Latest / Pharmacy Podcast Network / PRISM Enters the Chat & LTC Insurance in Pharmacy | TWIRx RxRated
Transcript
- 0:33Speaker 1: Hey, there, today's episode. One of our sponsors and a
- 0:39Speaker 1: pretty interesting group which we're going to be doing a
- 0:41Speaker 1: three part series on is the team at prism and
- 0:45Speaker 1: I want you to take a look at this. Go
- 0:47Speaker 1: to get prism rx dot com. Once again, that's get
- 0:51Speaker 1: prism rx dot com. I'd like to welcome the founder
- 0:55Speaker 1: and creator of this amazing system, Mary Cusick, who is
- 1:01Speaker 1: a new friend and somebody that I really look up to.
- 1:04Speaker 1: You're inspiring, Mary, I want to welcome it. Welcome you
- 1:07Speaker 1: to twerks.
- 1:08Speaker 2: Thank you so much for having me.
- 1:11Speaker 1: All right, So, by the way, before we get into
- 1:14Speaker 1: the three part series, I wanted to share something with
- 1:17Speaker 1: our listeners that really inspired me this week in pharmacy.
- 1:21Speaker 1: So let's jump right in. One second.
- 1:24Speaker 2: I'm traveling around rural America to ensure that women have
- 1:27Speaker 2: access to contraception and women's health services.
- 1:31Speaker 3: And here's a couple of.
- 1:32Speaker 4: Things that I find.
- 1:33Speaker 1: One they don't.
- 1:35Speaker 2: Two, domestic violence is on the rise again. Three there's
- 1:40Speaker 2: a lot of drug use going on right now, which
- 1:43Speaker 2: I also think is driving up a domestic violence rate.
- 1:46Speaker 2: So I wanted to make this video for women and
- 1:50Speaker 2: also view users. So ladies, I am trying to reach
- 1:56Speaker 2: different locations. I will be in rural California next in.
- 2:01Speaker 3: A couple of weeks, So see you out there.
- 2:05Speaker 2: To the abusers, I'm coming after you, not like subtly,
- 2:11Speaker 2: not just I'm getting her access to birth control and
- 2:14Speaker 2: to control her life. I'm going to find a way
- 2:17Speaker 2: to come after you.
- 2:19Speaker 4: That is a threat.
- 2:20Speaker 2: Okay.
- 2:24Speaker 1: Like I said, I have four daughters. I want them
- 2:27Speaker 1: to be They're powerful already in their own way, especially
- 2:30Speaker 1: by my youngest Lola, who is extremely gen x like
- 2:34Speaker 1: she it's like she's born from the past to the future.
- 2:39Speaker 1: And when I heard that, I'm like, you know, we
- 2:41Speaker 1: need more intelligent creators, technologists, physicians, pharmacists, nurses to be
- 2:50Speaker 1: coming to the defense of our public through technology and
- 2:54Speaker 1: through standing up for you know, individual healthcare rights. And
- 3:00Speaker 1: so I'm excited to be working with you guys. You
- 3:02Speaker 1: guys are dynamic. Talk to us about this three part
- 3:05Speaker 1: series and why you're so passionate about this.
- 3:08Speaker 2: Well, sorry to anybody that offends anyone about me my
- 3:14Speaker 2: casual threat online, but no, our three part series is
- 3:19Speaker 2: really showcasing PRISM, which is an integrated electronic health record
- 3:24Speaker 2: system designed for pharmacists and this design has really culminated
- 3:32Speaker 2: hundreds of different pharmacy professionals, opinions, feedback, and is backed
- 3:38Speaker 2: by an NIH funded research. So we have been pedaled
- 3:44Speaker 2: to the metal three sixty five trying to get this released,
- 3:49Speaker 2: and we're starting with contraception as the first module or
- 3:58Speaker 2: type of service to be provided within the EHR. Women
- 4:02Speaker 2: have been forgotten and much of the healthcare space for
- 4:06Speaker 2: a really long time, so we thought it was time
- 4:08Speaker 2: that they actually came first on this one.
- 4:12Speaker 1: Give our listeners a quick overview of the system. Listeners,
- 4:17Speaker 1: don't worry. The three part series is going to be
- 4:19Speaker 1: starting soon. Will also be putting this three part series
- 4:23Speaker 1: out on several sites blogs, obviously, through LinkedIn, and through
- 4:28Speaker 1: social media. But Mary talk to us about the platform overall,
- 4:32Speaker 1: just as some highlights.
- 4:34Speaker 3: Yeah.
- 4:34Speaker 2: So, unlike traditional EHRs that were designed realistically for either
- 4:39Speaker 2: physicians or only billing, PRISM kind of combines workflow automation
- 4:46Speaker 2: with clinical guard rails and compliance tools to make it
- 4:50Speaker 2: one seamless platform rather than you having to buy five
- 4:54Speaker 2: or six different Frankenstein solutions and try to put them together.
- 4:59Speaker 3: So it includes the.
- 5:00Speaker 2: Clinical decisions support based on your state laws and the
- 5:04Speaker 2: CDC guidelines and it automates your medical note, your soap note,
- 5:09Speaker 2: and the documentation and it's all hipocompliant, both on your
- 5:14Speaker 2: side as well as the patient portal side to make
- 5:17Speaker 2: sure that you're staying in compliance the whole way through.
- 5:20Speaker 2: It also allows for e prescribing, so just like you
- 5:23Speaker 2: get the E prescriptions through your PMS today, you would
- 5:28Speaker 2: actually prescribe in our system, and then in your PMS
- 5:32Speaker 2: it would come through and you'd see your name as
- 5:34Speaker 2: a prescriber, which is always a lot of fun for
- 5:36Speaker 2: the first time for pharmacists to be able to see.
- 5:38Speaker 2: So prescriptions are automated, you're not having to do duplicate
- 5:41Speaker 2: data entry and multiple different systems that are all communicating individually.
- 5:47Speaker 2: This is interoperability at its finest, built for pharmacists.
- 5:52Speaker 5: Love it.
- 5:52Speaker 1: I love it. Hey listeners, go to get prismarx dot com.
- 5:57Speaker 1: Once again. Let's get prismrx dot com. Mary cannot wait
- 6:01Speaker 1: to start this series. Kickoff the series. Thank you so
- 6:04Speaker 1: much for doing this. Shout out to Devin as well.
- 6:07Speaker 1: Doctor Buston is is their husband wife team, which that
- 6:12Speaker 1: and of itself is so freaking cool and we love
- 6:15Speaker 1: this and we can't get wait to get started.
- 6:17Speaker 3: Thank you so much for having me all.
- 6:19Speaker 1: Right, we'll see us soon soon.
- 6:30Speaker 6: This episode is sponsored by Independent Pharmacy Cooperative, widely known
- 6:34Speaker 6: as IPC. Established in nineteen eighty three, IPC is the
- 6:37Speaker 6: nation's largest group purchasing organization owned by independent pharmacy with
- 6:42Speaker 6: a mission of maximizing the success of community pharmacists. IPC
- 6:46Speaker 6: works to provide members with access to effective programs and
- 6:49Speaker 6: services designed to enhance profitability for independent pharmacy. Read more
- 6:54Speaker 6: about our mission by checking out our website at ipcrx
- 6:58Speaker 6: dot com. That's IPC RX dot com.
- 7:15Speaker 1: Hey, and on this weekend pharmacy, we're talking about lots
- 7:19Speaker 1: of different things. Technology, of course, is always a leading
- 7:23Speaker 1: subject that I love talking about. A shout out to
- 7:27Speaker 1: IPC and their whole system around managing treatment plans for
- 7:35Speaker 1: their patients that go far beyond the dispensing fee. I
- 7:41Speaker 1: want to give a shout out to Clover Health once again,
- 7:44Speaker 1: who has partnered with IPC, the Independent Pharmacy Cooperative. They
- 7:49Speaker 1: made the news this week in Pharmacy and it says
- 7:51Speaker 1: Clover Health c l o V their ticker symbol, launches
- 7:57Speaker 1: a twenty twenty six Medicare Advantage play and it goes
- 8:01Speaker 1: through some of the new features of this plan, and
- 8:04Speaker 1: they're unveiling its Medicare Advantage plan for twenty twenty six
- 8:08Speaker 1: that's going to be emphasizing its commitment to providing affordable
- 8:11Speaker 1: and diverse ppo options for seniors and healthcare providers as
- 8:16Speaker 1: the annual enrollment period begins. And the reason why we're
- 8:19Speaker 1: mentioning Clover Health is because Clover Health has partnered with
- 8:24Speaker 1: the Independent Pharmacy Cooperative, specifically with the I Care Plus
- 8:30Speaker 1: plan system, which is so exciting and I want you
- 8:33Speaker 1: to know about that. I want our pharmacists, our pharmacy owners,
- 8:37Speaker 1: our technicians to know that there are health plans out
- 8:40Speaker 1: there that are very interested in the evolution of how
- 8:44Speaker 1: insurance is going to be managed and the systems inside
- 8:48Speaker 1: pharmacy to really not only track but also make that
- 8:52Speaker 1: information more accessible. I have a special guest today that's
- 8:56Speaker 1: from the world of get coverage in some way life insurance,
- 9:04Speaker 1: long term care insurance. What that means we're all living longer.
- 9:08Speaker 1: We know that these issues for many of your patients
- 9:12Speaker 1: that are out there. So if you're listening and you've
- 9:14Speaker 1: ever wondered how do I dial into more services for
- 9:19Speaker 1: my clients in the realm of long term care insurance
- 9:22Speaker 1: and what does that mean for them in their livelihood
- 9:25Speaker 1: in living longer. I want to invite my friend onto
- 9:28Speaker 1: this week in pharmacy, Michael Banner. I'm so excited to
- 9:31Speaker 1: have you on twerks.
- 9:33Speaker 4: Thank you so much for having me Todd. I'm so
- 9:35Speaker 4: excited to be here.
- 9:37Speaker 1: I'm not going to make you twerks, but if you
- 9:38Speaker 1: want it to twerks, you could. I can't do it,
- 9:41Speaker 1: like my butt's not jiggly enough to get any twerkxing
- 9:45Speaker 1: donees and I wouldn't imagine yours would be either.
- 9:48Speaker 7: Well mine's jiggly enough, but at my age you might
- 9:50Speaker 7: have to down nine one one and have an ambulance
- 9:53Speaker 7: come when I'm done tworking to take me to hospital.
- 9:58Speaker 1: So any big plans for this weekend coming up?
- 10:01Speaker 7: You know, my weekends may sound boring, but they're the
- 10:04Speaker 7: best in the world for a sixty seven year old grandfather.
- 10:08Speaker 7: My three children are old within minutes of me. My
- 10:11Speaker 7: grandchildren obviously same thing. Two of them.
- 10:15Speaker 4: Are in Little League, one is in a travel league.
- 10:17Speaker 7: So my weekends are having Mickey Mouse pancakes and watching
- 10:21Speaker 7: baseball games and probably making videos for sixty two who Knew?
- 10:26Speaker 7: But my weekends are a sixty seven year old poppy.
- 10:30Speaker 7: That's what they call me poppy, because that's what my
- 10:33Speaker 7: children called my father. They're a sixty seven year old
- 10:36Speaker 7: grandfather's dream.
- 10:38Speaker 8: I love it.
- 10:38Speaker 1: I love family and what that means. And let's get
- 10:41Speaker 1: back to the subject today, because I was really interested
- 10:45Speaker 1: in meeting with you and understanding the element of long
- 10:49Speaker 1: term care insurance. I don't know much about it, but
- 10:51Speaker 1: this is something that our independent community pharmacists and pharmacy
- 10:55Speaker 1: owners should know more about and be able to reference
- 11:00Speaker 1: options to their clients in their community, their patients who
- 11:05Speaker 1: know that, hey, I'm at a certain age in life,
- 11:08Speaker 1: I'm going to be needing some kind of assistance or
- 11:12Speaker 1: coverage or whatever. But talk to us a little bit
- 11:14Speaker 1: about what is sixty two Who Knew? And by the way, listeners,
- 11:18Speaker 1: you can go to sixty two the number sixty two
- 11:21Speaker 1: who who Knew? And Knew dot com. It's going to
- 11:26Speaker 1: be in the show notes too. But Michael, give us
- 11:29Speaker 1: an overview of this.
- 11:31Speaker 7: You know, years ago I started a television show on
- 11:33Speaker 7: a small independent internet station because about a year and
- 11:38Speaker 7: a half before COVID, and yeah, I won't say it
- 11:42Speaker 7: was a fluke. I thought about it for a long time,
- 11:44Speaker 7: but I kept reading these articles. It's not like I
- 11:46Speaker 7: created any new and original thing on my own time.
- 11:50Speaker 7: But you know, we're just living walker. I remember, I'm
- 11:54Speaker 7: old enough and I was blessed enough to have my
- 11:56Speaker 7: grandparents in my life, and I remember them, you know,
- 12:01Speaker 7: and they none of them were wealthy, but they did okay,
- 12:04Speaker 7: but you know, they planned on living to be their seventies,
- 12:07Speaker 7: you know. And then of course we had our parents
- 12:09Speaker 7: who most certainly planned for the upper seventies or or
- 12:13Speaker 7: low eighties.
- 12:14Speaker 4: And today, even.
- 12:16Speaker 7: Though if you look up average lifespan it's approximately seventy
- 12:21Speaker 7: six for a man, seventy eight or seventy nine for
- 12:24Speaker 7: a woman, I don't know why it's like that. That's
- 12:27Speaker 7: another episode that we can laugh about why women live longer.
- 12:30Speaker 7: But that is a true statement that that's your average lifespan.
- 12:35Speaker 7: But if you dig a little deeper, if you live
- 12:39Speaker 7: to be sixty two in this country, you have almost
- 12:43Speaker 7: a fifty to fifty shot of making it to ninety.
- 12:47Speaker 7: Now that's when you just think about that, that's thirty years.
- 12:51Speaker 7: That's half the time you've been on this planet. And
- 12:56Speaker 7: the truth is, unless you're in the top five percent
- 13:00Speaker 7: of this country financially and you don't have at least
- 13:04Speaker 7: four or five million in the bank, let alone ten million,
- 13:07Speaker 7: twenty million, this could be a very rough thirty years.
- 13:11Speaker 7: But if you plan it in your forties and fifties,
- 13:16Speaker 7: you can live just like your rich brother in law
- 13:20Speaker 7: or your cousin the high paid attorney, because there are
- 13:23Speaker 7: products out there that'll allow you to plan for this.
