Niches help independent pharmacies amid growing chain competition

“Independents that survive today find a niche,” said Nicholas M. Saraniti, chief executive
officer of Commcare Pharmacy, with locations in Fort Lauderdale, West Palm Beach and Miami.
Commcare specializes in prescription drugs. It doesn’t sell novelties or over-the-counter drugs. Its niche also includes dialysis, hepatitis and organ transplant management programs and other services for high-risk patients.
While business is up, profits remain the same. “We’re having to do more to make the same money,” Saraniti said.

Read More Niches help independent pharmacies amid growing chain competition

SENIORS MISLED BY DRUG CARDS

Many independent and specialty pharmacists contend they have lost business from seniors who thought they had to go to the stores listed on their membership cards.
“Absolutely, positively,” said Nicholas Saraniti, owner CommCare Pharmacy in Fort Lauderdale, which specializes in HIV/AIDS medicine. “I hear that time and time again.”

Read More SENIORS MISLED BY DRUG CARDS

Future of specialty pharmacy discussed at Drug Store News’ Specialty Pharmacy Roundtable

Added Nick Saraniti, COO of Commcare Pharmacy, “I think that most Medicaid states will not only be under-funded but will be pushing more Medicaid patients into those programs than we ever had before because part of healthcare reform changes the federal poverty level guidelines of eligibility into those programs.”

Read More Future of specialty pharmacy discussed at Drug Store News’ Specialty Pharmacy Roundtable