Relevant bibliographies by topics / Pharmacy business management

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  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers

Academic literature on the topic 'Pharmacy business management'

Author: Grafiati
Published: 4 June 2021
Last updated: 8 February 2022

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Journal articles on the topic "Pharmacy business management"

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Rollins, Brent L., Kimberly Broedel-Zaugg, James Reiselman, and Donald Sullivan. "Assessment of pharmacy students' perceived business management knowledge: Would exclusion of business management topics be detrimental to pharmacy curricula?" Currents in Pharmacy Teaching and Learning 4, no. 3 (2012): 197–201. http://dx.doi.org/10.1016/j.cptl.2012.04.001.

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Slavcev, Roderick A., Nancy M. Waite та Brad Jennings. "Shaping pharmacy studentsʼ business and management aptitude and attitude". Currents in Pharmacy Teaching and Learning 8, № 5 (2016): 672–80. http://dx.doi.org/10.1016/j.cptl.2016.06.003.

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Rollins, Brent L., Rahul Gunturi, and Donald Sullivan. "A Pharmacy Business Management Simulation Exercise as a Practical Application of Business Management Material and Principles." American Journal of Pharmaceutical Education 78, no. 3 (2014): 62. http://dx.doi.org/10.5688/ajpe78362.

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Rachmat Hidayat and Irsan Saleh. "The Importance of Inventory Management in Pharmaceutical Practice." Open Access Indonesia Journal of Social Sciences 3, no. 1 (2020): 1–9. http://dx.doi.org/10.37275/oaijss.v3i1.22.

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Abstract
 Efficient inventory management enhances gross profits and net profits by reducing the cost of procured pharmaceutical products and associated operational expenses. In addition, cash flow will improve upon saving on purchasing and storing less costly products. Such cash flow can be used to pay operational expenses and invest in other services. In addition to the negative impacts on financial outcomes from the pharmacy’s business perspective, inventory mismanagement could have deleterious corollaries on patient safety. Such outcomes can be attributed by the availability of expired, counterfeit, substandard, or spoiled products; unavailability of essential products; unclaimed prescriptions; and not updating formularies. From both financial and operational perspectives, efficient inventory management plays a great role in pharmacy practice. Thus, both methods of inventory management & methods of evaluating inventory management should be integrated into the curriculum of pharmacy programs, in addition to including them in the continuing education courses for registered pharmacists.
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Ford, James, Katherine Rotzenberg, and David Mott. "Novel Integration of Administrative Pharmacy Residents in a Management Course." INNOVATIONS in pharmacy 12, no. 2 (2021): 9. http://dx.doi.org/10.24926/iip.v12i2.3622.

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Background: Management skills are an essential component of a pharmacy graduate’s abilities for successful practice. Although pharmacy education standards require that students have a working knowledge of management principles, students often do not see the value in management and business courses. One innovative approach is restructuring course content using case examples and real-world experiences to improve student understanding of finance and management principles. Innovation: Two specific changes were implemented in a second year (P2) management and finance course to improve the relevance of business principles. Course content was organized around current pharmacy service cases from a variety of practice settings and supported by the value of problem-based learning. Post-graduate year 1 (PGY-1) administrative pharmacy residents were engaged as course teaching assistants (TAs) who brought real-world experiences into the class. An analysis of pre- and post-course voluntary surveys, course evaluations, and TA evaluations assessed the impact of the course redesign. Findings: The course redesign achieved its intended goal of improving student-perceived course relevance. This was shown through statistically significant improvements in course evaluations that were intended to measure student perception of pharmacy management and its relevance in their future career. Student completed TA evaluations showed that those who reported their TA shared real-world applications had higher confidence in applying course concepts and greater understanding of course materials. Conclusions: Administrative pharmacy residents were successfully integrated into a pharmacy management course redesign, resulting in improved student perceptions of course relevance.
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Bullock, Katura C., and Sheritta Horne. "A Didactic Community Pharmacy Course to Improve Pharmacy Students’ Clinical Skills and Business Management Knowledge." American Journal of Pharmaceutical Education 83, no. 3 (2019): 6581. http://dx.doi.org/10.5688/ajpe6581.

