Pharmacy Edge

Pharmacy Edge
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Pharmacy Edge

Welcome to Pharmacy Edge, the podcast that keeps you on the cutting edge of pharmacy business. Our host Matt Hodgson will cover industry trends, operations, and insights from top experts. Tune in for actionable insights that can elevate your business or career. For more resources and upcoming events, visit Pharmacy Edge, including a conference on optimizing operations and a networking event with industry leaders. Subscribe today to stay ahead of the curve!

  1. 1 DAY AGO

    Navigating Legal Due Diligence in Pharmacy Acquisitions: Insights from Peter Saad

    In this episode of Pharmacy Edge, host Matt Hodgson sits down with legal expert Peter to discuss the intricacies of legal due diligence in the context of acquiring an independent pharmacy. Peter shares his extensive background working with healthcare professionals and dives deep into the critical aspects of financial, regulatory, and lease considerations. He explains the differences between asset and share purchases, the significance of regulatory risk, and the role of lenders in pharmacy deals. Peter also offers practical advice for buyers and sellers, emphasizing the importance of collaboration, open-mindedness, and thorough planning to ensure successful transactions. 00:00 Introduction and Guest Background 00:20 Peter's Journey in Healthcare 01:56 Understanding Legal Due Diligence 02:17 Key Components of Legal Due Diligence 04:15 Regulatory Challenges in Pharmacy Acquisitions 13:25 Importance of Lease Agreements 18:49 Asset vs. Share Purchases 29:06 Success Stories and Tips for Due Diligence 33:03 Conclusion and Final Thoughts Connect with Pharmacy Edge: Website: www.pharmacyedge.com LinkedIn: Pharmacy Edge Facebook: Pharmacy Edge | Twin Falls ID | Facebook Connect with our Host: LinkedIn: Matt Hodgson | LinkedIn Connect with Peter Saad: Website: Loopstra NIxon LLP LinkedIn: Peter Saad | LinkedIn

    34 min

  2. NOV 19

    #15 Proactive Steps for Pharmacy Owners: Navigating Receivership in Healthcare Finance

    In this episode of Pharmacy Edge, host Matt Hodgson is joined by healthcare finance expert Mike McGillivray of Care Lending Group to tackle the complex topic of receivership. Mike shares insights into why pharmacies may struggle with loan payments, such as new competition, staffing issues, and demographic changes. They discuss the importance of early tracking of financial performance and maintaining open communication with lenders. The episode clarifies misconceptions about receivership, explaining it as a tool to maximize business value rather than a harsh takeover. Practical advice is offered for pharmacy owners to proactively manage their finances and engage with lenders to avoid ending up in receivership. 00:00 Introduction to Receivership with Mike McGillivray 01:00 Factors Leading to Receivership 02:20 Early Warning Signs and Bookkeeping 04:25 Understanding Receivership 09:46 Steps Before Receivership 17:05 Proactive Steps for Pharmacy Owners 19:32 Conclusion and Final Thoughts Connect with Pharmacy Edge: Website: www.pharmacyedge.com LinkedIn: Pharmacy Edge Facebook: Pharmacy Edge | Twin Falls ID | Facebook Connect with our Host: LinkedIn: Matt Hodgson | LinkedIn Connect with Mike McGillivray and Care Lending Group: LinkedIn: @MikeMcGillivray Email: mike.mcgillivray@carelendinggroup.com Phone: 403.710.4810 Web Site: www.carelendinggroup.com

    20 min

  3. NOV 12

    #14 Steering Success: A Guide to Business Succession Planning

    Curious about the benefits of working with a financial advisor for your pharmacy business? Join Matt Hodgson as he and Jeff Ady of Northfront Financial explore the importance of planning for an exit, steps in proper succession planning, and the benefits of working with a financial advisor. Jeff shares his journey into financial advising, insights on balancing business and personal wealth, and critical advice for ensuring a smooth transition when exiting a business. Key topics include the significance of early exit planning, managing mixed personal and business finances, and strategies for mitigating tax liabilities. Additionally, Jeff highlights the importance of finding purpose post-exit and the psychological challenges that can accompany this major life change. Tune in for practical advice and expert insights to help pharmacy business owners navigate their financial futures. 00:00 Welcome to Pharmacy Edge 00:48 Meet Jeff Ady: Financial Advisor Extraordinaire 00:56 Jeff's Journey into Financial Advisory 02:31 Northfront Financial: Services and Clients 04:43 The Importance of Exit Planning 05:53 Financial Planning for Business Owners 09:55 Purpose After Exit: Finding Your New Path 11:50 Smooth Transitions: Succession Planning Tips 14:44 Separating Personal and Business Finances 22:38 Tax Planning Strategies for Business Owners 29:26 Final Thoughts and Free Consultation Offer Connect with Pharmacy Edge: Website: www.pharmacyedge.com LinkedIn: Pharmacy Edge Facebook: Pharmacy Edge | Twin Falls ID | Facebook Connect with our Host: LinkedIn: Matt Hodgson | LinkedIn Connect with Jeff Ady: Website: www.northfrontfinancial.com LinkedIn: Jeff Ady | LinkedIn LinkedIn: Northfront Financial

