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Business Coaching success story

AndersonRx

 

AndersonRx was opened by Sherry Borchert, as the COVID-19 pandemic was shutting down the country. The pharmacy is located 10 miles south of Redding, California, in a community with a population of 10,000.

 

Challenge

Opening a new pharmacy is difficult on its own, but doing so during the height of the COVID-19 pandemic seemed like even more of a challenge. Luckily, Sherry saw this as an opportunity to position her new pharmacy as a destination for patient services. With the help of her Good Neighbor Pharmacy business coach, Sherry agreed to begin the process of preparing her pharmacy for vaccine administration and point-of-care testing.

Solution

Partnering with her business coach, Sherry and her team quickly started to work through the various implementation steps required to administer vaccinations and perform point-of-care tests in the pharmacy, which included applying for a CLIA waiver, obtaining testing equipment and supplies, developing a billing strategy, adjusting workflow, developing a marketing plan, and more.

Outcome

Within five months of getting started, Sherry and her team administered over 1,000 point-of-care tests and 900 vaccines. The tests generated more than $110,000 in additional revenue and the vaccines brought in an additional 
$73,500. AndersonRx was able to pivot their business successfully to meet the needs of their community, deliver improved health outcomes, and thrive in a challenging environment.

$110,000  
in additional revenue from point-of-care testing
$73,500
in additional revenue from vaccinations

 

“I had no idea what an asset my business coach would be in helping me get my business up and running during this trying time. He helped me apply for a CLIA waiver and set up vaccine clinics. I contribute much of my success to my business coach!”


-Sherry Borchert, Owner, AndersonRx


Contact us to learn how you can leverage these solutions in your pharmacy today.