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Hicks, Charles, Walter Siganga, and Bupendra Shah. "Enhancing Pharmacy Student Business Management Skills by Collaborating With Pharmacy Managers to Implement Pharmaceutical Care Services." American Journal of Pharmaceutical Education 68, no. 4 (2004): 94. http://dx.doi.org/10.5688/aj680494.

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Friesen, John A., Raymond F. Boykin, and W. Benjamin Martz. "Business process redesign of a community pharmacy reimbursement operation." Knowledge and Process Management 5, no. 4 (1998): 230–37. http://dx.doi.org/10.1002/(sici)1099-1441(199812)5:4<230::aid-kpm42>3.0.co;2-l.

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Samborskyi, Oleg. "Innovative Approaches to Teaching Professionally Oriented Disciplines “Organization and Economics of Pharmacy”, “Management and Marketing in Pharmacy”." Galician Medical Journal 24, no. 1 (2017): 201713. http://dx.doi.org/10.21802/gmj.2017.1.3.

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The article presents pedagogical innovations in teaching professionally oriented disciplines “Organization and Economics of Pharmacy”, “Management and Marketing in Pharmacy” at the Department of Organization and Economics of Pharmacy and Technology of Drugs of the Ivano-Frankivsk National Medical University, namely: innovative approaches to practical classes with the elements of business games, training in mini-groups, problematic question discussion; extraordinary defense of term papers and the 4-step monitoring of knowledge, abilities and skills required for future pharmacy professionals. The outlined innovations of classroom interactive training are aimed at involving the entire academic group of students in group discussions, teaching them to substantiate their thoughts, developing the abilities to make joint management decisions and bear responsibility for their fulfillment – these are the qualities, which are constantly improving when studying the disciplines “Organization and Economics of Pharmacy”, “Management and Marketing in Pharmacy”.
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Augustine, Jill, Marion Slack, Janet Cooley, Sandipan Bhattacharjee, Erin Holmes, and Terri L. Warholak. "Identification of Key Business and Management Skills Needed for Pharmacy Graduates." American Journal of Pharmaceutical Education 82, no. 8 (2018): 6364. http://dx.doi.org/10.5688/ajpe6364.

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Dissertations / Theses on the topic "Pharmacy business management"

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Babolmorad, Niloofar. "Business Plan for DANA Pharmacy." Thesis, California State University, Long Beach, 2018. http://pqdtopen.proquest.com/#viewpdf?dispub=10784861.

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<p> Studies have revealed that bilingual individuals opt their native language as the first choice for consultation with health professionals. Moreover, a concordant cooperation between patient and pharmacist is significantly impaired where one party is applying a language with which both sides are not comfortable or confident. Accordingly, a multilingual pharmacy has the potential to remove language barriers for non-compliance among customers who need pharmacy services. On the other hand, in today&rsquo;s competitive market, a pharmacy may guarantee its survival, and also high revenue, if it fills a sizable amount of Medicare patients&rsquo; prescriptions since a majority of these physician orders include at least three types of chronic-disease medications. However, there are still communication barriers with some of Medicare beneficiaries because of their limited proficiency in English.</p><p> DANA, a private community pharmacy, intends to remove aforementioned obstacles in the heart of Laguna Woods and its neighboring cities where they place prescriptions for a large number of Persian and Hispanic immigrants and serve a community with the highest density of elderly people in Southern California.</p><p> DANA&rsquo;s mission is to deliver highly valued health care in a manner that ensures optimal medication therapy outcomes for the whole community by performing its trilingual Farsi-Spanish-English pharmacy service and being more attentive to elderly patients.</p><p>
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Adams, Edries. "Independent community pharmacy : quo vadis?" Thesis, Stellenbosch : University of Stellenbosch, 2011. http://hdl.handle.net/10019.1/14640.