- 13:26Speaker 7: And I knew nothing about long term care insurance until
- 13:30Speaker 7: about twenty one years ago. You know, like most people
- 13:34Speaker 7: will get into this industry, it's usually something personal, something personal,
- 13:39Speaker 7: something from the heart.
- 13:40Speaker 4: I had.
- 13:42Speaker 7: Just an unbelievable relationship with my father. I wrote a
- 13:45Speaker 7: book about him, a gift from my father. We were
- 13:48Speaker 7: inseparable from the time I was little till the day
- 13:51Speaker 7: he passed away in the master bedroom. We had a
- 13:54Speaker 7: home together so he could be with his grandchildren, with
- 13:57Speaker 7: two master bedrooms.
- 13:58Speaker 4: Down here in Florida, we call it. The mother in
- 14:00Speaker 4: law was sweet and like a lot of good sons
- 14:06Speaker 4: and daughters. When we discussed who's going to take care
- 14:09Speaker 4: of dad, we lost my way too early to cancer.
- 14:12Speaker 4: You know, Dad looked much longer. I said, well, I'm
- 14:16Speaker 4: the son and we're inseparable. I'm going to take care
- 14:18Speaker 4: of dad.
- 14:19Speaker 7: And I can't tell you how many homes I've been
- 14:21Speaker 7: in or people I've talked to where the daughter goes, no,
- 14:24Speaker 7: I'm taking care of mom and dad or the son
- 14:26Speaker 7: says that, and it's such a warm thought, it really is.
- 14:30Speaker 7: And then as Dad's health started to fail, you know,
- 14:35Speaker 7: around his eightieth birthday, and you know, and I was
- 14:39Speaker 7: just not happy that his health was failing, but so
- 14:42Speaker 7: happy to be there for him. I quickly realized that
- 14:47Speaker 7: being a caretaker to an eighty year old man, you know,
- 14:52Speaker 7: with issues, you know, medical issues, was a lot harder
- 14:56Speaker 7: than I thought. The first time he quite frankly, he
- 15:00Speaker 7: fell down in the shower and he was six foot one,
- 15:02Speaker 7: two hundred and ten pounds. I'm a big guy, but
- 15:05Speaker 7: I had trouble living with me. My son was that
- 15:08Speaker 7: ol the first time, quite frankly, that he had an
- 15:13Speaker 7: accident in bed and I helped him get to his
- 15:16Speaker 7: chair and I was cleaning up, and he looked at
- 15:20Speaker 7: me and I, you know, pardon me if I tear up,
- 15:24Speaker 7: because it's twenty one years ago, but I still remember
- 15:26Speaker 7: this and him looking at me, going, this is not
- 15:29Speaker 7: what I wanted. When we talked about you taking care
- 15:32Speaker 7: of me. I thought we were going to go to
- 15:35Speaker 7: baseball games or go to watch you know, Joshua. That's
- 15:38Speaker 7: his grandson in karate tournament. So Stacy my daughter, his granddaughter.
- 15:44Speaker 7: She was a competitive cheerleader. I didn't think could be.
- 15:48Speaker 7: I'm just going to say it. If you have to
- 15:49Speaker 7: bleep it out, that's fine. Wiping my asss at three
- 15:52Speaker 7: in the morning, this is not what I want at all.
- 15:57Speaker 7: And so that next day we got so I could
- 16:02Speaker 7: be his son in his last portion of life, not
- 16:07Speaker 7: his nurse, and it kind.
- 16:08Speaker 4: Of broke my heart.
- 16:09Speaker 7: I said, are you sure I don't mind doing this
- 16:11Speaker 7: any when I know you don't mind, but I do,
- 16:15Speaker 7: so get help. So we ended up getting help, both
- 16:18Speaker 7: skilled help and unskilled help. And we're going back twenty
- 16:21Speaker 7: one years. Todd and Dad had fantastic insurance. Of course,
- 16:27Speaker 7: he had Medicare. He had an incredible Medicare supplemental policy.
- 16:31Speaker 7: Dad was also a highly decorated war hero from World
- 16:36Speaker 7: War II XPOW, so the VA was giving him staggering
- 16:41Speaker 7: benefits and still to keep my dad safe and healthy.
- 16:46Speaker 7: We were spending about seven thousand a month out of
- 16:49Speaker 7: pocket to keep him happy and healthy at home, which
- 16:55Speaker 7: is the key, not in a facility. And one day
- 16:58Speaker 7: and I we weren't millionaires, but we were in the
- 17:02Speaker 7: mortgage business together and we did well. One day I
- 17:05Speaker 7: said to one of the caretakers, I know I'm not naive.
- 17:08Speaker 7: I mean, I'm sixty seven now, so I was six.
- 17:11Speaker 7: I was forty six back then. What do people do?
- 17:16Speaker 7: They can't afford this? And she looked at me and went, Michael,
- 17:23Speaker 7: your father would use his VA benefits and he would
- 17:26Speaker 7: be in a netic Kaid facility and you wouldn't like
- 17:32Speaker 7: it at all.
- 17:35Speaker 4: And I went wow. And that's when I started learning
- 17:39Speaker 4: about long term care insurance, which is something our financial
- 17:43Speaker 4: planner told.
- 17:44Speaker 7: Me to buy him in his fifties, and I ignored,
- 17:47Speaker 7: what if he never needs it, I'm going.
- 17:49Speaker 4: To take care of him. Oh my god.
- 17:51Speaker 7: All the excuses, but it changed my life, and it
- 17:55Speaker 7: thrust me. Once we lost him May fifth, two five,
- 18:01Speaker 7: I thrust myself from my then mortgage career into long
- 18:05Speaker 7: term care insurance as well, and an helpful.
- 18:08Speaker 4: Lot of people. But it's very misunderstood by so many times.
- 18:13Speaker 1: That's why I'm glad you're here, Michael, because the community
- 18:17Speaker 1: pharmacies which are are now pressed and now we're losing
- 18:24Speaker 1: thousands of community pharmacies because of the shutdowns of rite
- 18:29Speaker 1: Aid is now gone. There's Walgreens that are closing, there's
- 18:33Speaker 1: CBS's that are closing. Sometimes the only pharmacy left is
- 18:37Speaker 1: our independent community pharmacy within their community. They've grown up
- 18:41Speaker 1: in those communities, they've invested in those communities.
- 18:44Speaker 9: So what I and.
- 18:46Speaker 1: These these are hubs. These are hubs of healthcare. They're
- 18:49Speaker 1: people are coming there. They're coming to their independent community pharmacy,
- 18:53Speaker 1: not only for prescription medications, but they're coming from medication
- 18:56Speaker 1: management reviews, durable medical equipment so that they can walk
- 19:01Speaker 1: around or use a one of those high commode contraption
- 19:06Speaker 1: things that fit on your and just over and over
- 19:09Speaker 1: and over again. So what I want to shout out
- 19:12Speaker 1: to our pharmacy owners right now is do you have
- 19:17Speaker 1: a suggestion for people who are coming into your store weekly, monthly.
- 19:24Speaker 1: They see you, they're talking to you. They may be talking.
- 19:27Speaker 1: They may be caring for a parent, they may be
- 19:29Speaker 1: caring for.
- 19:29Speaker 8: A loved one.
- 19:30Speaker 9: At home.
- 19:31Speaker 1: And my question to you pharmacy owners and listeners, do
- 19:36Speaker 1: you understand long term care insurance? Do you understand how
- 19:41Speaker 1: it works? Do you understand where it's best applied. So, Michael,
- 19:45Speaker 1: give our pharmacy owners who are listening right now, what
- 19:48Speaker 1: is long term care insurance and how's it work.
- 19:51Speaker 4: I'm glad to do that.
- 19:52Speaker 7: And also just kudos to your independent pharmacy owners. I
- 19:57Speaker 7: mean again, you know our pharmacies growing up. It was
- 20:02Speaker 7: almost part of the family. He knew my allergies, he
- 20:05Speaker 7: knew my sister's allergies. We walked in and you know,
- 20:08Speaker 7: and just kudos for being an independent pharmacy. Long term
- 20:14Speaker 7: care insurance is exactly what that is and what it says.
- 20:18Speaker 7: It's the ability to have services and this is the
- 20:21Speaker 7: important part come into your home to help take care
- 20:26Speaker 7: of you. So many people think long term care insurance
- 20:29Speaker 7: is nursing home insurance, and that's what most people think,
- 20:33Speaker 7: even professionals, and in reality, it's anti nursing home insurance.
- 20:39Speaker 7: Not that there's anything full with nursing homes, but every statistic,
- 20:43Speaker 7: every medical study, every survey says people live longer at home.
- 20:49Speaker 4: They don't want to go into the home. They want
- 20:52Speaker 4: to stay home.
- 20:53Speaker 7: And unfortunately, the best example, said as it may be,
- 20:57Speaker 7: and I think that's why the world suddenly has long
- 21:00Speaker 7: term care insurance on the tip of their tongue was COVID.
- 21:04Speaker 4: Because the truth of.
- 21:05Speaker 7: The matter is, as as the country went through COVID
- 21:10Speaker 7: together the senior citizens, which were the most demographic, by
- 21:17Speaker 7: losing them by death, you know, the facilities in the
- 21:22Speaker 7: country did what they thought that was right. They closed
- 21:25Speaker 7: the doors, they didn't let anyone in because they didn't
- 21:28Speaker 7: want COVID to come in from the outside. But really,
- 21:31Speaker 7: what they created, and the hindsight is always twenty twenty.
- 21:36Speaker 7: This is not a disrespectful comment. I'm not hurling, you know,
- 21:39Speaker 7: stones from a glass house. But what they did was
- 21:42Speaker 7: they created a Petri dish, and you had mom and
- 21:46Speaker 7: dad and grandma and grandpa dying there and they were
- 21:50Speaker 7: saying goodbye to their children and grandchildren through a glass wall.
- 21:55Speaker 7: And yet the senior citizens, the same age that were
- 21:59Speaker 7: living at home and getting their care at.
- 22:02Speaker 4: Home, they are still with us today.
- 22:05Speaker 7: So COVID kind of proved that you don't want to
- 22:09Speaker 7: go to the home, you want to live in your home. Now,
- 22:12Speaker 7: of course, there's always an exception safety. If you're not
- 22:15Speaker 7: capable of being home, you have to be somewhere with care.
- 22:19Speaker 7: But most people go to the home because that's what
- 22:22Speaker 7: their medicare is going to cover. That's what they're in
- 22:26Speaker 7: limited insurance policy is going to cover. Long term care
- 22:30Speaker 7: insurance brings all those services to your house and allows
- 22:35Speaker 7: you to live at home with your children, with your grandchildren,
- 22:39Speaker 7: close to your children, use your favorite pharmacy, use your
- 22:43Speaker 7: favorite butcher in the supermarket, and all those things make
- 22:47Speaker 7: you live longer. So, in a nutshell, that's what long
- 22:51Speaker 7: term care insurance is. It's the ability to have all
- 22:55Speaker 7: the services you need at home. But it goes a
- 22:59Speaker 7: step further because people think, oh, you know, I'm going
- 23:01Speaker 7: to replace my hip, which everybody does I have yet,
- 23:05Speaker 7: but I will both of them probably, and I'm going
- 23:08Speaker 7: to be home for a few weeks. I'll need long
- 23:11Speaker 7: term care. I can live with that for a few weeks.
- 23:15Speaker 7: But in today's world was scientific and medical breakthroughs, long
- 23:20Speaker 7: term care events can now be for months or years,
- 23:23Speaker 7: and you're living a high quality of life while you're
- 23:26Speaker 7: in this long term care event. And if you're going
- 23:31Speaker 7: to spend your money you're harder in savings. You're going
- 23:35Speaker 7: to be broke very quick even if you're wealthy, let
- 23:38Speaker 7: alone if you're not wealthy. So long term care insurance,
- 23:41Speaker 7: like all insurance, is to protect your wealth or whatever
- 23:45Speaker 7: you have, is to ensure against risk.
- 23:51Speaker 1: Yes, I want to perfect once again, give a shout
- 23:53Speaker 1: out to Happier at Home, which is a DEBI DeBie
- 23:59Speaker 1: Marcella has Marcelo has committed her entire career as a
- 24:04Speaker 1: nurse who came from helping people live longer and be
- 24:09Speaker 1: happier at their homes. Now she formed a franchise that
- 24:12Speaker 1: bolts onto a community pharmacy so that they can make
- 24:17Speaker 1: money in support of people that are at home. There's
- 24:20Speaker 1: a big term in our industry right now, Michael, known
- 24:24Speaker 1: as long term care pharmacy at home, which is continuing
- 24:28Speaker 1: services in the form of remote patient monitoring. It's constant touch,
- 24:34Speaker 1: sometimes daily. And then when you combine that with Happier
- 24:37Speaker 1: at Home, that means that someone's showing up at the
- 24:39Speaker 1: house to do like cleaning, maybe some bathing, checking up
- 24:43Speaker 1: on the individual in person. And when I start cultivating
- 24:48Speaker 1: the perfect mixture of ingredients to prepare our community pharmacies
- 24:54Speaker 1: to build business. Long term care at home or I'm sorry,
- 24:59Speaker 1: long term care insurance is all part of this. This
- 25:01Speaker 1: covers things like facility based care, might be nursing, home
- 25:05Speaker 1: might be assisted living, home based care, skilled nursing coming
- 25:09Speaker 1: into the home, if there needs to be therapy, physical, occupational,
- 25:14Speaker 1: even speech, personal care services, homemaker service is meal prep cleaning.
- 25:19Speaker 1: So a shout out to our pharmacists and pharmacy owners
- 25:23Speaker 1: out there. This is not the same pharmacy business model
- 25:27Speaker 1: that your grandfather or great grandfather or even your dad
- 25:33Speaker 1: or mom has been running. This is evolving, and Michael,
- 25:37Speaker 1: we're getting away from the revenue stream where it's just
- 25:42Speaker 1: a dispensing fee because right now, in our broken system,
- 25:46Speaker 1: based on the greed of the three largest PBMs, the
- 25:49Speaker 1: only way that our community pharmacies are generating revenue is
- 25:53Speaker 1: a flat fee or an adjusted fee onto the prescription,
- 25:57Speaker 1: where you'll say, hey, the ingredients cost is fifty dollars,
- 26:01Speaker 1: and we're going to give you a one dollar dispensing fee,
- 26:05Speaker 1: and then when that goes through the system, sometimes it's negative.
- 26:10Speaker 1: There are prescriptions that go out of a community pharmacy
- 26:14Speaker 1: that if they dispense that and they give it to
- 26:16Speaker 1: the patient put it in their bag and they leave.
