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Episode

10

Episode

10

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Image of Catalyst Pharmacy Podcast logo

Episode

10

Jun 2, 2021

How Financially Stable Is Your Pharmacy?

While your main goal as a pharmacist is to help improve your patients’ health and quality of life, at the end of the day, your pharmacy is a business. In order to best help your community, you need to be able to stay open. Scotty Sykes, a certified public accountant (CPA) at Sykes & Company P.A., joins the podcast to talk about the financial aspect of running an independent pharmacy in today’s world. He explains the effect of government loans during COVID-19, as well as optimizing financial margins and cash flow at the pharmacy. This all ties back into becoming a “one-stop shop” for healthcare in your community and expanding your products and services to bring new streams of revenue to your business.

Topics
Business & Ownership • Clinical Services • COVID-19 • Technology

In this Episode

Special Guests

Scotty Sykes
CPA, CFP® - Sykes & Company
Hosts Jeff Key and Marsha Bivins with Guest Scotty Sykes

Hosts

Will Tuft
Director of Education
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