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Thesis (MBA)--University of Stellenbosch, 2011.<br>On 16 January 2004, the Parliament of the Republic of South Africa published the Draft Regulations to the Medicines and Related Substances Act No. 101 of 1965 (Republic of South Africa, 2010a) for comments due by 16 April 2004. These regulations would change the retail pharmacy landscape that generations of pharmacists had become dependent on in supporting themselves and the communities that they served. These regulations proposed a single exit price (SEP) that manufacturers might charge pharmaceutical wholesalers, which included the distribution cost. The wholesaler in turn would sell the pharmaceutical to the pharmaceutical retailer at the listed SEP, thus prohibiting discounts and in the process creating transparency in the pharmaceutical industry. This transparency would ensure that all people would pay the same price for their medication with the aim of making it affordable and available to those in need. Preceding these draft regulations was the amendment to the Pharmacy Act No. 53 of 1974 (Republic of South Africa, 2010c) concerning pharmacy ownership, which allowed non-pharmacist and legal entities to own pharmacies as of 2003. This amendment posed the first external threat to the autonomy of pharmacists regarding independent pharmacy ownership. Pharmacists now had to compete not only amongst themselves but also with large corporate food and health shops with in-house pharmacies. The resources and capabilities inherent to independent community pharmacies given the events of the past few years proved inadequate in competing with the corporate retailers. These two amendments to acts that influenced the existing pharmacy landscape posed a real threat to the sustainability of independent pharmacy business models. This paper investigates the issues that independent community pharmacies in South Africa are facing and their strategic options in the pharmaceutical and services value chain.
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Pham, Misty Mong-Xuan. "Flymed Pharmacy, LLC, Home Delivery Services a Business Plan." Thesis, California State University, Long Beach, 2017. http://pqdtopen.proquest.com/#viewpdf?dispub=10601380.

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<p> With advances in technology and science, life expectancy is increasing, but most of the elders must take care of themselves or live in assisted home. Between 2015 and 2060, the U.S. Census Bureau predicts that the population adult aged 65 to 84 will grow to 89%; meanwhile, the number of adult 85 and older are expected to more than triple and about 11 million people age sixty-five and older are predicted to live alone, which is almost a third of the American population. They may have problems to receive essential medications because they are unable to drive or do not have access to public transportations. The FlyMed Pharmacy will assist the elderly by providing home delivery services such as emergency or maintenance medications. Consultations and advice will be provided through a mobile app, DeliverMyMed.</p><p>
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Nwambie, Alphonsus I. "Strategies for Pharmacy Managers to Increase Profit by Reducing Prescription Errors." ScholarWorks, 2018. https://scholarworks.waldenu.edu/dissertations/4877.

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The costs attributed to prescription errors negatively affect the profits of retail pharmacy businesses. The U.S. prescription error rate since 2010 was 0.1%, yet with more than 3.5 billion prescriptions filled annually in the United States, the outcome is more than 3.5 million prescription-dispensing errors and an annual cost of more than $16 billion. Using the performance prism theory, the purpose of this multiple case study was to explore strategies retail pharmacy managers used to increase profit by reducing prescription errors. Using purposeful sampling, 5 retail pharmacy managers in Miami, Florida, were selected as participants because they had implemented strategies to reduce prescription errors. Data were collected using semistructured, face-to-face interviews with 5 pharmacy managers, and company records consisting of quality improvement incident reports, income statements, and balance sheets. Data analysis occurred using methodological triangulation and following Yin's 5-step process of compiling, disassembling, reassembling, interpreting, and concluding the data. The 3 emergent themes were prescription error reducing strategy, profitability improvement strategy through reduced prescription errors, and technology strategy for reducing prescription error. The findings indicated that prescription error reducing strategies are essential for pharmacy managers to increase profits. The implications for positive social change include the potential for retail pharmacy managers to reduce the cost of health care in their communities, prevent prescription error-related hospitalizations and deaths, and improve employment conditions and economic activity in their communities.
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Khoza, Augustine. "Pharmacy Stores Profitability and Sustainability in Bulawayo, Zimbabwe." ScholarWorks, 2016. https://scholarworks.waldenu.edu/dissertations/3251.