- 26:19Speaker 1: They just lost three dollars, they just lost twenty dollars,
- 26:22Speaker 1: They just lost sometimes sixty dollars to fill that prescription
- 26:26Speaker 1: knowing that it's in the best interest of their client
- 26:29Speaker 1: and their patient to stay on those medications, to stay
- 26:32Speaker 1: in that regimen. When I combine this with long term
- 26:35Speaker 1: care pharmacy or long term care insurance, long term care
- 26:40Speaker 1: at home services, remote patient monitoring, Happier at home comes in,
- 26:45Speaker 1: it really gives me options to speak with that individual
- 26:50Speaker 1: and their family to say, what's the best avenue for you,
- 26:54Speaker 1: what's the best system. But the reason why I was
- 26:57Speaker 1: excited that you were coming on the show today was
- 27:00Speaker 1: the shot out to these people that are their forties
- 27:03Speaker 1: and their fifties maybe sixties, that they haven't started a program.
- 27:07Speaker 1: Talk to us about starting as soon as possible, and
- 27:10Speaker 1: the advantage to.
- 27:11Speaker 4: That, yeah, twenties.
- 27:13Speaker 7: And Third, I've actually had people who watched the show
- 27:16Speaker 7: sixty two and you'll go, I'm twenty eight, maybe I
- 27:18Speaker 7: should do it now. No, I didn't mean to scare
- 27:20Speaker 7: you that much. If you have good medical insurance, you
- 27:23Speaker 7: don't need long term care insurance yet. But in your forties, fifties,
- 27:26Speaker 7: and I'm so glad you said sixties because I have friends.
- 27:29Speaker 7: You know, I've said, oh my god, I guess I
- 27:31Speaker 7: missed that boat. And no, we know each other. We
- 27:35Speaker 7: played tennis. You're a non smoker, you don't drink a lot,
- 27:38Speaker 7: you don't have that health issues. Yet you can still
- 27:42Speaker 7: get long term care insurance. I think that's important to
- 27:45Speaker 7: people in their sixties that are listening. Don't go, oh
- 27:48Speaker 7: my god, I missed that boat. He's talking about doing
- 27:51Speaker 7: it fifteen twenty years ago. No, let's talk. There are
- 27:55Speaker 7: products for you. But yes, in your forties and fifties
- 27:58Speaker 7: is when you're healthiest. And guess what, when you buy
- 28:01Speaker 7: any insurance when you're healthy, it's much cheaper and what
- 28:07Speaker 7: a time to lock in a price. And there are
- 28:11Speaker 7: five year pays, ten year pays, fifteen year pays where
- 28:14Speaker 7: you can make hope, you know, you can make payments
- 28:17Speaker 7: on these products, and by the time you get to
- 28:19Speaker 7: your sixties and seventies, it's a paid up policy. Now,
- 28:24Speaker 7: for many, many years, the number one obstacle was, well,
- 28:29Speaker 7: what if I don't need it? I mean, I'm just
- 28:31Speaker 7: going to pick a number. I'm paying three hundred dollars
- 28:34Speaker 7: a month for fifteen years. That's tens of thousands of dollars.
- 28:40Speaker 7: And then I just get hit by a car or
- 28:42Speaker 7: I have a heart attack and I die. Oh my god,
- 28:45Speaker 7: what a waste of tens of thousands of dollars. Well,
- 28:48Speaker 7: the long term care insurance industry heard those reasons, and
- 28:51Speaker 7: now are products, which are called hybrid products, allow people
- 28:57Speaker 7: to buy life insurance with a long term care insurance writer,
- 29:04Speaker 7: or an annuity that pays them a monthly interest check
- 29:09Speaker 7: with a long term care insurance writer.
- 29:11Speaker 4: So it's no longer just if I get sick I
- 29:15Speaker 4: need it.
- 29:16Speaker 7: Now let's just say somebody you know buys a half
- 29:21Speaker 7: a million dollar life insurance policy, which in their forties
- 29:24Speaker 7: you know, is not that expensive, but there is a
- 29:27Speaker 7: multiple of that life insurance that goes towards long term
- 29:32Speaker 7: care in their.
- 29:32Speaker 4: Seventies and eighties.
- 29:34Speaker 7: But oh my god, I never needed it and I died.
- 29:37Speaker 7: What happened to that money? Your children got a half
- 29:40Speaker 7: a million dollars in depth benefit, by the way, tax free,
- 29:44Speaker 7: because all life insurance is tax rate. So these hybrid
- 29:48Speaker 7: products where you can buy life insurance or an annuity.
- 29:52Speaker 7: If you have an annuity sitting somewhere making acts, and
- 29:55Speaker 7: let's face it, it's finally paying some money, you know, Todd.
- 29:59Speaker 7: Finally the markets have come back and people are complaining
- 30:02Speaker 7: about high grates for mortgages.
- 30:04Speaker 4: I do many mortgages for my senior clients.
- 30:06Speaker 7: Well, when they were really low, you weren't making any
- 30:10Speaker 7: money on your CDs and your annuities.
- 30:12Speaker 4: Again, you can't have it both ways.
- 30:14Speaker 7: But if you have one hundred thousand dollars annuity and
- 30:18Speaker 7: it's making you act when it comes time to renew that,
- 30:23Speaker 7: it's time to look at the renewing that annuity with
- 30:26Speaker 7: a long term care insurance option. It's literally not costing
- 30:30Speaker 7: you anything. But when you're eighty two years old and
- 30:35Speaker 7: you need six thousand dollars a month in long term care,
- 30:40Speaker 7: boy does it mean something.
- 30:41Speaker 5: Then.
- 30:41Speaker 7: So again, the younger you do it, the better. But
- 30:46Speaker 7: I guess my record right now is sixty eight. I
- 30:49Speaker 7: did do a great long term care insurance policy several
- 30:52Speaker 7: months ago for somebody sixty eight. But oh my god,
- 30:56Speaker 7: he was a year older than me, and he looked
- 30:58Speaker 7: like my younger brother. I mean, I was, you know,
- 31:00Speaker 7: I was embarrassed. He ran every day, he did everything
- 31:04Speaker 7: I run to dinner. You know.
- 31:05Speaker 1: That's that's how I run the dinner.
- 31:07Speaker 4: It's just you know.
- 31:09Speaker 7: And the only thing I'll add is the longer life
- 31:12Speaker 7: spans have come from the staggering and it's nothing short
- 31:18Speaker 7: of staggering medical and scientific breakthroughs of the last generation.
- 31:24Speaker 7: I mean, I got shots when I was a kid
- 31:26Speaker 7: for certain diseases that my children never got and that
- 31:30Speaker 7: my grandchildren have never heard of. But when I'm hearing
- 31:34Speaker 7: from the scientific community, and I'd like you to know,
- 31:37Speaker 7: opine on this, is that the improvements that are coming
- 31:41Speaker 7: in the next ten or twenty years make the last
- 31:45Speaker 7: ten or twenty years look like Fred Flynn's stuff. That
- 31:49Speaker 7: we're going to be that I had a medical expert
- 31:52Speaker 7: from the from an institute in Israel, one of the
- 31:57Speaker 7: number one medical institute is Israel, in Israel in the planet,
- 32:02Speaker 7: and who said, Michael, how old are your grandchildren? And
- 32:05Speaker 7: when I told them, he said, Michael, your children, your
- 32:08Speaker 7: grandchildren will be playing tennis or pickleball in the heat
- 32:14Speaker 7: of summer in Florida when they are one hundred years old.
- 32:19Speaker 7: That's what's just years away in medical advancements. So long
- 32:24Speaker 7: term care insurance is going to become an absolute key
- 32:29Speaker 7: part of us living longer and having quality of life.
- 32:34Speaker 1: Hey, we'll be right back for some questions and answers
- 32:38Speaker 1: with Michael and also connections with him here on twerks,
- 32:42Speaker 1: one second.
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- 33:03Speaker 10: to get started. If you have excess inventory or medications
- 33:06Speaker 10: nearing expiration, selling is simple. Just scan the square, set
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- 33:39Speaker 10: our X today. It's free to join fast and puts
- 33:42Speaker 10: your pharmacy first.
- 33:50Speaker 1: Medicare open enrollment begins today unless here.
- 33:53Speaker 2: There are a lot of changes that applicants need to
- 33:56Speaker 2: know about our Saquon is live in Saint Paul talking
- 33:59Speaker 2: about these Medicare advantage plans bringing down what people need
- 34:02Speaker 2: to know good morning.
- 34:03Speaker 3: To say, hey, good morning to you.
- 34:05Speaker 11: Well, we know over one hundred and fifty thousand people
- 34:08Speaker 11: here in Minnesota are now going to need to look
- 34:11Speaker 11: at some new coverage options due to some of those
- 34:13Speaker 11: big changes coming, which I'll break down here in just
- 34:15Speaker 11: a second. But we also know actually in just less
- 34:18Speaker 11: than two hours here, a Senate committee is going to
- 34:20Speaker 11: be hearing directly from consumers along with insurance and health
- 34:23Speaker 11: experts on how those changes coming to the insurance market
- 34:26Speaker 11: are going to be affecting Minnesotans.
- 34:28Speaker 8: So as you look.
- 34:29Speaker 11: Around at some of those options during this enrollment period,
- 34:31Speaker 11: it's also important that you know exactly what you're looking for.
- 34:35Speaker 11: Let's start with some of those big changes. Though, we
- 34:37Speaker 11: know several major health insurance companies are getting ready to
- 34:40Speaker 11: scale back on their Medicare coverage by limiting it to
- 34:43Speaker 11: select counties or canceling those plans altogether. Now that is
- 34:47Speaker 11: the case for Minneapolis based you Care, which announced recently
- 34:50Speaker 11: that it is dropping Medicare advantage next year. Now, there
- 34:54Speaker 11: are two parts that can be included in what's known
- 34:56Speaker 11: as original Medicare. Part A covers things like hospital or
- 35:00Speaker 11: in patient care, and you also don't have to be
- 35:02Speaker 11: a network. You don't have to pay any premiums for this.
- 35:05Speaker 1: But there are deductibles and copays.
- 35:07Speaker 11: Part B, on the other hand, covers doctor services and
- 35:10Speaker 11: medical supplies. This one does require you to pay a
- 35:13Speaker 11: monthly premium. Neither part, however, covers prescription drugs, but those
- 35:17Speaker 11: costs are covered through the Medicare Advantage plan, which is
- 35:21Speaker 11: entirely different from original Medicare. Stick with me here. With
- 35:24Speaker 11: Medicare Advantage, you must already be enrolled in original Medicare
- 35:28Speaker 11: or Parts A and B, and you need to be
- 35:30Speaker 11: in network unless it is an emergency. This plan also
- 35:33Speaker 11: has limits on out of pocket costs on like A
- 35:35Speaker 11: and B. This open enrollment period runs through December seventh.
- 35:39Speaker 11: If you are looking to change your plan, and for
- 35:41Speaker 11: those of you who are losing your plan, you have
- 35:43Speaker 11: until December thirty. First, I know this is very complex,
- 35:47Speaker 11: so if you are looking for some extra guidance here,
- 35:48Speaker 11: you can always call one eight hundred Medicare, or you
- 35:51Speaker 11: can contact Minnesota Aging Pathways formerly and better known as
- 35:55Speaker 11: Senior Linkage. We also have a bunch of information on
- 35:58Speaker 11: our website right now, including the answer to some of
- 36:00Speaker 11: your most frequently asked questions regarding all things medicare. You
- 36:04Speaker 11: can check that out on our website right now. Foxnine
- 36:06Speaker 11: dot com guys back to you.
- 36:08Speaker 1: So that's a good example, Michael, of just the basics.
- 36:12Speaker 1: And I didn't hear anyone mention the need to invest
- 36:16Speaker 1: in a long term care policy. That would fill in
- 36:20Speaker 1: the blanks, and sometimes those blanks can be astronomical depending
- 36:24Speaker 1: on the situation. So let's give some guidance to our listeners,
- 36:29Speaker 1: our pharmacy owners, what steps can they take to engage
- 36:33Speaker 1: with you to have references. I know you're in the
- 36:37Speaker 1: Tampa area, shout out to one of my favorite pharmacies
- 36:41Speaker 1: down there called Palm's Pharmacy. We're gonna have to get
- 36:44Speaker 1: you connected with Shahida. But give us, give our our listeners,
- 36:49Speaker 1: give our pharmacy owners some guidance as to what steps
- 36:52Speaker 1: they can take to informing and educating their their community
- 36:56Speaker 1: about long term care insurance.
- 37:00Speaker 7: You say that, well, the easiest way, of course, would
- 37:02Speaker 7: be a go to our website www. Dot sixty two
- 37:05Speaker 7: new dot com and just click on the long term
- 37:08Speaker 7: care insurance link. Not only will you get a free
- 37:11Speaker 7: guide about long term care insurance. But you know, we
- 37:15Speaker 7: will have literally it might be me, but it might not,
- 37:19Speaker 7: but a national expert in your area. That was just Minnesota.
- 37:25Speaker 7: You know, Medicare and Medicaid rules are different on different states.
- 37:29Speaker 7: It's not going to be Mike Banner in Tampa calling
- 37:31Speaker 7: a Minnesota client of one of your pharmacies, but it
- 37:35Speaker 7: will be a Minnesotan long term care insurance expert. So
- 37:40Speaker 7: go to our website, click on long term care insurance
- 37:45Speaker 7: and we we'll and we'll contact you as quickly as possible.
- 37:48Speaker 7: The other thing I'm going to say, also, you know
- 37:50Speaker 7: again because we are in open enrollment season starting today.
- 37:55Speaker 7: And I take this quote from Tom Hegner, who was
- 37:58Speaker 7: just on our podcast. It was the number one speaker
- 38:01Speaker 7: on annuities, number one annuity authority in North America, Tom
- 38:06Speaker 7: Hegner agg NA. And one of the things he always says,
- 38:10Speaker 7: and it's so true, retirement is not to do it yourself.
- 38:13Speaker 4: Think.
- 38:14Speaker 7: I have so many friends that go, oh yeah, I know,
- 38:16Speaker 7: there's about twenty five or thirty different Medicare plans. I
- 38:20Speaker 7: went online last night and I researched them all, and
- 38:23Speaker 7: I go, what I'm doing this twenty years and I
- 38:26Speaker 7: don't even know a quarter of them. You research them all, Yeah,
- 38:30Speaker 7: and I picked one. Use an expert. Like all insurance,
- 38:37Speaker 7: it doesn't cost you anything. And again I'll repay you.
