This week’s Quick Tip comes from Shawn Earl, PharmD. Dr. Earl is the founder of Pinnacle Pharmacy Group and specializes in pharmacy mergers and acquisitions.
With community pharmacies strapped for cash now more than ever, we need to be able to get a good deal on pharmacy supplies and equipment. Things like scales, compounding equipment, printers, and more can add up fast, but buying used can help.
I started the Pharmacy Equipment Marketplace several years ago for that exact reason. Check it out if you’re in the market for anything your pharmacy needs.
If you have any equipment you don’t need anymore, you can also sell it on the marketplace and at least get some money back on it. That’s far better than it sitting on your shelf collecting dust!
You can also buy and sell new but no longer needed supplies like gloves, masks, hand sanitizer, and even office supplies like ink cartridges.
I am a pharmacist, community pharmacy consultant, and medical writer with over 12 years of clinical practice experience in community, outpatient health system, long term care, and academic settings. I am also the founder of PharmCompliance.com, a website dedicated to the success of community pharmacy.
As a pharmacy project manager, I led the implementation of new service lines, assist with ensuring legal and third-party compliance for over 70 retail stores, lead quality improvement and medication safety initiatives, write policies, procedures, and best practices for all our retail sites, and help with optimizing revenue cycle and pharmacy profitability. I have been responsible for DMEPOS and vaccine accreditation through CMS, obtaining new licenses and permits, and implementing a prescription drug kiosk embedded in our physician offices.
As a medical writer, my work has been featured in GoodRx, Pharmacy Times, Drug Topics, Patient Care Online, and in peer-reviewed journals. I have also given presentations on a range of topics, from disease state pharmacotherapy for medical residents to updates on the CDC vaccine storage and handling guidelines for a medical-grade refrigerator and freezer manufacturer. I have written and presented continuing education for CEImpact, FreeCE, AchieveCE, Ascension Health, and the Florida Department of Health.