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Zimbabwe's catastrophic economic decline resulted in a high unemployment rate (95%), declining socioeconomic indicators, pharmacy stores' unprofitability and lower sustainability. Profitable pharmacy stores play a fundamental role in ensuring public access to medication. Lack of pharmacy profitability leads to poor healthcare delivery, resulting in increased morbidity and mortality. A healthy population is panacea to economic growth and prosperity and enhances human dignity, social cohesion, and the quality of life. In this qualitative, descriptive multicase study design, using Porter's business strategies theory and the Deming process of quality assurance as conceptual frameworks, data from 11 pharmacy stores leaders in Bulawayo, Zimbabwe were collected during interviews with open-ended questions. Participants were assumed to have influence, knowledge, and a personal stake in the pharmacy sector and that their views and experiences could address the research question of lack of pharmacy profitability and sustainability. Data were explored, categorized, and tabulated to assist drawing empirical findings and conclusions that could answer the research question. Using software the data were analyzed and themes such as the centrality of strategy in running profitable pharmacies, customer care, reimbursements by medical insurance firms, the role of the legal and regulatory frameworks on pharmacies, and mergers of single-owner pharmacies emerged. Findings from the results might provide strategies for those in the pharmacy retail sector and individuals who intend to explore the sector. Individuals who read results of the study might be influenced to lobby government on behalf of the sector to relax prohibitive regulations.
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Johnson, Jeffrey A. (Jeffrey Allen) 1964. "A comparison of satisfaction with pharmacy services between mail and traditional pharmacy patrons and an evaluation of the relationship with health status." Diss., The University of Arizona, 1996. http://hdl.handle.net/10150/290607.

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The aims of this research were to determine the level of satisfaction with pharmacy services among enrollees of a managed care organization, compare the level of satisfaction between mail pharmacy and traditional pharmacy patrons, and evaluate the relationship between satisfaction with pharmacy services and health status. Data was collected via telephone interviews with 1,362 enrollees of the managed care organization. The overall response rate was 65%. Satisfaction was measured using previously developed items for traditional pharmacy services, and newly developed, parallel items for mail pharmacy services. Scores were calculated for hypothesized multi-item dimensions of satisfaction. Health status was measured using the physical and mental health composite scores of the SF-12 Health Survey. Satisfaction with pharmacy services was compared between patron groups using ANOVA and ANCOVA models. Confirmatory factor analysis and structural equation modeling (SEM) were used to evaluate the dimensional structure of satisfaction with pharmacy services and the relationship between satisfaction with pharmacy services and health status. The results indicated that mail pharmacy patrons were more satisfied than traditional pharmacy patrons with their pharmacy services in general, and specifically with the financial aspects and technical quality of those services. When the comparisons were adjusted for general satisfaction with medical care and mental health status, mail pharmacy patrons still had greater levels of general satisfaction with pharmacy services. However, when these covariates were included in the comparison of satisfaction with financial aspects and technical quality of pharmacy services, dimension scores between the two patron groups were not significantly different. Internal consistency reliability coefficients for the multi-item dimensions of satisfaction were in the range of 0.53 to 0.77, with the exception of the Written Information dimension for mail pharmacy service, where the alpha coefficient was 0.37. A positive correlation between the dimension scores for general satisfaction with pharmacy services and general satisfaction with medical care lends support to the construct validity of the measurements. Additionally, it was concluded that, as expected, general satisfaction with pharmacy services was positively correlated with mental health status, but there was no significant relationship between physical health and satisfaction with pharmacy services.
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Heunis, C. "A comparative study of the pharmacy business models with specific reference to Nuclicks and Pick 'n Pay." Thesis, Stellenbosch : Stellenbosch University, 2003. http://hdl.handle.net/10019.1/53233.