- 38:40Speaker 7: Right back to www. Sixty two in new dot com,
- 38:44Speaker 7: click on the link Medicare Nation and you will be
- 38:48Speaker 7: able to speak directly to Miss Diane Daniels, the founder
- 38:52Speaker 7: of Medicare Nation and a nationally well known speaker on
- 38:57Speaker 7: all things medicare. And if she helps you get your Medicare,
- 39:02Speaker 7: the carrier pays her, not you. She knows all twenty
- 39:07Speaker 7: five policies you don't like. Tom Hegner always says retirement
- 39:13Speaker 7: is not a do it yourself project. Use experts. So
- 39:18Speaker 7: to all your pharmacies out there, please you know, direct people.
- 39:22Speaker 4: If not to sixty two anew somewhere this is.
- 39:26Speaker 7: This would be like them coming in with a prescription
- 39:28Speaker 7: to your pharmacy and having the pharmacist go, you know what,
- 39:32Speaker 7: I'm gonna take a lunch.
- 39:32Speaker 4: Come back here, make your own medicine.
- 39:35Speaker 7: No, don't do that, right and again, think about that
- 39:38Speaker 7: long term care insurance in your forties and fifties. If
- 39:41Speaker 7: you're in your thirties, let's start thinking about it for
- 39:44Speaker 7: mom and dad, and if you're in your sixties, even seventies,
- 39:47Speaker 7: maybe it's not too late.
- 39:50Speaker 1: Awesome, Michael, this has been great. Appreciate you being on
- 39:54Speaker 1: twerks today. We want to ask that you come back
- 39:57Speaker 1: sometime and let's get a panel discussion going with some
- 40:00Speaker 1: pharmacy owners who have on both sides that have patients
- 40:04Speaker 1: and have clients that use a long term care insurance
- 40:08Speaker 1: benefit and the benefits that that provided them. And then
- 40:12Speaker 1: the other side is the pharmacy owners who really don't
- 40:16Speaker 1: have a program set up that they should to really
- 40:18Speaker 1: help to fill in these big gaps sometimes for people
- 40:22Speaker 1: that want to stay in their home or they want
- 40:25Speaker 1: to have care, and there's ways to do this, and
- 40:28Speaker 1: like I said, I mentioned all the puzzle pieces that
- 40:30Speaker 1: we can build together and customize for these people. But Michael,
- 40:34Speaker 1: this has been special. Thanks for being on twerks.
- 40:37Speaker 4: Thank you so much for the opportunity.
- 41:01Speaker 1: Hey, welcome back to twerk's exciting day here as we're
- 41:04Speaker 1: preparing for the NCPA in New Orleans. If you're going
- 41:08Speaker 1: to the National Community Pharmacist Association, it's the super Bowl
- 41:13Speaker 1: the independent Community Pharmacy. I always think of things in
- 41:17Speaker 1: football right now. I'm excited about this season. Not a
- 41:21Speaker 1: good day here on Friday, October seventeenth for the Pittsburgh
- 41:25Speaker 1: Steelers and their loss to the Bengals. Not cool, guys.
- 41:29Speaker 1: If you could lose to teams outside of our division,
- 41:32Speaker 1: that's kind of the better loss if you have to
- 41:35Speaker 1: have a loss. Hey, we have a lot going on,
- 41:37Speaker 1: But before we get into our next segment, I want
- 41:40Speaker 1: to welcome a friend of mine, someone who's taught me
- 41:42Speaker 1: a lot about the business of pharmacy, and an entrepreneur
- 41:47Speaker 1: who has built an incredible organization tied into the independent
- 41:53Speaker 1: community pharmacy sector and the success of pharmacy owners, the
- 41:57Speaker 1: original the Og Farm see Badass Doctor Lisa Fast. Welcome
- 42:02Speaker 1: to Twerks.
- 42:04Speaker 3: Thank you, Todd. And I gotta say I don't have
- 42:07Speaker 3: any skin in the game between the Steelers and the Bengals,
- 42:09Speaker 3: but since my best friend and right hand woman, Heather
- 42:12Speaker 3: Harrow is a diehard Bengals team, I'm gonna have to
- 42:15Speaker 3: kind of go with her on this one. And it
- 42:17Speaker 3: was a good week for the Bengals.
- 42:19Speaker 1: It really was. They pulled it out. I was watching
- 42:21Speaker 1: the beginning of the game and thought, oh yeah, we
- 42:23Speaker 1: got this and then no we don't come. Yeah, I'm
- 42:29Speaker 1: excited to have you here. You haven't been on twerksin sometime.
- 42:32Speaker 1: That's definitely both of our faults with the lives that
- 42:36Speaker 1: we that we lead. Between now and March twenty eighth,
- 42:41Speaker 1: you and I and a bunch of different people that
- 42:44Speaker 1: are part of the super Bowl of charging your pharmacy
- 42:49Speaker 1: up through profits, the Pharmacy Profits Summit. I'm excited about
- 42:52Speaker 1: this one. This is going to be the biggest one ever.
- 42:55Speaker 1: You shared some news with me about, you know, the
- 42:58Speaker 1: size of the opportunity of not having the constraints, and
- 43:02Speaker 1: I'm excitedly so talk to us about pharmacy profits some
- 43:06Speaker 1: at twenty twenty six.
- 43:08Speaker 3: You know, I just I love putting together this show.
- 43:12Speaker 3: I will, I will say selfishly, I put it together
- 43:15Speaker 3: for like what I want. I mean, I'm still a
- 43:17Speaker 3: pharmacy owner. I own two pharmacies. Not only do I
- 43:20Speaker 3: work with hundreds of pharmacies in pharmacy Badass University, you know.
- 43:23Speaker 3: But this is still the life that I live daily,
- 43:25Speaker 3: and so I spend a lot of time and effort
- 43:28Speaker 3: also going to other industry events. So I tend a
- 43:30Speaker 3: lot of marketing events and a lot of other healthcare
- 43:32Speaker 3: professional events, and that's where I just I gather. It's
- 43:36Speaker 3: almost like I feel like I'm a little gatherer of people,
- 43:38Speaker 3: and I find people that are outside of our world
- 43:41Speaker 3: that are just doing amazing things and transforming lives in
- 43:44Speaker 3: their own space and bring them back to pharmacy along
- 43:48Speaker 3: with just One of my favorite things is to get
- 43:51Speaker 3: pharmacy owners on stage for the very first time. And
- 43:54Speaker 3: so I have a long record of doing that with
- 43:57Speaker 3: pharmacy owners that just become amazing people like Adam Robinson
- 44:01Speaker 3: for example, and you know, and and so anyways, yes,
- 44:05Speaker 3: we moved properties. We were at the Wonderful Omni for
- 44:07Speaker 3: the last several years, but we just we were outgrowing it.
- 44:10Speaker 3: We sold out every year, We couldn't fit in any
- 44:12Speaker 3: more exhibitors, couldn't fit in more attendees, and so we
- 44:15Speaker 3: have moved over to the Hilton Anatole, which means we
- 44:19Speaker 3: have wide open spaces and we have a great Western
- 44:23Speaker 3: theme this year, even though we're in Dallas, it's actually
- 44:26Speaker 3: the first time we're having a little fun with cowboys
- 44:29Speaker 3: and you know western, So it's definitely gonna be fun.
- 44:33Speaker 3: But for me, a summit, you know, if you're a
- 44:36Speaker 3: pharmacy owner, a pharmacy employee, taking time away from your
- 44:40Speaker 3: pharmacy is just one of the most costly things you
- 44:44Speaker 3: can do. And it's not necessarily monetary costs, but the energy,
- 44:48Speaker 3: the time, the the worry, right, you know, it's like,
- 44:51Speaker 3: is everything going to be okay when I'm gone? Plus
- 44:53Speaker 3: the money, right, plus you know, the hotel and the
- 44:55Speaker 3: airfare and whatnot. And so for me putting together a
- 44:59Speaker 3: game buster show for pharmacy owners that makes it not
- 45:03Speaker 3: only worth their while just a little bit, but like
- 45:06Speaker 3: over an abundance worth their while, And so our content
- 45:09Speaker 3: this year is just I mean, I get goose books
- 45:11Speaker 3: right now, just even talking about it like it is
- 45:13Speaker 3: going to be life changing, business changing, you know, That's
- 45:18Speaker 3: what I'm all about. I'm you know, I'm on a
- 45:20Speaker 3: mission to save independent pharmacy, and I think one of
- 45:22Speaker 3: the best ways to do that and help pharmacy owners
- 45:24Speaker 3: love owning their pharmacy again is helping them create a
- 45:27Speaker 3: pharmacy that's continuously profitable, right, not just profitable for what's
- 45:31Speaker 3: going on this month, because we all know, you know,
- 45:34Speaker 3: no two days stay the same in pharmacy, so you
- 45:36Speaker 3: need systems and structures that are going to keep you
- 45:38Speaker 3: profitable now, next month, next year, in the next decade.
- 45:42Speaker 3: And so that's really what we're all about. And so
- 45:44Speaker 3: I don't think there's any show of that's put together
- 45:48Speaker 3: the types of things both from inside pharmacy and outside
- 45:50Speaker 3: pharmacy that's going to have that kind of impact. And
- 45:53Speaker 3: so I'm super excited about this. I get to talk
- 45:56Speaker 3: with these speakers and work with them for almost a
- 45:58Speaker 3: year before, like I now and whatnot, and they're just
- 46:01Speaker 3: they've changed my life already and I know they're going
- 46:05Speaker 3: to change be life changing for you. I think one
- 46:08Speaker 3: of the biggest impact. And also he's the most like
- 46:11Speaker 3: under the radar. He's right there on your screen that
- 46:14Speaker 3: you're showing Bradley James Davies. He calls himself a professional listener,
- 46:20Speaker 3: and you would think, oh listening, like, hey, I'm a
- 46:22Speaker 3: healthcare professional, Like I do that pretty good. And man,
- 46:27Speaker 3: just having this new friendship with him and talking with him,
- 46:32Speaker 3: he has already changed my life, just as making me
- 46:36Speaker 3: aware of how poor I was listening before and how
- 46:41Speaker 3: critical it is not just for improving your business and
- 46:44Speaker 3: improving your bottom line, but improving all the relationships in
- 46:48Speaker 3: your life, and I think that's the one that's subtly.
- 46:50Speaker 3: I think there's a lot more sexy sounding speakers, you know,
- 46:54Speaker 3: AI AI bots, delegation and you know that kind of stuff.
- 46:57Speaker 3: But I think when people leave the two at the summit,
- 47:01Speaker 3: they're going to be They're going to point back to
- 47:03Speaker 3: to Bradley's and be like that was the one that
- 47:06Speaker 3: was like mind blowing because the skills that he's going
- 47:09Speaker 3: to give you can literally apply to any aspect of
- 47:12Speaker 3: your life. And I thought I was a good listener,
- 47:15Speaker 3: you know, like it was one of those things. But
- 47:17Speaker 3: it's like you didn't know the measuring stick. And so
- 47:19Speaker 3: once once I learned what that measuring stick was, I
- 47:22Speaker 3: was like, wow, I can get better. So life has
- 47:26Speaker 3: definitely changed since becoming friends with Bradley.
- 47:29Speaker 1: It's incredible. This conference has come such a long way.
- 47:33Speaker 1: It'll be the eighth of Pharmacy Profit's Summit for twenty
- 47:37Speaker 1: twenty six. This is just an incredible time of coming together.
- 47:41Speaker 1: The energy at this conference is so high that it's
- 47:45Speaker 1: exhausting afterwards. I need kind of a couple of days,
- 47:48Speaker 1: as I'm sure that you do, to recover from it.
- 47:51Speaker 1: But I'm a shout out to our pharmacy owners, pharmacy operators,
- 47:54Speaker 1: people that want to expand build other pharmacies, build other models,
- 47:59Speaker 1: come to this. It's a workshop, it's it's an inclusive
- 48:04Speaker 1: eni environment as well as when we take the breaks
- 48:06Speaker 1: we go out to the exhibitors. It's a fusion of ideas.
- 48:10Speaker 1: It's people taking what's happening on stage and then coming
- 48:13Speaker 1: into the networking through the exhibits and coming together and
- 48:16Speaker 1: speaking about it. But then going to an exhibitor or
- 48:20Speaker 1: a technology provider or someone's going to be there that's
- 48:23Speaker 1: going to help you actually build that and then talk
- 48:26Speaker 1: about what the next steps are. So when you get
- 48:28Speaker 1: back to your pharmacy on March thirtieth, you are ready
- 48:32Speaker 1: to implement something that's not only going to change your business,
- 48:35Speaker 1: but like Lisa said, it's going to change help to
- 48:37Speaker 1: change your community and strengthen your community. And this is
- 48:41Speaker 1: during a time where pharmacists start collapsing everywhere, including some
- 48:45Speaker 1: of the news that's coming out of you know, the
- 48:47Speaker 1: ending of the very last remnants of write aid. So
- 48:51Speaker 1: this is this is the time.
- 48:54Speaker 3: Yeah, And to that point of implementation, you know, it's
- 48:57Speaker 3: a good thing to go to a show and have
- 48:58Speaker 3: some of that you know teams Barrett and Raw Raw.
- 49:02Speaker 3: I'm not necessarily I'm not against that in any way,
- 49:04Speaker 3: shape or form, but fundamentally, I'm about changing pharmacies for
- 49:08Speaker 3: the better, and I don't think any other pharmacy show
- 49:10Speaker 3: does this. But we obviously provide support for our members,
- 49:15Speaker 3: but we also provide support for attendees. We actually have
- 49:18Speaker 3: a structure for you know, you don't have to be
- 49:20Speaker 3: a member of Pharmacy Badast University, but we offer every
- 49:23Speaker 3: attendee coaching calls with with our coach Mic. We offer
- 49:26Speaker 3: group sessions post summit. We want to support you. That
- 49:29Speaker 3: stuff happens for ninety days after the summit to be
- 49:33Speaker 3: able to help you to implement. Now, obviously you get
- 49:35Speaker 3: a lot more as a Pharmacy Badist University member, but
- 49:38Speaker 3: we don't want you to just buy a ticket and
- 49:39Speaker 3: come for a fantastic two days. I mean, yes, that's great,
- 49:42Speaker 3: but if you don't change anything in your pharmacy after
- 49:45Speaker 3: coming to my show, I feel like I failed and
- 49:48Speaker 3: that's a crappy feeling. And so we started doing this
- 49:51Speaker 3: because I don't want to feel crappy. It was purely selfish.
- 49:54Speaker 3: I want to feel good that people come to our
- 49:56Speaker 3: show and then actually go out and do things and
- 49:58Speaker 3: change things. And so not only do we present them
- 50:01Speaker 3: in a way that they're easy to implement, but we
- 50:04Speaker 3: also provide the structure to help keep you, you know, accountable,
- 50:08Speaker 3: to help you do those changes.
