{"id":468,"date":"2021-10-28T11:47:05","date_gmt":"2021-10-28T15:47:05","guid":{"rendered":"https:\/\/www.cedarville.edu\/disruptive-healthcare\/?p=468"},"modified":"2021-10-28T11:47:05","modified_gmt":"2021-10-28T15:47:05","slug":"the-future-of-independent-pharmacy-bleak-or-bright","status":"publish","type":"post","link":"https:\/\/blogs.cedarville.edu\/disruptive-healthcare\/the-future-of-independent-pharmacy-bleak-or-bright\/","title":{"rendered":"The Future of Independent Pharmacy: Bleak or Bright?"},"content":{"rendered":"

by Erin Ballentine<\/p>\n

What is the future for independent pharmacy? In the fast-paced environment of our healthcare culture, it can be difficult to compete with retail pharmacy chains that are masterful at filling high quantities of prescriptions every day. But what is lost in such a fast-paced environment? Can this be leveraged to promote the services that an independent pharmacy can provide? What other opportunities exist that independent pharmacies are not taking advantage of? And how has COVID-19 created disruptive change that can be leveraged at your local independent pharmacy?<\/p>\n

Leadership and Vision<\/h3>\n

Dr. Justin Coby<\/a>, a 2007 graduate from Ohio Northern University, began his pharmacy career as a retail pharmacist for a corporate chain. Although he was successful in this field, Coby\u2019s career goals changed after going on a missions trip and seeing the opportunities to serve others through the capacity of a pharmacist. Coby started volunteering at a local free clinic and, in 2012, was named executive director of the Health Partners Free Clinic in Troy, Ohio. Today, he occupies the role of director of Cedar Care Village Pharmacy<\/a>, an independent pharmacy supported by Cedarville University in Cedarville, Ohio.<\/p>\n

While strong servant leadership is essential to motivate a team of individuals, an independent pharmacy cannot be successful without a clear vision for their future.<\/div>In order for independent pharmacies to be successful, effective leadership and a strong vision for a local pharmacy\u2019s role in healthcare is imperative. When asked about his philosophy of leadership at Cedar Care, Coby stated, \u201cI\u2019m just a member of the team. [As a leader,] your job is to make sure everyone in the room is comfortable.\u201d While strong servant leadership is essential to motivate a team of individuals, an independent pharmacy cannot be successful without a clear vision for their future. To create vision, pharmacists must get to know their communities and the current opportunities to bridge healthcare gaps in the community setting.<\/p>\n

Future Opportunities for Independent Pharmacies<\/h3>\n

Only nine days on to the job, Coby already has a strong sense of vision for Cedar Care Village Pharmacy. There are ample opportunities to implement ambulatory care into the role of the local community pharmacy. Creating a \u201cone stop shop\u201d to provide point-of-care testing, vaccinations, and other services outside of the typical dispensing operations is one way in which independent pharmacies can continue to expand the opportunities for pharmacists and improve the health of the local community. The COVID-19 pandemic has increased the ways in which pharmacists are utilized in the healthcare system and independent pharmacies have a unique position to capitalize on the opportunities that are now available and expected for pharmacists.<\/p>\n

To hear more about the positive future for independent pharmacies, listen to our latest episode of DISRxUPT, a podcast of the Cedarville University Center for Pharmacy Innovation. In this episode, Dr. Justin Coby describes specific ways in which these businesses can utilize various resources to their advantage and how the future for independent pharmacies is littered with opportunities for positive growth.<\/p>\n