    32 min

  4. NOV 5

    #13 Navigating New Horizons: Insights and Advice for International Pharmacists in Canada

    Welcome to the Pharmacy Edge Podcast, your go-to source for insightful discussions on pharmacy business. In this episode, join us as we explore the journey of international pharmacists seeking to establish themselves in Canada, with a special focus on the guidance and wisdom offered by our esteemed guest, Havalee Johnson, the Founder of Immigrant PharmAssist. Havalee's personal journey from Jamaica to Canada and her triumphant experience reviving her pharmacy career amidst new challenges serves as a compelling testament to the resilience and determination of international pharmacists pursuing their "Canadian dream." With insightful conversations and essential advice, Havalee sheds light on the significant challenges faced by international pharmacists during their relocation to Canada and the strategies she utilized to overcome them, paving the way for a successful career in a new country. As the Founder of Immigrant PharmAssist, Havalee shares her inspiration behind creating the platform and delves into how it effectively supports international pharmacists looking to practice in Canada, offering guidance on navigating the Canadian healthcare system and securing their licenses. Tune in to gain invaluable insights and advice from Havalee as she highlights the importance of mentorship in the pharmacy industry, and explores the diverse opportunities available for international pharmacists in Canada, fostering a path towards a fulfilling and prosperous career in the country's healthcare landscape. 00:00 Introduction to Pharmacy Edge Podcast 00:22 Meet Havalee Johnson: From Jamaica to Canada 09:00 Challenges and Triumphs of Relicensing in Canada 14:25 Creating the Immigrant Pharmacist Platform 22:01 Advice for International Pharmacists 32:06 The Importance of Mentorship 39:41 Opportunities for International Pharmacists in Canada 44:52 Conclusion and Final Thoughts Connect with Pharmacy Edge: Website: www.pharmacyedge.com LinkedIn: Pharmacy Edge Facebook: Pharmacy Edge | Twin Falls ID | Facebook Connect with our Host: LinkedIn: Matt Hodgson | LinkedIn Connect with Havalee Johnson: Linkedin: http://linkedin.com/in/havalee-the-immigrant-pharmassist Instagram:  https://www.instagram.com/havalee_89/ https://www.instagram.com/immigrant_pharmassist TikTok: https://www.tiktok.com/@immigrant_pharmassist Monthly masterclass + email updates: https://www.immigratetoelevate.ca/masterclass Email: info@havaleejohnson.ca

    46 min

  5. OCT 8

    #12 Beyond the Pharmacy Edge Conference: A Recap of Pharmacy Success Strategies

    Are you ready to unlock the secrets to success in the pharmacy industry? Join host Matt Hodgson on the Pharmacy Edge Podcast season one finale as he takes you on a journey through the highlights of our recent conference. From the power of storytelling to the importance of cybersecurity and strategic planning, our lineup of expert speakers shared invaluable insights that will revolutionize how you approach your pharmacy business. Delve into reflections on captivating presentations by industry trailblazers such as Tim Pollard, Amy Oliver, Brett Gallant, Max Beairsto, Mike Stannix, and Jan Welke. Discover how to enhance communication, retain employees, fortify cybersecurity, value your pharmacy, navigate tax laws, and prepare for emergencies like a seasoned pro. Join us in embracing these key takeaways from our esteemed speakers and enhance your pharmacy operations. As we say farewell to this season, make sure to gear up for the next chapter as we unveil the latest trends and developments in the pharmacy business industry. Get ready to elevate your pharmacy game with the Pharmacy Edge Podcast. Tune in now! Connect with Pharmacy Edge: Website: www.pharmacyedge.com LinkedIn: Pharmacy Edge Facebook: Pharmacy Edge | Twin Falls ID | Facebook Connect with our Host: LinkedIn: Matt Hodgson | LinkedIn Stay ahead in the ever-evolving landscape of independent pharmacy by subscribing to Pharmacy Edge on your favorite podcast app for expert insights and strategies to empower YOUR pharmacy business.

    11 min

  6. OCT 1

    #11 Pharmacist Wellness: Strategies for Building Resilience and Preventing Burnout