- 50:10Speaker 1: Awesome, that's awesome. I'm excited, excited to be there and
- 50:14Speaker 1: excited to be back. And what's the location. It's the the.
- 50:20Speaker 3: Hilton Anatole, so still in Dallas, so still easy to
- 50:23Speaker 3: fly in the two airports. We've got it as a
- 50:27Speaker 3: Saturday Sunday this year, so you could fly in Friday
- 50:30Speaker 3: night or even early Saturday morning, depending on you know
- 50:32Speaker 3: where you're at, fly home Sunday night, and that way
- 50:36Speaker 3: it's minimal time away from your business, minimal time away
- 50:39Speaker 3: from from family. And so yeah, I'm really excited that
- 50:42Speaker 3: we were able to get that Saturday Sunday schedule because
- 50:45Speaker 3: I think it just makes it easier for pharmacy owners
- 50:47Speaker 3: to attend. But yeah, Hilton Anatole so new property, which
- 50:51Speaker 3: is going to just mean we have lots of extra
- 50:53Speaker 3: space and lots of extra things that we can do
- 50:56Speaker 3: that we've kind of just been districted in the last
- 50:58Speaker 3: couple of years.
- 50:59Speaker 1: It's good news, Lisa. It's amazing to see this thing
- 51:02Speaker 1: exploding like it is and growing, and it's meticulously growing.
- 51:06Speaker 1: It's not like you just do things, I know how.
- 51:09Speaker 1: It's your pharmacists brain that you're always looking back on
- 51:12Speaker 1: what you did to not only improve upon, but be
- 51:15Speaker 1: strategic about it. That spills over into the client too,
- 51:18Speaker 1: and it's practicing what you preach and it's practicing what
- 51:22Speaker 1: you're doing all the time as a pharmacy owner. Yourself.
- 51:25Speaker 1: So excited about this. Thank you so much for being
- 51:29Speaker 1: on twerks today and listen to works listeners. This week
- 51:32Speaker 1: in Pharmacy, we're going to have people that are part
- 51:35Speaker 1: of the Pharmacy Profits Summit come on the show to
- 51:38Speaker 1: kind of give us a progression of some of the
- 51:41Speaker 1: additional things that Pharmacy Profits Summit is going to cover.
- 51:45Speaker 1: Once again, if you haven't attended, you have a special
- 51:48Speaker 1: going on. But it's for sign ups or something you
- 51:51Speaker 1: said first time attendees, right, right, Lisa.
- 51:53Speaker 2: Yeah.
- 51:54Speaker 3: So, Well, for our Pharmacy Badass University members, they get
- 51:58Speaker 3: a discount on Pharmacy Profits at tickets. We actually have
- 52:01Speaker 3: an entire discount program of over forty partners where we
- 52:05Speaker 3: have discounts for Pharmacy Badass University members and you get
- 52:09Speaker 3: the discount even at the lowest basic level membership, which
- 52:13Speaker 3: is one hundred dollars a month. So we have people
- 52:15Speaker 3: who join basic level membership just for the discounts. You know,
- 52:19Speaker 3: they don't even have to pay attention to the revenue
- 52:21Speaker 3: generating ideas. Of course I recommend you do. But the
- 52:25Speaker 3: discounts for themselves pay for themselves. And so if you
- 52:27Speaker 3: want to come to the summit, you can instantly make
- 52:30Speaker 3: your money back by joining membership at the one hundred
- 52:33Speaker 3: dollars level, and you automatically make double that back because
- 52:36Speaker 3: you save at least two hundred dollars depending on when
- 52:38Speaker 3: you buy your ticket as a member. So if you
- 52:41Speaker 3: want the lowest price summit ticket along with saving money
- 52:44Speaker 3: in a bunch of other areas for your pharmacy, joining
- 52:47Speaker 3: Pharmacy Badass University at the basic level membership is an
- 52:50Speaker 3: absolute no brainer.
- 52:52Speaker 1: That's awesome, excellent, all right, you heard it here. Check
- 52:56Speaker 1: it out. If you're driving, if you're doing something you
- 52:59Speaker 1: can't use your don't worry. There's going to be a
- 53:01Speaker 1: link to this event in the show notes. Be on
- 53:05Speaker 1: the lookout for more information coming to this Week in
- 53:08Speaker 1: Pharmacy about the Pharmacy Profits Summit. Lisa, it's so good
- 53:11Speaker 1: to catch up with you. Will I be seeing you
- 53:13Speaker 1: in New Orleans?
- 53:14Speaker 3: Yep, I will be there, flying in. I'll be there
- 53:16Speaker 3: all day Sunday and most of day Monday. But yeah,
- 53:19Speaker 3: mom has water polo stuff.
- 53:21Speaker 1: So yeah, holy col your SONA is an Olympic staging.
- 53:28Speaker 3: He hopes to be. He hopes to be so, but
- 53:31Speaker 3: he's got him. He's got to do his duties and
- 53:33Speaker 3: make it up through the rinks. But yeah, he was
- 53:34Speaker 3: actually just got I'll brag for a moment. He got
- 53:37Speaker 3: best goalie in the in his district for the for
- 53:39Speaker 3: the year. So those awards just came out, so we're
- 53:43Speaker 3: proud of him.
- 53:43Speaker 1: That's incredible. I was a swimmer all through high school.
- 53:46Speaker 1: Started when I was in eighth grade competitively, but I
- 53:49Speaker 1: was in swim team before that point, and when we
- 53:53Speaker 1: used to just do pickup game polo stuff. That was
- 53:58Speaker 1: a great way of our coach would make us do
- 54:00Speaker 1: it as a way of training for being able to swim,
- 54:05Speaker 1: especially for the longer distances. That's a whole other level
- 54:10Speaker 1: of swimming in an exhaustion when you're playing water polo.
- 54:13Speaker 1: That's crazy, it is.
- 54:14Speaker 3: It is one of the most difficult sports. Of course,
- 54:17Speaker 3: we've become a love at arbit so.
- 54:20Speaker 1: Incredible. All right, we will see you in New Orleans
- 54:23Speaker 1: and Lisa, thanks for being on twerks.
- 54:26Speaker 3: Thanks for having me. See you soon.
- 54:31Speaker 6: Feeling lost with the complexities of pharmacy accounting.
- 54:34Speaker 12: In pharmacy today, there's so many different variables and issues
- 54:39Speaker 12: that impact the pharmacy, books, records, accounting, the profitabilities, so
- 54:43Speaker 12: so forth. There's different components of pharmacy that have its
- 54:46Speaker 12: own nuances from an accounting standpoint, and so it's tricky,
- 54:50Speaker 12: there's no doubt about it.
- 54:51Speaker 6: Ready to take your pharmacy to the next level, but
- 54:54Speaker 6: don't know where to start. PSYCHX and Company is here
- 54:57Speaker 6: to help, introducing the RX Assessment. With the RX Assessment,
- 55:01Speaker 6: the pharmacy CPAs and advisors at PSYKES will do a
- 55:04Speaker 6: deep dive into your accounting and tax situation and give
- 55:08Speaker 6: you the action steps you need to take to take
- 55:10Speaker 6: your pharmacy to the next level.
- 55:12Speaker 12: If you're interested in, you know, working with a team
- 55:15Speaker 12: who understands the industry and how the accounting and tax
- 55:19Speaker 12: should really be in a pharmacy. This is this is
- 55:22Speaker 12: your chance to get under the hood check of what's
- 55:25Speaker 12: going on and getting the feedback of any issues or
- 55:28Speaker 12: concerns or again things we think are doing really well.
- 55:30Speaker 6: With get the financial check up your pharmacy needs and
- 55:33Speaker 6: head over to Sykes HYPHENCPA dot com or call two
- 55:37Speaker 6: five to two four eight two seven six four four.
- 55:52Speaker 1: Hey, And on this week in Pharmacy, we have a
- 55:55Speaker 1: special segment coming out of news. We had a lot
- 55:59Speaker 1: going on. I don't want to talk about some of
- 56:01Speaker 1: the news, and I held back on some of the
- 56:04Speaker 1: clips that I wanted to share with you because of
- 56:07Speaker 1: this crew that's coming on next. Not sure if you've
- 56:10Speaker 1: heard of these guys, but this is the crew that's
- 56:13Speaker 1: running the r X rated podcast. I'm so excited to
- 56:18Speaker 1: be featuring them. I want you to check check them
- 56:20Speaker 1: out at r X rated I'm sorry Rated our X
- 56:24Speaker 1: podcast that's rated our X podcast, and and and follow
- 56:31Speaker 1: them subscribe. They have some hilarious episodes. And without further ado,
- 56:37Speaker 1: I'd like to bring the r X rated crew, the
- 56:41Speaker 1: Rated RX crew. I got to get that in line
- 56:45Speaker 1: because of my original Rated RX or our X Rated podcast.
- 56:50Speaker 1: So I'm fumbling with that, Robbie.
- 56:52Speaker 9: It's all right, it's tricky.
- 56:54Speaker 8: I get it, man, It's okay. It's it's hard to
- 56:56Speaker 8: READAPT so I forgive you Todd. It's okay. Well, hey guys,
- 57:02Speaker 8: thanks for having us. We're really excited to be tuning
- 57:05Speaker 8: into torks this week. I'm Robbie Bossy. I'm here with
- 57:10Speaker 8: Sam Lona and Xavier Hill. As part of our show,
- 57:14Speaker 8: we like to just sort of embrace pharmacy culture, talk
- 57:17Speaker 8: about big concepts, talk about funny things. But today I
- 57:21Speaker 8: think we're going to keep it a little serious for
- 57:23Speaker 8: you guys, and with one of our segments called the
- 57:25Speaker 8: Weekly Way In, Sam, please take it away, all.
- 57:30Speaker 13: Right, thank you Todd. Thanks for the intro here. So
- 57:34Speaker 13: we have a weekly weigh in, a little clip we
- 57:37Speaker 13: like to do on little questions that get sent into us.
- 57:41Speaker 13: People want to know pharmacy stuff. So this week looks
- 57:44Speaker 13: like we're talking kind of about pharmacy school and ideas
- 57:48Speaker 13: of pharmacy coming up. So the question is here, what
- 57:52Speaker 13: misconceptions did you have about pharmacy career paths, either clinical, community, industry,
- 57:57Speaker 13: anything along those lines when enter or during pharmacy school
- 58:03Speaker 13: While we started.
- 58:04Speaker 8: So.
- 58:06Speaker 9: Any initial thoughts that came to mind.
- 58:08Speaker 14: For you, guys, Rob, you want to lead it off, Yes,
- 58:13Speaker 14: as far as misconceptions go, I guess I never really
- 58:16Speaker 14: understood what industry meant when it came to pharmacy.
- 58:20Speaker 8: I had friends who you know, did fellowships and stuff
- 58:23Speaker 8: like that, but I still didn't really understand. Tilly were
- 58:26Speaker 8: in the thick of it, and I realized, oh, hey,
- 58:27Speaker 8: this is more research based stuff. But as far as
- 58:30Speaker 8: like other misconceptions, your grades, I'll start with that. It
- 58:35Speaker 8: is very important to get good grades while you're in
- 58:37Speaker 8: pharmacy school, and it's something I still obsess about. Today
- 58:40Speaker 8: I'm taking a Japanese course and I was actually just
- 58:42Speaker 8: complaining to Todd about this about you know, still like
- 58:45Speaker 8: wine to learn and still wind to get a's even
- 58:48Speaker 8: though it doesn't really matter anymore. But even after pharmacy school,
- 58:51Speaker 8: after you pass your residency, if it's something you want
- 58:56Speaker 8: to do, it doesn't really matter. And even to get
- 58:58Speaker 8: into a residency, that's where it's most important. But once
- 59:01Speaker 8: you graduate, I haven't had any employeer say what was
- 59:05Speaker 8: your GPA, or have it anywhere on an application that
- 59:07Speaker 8: says what's your GBA. So I can assure you guys,
- 59:11Speaker 8: after you graduate is a lot better and a lot easier.
- 59:14Speaker 8: So just keep your grades before you can, but know
- 59:16Speaker 8: that no one cares when you're done with school, thankfully.
- 59:21Speaker 13: Yeah, I remember my last rotation having that thought of like,
- 59:25Speaker 13: I don't really care about what this grade is, Like
- 59:27Speaker 13: I'm more at this point just trying to learn as
- 59:30Speaker 13: much as I can, like I want this knowledge and
- 59:33Speaker 13: getting a little bit in trouble because like I wasn't
- 59:35Speaker 13: doing what the preceptor wanted because it's just like this
- 59:37Speaker 13: is just busy work. I don't care, like I'm trying
- 59:39Speaker 13: to learn this cool stuff that you guys do.
- 59:42Speaker 9: I don't care about this grade.
- 59:44Speaker 13: And so trying to hit that same kind of realization
- 59:47Speaker 13: that you were talking about on those grades.
- 59:51Speaker 8: What do you think about residencies though? Do you hear
- 59:54Speaker 8: that a lot at all doing residencies.
- 59:58Speaker 9: And grades needed for it.
- 1:00:00Speaker 8: I mean, just like needing to do residency after school.
- 1:00:03Speaker 13: So my my first thought on this question just related
- 1:00:07Speaker 13: to that was I'm pretty sure it was in Tilman's class,
- 1:00:10Speaker 13: So something that we were doing and that first year
- 1:00:14Speaker 13: always hearing about residencies and like this is kind of
- 1:00:17Speaker 13: like not necessarily what you're looking for, but they just
- 1:00:19Speaker 13: keep bringing it up over and over and what this
- 1:00:21Speaker 13: thing is and wanted to do this and you know
- 1:00:24Speaker 13: whatever to get into this specific resident you want, you
- 1:00:27Speaker 13: want Cardio, you got to do this. And I remember
- 1:00:30Speaker 13: writing in some response being like, okay, like I guess
- 1:00:34Speaker 13: I need to go into residency. Like I didn't realize
- 1:00:37Speaker 13: that going in here, but I guess this is how
- 1:00:41Speaker 13: you have to proceed to be a pharmacist. And I'm
- 1:00:43Speaker 13: pretty sure was Tilman, and you know, bless her Heart
- 1:00:45Speaker 13: was just you know, responded back to it in the
- 1:00:47Speaker 13: in the message, just like like I understand, like that's
- 1:00:50Speaker 13: what it sounds like. But believe me, there most people
- 1:00:54Speaker 13: are not you know, in residencies or community It's completely fine.