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Thesis (MBA)--Stellenbosch University, 2003.<br>ENGLISH ABSTRACT: The purpose of this report is to create a better understanding of the new pharmacy initiatives in the South African market, with specific reference to the Nuclicks and Pick 'n Pay groups. In order to understand the respective business concepts better the following abstracts from each chapter of the study is given. Chapter one is basically the introduction to the study and describes the events that lead to the above mentioned corporate retailers to enter the pharmacy market place. An introduction to Hamel's business model theory is also discussed and identified as a possible means of evaluating the corporate retailers' business concepts. In Chapter two the strategic analysis of the South African retail pharmacy industry is performed. This analysis is performed to create an understanding of the different forces at work in the industry. Some of the key findings in this chapter are that changes to the pharmacy act and the way dispensing licences are going to be awarded creates uncertainty. The profit outlook of retail pharmacy, though on the decline, still compares favourably to other retailers. In chapter three the core concepts of Hamel's business model are presented in more detail and applied to the retail pharmacy environment. In his view, a strategy needs to change the industry rules. This chapter ends with the concept of wealth potential based on Hamel's teachings. The wealth potential concept is about creating cash flow and profits. A business model that is able to create customer benefits well below the cost of the competitors is regarded as efficient. By utilising the Hamel way the Nuclicks (chapter four) and Pick 'n Pay (chapter five) business concepts is unpacked. Both Nuclicks and Pick 'n Pay pharmacy business models are presented within the corporate framework of the groups. Nuclicks bought an established pharmacy franchise while Pick 'n Pay launched Healthpharm. Nuclicks creates a possible choke point by buying UPD. The Nuclicks pharmacy strategy is a more comprehensive health strategy, while Pick 'n Pay follows a more cautious approach. As franchising will playa major role in both pharmacy concepts, the theory of franchising is presented in chapter six. Telephonic interviews with Link franchisees are conducted and the possible reasons for the ambiguity that crept into the Link business model are discussed. As the Healthpharm franchise is a new concept, it is evaluated based on information gathered from press releases and the Healthpharm web-site. In chapter seven universal conclusions and recommendations, based upon the literature study and this investigation, are presented. One of the key findings are, success in the face of changes requires more than the current way of doing business. It requires an innovative thinking process. New business models have to be formulated that allows retail pharmacists to establish a focused and well-differentiated value proposition. This value proposition needs to be meaningful for consumers and must strengthen a pharmacy outlet's competitive position.<br>AFRIKAANSE OPSOMMING: Die doel van hierdie verslag is om 'n beter begrip vir die nuwe apteek inisiatiewe in die Suid-Afrikaanse mark te ontwikkel, met spesifieke verwysing na die Nuclicks en Pick 'n Pay groepe. Om die onderskeie besiqheidskonsepte beter te verstaan, word die volgende opsomming van elke hoofstuk van die studie uiteengesit. Hoofstuk een is 'n inleiding tot die studie en beskryf die gebeure wat aanleiding gegee het tot die bogenoemde korporatiewe kleinhandelaars se toetrede tot die apteek mark. 'n Inleiding van Hamel se besigheidsmodel teorie is ook bespreek en is geïdentifiseer as evaluering van die korporatiewe kleinhandelaars se besigheidskonsepte. Hoofstuk twee bied 'n strategiese analise van die Suid-Afrikaanse kleinhandelaars apteek industrie. Hierdie analise is geskep om beter begrip te ontwikkel vir die verskillende kragte wat inwerk in die industrie. Van die bevindinge in die hoofstuk is die veranderinge in die apteek wetgewing en die wyse waarop resepteer lisensies toegeken gaan word, en hoeveel onsekerhede dit tot gevolg het. Die wins vooruitsigte van kleinhandelaars apteke, alhoewel aan die afneem, vergelyk steeds gunstig met ander kleinhandelaars. In Hoofstuk drie is die kern konsepte van Hamel se besigheidsmodel in meer detail uiteengesit en toegepas op die kleinhandelaar apteek omgewing. Uit sy oogpunt, is 'n strategie nodig om veranderinge te weeg te bring in die industrie reëls. Hierdie hoofstuk eindig met die konsep van waarde potensiaal wat gebaseer is op Hamel se teorie. Hierdie waarde potensiaal konsep is gebaseer op die skep van kontantvloei en 'n Besigheidsmodel wat in staat is om die kliënt te begunstig heelwat laer as die koste van die teenstander, word beskou as effektief. Hamel se teorie is gebruik om Nuclicks (hoofstuk vier) en Pick 'n Pay (hoofstuk vyf) se besigheidskonsepte te analiseer. Beide Nuclicks en Pick 'n Pay se besigheidsmodelle word aangebied binne die korporatiewe raakwerke van die groepe. Nuclicks het 'n gevestigde apteek konsessie gekoop terwyl Pick 'n Pay vir Healthpharm begin het. Nuclicks het 'n moontlike 'wurgpunt" geskep deur die aankoop van UPD. Die Nuclicks apteek strategie is 'n meer omvattende gesondheidstrategie, terwyl Pick 'n Pay 'n meer versigtige benadering volg. Aangesien besigheid konsessie 'n belangrike rol speel in beide apteek konsepte, word die teorie van konsessie in hoofstuk ses behandel. Telefoniese onderhoude is gevoer met Link konsessiehouers en die moontlike redes vir die twyfelagtigheid van die Link besigheidsmodel word bespreek. Aangesien die Healthpharm konsessie 'n nuwe konsep is, word dit geëvalueer op grond van inligting wat versamel is uit die media en die Healthpharm webtuiste. In Hoofstuk sewe word universele afleidings en aanbevelings, gebaseer op die literatuurstudie en die ondersoek, uiteengesit. Een van die hoof bevindings was dat sukses benodig meer as die huidige manier van besigheid doen. Nuwe besigheidsmodelle moet geformuleer word, wat dit vir kleinhandelaar apteke moontlik sal maak om 'n gefokusde en goed gedifferensieerde waarde voorstel tot stand te bring. Hierdie voorstel moet betekenisvol wees vir die verbruiker en moet die apteek kompeterende posisie versterk.
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Witt, Teresa A. "Leadership characteristics contributing to outstanding global leadership in the pharmaceutical industry." Thesis, Indiana Wesleyan University, 2013. http://pqdtopen.proquest.com/#viewpdf?dispub=3567732.

