Monthly trade journal features news and information for retail pharmacy professionals, with content categories including business insights, top retailers, health and over-the-counter products, beauty products, and general merchandise and consumables, and special features including the "State of Retail Pharmacy" (Jan. issue), "Top Retailers" (Apr. issue), and "Retail Clinics" (Jul. issue) reports.
Monthly trade magazine features news and information for the chain drug store industry, with special reports including the "Annual State of the Industry Report" (April issue) which profiles the top 50 drug chains and the "Annual Report of Retail Pharmacy" (August issue) which ranks the top 100 chains by dollar volume and location count and analyzes the performance of the top 25 retail drug store chains.
Biennial report provides a detailed analysis of the industry, with topics covered in individual chapters including operational overview, market structure, specialty drugs and pharmacies, prescription drug payment and spending, consumer copays and coinsurance, benefits managers, reimbursement by third-party payers, relationships with drug wholesalers, and pharmacy and prescription profitability.
Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
Annual publication provides an overview of independent community pharmacies, with data provided in this report including number of pharmacies by state, average sales and number of prescriptions dispensed per location, cost of goods sold, gross profit, and payroll expenses as a percentage of sales, number of employees, and average hourly wages for pharmacists, technicians, and clerks.
Annual compensation survey provides base pay, short-term incentive, and total cash compensation data for pharmacy personnel, with compensation data categorized by type of operation, geographic region, and company size. Summary excerpts from the survey that provide hourly and annual base pay data for selected job positions on a national, regional, and state basis are available free online.
Annual wage survey provides hourly and annual wage data for personnel employed by pharmacies and drug stores on a national, state, and metropolitan area basis, with job positions covered in the survey including pharmacists who dispense prescription drugs and inform patients about the drugs and their use and pharmacy technicians who prepare medications under a pharmacist's direction.
Free online service provides salary, bonus, and hourly wage data for various job positions in sector such as retail store manager, assistant store manager, retail shift supervisor, pharmacy manager, pharmacist, certified pharmacy technician, and cashier, with employers for which salary or hourly wage data is provided including Walgreen Co., CVS Health Corporation, and Rite Aid Corporation.
Pharmacy Blue Book
Interactive calculator allows users to estimate the value of a retail pharmacy using various valuation formulas based on annual sales, net income, net profit, annual prescription volume, inventory, and fixtures and equipment. Calculator is available to NCPA members in the "Ownership Tools" section; free preview provides an example of an estimated value calculation using these valuation formulas.
Selling A Pharmacy: A "How To" Guide
Chapter 5: "How to Determine an Equitable Selling or Purchase Price for a Community Pharmacy" from this seller's guide provides a more detailed discussion of the various valuation formulas used in the interactive "Pharmacy Blue Book" calculator (see above) which defines the data inputs used in the formulas and provides examples of estimated value calculations for each of these formulas.