    Are you focused on enhancing the well-being of your pharmacy workforce? Join host Matt Hodgson on the Pharmacy Edge podcast as he explores essential strategies for promoting wellness among pharmacy professionals. In this episode, we welcome Shulamit Ber Levtov, MA, RSW, CCTP, CFSW. Shulamit, known as The Entrepreneurs’ Therapist, is a culture change catalyst who speaks and educates at the intersection of mental health and entrepreneurship. With over 30 years of entrepreneurial experience and more than 24 years of professional expertise in therapeutic, coaching, and somatic tools, Shulamit specializes in supporting women business owners in preserving their peace of mind while navigating the emotional rollercoaster of running a business. She has a rich background in the mental health, trauma, financial psychology, and entrepreneurship spaces, making her uniquely equipped to help women in business flourish. Don't miss this insightful episode on pharmacist wellness strategies with Shulamit Ber Levtov. Learn how to build resilience, prevent burnout, and prioritize mental health in your pharmacy business. Get insights into valuable resources across different regions: How to pick a therapist: https://www.shula.ca/how-to-pick-a-therapist-7-steps-to-choose-the-right-one-for-you/ Soothe, discharge and nourish handout: https://www.shula.ca/three-principles-of-stress-relief/   Pharmacists' association mental health resources - Canada: Canadian Pharmacist Association - National Mental Health Survey of Pharmacy Professionals Pharmacytimes.com Canadian Pharmacist Association - Workforce Wellness  UK: Counseling and other resources: https://pharmacistsupport.org/   The Pharmaceutical Journal - Burnout Among Pharmacy Professionals Needs To Be Addressed At Systemic Level Webinar by Wolterskluwer.com on Pharmacist Burnout US: Screening Tool: https://www.pharmacist.com/wellbeing  American Pharmacist Association -The Pharmacist’s Guide to Recognizing and Preventing Burnout Connect with Pharmacy Edge: Website: www.pharmacyedge.com LinkedIn:a href="https://www.linkedin.com/company/pharmacyedge/" rel="noopener noreferrer"...

    38 min
  7. #10 From Concept to Reality: Script Runner's Breakthrough in Remote Medication Delivery

    SEPT 18

    #10 From Concept to Reality: Script Runner's Breakthrough in Remote Medication Delivery

    Tune in to the latest episode of the Pharmacy Edge Podcast as host Matt Hodgson sits down with Adam Plummer, co-founder of Script Runner, to delve into the groundbreaking world of remote medication delivery. Adam shares his insights on overcoming medication adherence challenges, the impact of technology on patient outcomes, and the critical role of last-mile solutions in healthcare supply chains. Discover how Script Runner's innovative software is shaping the pharmacy industry, enhancing the patient experience, and ensuring efficient and reliable medication delivery. From navigating unique healthcare challenges to offering valuable advice for healthcare providers looking to implement remote medication delivery, this episode is packed with expert insights and strategies. Don't miss out on this enlightening discussion that is reshaping the future of pharmacy practice. Subscribe now to the Pharmacy Edge Podcast for exclusive interviews, inspiring stories, and valuable insights to elevate your pharmacy business. Connect with Pharmacy Edge: Web Site:https://pharmacyedge.com/ ( PharmacyEdge.com) LinkedIn: https://www.linkedin.com/company/pharmacyedge/?viewAsMember=true (Pharmacy Edge) Facebook:https://www.facebook.com/PharmacyEdge ( Pharmacy Edge) Connect with Adam Plummer: Web Site: https://scriptrunner.ai/ (ScriptRunner.AI) LinkedIn: https://www.linkedin.com/company/scriptrunnerai/posts/?feedView=all (Script Runner) LinkedIn: https://www.linkedin.com/in/adam-plummer-2902b5151/ (Adam Plummer) Email: adam@script-runner.com

    27 min
  8. #9 The Importance of Legal Counsel: Protecting Your Investment in Pharmacy Acquisitions

    AUG 30

    #9 The Importance of Legal Counsel: Protecting Your Investment in Pharmacy Acquisitions

    Tune in to the Pharmacy Edge Podcast as host Matt Hodgson delves into the vital topic of legal counsel in pharmacy acquisitions. Joined by Ahmed Malik, a Partner and Corporate Commercial Lawyer at MLT Aikins LLP in Regina, this episode explores the intricacies of protecting your investment in pharmacy acquisitions. Gain valuable insights into the role of transaction lawyers, structuring deals, navigating legal considerations in the Canadian retail pharmacy industry, and much more. For more information and to register for the upcoming Pharmacy Edge Conference, visit https://pharmacyedge.com/ (⁠pharmacyedge.com⁠) to secure your spot at the most anticipated event in the pharmacy industry. Connect with Pharmacy Edge: LinkedIn: https://www.linkedin.com/company/26488376/admin/dashboard/ (⁠Pharmacy Edge⁠) Facebook: https://www.facebook.com/PharmacyEdge/ (⁠Pharmacy Edge⁠) Website: https://pharmacyedge.com/ (⁠Pharmacyedge.com⁠) Connect with Ahmed Malik: LinkedIn:https://www.linkedin.com/in/ahmedmalikmt/ (⁠ Ahmed Malik⁠) Web Site: ⁠MLT Aikins LLP⁠

    37 min
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About

Welcome to Pharmacy Edge, the podcast that keeps you on the cutting edge of pharmacy business. Our host Matt Hodgson will cover industry trends, operations, and insights from top experts. Tune in for actionable insights that can elevate your business or career. For more resources and upcoming events, visit Pharmacy Edge, including a conference on optimizing operations and a networking event with industry leaders. Subscribe today to stay ahead of the curve!

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  • Creator
    Pharmacy Edge
  • Years Active
    2K
  • Episodes
    17
  • Rating
    Clean
  • Copyright
    © Pharmacy Edge
  • Show Website
    Pharmacy Edge

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