- 1:00:57Speaker 13: It's where you know most people and like there's no
- 1:01:01Speaker 13: issue with that. And so it felt that kind of swing,
- 1:01:05Speaker 13: being like I guess you have to be the top
- 1:01:07Speaker 13: ten percent of your class or else you're completely useless,
- 1:01:11Speaker 13: and then Tilman being like, no, that is not true.
- 1:01:15Speaker 13: That is not how this works, and going through that transition. Luckily,
- 1:01:21Speaker 13: I think it was our p one year, so you know,
- 1:01:22Speaker 13: there wasn't too much of that stress going on.
- 1:01:26Speaker 8: Yeah. Another thing that has a big misconception as well
- 1:01:30Speaker 8: is I remember going through the skills labs and they
- 1:01:33Speaker 8: had all these mock patient counseling sessions where you had
- 1:01:36Speaker 8: to say so much, make sure you hit all these points,
- 1:01:39Speaker 8: and why I was very grateful or it made me
- 1:01:41Speaker 8: comfortable talking to patients. Realistically, you don't have that much
- 1:01:45Speaker 8: time to talk about all that stuff. I mean, in
- 1:01:47Speaker 8: my sitting, I am a little luckier because I'm like
- 1:01:49Speaker 8: in a hospital and it's literally my job to make
- 1:01:52Speaker 8: sure they understand and go. But when I was in community,
- 1:01:56Speaker 8: people didn't care. They just wanted to know, like, hey,
- 1:01:58Speaker 8: do I take that with food? Do I not take
- 1:01:59Speaker 8: that with food? And they be on their merry way. So,
- 1:02:01Speaker 8: because you have like a million things, you're juggling, So
- 1:02:04Speaker 8: I think while you're in school, spend time learning everything,
- 1:02:07Speaker 8: learning the side effects, learning the main counseling points. You
- 1:02:10Speaker 8: should know these things. They're going to ask you these things,
- 1:02:13Speaker 8: but you might not have time to discuss all these things.
- 1:02:15Speaker 8: So it's very important to know how you know how
- 1:02:18Speaker 8: to manage your time and then give the patient what
- 1:02:21Speaker 8: they want, what they need at the time, but don't don't.
- 1:02:24Speaker 8: Don't beat yourself up if they don't want to hear
- 1:02:26Speaker 8: everything you got to say. So just that's a big
- 1:02:28Speaker 8: misconception I think I realized out of school pretty quickly.
- 1:02:34Speaker 5: Yeah. Yeah, it's a lot to like a lot of
- 1:02:38Speaker 5: stuff we don't know about pharmacy going in, especially as
- 1:02:41Speaker 5: a student. If you weren't exposed to it, you probably
- 1:02:43Speaker 5: didn't know a lot. I know me, I originally wanted
- 1:02:47Speaker 5: to do community or independent pharmacy because it's all I knew.
- 1:02:51Speaker 5: And I recently went home this past weekend and I
- 1:02:53Speaker 5: went home to look for my Pokemon car.
- 1:02:55Speaker 4: Well, I went home from home coming.
- 1:02:57Speaker 8: I heard Pokemon cards. I wear Pokemon cars.
- 1:03:00Speaker 5: I had some own my cards, and I was like,
- 1:03:02Speaker 5: I wonder myself, I'm going home from homecoming.
- 1:03:04Speaker 4: I wonder if I still have those.
- 1:03:05Speaker 5: I couldn't find them, but I did find a old
- 1:03:08Speaker 5: journal what I had to write essays and for English class.
- 1:03:12Speaker 5: So back in twenty ten, tenth grade, I found a
- 1:03:15Speaker 5: journal article or essay for my English class, and it
- 1:03:19Speaker 5: was like, where do you see yourself.
- 1:03:21Speaker 4: In twenty years?
- 1:03:22Speaker 5: And I literally wrote out my entire life right now
- 1:03:26Speaker 5: as it is. Money is the hospital for me. But
- 1:03:28Speaker 5: I was like, I'm going to be a pharmacist and
- 1:03:31Speaker 5: I'm going to own several pharmacies all around the world.
- 1:03:36Speaker 5: I just I really thought I was going to be
- 1:03:38Speaker 5: an independent pharmacy owner and it just have pharmacies all
- 1:03:41Speaker 5: over and be a billionaire by now. That didn't quite
- 1:03:44Speaker 5: work out, but I.
- 1:03:45Speaker 9: Did more years.
- 1:03:46Speaker 5: I did become a farm a few more years. Right,
- 1:03:48Speaker 5: maybe with the podcast we'll take over. But I did
- 1:03:52Speaker 5: actually become a pharmacist because at that time, I didn't
- 1:03:55Speaker 5: know that pharmacy was so diverse. I didn't know they
- 1:03:58Speaker 5: had industry pharmacy. You can go into the hospital, you
- 1:04:02Speaker 5: can be a public health pharmacist, manage care compound, and
- 1:04:05Speaker 5: I didn't know all that existed. I just thought it
- 1:04:07Speaker 5: was just regular community pharmacy. You come, get your maids,
- 1:04:10Speaker 5: give them to you, put it in the bag, and
- 1:04:12Speaker 5: give you on your way. So it was really cool
- 1:04:15Speaker 5: to look back and see like what I thought pharmacy
- 1:04:18Speaker 5: was at that time. So after going through pharmacy school,
- 1:04:21Speaker 5: you know, I did different rotations and tried out different things.
- 1:04:23Speaker 5: I really fell in love with the impatient hospital side
- 1:04:26Speaker 5: of pharmacy, where you could work with the doctors and
- 1:04:30Speaker 5: talk with the nurses and really do more high level
- 1:04:33Speaker 5: stuff and manage hepher drips and dose complex antibiotics. I
- 1:04:39Speaker 5: really enjoyed that part of it. And yeah, it was
- 1:04:44Speaker 5: totally different than what I expected. So it's probably a
- 1:04:49Speaker 5: lot of misconceptions out there and toil you really get
- 1:04:50Speaker 5: into it or really do your research on it and
- 1:04:52Speaker 5: figure out what it's all about.
- 1:04:55Speaker 8: That's so hilarious to say that, because I also wanted
- 1:04:58Speaker 8: to own a pharmacy, and I initially did my PGUY
- 1:05:01Speaker 8: one in community pharmacy, and I selected this pharmacy because
- 1:05:05Speaker 8: or this PGUY one because they were like when I interviewed,
- 1:05:09Speaker 8: They're like, yeah, we'll teach you had to run a pharmacy.
- 1:05:11Speaker 8: You'll feel good, you feel competent. And I was so excited.
- 1:05:14Speaker 8: And I remember like my first day actually meeting now
- 1:05:16Speaker 8: with the residency director, but the director of pharmacy who
- 1:05:19Speaker 8: was in charge of like twenty some stores. I remember him.
- 1:05:22Speaker 8: He looked at me and he said, do you really
- 1:05:24Speaker 8: think you're going to be making a lot of money
- 1:05:26Speaker 8: owning a store? And I was like, what do you mean? Like,
- 1:05:29Speaker 8: I want to own a pharmacy. I want to be
- 1:05:30Speaker 8: my own boss. He's like no, I think you might, Yeah,
- 1:05:34Speaker 8: like your mine's going to be different by the time
- 1:05:36Speaker 8: it's done here, And so I was like, okay, So
- 1:05:38Speaker 8: I clearly I had a misconception as a student here,
- 1:05:42Speaker 8: and while the residency was great at prepared me. But
- 1:05:45Speaker 8: I eventually became a manager at independent store, where now
- 1:05:48Speaker 8: I got to see all the bills and transactions, the
- 1:05:51Speaker 8: things that I couldn't see as a pharmacy resident. And
- 1:05:54Speaker 8: I remember hearing the owners complaining about, you know, not
- 1:05:56Speaker 8: getting enough money money these kickbacks, like oh, or what
- 1:06:00Speaker 8: are we gonna have to cut We're gonna have to
- 1:06:01Speaker 8: cut hours every thinking to myself like I don't want
- 1:06:04Speaker 8: to do this, this is a nightmare. I don't want
- 1:06:06Speaker 8: to be worried about like can I keep the lights
- 1:06:08Speaker 8: on this month? Or how much? And they sold alcohol there,
- 1:06:11Speaker 8: so beer, but how much beer am I going to sell?
- 1:06:13Speaker 8: So I could, you know, just be afford to buy
- 1:06:16Speaker 8: something expensive medication to keep it on the shelf when
- 1:06:19Speaker 8: it's needed. And that's when I learned real quick, like
- 1:06:22Speaker 8: you know what, I don't know if this ownership thing
- 1:06:24Speaker 8: is for me. I'd like to pursue it, but unfortunately
- 1:06:27Speaker 8: it's just you know, as we talked another episodes, it's
- 1:06:30Speaker 8: sort of controlled by these big corporations in PBMs that
- 1:06:34Speaker 8: play a little foul and dirty. So thank god I'm
- 1:06:38Speaker 8: somewhere else now, but definitely a lot of misconceptions. Yes, Todd,
- 1:06:42Speaker 8: you've got some feelings on that. I heard someone say, boom,
- 1:06:45Speaker 8: is that you taught?
- 1:06:46Speaker 1: Yeah it was, well that was actually Sam booing, But.
- 1:06:49Speaker 8: I oh Sam booing.
- 1:06:50Speaker 1: I agreed to with them the bane of the bane
- 1:06:54Speaker 1: of our farmers. The industry is the three biggest PBMs,
- 1:06:58Speaker 1: controlling a two percent of all the prescriptions. It's crazy,
- 1:07:05Speaker 1: it's just crazy. But hey, talking about the future. And
- 1:07:09Speaker 1: I have a chance to meet with WVU Pharmacy P
- 1:07:14Speaker 1: three shout out to the P three class, so w
- 1:07:18Speaker 1: but I go down there and talk with them, and
- 1:07:21Speaker 1: you know, it's a tough love presentation where I'm talking
- 1:07:25Speaker 1: about what's really happening in the trenches of specialty, community
- 1:07:29Speaker 1: hospital system, entrepreneurship, artificial intelligence, impact policy, politics, wokeness. Just
- 1:07:38Speaker 1: I kind of like roll it all up into the
- 1:07:41Speaker 1: real world and we have a ball. It's been my
- 1:07:44Speaker 1: fourth time to share with them and get a lot
- 1:07:48Speaker 1: of information that they might not get from someone who's
- 1:07:52Speaker 1: been you know, twenty two years now observing what's happening
- 1:07:57Speaker 1: to our profession and how pharmacists are, pharmacist roles are
- 1:08:01Speaker 1: are changing, and your imagination, leverage of of of of
- 1:08:07Speaker 1: chat EPT and the use of AI to assist you
- 1:08:11Speaker 1: and acceleration of data and study. I mean, it's a
- 1:08:15Speaker 1: it's a new age and being a pharmacist, but it's not.
- 1:08:20Speaker 1: It's not an I don't see it as a negative.
- 1:08:22Speaker 1: I see it as as reinventing what the pharmacist was
- 1:08:26Speaker 1: kind of always supposed to be and in driving things
- 1:08:29Speaker 1: without it always having to be connected to a to
- 1:08:32Speaker 1: a dispensing fee. I think it. I think pharmacists in
- 1:08:36Speaker 1: the in my living future, I got twenty five thirty
- 1:08:41Speaker 1: years left in work, and I think I'm going to
- 1:08:43Speaker 1: see it when pharmacists are primarily paid as as providers
- 1:08:48Speaker 1: and clinicians and in not by the dispensing fee. I
- 1:08:51Speaker 1: think the dispensing fee model has run its course.
- 1:08:55Speaker 13: Yeah, definly with the PBMs going right now, that's just squeezing.
- 1:08:59Speaker 9: That more and more. Sure that Robbie was talking.
- 1:09:02Speaker 8: About, Yeah, another misconception and I'm so glad you brought
- 1:09:06Speaker 8: this up is AI. You know, I hear a lot,
- 1:09:08Speaker 8: especially online, like is AI got to take over your job?
- 1:09:11Speaker 8: And I know we had this conversation about this and
- 1:09:14Speaker 8: the episode that you featured on our show, Todd, But
- 1:09:18Speaker 8: you know, speaking as someone who works in the career
- 1:09:21Speaker 8: actively using AI, I think we're all guilty of this.
- 1:09:24Speaker 8: Sometimes you're doing a CE and you're like, I don't
- 1:09:26Speaker 8: know the freaking answer to this, and you know, you
- 1:09:28Speaker 8: pop it in, just get an explanation, and I'll still
- 1:09:31Speaker 8: get the anthing in the gang question wrong. So I'm
- 1:09:34Speaker 8: just like, Okay, clearly AI isn't getting this clinical sense
- 1:09:38Speaker 8: that I'm not getting either, So I don't know if
- 1:09:40Speaker 8: that's a good thing, neither of us getting it at
- 1:09:42Speaker 8: the time. But but it can't. It can't do that job.
- 1:09:45Speaker 8: So I wish as a student though, I did have
- 1:09:48Speaker 8: AI available, not in a sense to like, you know,
- 1:09:51Speaker 8: like cheat and get answers and write my papers, but
- 1:09:54Speaker 8: now I use it to help me study and do ces.
- 1:09:56Speaker 8: Like I can't tell you how many times I just
- 1:09:58Speaker 8: I'll take the PowerPoint that's just like this big old
- 1:10:01Speaker 8: file a, pop it in and say, can you organize
- 1:10:03Speaker 8: this for me? This? You know, and it spits out
- 1:10:05Speaker 8: a study guide for me, and I wish I had
- 1:10:07Speaker 8: that because I can't tell you how many late nights
- 1:10:09Speaker 8: I spent organizing it the way that I that uh
- 1:10:13Speaker 8: still didn't make sense to me. So I don't have
- 1:10:16Speaker 8: the best handwriting. So I wish I had ACHE at
- 1:10:18Speaker 8: the time.
- 1:10:19Speaker 4: Yeah, I would have.
- 1:10:20Speaker 5: I would have definitely used the AI to to study.
- 1:10:23Speaker 9: For sure.
- 1:10:23Speaker 5: I would have had it like, all right, quiz me,
- 1:10:25Speaker 5: ask me, like, here's my here's my here's my questions.
- 1:10:28Speaker 5: Quiz me, and I would have been going through it
- 1:10:30Speaker 5: like how can I get this right? The next time
- 1:10:33Speaker 5: I got it wrong, let me know, And I would
- 1:10:35Speaker 5: I would have been running my bull up for sure.
- 1:10:39Speaker 8: Yeah. Yeah, Well I don't know, man, if it's quizzing
- 1:10:42Speaker 8: you and it's still wrong, I don't know if you
- 1:10:44Speaker 8: could trust it.
