The second edition of How to Develop a Business Plan for Pharmacy Services is now available. The book is designed as a tool to assist individuals in evaluating and creating pharmacy service proposals by promoting critical thinking in key areas through the use of selected, thought-provoking questions.

Features of this new edition include:

• Chapters on the importance of planning in pharmacy and on the general process of business planning
• Discussions on the key elements of the business planning process
• New to this edition, a set of exercises to guide the reader in writing his/her own business plan
• Access to online resources including:
  • An electronic version of the workbook questions
  • An electronic version of the business plan template to be used for writing a business plan
  • A Microsoft Excel program that allows the user to develop financial statements for proposed businesses
  • Two business practice models

The Web site will be updated periodically with new resources, including additional sample business plans.

In the ever-changing health care industry, pharmacists are often presented with opportunities for expansion of their services or implementation of new programs, especially as concerns about the high cost of pharmaceuticals and issues of safety have greatly increased the demand for pharmacist involvement in patient care. Although there is ample evidence to support the value of clinical pharmacy services in many different practice settings, a common stumbling block is the ability (or inability) to translate or generalize the evidence in the literature to a practice site and to develop the business case to convince financial decision makers to support such services.

How to Develop a Business Plan for Pharmacy Services will assist pharmacy clinicians, managers, and leaders to explore, research, propose, and implement new services and enhance existing services by providing a systematic approach to the business planning process. The materials presented are applicable to pharmacy services in hospitals, community practice, managed care organizations, ambulatory clinics, and elsewhere.

The book is also useful as a teaching tool in the classroom environment. Business planning is an important skill for pharmacy students and many colleges/schools of pharmacy have required or elective courses on this subject.

Author(s): Glen T. Schumock, Pharm.D., MBA, Ph.D., FCCP; and JoAnn Stubbings, BPharm, MHCA

ISBN: 978-1-932658-96-5, 2013, 304 pages, Softcover

This edition is no longer available. Click here to purchase the latest edition.