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<p> The pace of globalization continues to accelerate, which is demanding new approaches to leadership. One area where global mergers, acquisitions, alliances, and partnerships have become commonplace is in the pharmaceutical industry. This growing globalization has made it significantly more important to understand how culture impacts and influences effective leadership. Outstanding global leadership will continue to be a business imperative for the future. </p><p> This study used a mixed-method approach to identify the characteristics and behaviors that contribute to outstanding global leadership and to recommend methods for developing these characteristics. For the quantitative portion of the study, the GLOBE Research Survey was administered to mid-level leaders in a global pharmaceutical company. The qualitative portion of the study included semi-structured interviews with a smaller set of participants from the original sample group. </p><p> The quantitative survey indicated that the characteristics of integrity, performance-oriented, inspirational, visionary, and decisive strongly contribute to outstanding global leadership. The qualitative interviews supported these findings and offered recommendations on how to develop these characteristics, including the implementation of role models, feedback, coaching, learning environments, and culturally diverse opportunities. </p><p> This study provides preliminary evidence that there are specific characteristics that contribute to outstanding global leadership. The results of this study may be used to contribute to the success of global corporations, specifically in the pharmaceutical industry.</p>
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Gandy, Robert John. "Business information requirements for the performance management of aseptic dispensing in the national health service." Thesis, Liverpool John Moores University, 2007. http://researchonline.ljmu.ac.uk/5826/.

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The purpose of this research is to determine the information to be collected for aseptic dispensing in NHS hospitals, and its use for management and business purposes in relation to capacity, demand, performance and efficiency. Mixed methodologies were adopted on an exploratory basis. Qualitative methods included: regular expert input; workshops; out-turn questionnaires; Affinity Analysis; surveys; and structured interviews. Quantitative methods included: activity data surveys; targeted surveys; and Delphi methods. The research systematised the collection and collation of the required data and determined novel ways of analysing and manipulating it to aid decision-making. These were used to evaluate the impact of major capital investment and variations in practices between different parts of the country. A benchmarking approach should be applied in utilising the data and statistical indicators. Nomenclature issues can influence data quality. Therefore clear, unambiguous guidance was developed for data collection. Existing pharmaceutical information systems will be the main sources of the data for the foreseeable future. The research focused on the North West of England, with successful application in the West Midlands. Its transferability to non-NHS and foreign hospitals is inferred, as long as similar operational arrangements apply. The research enables: the measurement of progress towards implementing the Breckenridge (1996) recommendations; the evaluation of performance for aseptic production and usage to inform capacity planning; and the presentation of the degree of collaboration between hospitals. The research addresses the absence of set data for an important hospital support service, and applies relevant lessons from other fields and industries. It enables a systematic approach to capacity planning and performance evaluation, at a time when the contribution of the service to support clinical governance is being fully recognised.
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Nel, Lindi. "Value-based management : an application in North West regional pharmacies / L. Nel." Thesis, North-West University, 2012. http://hdl.handle.net/10394/9807.

