Pharmacy Ownership Academy Education LIVE Webinar Series

This monthly live webinar series for pharmacy owners and future owners covers a wide range of business-focused topics. Join us the second Wednesday of every month for a live, one-hour webinar to discover new ideas and ways to succeed in pharmacy ownership. (Each webinar provides 1.0 contact hours (0.1 CEUs) of CE credit.)

Upcoming Webinar Topics:

September 14, 2 p.m. ET: Innovation for Pharmacy Growth
ACPE # 0207-0000-16-028-L04-P
ACPE # 0207-0000-16-028-L04-T
Activity Type: Application-based
1.0 contact hours (0.1 CEUs)
Release date: September 14, 2016
Expiration date: September 14, 2019

Challenges to the independent pharmacy community are fast and furious. Many pharmacy owners are forced to “think outside the box” into the trends and options available to independent pharmacies that can lead to change and growth. Join Live Oak Bank’s General Manager of Pharmacy Lending, Jimmy Neil, as he discusses ideas for innovation and growth, and describes available funding for some non-traditional uses of proceeds.

Pharmacist and Pharmacy Technician Learning Objectives:

  1. Discuss at least 4 ways to innovate for pharmacy growth.

  2. Illustrate ways independents can combat bottom line pressures with services.

  3. Outline best practices for financing for the non-traditional use of proceeds.

Speaker: Jimmy Neil, General Manager, Pharmacy Lending, Live Oak Bank, Wilmington, North Carolina


Please check back here for dates, descriptions, and registration information for these future webinars.

October: There will be no webinar in October due to the NCPA Annual Convention. Please check back for November's topic.


Previous Webinars:

February 10, 2 p.m. ET: Tax Planning Issues for Community Pharmacy Owners

This webinar covered important tips to talk to your CPA about this year's taxes and future planning, taking your business from today into the future as you prepare to transition your business to the next generation pharmacy owner.

Tax Planning Issues for Community Pharmacy Owners

Ollin B. Sykes, CPA, CITP, CMA

March 9, 2 p.m. ET: Pharmacy Valuation

Every buyer needs to determine the pharmacy's true worth in the marketplace to decide what you are willing to pay for it. There are several common valuation methods that provide an approximation of value. Some of the most commonly used models rely on actual numbers from a financial statement or tax return. During this March webinar, get an in-depth look at factors that may have an impact on the value of the pharmacy you are looking to purchase.


Pharmacy Valuation

Lisa Schwartz, Pharm.D., NCPA

April 13, 2 p.m. ET : Financing the Dream—Buying or Expansion in Community Pharmacy

New opportunities are rapidly developing for community pharmacy, and the time is right to take the plunge and become the owner of your own pharmacy. If you are already an owner, new opportunities often mean expansion to meet the market head on and grow. This program examined facts about applying for a loan and brought participants up-to-date on the trends that lenders are seeing in pharmacy buyout and expansion.

Financing the Dream - Buying or Expansion in Community Pharmacy

Bob Graul, First Financial Bank

View Presentation

May 11, 2 p.m. ET: How to Build Value for Your Retirement and Protect Your Legacy for the Future

In this presentation, experts in planning and investment explained the basic tools for designing an estate plan including wills, powers of attorney, health care directives and living trusts. The program also examined titling of assets, beneficiary structure, buy-sell arrangements, gifting and income shifting strategies, grantor trusts, and charitable giving strategies, all of which are specifically useful for owners of closely-held businesses.

How to Build Value for Your Retirement and Protect Your Legacy for the Future
Lawrence C. Barrett, CLU, ChFC, Independent Pharmacy Consulting Group, LLC, Cleveland, Ohio; Thomas H Craft, CPA, PFS, AEP, Independent Pharmacy Consulting Group, LLC, Cleveland, Ohio

View Presentation

June 8, 2 p.m. ET: Community Pharmacy in Transitions of Care
Due to technical difficulties the first few minutes of Josh Aker’s presentation did not get recorded.

This program examined transitions of care, one of the hottest topics across health care as hospitals face mounting penalties from CMS based on readmission rates and health systems transition into new payment models focused on reducing high-cost care and improving overall patient outcomes.

Community Pharmacy in Transitions of Care
Kevin C. Day, PharmD, Executive Resident, NCPA, Alexandria, Va., and Josh Akers, PharmD, Kelley-Ross Pharmacy Group, Seattle, Wash.


July 13, 2 p.m. ET: Using Technology to Enhance Your Opportunities in Expanded Pharmacy Services

This session examined how to make the most of key technologies that help you respond to the challenges to successful integration with other health care providers and important considerations when looking into new technology options.

Speaker: Bri Morris, PharmD, Associate Director, Strategic Initiatives, NCPA, Alexandria, Va.; Ashley Branham, PharmD, Director of Clinical Services, Moose Pharmacy, Concord, N.C.


August 10, 2 p.m. ET: Genetic Testing: Coming to a Pharmacy Near You
ACPE # 0207-0000-16-027-L04-P
ACPE # 0207-0000-16-027-L04-T
Activity Type: Application-based
1.0 contact hours (0.1 CEUs)
Release date: August 10, 2016
Expiration date: August 10, 2019

Pharmacogenetics (PGx) is fundamentally changing medication management while presenting a unique opportunity for pharmacists to be viewed as innovators in the community. With PGx testing, pharmacists can now provide medication advice based on a patient’s individual genetic profile—advice that is specific to that patient. As the medication experts, pharmacists are poised to play a crucial role in the pharmacogenetic revolution.

Pharmacist and Pharmacy Technician Learning Objectives:

  1. Discuss specific medications whose effectiveness can be altered by genetics.

  2. Relate how pharmacogenetics can be used to select the best drug and dose for a patient.

  3. Discuss the potential use of genetic testing in pharmacies to optimize patient response to medications.

  4. Discuss the options available to pharmacy owners who wish to provide PGx testing.

Speaker: Nick Newman, PharmD, Uptown Pharmacy, Westerville, Ohio