: Relentless Health Value
Episode: EP422: Some Indie Pharmacy Upshots That Surprised Meβand I Thought I Was Pretty in the Know, With Benjamin Jolley, PharmD
Description: Episode 422: The Financial Struggles and Unexpected Insights of Independent Pharmacies with Benjamin Jolley In this episode, Stacey Richter interviews Benjamin Jolley, a multi-generational pharmacy leader and consultant, who discusses the financial challenges faced by independent pharmacies. Jolley reveals that a significant portion of a pharmacy's profits comes from a mere 10% of prescriptions. The conversation dives into the detrimental impact of Pharmacy Benefit Managers (PBMs) on pricing and reimbursement, the inefficiencies in the system, and explores potential models like direct pharmacy care to create more sustainable business practices. The discussion also touches on the broader implications...