|Articles|June 1, 2006

Pharmacy Times

  • Volume 0
  • 0

INDEPENDENT PHARMACY POSTS MARKET GAINS

Despite the economicpressures facing communitypharmacy, the nation's independentpharmacists entered2006 in a strong competitive position, according tothe latest NCPA-Pfizer Digest.

The total number of US independent pharmaciesrose to 24,500 at the end of 2005, up from 24,345 theyear before, the new research shows. Prescriptionvolume at independent pharmacies also experiencedgains, climbing to an average of 204 per day, up from190 in 2004.

Total sales per store rose from $3.58 million to$3.98 million last year, and staffing levels at independentpharmacies also are on the rise, accordingto the report. Nearly one third of all the communitypharmacists surveyed in 2005 expressed plans tohire at least one full-or part-time pharmacist duringthe coming year.

In contrast with their robust performance last year,however, the nation's independent pharmacies may beheading for a downturn in 2006, officials at the NationalCommunity Pharmacists Association (NCPA) warned.

"It's important to keep in mind that these figuresare from 2005 and do not reflect any of the enormouschanges that we are seeing as a result of MedicarePart D," said NCPA President James Rankin, PD.

Articles in this issue

over 19 years ago

can you READ these Rxs?

over 19 years ago

case STUDIES

over 19 years ago

Compounding HOTLINE

over 19 years ago

RESPy AWARD

over 19 years ago

Compounding for Prenatal Patients

over 19 years ago

Prescription Monitoring Programs

over 19 years ago

FMEA Can Help Prevent Errors

Newsletter

Stay informed on drug updates, treatment guidelines, and pharmacy practice trends—subscribe to Pharmacy Times for weekly clinical insights.


Latest CME