Every year the pharmacy industry continues to evolve – in response to consumer demand, new legislative requirements, and other unforeseen obstacles. In fact, the past 12 months may have been some of the most challenging for independent pharmacies yet. While this year brought a lot of unknowns, frustrations, and at times, even fear, we learned some pretty important lessons along the way.
Here are some of the major events that shaped the pharmacy industry in 2024, and what we’re taking away from them:
DIR Fee & Reimbursement Changes
One of the biggest concerns pharmacies had heading into 2025 was the financial impact of DIR fee changes in the first quarter. Despite the overwhelmingly gloomy predictions, independent pharmacies have not all closed their doors. In fact, new independent pharmacies continue to open, and many existing stores have found ways to not only survive but thrive this year. Read More >