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Value based management is a process that can be used to determine a business’s value drivers. It attempts to determine how the drivers link to value creation, and then break down the value drivers into achievable activities that can be pursued by employees. Due to strict medicine pricing regulations in the country, it is becoming increasingly difficult for pharmacy businesses to stay profitable. This study set out to develop a value based management framework that could be used by pharmacy management in order to maximise value creation in the business and help ensure its survival despite the strict pricing regulations. Secondary objectives were to contextualise the term “value based management”, to identify the value drivers in a pharmacy business and to determine the extent to which value based management and its principles are being applied in pharmacies in the North West region of South Africa. The research study began in the literature where the term “value based management” was introduced and a literature study was done to conceptualise the term by investigating why value based management and value creation were important. Value based management metrics, the components of value based management; and key success factors for the implementation of value based management principles were investigated. A further literature study was done to identify possible value drivers in a pharmacy business. An empirical study was conducted among registered pharmacists in the North West region of South Africa. Using the value drivers identified in the literature study as constructs, a questionnaire was designed to explore participants’ level of exposure to (and knowledge of) value based management as well as the extent to which the principles of value based management were being applied at the pharmacy businesses where participants were employed. Analysis of the responses showed the questionnaire to be reliable and valid. The results of the study highlighted that many respondents’ lack knowledge regarding the constructs (value drivers), cost price in the dispensary and cost of wages. Constructs (value drivers) that were better understood included product mix in the front shop and debtors’ control. Constructs (value drivers) that were best managed at the pharmacies where participants were employed, were cost price in the front shop and stock control. Constructs (value drivers) that were not as thoroughly managed were sales growth in the front shop and cost of wages. Conclusions regarding the findings of the research study were presented and recommendations were made. The research study was evaluated opposite the primary and secondary objectives with the conclusion that both were achieved. Finally, recommendations for further research into value based management and the application of its principles in pharmacy businesses were proposed.<br>Thesis (MBA)--North-West University, Potchefstroom Campus, 2013.
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Books on the topic "Pharmacy business management"

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JoAnn, Stubbings, and American College of Clinical Pharmacy, eds. How to develop a business plan for pharmacy services. 2nd ed. American College of Clinical Pharmacy, 2013.

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Robinson, Martin. Clinical trials risk management. CRC/Taylor & Francis, 2006.

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Schweizer, Lars, Theodor Dingermann, Otto Quintus Russe, and Christian Jansen, eds. Advances in Pharma Business Management and Research. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-35918-8.

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Shook, Robert L. Miracle Medicines. Penguin USA, Inc., 2009.

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Spilker, Bert. Multinational pharmaceutical companies: Principles and practices. 2nd ed. Raven Press, 1994.

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Pharmacy Business Management. Pharmaceutical Press, 2005.

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Essential Management Skills For Pharmacy And Business Managers. Taylor & Francis Inc, 2013.

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De Silva, Titus. Essential Management Skills for Pharmacy and Business Managers. Productivity Press, 2013. http://dx.doi.org/10.4324/9781315300429.

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Group, Medical Economics Research, ed. Drug topics 1993 business outlook study: Hospital pharmacy version. The Group, 1992.

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Schweizer, Lars. Advances in Pharma Business Management and Research: Volume 1. Springer Nature, 2020.

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Book chapters on the topic "Pharmacy business management"

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Puustjärvi, Juha, and Leena Puustjärvi. "Knowledge-Centric Management of Business Rules in a Pharmacy." In Advances in Information Technology. Springer Berlin Heidelberg, 2010. http://dx.doi.org/10.1007/978-3-642-16699-0_13.

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de Langhe, Luc. "Improving Business Performance through Management Development and Training Programmes (MD&T)." In Handbuch Pharma-Management. Gabler Verlag, 1995. http://dx.doi.org/10.1007/978-3-322-90784-4_42.

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Nell, Phillip C., and Björn Ambos. "Global Pharma – Das Ende eines erfolgreichen Business Models?" In Fallstudien zum Internationalen Management. Gabler Verlag, 2011. http://dx.doi.org/10.1007/978-3-8349-6793-0_57.