- 1:10:45Speaker 5: I use the correct information, like you know, yeah, like
- 1:10:48Speaker 5: give it this screenshot from the book or something.
- 1:10:50Speaker 2: You know.
- 1:10:51Speaker 8: I haven't spoon feed you information. I think that's the
- 1:10:53Speaker 8: best way to use it. Haven't spoon feeding organizer information.
- 1:10:57Speaker 13: But it's getting there. It's getting there for you. So
- 1:11:01Speaker 13: then for rotations or I guess in general, anything that
- 1:11:05Speaker 13: you guys had that an instance, moments assignments that made
- 1:11:11Speaker 13: a difference for you. For these students, that might have
- 1:11:15Speaker 13: also been a misconception versus being didactic versus your more
- 1:11:19Speaker 13: clinical experience as you use.
- 1:11:24Speaker 8: I think that one rotation that stood out to me,
- 1:11:27Speaker 8: and this was actually something I was considering as opposed
- 1:11:31Speaker 8: to doing community is what I'm actually doing now working
- 1:11:35Speaker 8: in mental health. So I remember doing this rotation and
- 1:11:39Speaker 8: everyone's saying like, Oh, it's really cool, but we have
- 1:11:41Speaker 8: to be very, very careful. You're working in public health,
- 1:11:43Speaker 8: you know, you worry about your public health, but a
- 1:11:46Speaker 8: psychiatry you get to worry about your safety. And there
- 1:11:49Speaker 8: were some times it did feel a little maybe scary,
- 1:11:52Speaker 8: but it was such a good, meaningful rotation because I
- 1:11:55Speaker 8: got to see people come in disheveled at their worst
- 1:11:59Speaker 8: and leave like at their baseline best self, and that
- 1:12:03Speaker 8: was just such a rewarding experience and that was something
- 1:12:06Speaker 8: I wanted to pursue. But in my head at the time,
- 1:12:09Speaker 8: I was like, no, I want to do community pharmacy
- 1:12:11Speaker 8: and I want to own my own pharmacy, and so
- 1:12:14Speaker 8: I was a little hell bents on that. And it's
- 1:12:15Speaker 8: just so funny how life works, because I got that
- 1:12:19Speaker 8: experience and inspired me and that's what I'm doing today.
- 1:12:22Speaker 8: So my little tidbit for students is really engage in
- 1:12:26Speaker 8: your rotations.
- 1:12:28Speaker 5: There.
- 1:12:28Speaker 8: You might have your one set goal to do one
- 1:12:31Speaker 8: thing and life might take you a different way. You
- 1:12:34Speaker 8: already have your experience doing it prior and you have
- 1:12:37Speaker 8: some sort of sense of what you have to do
- 1:12:39Speaker 8: to make that permanent. So really enjoy those experiences, do
- 1:12:42Speaker 8: as many as you can, and yeah, just go from
- 1:12:45Speaker 8: there and go grow.
- 1:12:48Speaker 5: Nice nice.
- 1:12:49Speaker 3: Yeah, I totally agree with that, Robert.
- 1:12:50Speaker 5: Just really need experiencing it and kind of go from there.
- 1:12:54Speaker 5: For me, A big mix misconception from going from the
- 1:12:59Speaker 5: classroom to clinical rotations or go into your job is
- 1:13:04Speaker 5: the communication. You think the time and communication right, So
- 1:13:07Speaker 5: you think you have time to sit and go over
- 1:13:11Speaker 5: this whole article or present this whole presentation to the
- 1:13:14Speaker 5: doctor or the doctor like, all right, give it to
- 1:13:15Speaker 5: me in ten seconds. Tell me what you want me
- 1:13:18Speaker 5: to know in ten seconds, Like, they don't want you
- 1:13:20Speaker 5: to sit there and talk to my life. So you
- 1:13:21Speaker 5: have to figure out how to communicate effectively and deliver
- 1:13:25Speaker 5: the information.
- 1:13:26Speaker 4: And same thing with the patience.
- 1:13:27Speaker 5: You have to be able to deliver all the knowledge
- 1:13:29Speaker 5: that you have and like, you know, break it down,
- 1:13:32Speaker 5: down it down for to a way that they can
- 1:13:34Speaker 5: absorb it so they can understand what to do with
- 1:13:37Speaker 5: their medications, side effects of their medications, how to take
- 1:13:39Speaker 5: their medications, and also do it in a decent small
- 1:13:43Speaker 5: amount of time.
- 1:13:44Speaker 4: Sometimes they don't want to sit there for counseling for
- 1:13:45Speaker 4: thirty minutes.
- 1:13:46Speaker 5: They got to go, you know, pick up the kids
- 1:13:48Speaker 5: from school or something, go take care of their grandmother
- 1:13:50Speaker 5: or something. So like, you have to be able to
- 1:13:52Speaker 5: communicate and deliver all your information in a small amount
- 1:13:56Speaker 5: of time and efficiently once you get out of the
- 1:13:59Speaker 5: clas into the actual practical sitting. So it's something that
- 1:14:04Speaker 5: can be a misconception that you have enough time to
- 1:14:06Speaker 5: actually just deliver a large amount of information.
- 1:14:11Speaker 9: Yeah, times limited for sure.
- 1:14:14Speaker 13: I guess mine related to that communication is maybe the
- 1:14:19Speaker 13: first time realizing, you know, you you can really only
- 1:14:22Speaker 13: control what you can control, and the patients are.
- 1:14:25Speaker 9: Going to do what they they want, and you know
- 1:14:28Speaker 9: they're not going to listen. They're not going to listen
- 1:14:30Speaker 9: to you on some things.
- 1:14:31Speaker 13: And what came to mind was being being in hospital
- 1:14:34Speaker 13: and essentially someone leaving against medical advice or medical care,
- 1:14:38Speaker 13: and you know, they were pretty serious, had a serious
- 1:14:41Speaker 13: bacterial infection. They didn't want to be treated. The whole
- 1:14:45Speaker 13: team going down to the front and like the U
- 1:14:48Speaker 13: turn in front of the hospital and trying to like
- 1:14:50Speaker 13: talk to him and you know, the resident, the the
- 1:14:53Speaker 13: attendee and all there, and and you know, I was
- 1:14:56Speaker 13: like standing further back, but they're like, you you have
- 1:14:58Speaker 13: to take these antibac too, have to stay here, like
- 1:15:00Speaker 13: you're not going to make it for you know, in
- 1:15:03Speaker 13: the next week or two. And him in a wheelchair
- 1:15:06Speaker 13: pretty much rolled down the end of the block, like wouldn't.
- 1:15:09Speaker 9: Listen to him.
- 1:15:10Speaker 13: Finally the family came over and their minivan to load
- 1:15:13Speaker 13: him up, but he was just adamant.
- 1:15:14Speaker 9: It's like, no, I am, I'm going home. I'm not
- 1:15:17Speaker 9: doing this.
- 1:15:18Speaker 13: And regardless of how good the medicine was, how well
- 1:15:22Speaker 13: you know, the team was able to decide what what
- 1:15:25Speaker 13: they needed, how to help them, at the end of
- 1:15:27Speaker 13: the day, patient didn't want it.
- 1:15:29Speaker 9: Patient wanted to go home. And that's what happened.
- 1:15:32Speaker 13: And I think realizing that you can only do so
- 1:15:35Speaker 13: much and you got to be at some point, you
- 1:15:37Speaker 13: got to be okay, with that that it's not it's
- 1:15:39Speaker 13: not on you for that for that situation.
- 1:15:42Speaker 8: I think guy just wanted to die in his bed, honestly,
- 1:15:45Speaker 8: like like that sort of thing. It's like because there
- 1:15:47Speaker 8: are a lot of emotions that go on when you're sick,
- 1:15:49Speaker 8: and you're just like, no, I will not die in
- 1:15:51Speaker 8: this hospital. I will die in my bed. So part
- 1:15:54Speaker 8: of me wonders, man, part of me does wonder or
- 1:15:58Speaker 8: you just want to go home the dog.
- 1:16:03Speaker 1: I want to die in my bed making love to
- 1:16:05Speaker 1: my wife.
- 1:16:10Speaker 9: That's all I want to You can.
- 1:16:12Speaker 8: Make that happen anytime, talk if you think about it.
- 1:16:16Speaker 1: But I'm not old enough, like I want to be
- 1:16:18Speaker 1: like one hundred and something like.
- 1:16:19Speaker 8: That doesn't have to be. It could be an accident.
- 1:16:22Speaker 8: An accident you gotta get.
- 1:16:28Speaker 1: I want to shift gears on you guys, because something's
- 1:16:30Speaker 1: been bothering me this week and it started with this post.
- 1:16:34Speaker 1: So I'm gonna bring this up from uh from Instagram.
- 1:16:38Speaker 8: Oh it's me.
- 1:16:40Speaker 1: What's up you talking about? Are horrible, absolutely horrible political
- 1:16:47Speaker 1: climate that has impacted healthcare way way, way, way way
- 1:16:51Speaker 1: too much, in my opinion, and how it's gotten like
- 1:16:55Speaker 1: that based on the sickness that is social media. As
- 1:17:00Speaker 1: wonderful as social media is, it's also you know, it's
- 1:17:04Speaker 1: also in some ways very horrible and it just it
- 1:17:08Speaker 1: and and so there was a there was a follow
- 1:17:10Speaker 1: up post around this subject of politics from a very
- 1:17:15Speaker 1: good friend of mine who is known. His name is
- 1:17:18Speaker 1: Matthew Zachary. He's the founder and a cancer survivor of
- 1:17:23Speaker 1: Cancer Sucks, and he now runs a podcast, enormous podcast
- 1:17:27Speaker 1: to hundreds of thousands of listeners called Out of Patience
- 1:17:31Speaker 1: with Matthew Zachary. And he posted on LinkedIn a really
- 1:17:36Speaker 1: good post that goes down into the whole element of
- 1:17:40Speaker 1: why in the world are we experiencing measles again at
- 1:17:45Speaker 1: a time when it was supposed to have been eradicated.
- 1:17:48Speaker 1: And when you start drilling down in through the data,
- 1:17:51Speaker 1: you find out that people are not you know, vaccinating
- 1:17:55Speaker 1: their their children for for measles, and it's it's like
- 1:17:59Speaker 1: it's popped its own head up again. And I think
- 1:18:01Speaker 1: that that and of itself in twenty twenty five is
- 1:18:06Speaker 1: absolutely horrific and it shouldn't even be a thing. And
- 1:18:11Speaker 1: it frustrates me now with that if someone's to listen
- 1:18:15Speaker 1: to this that section of my of my rant. They
- 1:18:18Speaker 1: may think, oh, yeah, this guy's you know, uh, he's woke,
- 1:18:22Speaker 1: and you know he's all liberal and he's.
- 1:18:24Speaker 9: Really why, why is good health policy woke?
- 1:18:28Speaker 8: That doesn't make any sense. It's such a stupid labeling.
- 1:18:31Speaker 8: It's so dumb. This is what I hate about politics. Sorry, Tom.
- 1:18:33Speaker 8: It just really grinds my gear that a good health
- 1:18:35Speaker 8: policy is a woke policy.
- 1:18:38Speaker 1: It's not. So the post is I made a comment.
- 1:18:42Speaker 1: I called out, and it upseted some people, but I
- 1:18:45Speaker 1: called out the system and whatever we call the system,
- 1:18:48Speaker 1: the system lost the public's trust. It wasn't the public
- 1:18:53Speaker 1: that's all to blame for this. It's not it's not
- 1:18:56Speaker 1: Joe Rogan, it's not Donald Trump. It's not it's not
- 1:19:00Speaker 1: it's a it's a cultivation of ranting and of cancel
- 1:19:06Speaker 1: culture and all this stuff that has kind of bubbled
- 1:19:10Speaker 1: up to the unfortunate of where we are today. And
- 1:19:14Speaker 1: I want healthcare providers to call the system out and say,
- 1:19:20Speaker 1: during the pandemic or during this time when the opioid
- 1:19:23Speaker 1: epidemic was having, the systems, the FDA, the CDC, these
- 1:19:29Speaker 1: organizations that are supposed to protect public health betrayed public
- 1:19:34Speaker 1: health to make money or to advance an initiative, and
- 1:19:38Speaker 1: sure enough, the public's trust started to disintegrate. And then
- 1:19:42Speaker 1: of course you pour gasoline on that with social media
- 1:19:45Speaker 1: and with you know, crazy HHS directors that don't have
- 1:19:50Speaker 1: PhDs and are an MD or you know that are
- 1:19:53Speaker 1: running the whole country's health and human services. And I'm
- 1:19:56Speaker 1: standing there kind of in the middle of it all,
- 1:19:59Speaker 1: like I'm not on the this crazy radical side, and
- 1:20:02Speaker 1: I'm not on way on this you know this, and
- 1:20:04Speaker 1: I'm standing where I think the majority of everybody is
- 1:20:07Speaker 1: standing kind of in the in the middle of it
- 1:20:09Speaker 1: all and saying like this is really really fed up,
- 1:20:13Speaker 1: like it's really jacked up.
- 1:20:16Speaker 4: I totally agree.
- 1:20:18Speaker 13: Yeah, I think people people got hurt. I mean, you know,
- 1:20:21Speaker 13: you can you can say or point to one thing.
- 1:20:23Speaker 13: It's like, you know, scientifically, yes, this is wrong, but
- 1:20:26Speaker 13: obviously there's a lot of people there listening and believing,
- 1:20:30Speaker 13: and it kind of as you're stemming, you know, it
- 1:20:32Speaker 13: came from someone getting hurt. Prices being higher, couldn't afford something,
- 1:20:38Speaker 13: didn't believe in in this whatever might have been. You know,
- 1:20:42Speaker 13: they they're hurting from something and they hear this voice
- 1:20:45Speaker 13: and that's what they end up following. So you know,
- 1:20:48Speaker 13: we having more science background than most people, you know,
- 1:20:51Speaker 13: know that there there's some serious holes, some serious problems
- 1:20:54Speaker 13: in what's being said, but there are so many people
- 1:20:58Speaker 13: that are you know, they just they're looking for that
- 1:21:00Speaker 13: help and this is what they see. And so you know,
- 1:21:03Speaker 13: as you're saying, it's it sucks from a science standpoint,
- 1:21:07Speaker 13: it sucks that these this measles coming back. We're not
- 1:21:10Speaker 13: hitting those ninety five percent you know, cut off rates
- 1:21:14Speaker 13: for vaccines for herd immunity. It's just continuing to cause
- 1:21:20Speaker 13: problems for people. And you know, we got to get
- 1:21:23Speaker 13: that trust back and it's not going well.