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Mikhailova, Daria. "Quality Management System for R&D Project and Portfolio Management in Pharmaceutical Company." In Advances in Pharma Business Management and Research. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-35918-8_3.

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Hörner, Elmar. "Alliance Management at Merck: Establishing an Operational 100-Day Plan for Alliance Launches and Management." In Advances in Pharma Business Management and Research. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-35918-8_7.

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Schweizer, Lars, and Theodor Dingermann. "Introduction: Trends and Developments in the Pharmaceutical and Life Sciences Industry." In Advances in Pharma Business Management and Research. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-35918-8_1.

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Schneider, Nadine. "Relevance of Instruments for Measurements of Quality of Life in the AMNOG Context: An Analysis of the Endpoint Health-Related Quality of Life from Different Perspectives." In Advances in Pharma Business Management and Research. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-35918-8_2.

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Heusler, Johannes. "Brexit and Its Impact on Pharmaceutical Law: Implications for Global Pharma Companies." In Advances in Pharma Business Management and Research. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-35918-8_4.

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Baasner, Silke. "Implementation of Measurable and Sustainable Actions to Improve Employee’s Engagement and Business Performance: Global Medical Clinical & Regulatory Affairs (GMCRA) – A Role Model at Fresenius Kabi." In Advances in Pharma Business Management and Research. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-35918-8_5.

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Lange, Martin A., and Alina Hernandez-Bark. "Leadership Models and Work Behavior: An Empirical Analysis of Consequences of Authentic and Transformational Leadership." In Advances in Pharma Business Management and Research. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-35918-8_6.

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Conference papers on the topic "Pharmacy business management"

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Daugaviete, Mudrite, Galina Telysheva, Ojars Polis, Ausma Korica, and Kaspars Spalvis. "Plantation forests as regional strength for development of rural bioeconomy." In 21st International Scientific Conference "Economic Science for Rural Development 2020". Latvia University of Life Sciences and Technologies. Faculty of Economics and Social Development, 2020. http://dx.doi.org/10.22616/esrd.2020.53.001.

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Abstract:
The establishment of plantation forests in areas not viable for agriculture can make a significant contribution to the economy. The yield from 1 ha of plantation forest depends on the management purpose - obtaining of round wood (pulpwood, sawnlog, veneer log, tare), bioenergy and extraction of tree foliage (broadleaved and coniferous). In Latvia, based on 2019 data, plantation forests achieve 2760 ha of Scots pine, 7855 ha of Norway spruce, 7431 ha of Birch, 2123 ha of Grey alder, 1274 ha of Black alder and Populus spp. and 618 ha of Salix spp. Estimated and projected gains are calculated both as round wood over 20 to 50 years: pine - 410-to 994 thou. m3; spruce, - 335 to 2.906 thou. m3, birch - 1.040 -2.452 thou. m3. Accordingly, it is possible to obtain gross income from the whole plantation forest area in Latvia: pine-12.42-63.8 mln. EUR; spruce - 40.1 -192.3 mln. EUR; for birch - 32.2 -202.7 mln. Eur. Additionally to that, 18.6 -21.6 t ha-1 and 24.0 -37.0 t ha-1 of processed foliage can be obtained from 1 ha of pine and spruce forest plantations (40-50 years old). Alnus incana sp. (5-20 years), yielding 19.65-122.65 thou. Solid m3 and Salix spp. (3-5 years), yielding 58.71-84.97 thou. solid m3, are used for energy production, furthermore Alnus spp. wood can be used than valuable raw material for plywood production. At the same time, it is possible to capture 106-1477 thou. tonnes of CO2 equivalent. Systematic investigations of chemical composition of above mentioned Latvian plantation trees, wood and bark, have shown that incorporation of extraction treatment in existing processing schemes will allow to manufacture high value added monomeric and oligomeric products which are of great demand for substitution of synthetic ones in different economy sectors (agriculture, including means for plant protection, food industry, polymer production, pharmacy etc.). Creation of small and medium-sized enterprises in rural region in close proximity to plantations opens the opportunity for the appearance of new working places, including organization of new nurseries, plantation services, private businesses for processing of various lignocellulosic waste into new special products / semi-products / feedstock for green industrial materials and chemicals, at the same time diminishing the logistics expenses.
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