- 1:21:28Speaker 1: Yep, very much. So agreed, Agreed. I have a book
- 1:21:34Speaker 1: that I'm reading now and gives kind of like credence
- 1:21:40Speaker 1: to the whole trust factor. And when I think of pharmacists,
- 1:21:44Speaker 1: I think of trust because you're the most trusted healthcare
- 1:21:47Speaker 1: providers out there. More than so. This is a book
- 1:21:50Speaker 1: by David harsh Hard Seger. I'm sorry to mess up
- 1:21:56Speaker 1: his name, hor Horse Sager anyway, So he's the CEO
- 1:22:01Speaker 1: of Trust Edge Leadership, and I got to see him
- 1:22:04Speaker 1: talk at a conference of one of our clients of
- 1:22:08Speaker 1: Framework LTC pharmacy software system dedicated to long term care,
- 1:22:13Speaker 1: and during their user conference got to hear him speak
- 1:22:17Speaker 1: on how important today trust from our providers is more
- 1:22:22Speaker 1: than ever because of these fractions and because of these
- 1:22:26Speaker 1: cracks in the stage of healthcare in the United States
- 1:22:31Speaker 1: that we're in not only from the payment perspective, but
- 1:22:34Speaker 1: also from the delivery perspective, and how our physicians and
- 1:22:39Speaker 1: pharmacists and nurse practitioners they're held hostage to systems, and
- 1:22:44Speaker 1: they're held hostage to big insurance providers, and they're held
- 1:22:48Speaker 1: hostage to elements of the business of healthcare that have
- 1:22:53Speaker 1: no business standing between a patient and that provider. And
- 1:22:58Speaker 1: that's part of that trust element that we got to
- 1:23:01Speaker 1: get back. We have got to get that back.
- 1:23:05Speaker 8: Yeah, Unfortunately, I do think it's going to get worse
- 1:23:08Speaker 8: now that they like this political shift has now become
- 1:23:12Speaker 8: like hey, I loan you guys, took money from us,
- 1:23:15Speaker 8: we gave you grants, we want to stake in your company.
- 1:23:17Speaker 8: And that itself is a little scary because now you
- 1:23:21Speaker 8: could theoretically have the government direct a company to do
- 1:23:24Speaker 8: what they want them to do, and rather than a
- 1:23:27Speaker 8: company pursue and seek science. So I do fear the
- 1:23:32Speaker 8: how things are going to look in ten fifteen years
- 1:23:34Speaker 8: and see how you know, politics are going to play
- 1:23:37Speaker 8: a role in directing a company to do one thing
- 1:23:40Speaker 8: over another. Hopefully, you know, they will re earn the
- 1:23:45Speaker 8: trust of the public, not not just healthcare providers, but
- 1:23:47Speaker 8: you know politics. But I don't think anyone will ever.
- 1:23:51Speaker 8: I don't think anyone will ever trust a politician. But
- 1:23:54Speaker 8: that's another rent for another day. But yeah, I'm just worried,
- 1:23:58Speaker 8: you know, because we talked on the show before our
- 1:24:01Speaker 8: last episode, uh death a little my tragedy, right, like
- 1:24:05Speaker 8: the big crisis that was averted here in the United
- 1:24:08Speaker 8: States because uh, doctor Olden Kelsey basically was like, no,
- 1:24:13Speaker 8: I'm not approving this drug, and this company multiple times
- 1:24:16Speaker 8: try to get this drug approved and she kept saying no. Meanwhile,
- 1:24:20Speaker 8: in Europe and in Canada they started having these malformation
- 1:24:23Speaker 8: and babies, but that was largely prevented in the US
- 1:24:26Speaker 8: because they listened to experts. And now because of this
- 1:24:30Speaker 8: political shift and no one wanting to do it anymore. Uh,
- 1:24:33Speaker 8: you know, we have these raising rights and measles, and
- 1:24:36Speaker 8: unfortunately it's now becoming socially acceptable to be like, yeah,
- 1:24:41Speaker 8: measles rates ha ha ha ha. You know it's like, uh,
- 1:24:44Speaker 8: I think that was at the post that you pulled
- 1:24:46Speaker 8: up about the betting. I don't know if that's the
- 1:24:48Speaker 8: one you pulled up, Todd, but you know, it was
- 1:24:50Speaker 8: just so blown away because I, you know, I was
- 1:24:53Speaker 8: on this app, you know, looking at random bets, just
- 1:24:56Speaker 8: you know, goof off, and I saw this post. I
- 1:25:00Speaker 8: was like, hey, do you think there'll be more or
- 1:25:02Speaker 8: less than I think it was like nineteen hundred measles
- 1:25:04Speaker 8: cases by the end of the year. If you put
- 1:25:07Speaker 8: in one hundred dollars, you can make one hundred and
- 1:25:09Speaker 8: fifty dollars if it goes one way. And I'm thinking
- 1:25:11Speaker 8: to myself, like, this is really fed up, Like we're
- 1:25:14Speaker 8: literally betting on sick people right now. Like you know,
- 1:25:17Speaker 8: it's like we're so desensitized to this and it's just
- 1:25:20Speaker 8: screwed up, just very very screwed up. But what are
- 1:25:22Speaker 8: you guys' opinions on that? How are the sensitized to
- 1:25:25Speaker 8: these things these days? Yeah?
- 1:25:28Speaker 5: Well, first of all, the US is just full of
- 1:25:29Speaker 5: djons and gamblers for sure, So we'll bet on anything, yes, yes,
- 1:25:36Speaker 5: But Yeah, we're definitely desensitized to you know, it's hard
- 1:25:40Speaker 5: to know what's right and what's wrong. So we need
- 1:25:42Speaker 5: more people out there giving the research and education and
- 1:25:46Speaker 5: just explaining what's you know, what's important for us to
- 1:25:50Speaker 5: follow health wise, versus just you know, you know, all
- 1:25:54Speaker 5: your information from TikTok or Joe Budd from up the street, right,
- 1:25:58Speaker 5: So it's it's hard to you know, to really just
- 1:26:02Speaker 5: get good information out there. So they need podcasts like
- 1:26:05Speaker 5: ours and other podcasts on the Pharmacy Podcast Network and
- 1:26:09Speaker 5: you know, reparable people out there just giving out the
- 1:26:12Speaker 5: good information, you know, so that everyone who kind of
- 1:26:15Speaker 5: know what to do and know what's right for our
- 1:26:17Speaker 5: health and build on that and go from there and
- 1:26:20Speaker 5: regain the trust.
- 1:26:22Speaker 1: Yeah.
- 1:26:24Speaker 8: I do think there's some pages that you could follow, though.
- 1:26:27Speaker 8: You know, there's one particular page on TikTok I like
- 1:26:29Speaker 8: called I think it's doctor anti Hero, and he literally
- 1:26:32Speaker 8: calls that other healthcare professions too, specifically chiropractice. This guy
- 1:26:36Speaker 8: has ave indet against chiropractice, let me tell you. But
- 1:26:39Speaker 8: but you know, he'll like pull up a paper that
- 1:26:41Speaker 8: they think they're referencing and just just like it's just like,
- 1:26:45Speaker 8: you know, while it's entertaining, it's sort of like, yeah,
- 1:26:48Speaker 8: we should correct them, but I think you should focus
- 1:26:50Speaker 8: your efforts on the politicians here because they're the ones
- 1:26:53Speaker 8: who are the ones with power and actually impacting our
- 1:26:56Speaker 8: health as a country.
- 1:26:58Speaker 4: Yeah.
- 1:26:59Speaker 5: There he is there.
- 1:27:00Speaker 1: Yeah, that's the Yeah, that's the guy.
- 1:27:02Speaker 8: Yeah, he's he's a he's a good one to follow.
- 1:27:06Speaker 5: Yeah, I think I've seen him before. Yeah.
- 1:27:07Speaker 13: Yeah, But like when last time we were talking with
- 1:27:11Speaker 13: with Todd uh going over this online stuff, it's fortunately
- 1:27:16Speaker 13: or unfortunately, goes down to the user and what's what
- 1:27:21Speaker 13: they want to look at, what they want to believe. So, yes,
- 1:27:24Speaker 13: trying to get all that out there, but but it's
- 1:27:26Speaker 13: tough when it doesn't really matter what you say if
- 1:27:30Speaker 13: they're if they're not.
- 1:27:31Speaker 9: Karen, Yeah, that.
- 1:27:32Speaker 5: Makes that makes me think of something else too, Like,
- 1:27:35Speaker 5: you know a lot of AI videos are out there,
- 1:27:38Speaker 5: and people who don't know any better are believe in
- 1:27:41Speaker 5: you know, certain AI videos and there getting they got
- 1:27:43Speaker 5: some good ones out there that you can't really tell
- 1:27:45Speaker 5: that well usually, I mean because they use the same
- 1:27:47Speaker 5: front or sound right now, so you can kind of
- 1:27:50Speaker 5: pick up a lot of it.
- 1:27:51Speaker 4: But AI is out there just.
- 1:27:52Speaker 5: Making up anything just to get likes and views, right,
- 1:27:56Speaker 5: so they can make up a fake story about spider
- 1:27:59Speaker 5: bikes that give you some power and train your spider
- 1:28:01Speaker 5: man in the.
- 1:28:03Speaker 1: Right.
- 1:28:05Speaker 13: That's when Todd's going to be a millionaire with this
- 1:28:06Speaker 13: little token of human content.
- 1:28:10Speaker 1: A certification, There must, must must be a certification out there.
- 1:28:15Speaker 1: This I've driven like, there needs to be a law
- 1:28:20Speaker 1: that says, if you develop content it's it's purely AI.
- 1:28:24Speaker 1: You have to tell the public this is AI as
- 1:28:27Speaker 1: well as news organizations. I've said this for years, Ash
- 1:28:32Speaker 1: like the old guy, if CNN or Fox has a
- 1:28:39Speaker 1: commentary show, it needs to say like commentary opinion or
- 1:28:45Speaker 1: editorial opinion, like as a as a post instead of
- 1:28:49Speaker 1: calling it news. Because news was Walter Cronkite back in
- 1:28:53Speaker 1: the seventies, and you know, back when news was black
- 1:28:57Speaker 1: and white, it was news. There was no opinion. We
- 1:29:00Speaker 1: need to educate the public that there's a difference between
- 1:29:03Speaker 1: a talking head and that's not news from Fox or
- 1:29:08Speaker 1: from CNN or from any of these you know the view,
- 1:29:12Speaker 1: for god's sakes, if you're calling it news, or if
- 1:29:16Speaker 1: you're calling it you know, evidence based medicine, or if
- 1:29:19Speaker 1: you're calling it content that's AI driven. We have to
- 1:29:23Speaker 1: label that stuff, just like you label a medication and
- 1:29:26Speaker 1: the safety of medication labeling.
- 1:29:29Speaker 8: Well, I got a question for you, Todd. So let's
- 1:29:32Speaker 8: say this does exist and there is a label AI
- 1:29:35Speaker 8: versus human made going back to us distrusting, you know, politics,
- 1:29:42Speaker 8: and how it's so politicized and left right, whatever the
- 1:29:46Speaker 8: heck you, whatever the heck you want to complain about.
- 1:29:49Speaker 8: We won't get into that either. But with a labeling
- 1:29:52Speaker 8: like this, I personally think it's going to be abused
- 1:29:55Speaker 8: by our politicians too, that we don't trust. It's like
- 1:29:58Speaker 8: an AI vida could come out lander someone, but someone
- 1:30:01Speaker 8: in control it could be like, Nope, this is this
- 1:30:03Speaker 8: is real, or this isn't a I when really it's
- 1:30:06Speaker 8: a I. So I don't know. It just goes back
- 1:30:08Speaker 8: to that public trust. And I would like something to
- 1:30:11Speaker 8: be like that. But you know, I my tinfoil hat
- 1:30:14Speaker 8: and I always talk about this. My tinfoil hat just
- 1:30:16Speaker 8: doesn't trust that something like that too. I want to
- 1:30:18Speaker 8: believe it, but I'm.
- 1:30:20Speaker 9: I don't know.
- 1:30:21Speaker 8: I just don't trust our government. I just I think
- 1:30:23Speaker 8: it's good regardless of who's in control. It's going to
- 1:30:25Speaker 8: have a healthy distrust whoever's in power.
- 1:30:28Speaker 4: Just a little bit, just like anxiety, a little bit.
- 1:30:32Speaker 8: Yeah, exactly, exactly.
- 1:30:35Speaker 1: We have we have the solution. We just have to
- 1:30:38Speaker 1: trust sky Net.
- 1:30:41Speaker 8: Don't make all our choices for it.
- 1:30:43Speaker 9: Full circle. Yeah it's not too bad idea, No.
- 1:30:50Speaker 8: Try everything else?
- 1:30:51Speaker 10: Why not?
- 1:30:56Speaker 1: Awesome? You guys are doing an amazing job once again.
- 1:31:01Speaker 1: Rated our ex podcast you can find on all of
- 1:31:06Speaker 1: the feeds, and of course we are excited that you're
- 1:31:10Speaker 1: coming to the Pharmacy Podcast Network. We're going to be
- 1:31:14Speaker 1: distributing starting with episode thirty and we're gonna have a
- 1:31:18Speaker 1: little celebration of the thirtieth episode of the Rated r
- 1:31:22Speaker 1: X podcast as well. You guys, you got to keep
- 1:31:25Speaker 1: it going. The number one way that a podcast is
- 1:31:30Speaker 1: successful is the consistency, and that's the number one indicator
- 1:31:34Speaker 1: for success and podcasting. Keep going, keep going, Oh, let's go.
- 1:31:40Speaker 8: No matter how much you want to cry, keep going.
- 1:31:42Speaker 1: Yeah I cry.
- 1:31:45Speaker 5: We can have an episode.
- 1:31:47Speaker 8: We all just cry, you know, me with a good time.
- 1:31:59Speaker 1: Exactly. Shout out to pharmacy students. You guys are crying.
- 1:32:02Speaker 1: You're gonna be in a quarter of a million dollars
- 1:32:05Speaker 1: worth of debt.
- 1:32:06Speaker 8: Oh no, I'm actually gonna cry.
- 1:32:11Speaker 1: All right, that's it for this Week in Pharmacy, once
- 1:32:14Speaker 1: again r X rated podcast shout out. We'll see you
- 1:32:17Speaker 1: guys soon.
- 1:32:19Speaker 8: Bye. Yes, he's we're having us
- 1:32:32Speaker 13: M