Latest / Pharmacy Podcast Network / The NACDS Total Store Expo Rewind | Part Two
Transcript
- 0:05Speaker 1: You are listening to the global network of podcasters dedicated
- 0:09Speaker 1: to the pharmacy profession. Welcome to the Pharmacy Podcast Network.
- 0:26Speaker 2: We're here in Boston at the National Association of Chained
- 0:29Speaker 2: Drug Stores Total Store Expo at Booth 2024 First Data Bank.
- 0:36Speaker 2: Are you a pharmacist Jedi or a pharmacist fossil? Master
- 0:40Speaker 2: your universe with revolutionary pharmacy tools. More coming from First
- 0:45Speaker 2: Data Bank here with our podcast press coverage, the NACDS
- 0:50Speaker 2: Total Store Expo Rewind. NACDS Total Store Expo 2026 in
- 0:58Speaker 2: Boston here with Stephen Beckman.
- 1:01Speaker 3: Hey, Todd.
- 1:01Speaker 1: It's always a pleasure to be at NACDS and always
- 1:04Speaker 1: a pleasure being on the mic with you.
- 1:07Speaker 4: I appreciate it.
- 1:07Speaker 2: The vibe here is all about our chain pharmacy, the
- 1:12Speaker 2: transition between focused on prescription and now adding in other
- 1:18Speaker 2: things to the front end, making our pharmacies more profitable.
- 1:21Speaker 4: I've talked to several people.
- 1:23Speaker 2: Organizations and people who are taking their independence, the two,
- 1:28Speaker 2: three stores, and they're starting to combine under larger groups
- 1:32Speaker 2: of pharmacies and starting to now put big opportunities to
- 1:37Speaker 2: merchandise and to put different products, skin care out front.
- 1:41Speaker 2: What have you noticed at NACDS, Stephen, that's become an
- 1:45Speaker 2: interest to you?
- 1:46Speaker 1: Well, I think NACDS, you know, I had the opportunity
- 1:49Speaker 1: to sit on a roundtable on Saturday. And it brought
- 1:54Speaker 1: in members from across the supply chain, from manufacturer down
- 1:58Speaker 1: to pharmacy. And I think NACDS is doing a really
- 2:02Speaker 1: good job of trying to start to tackle some of
- 2:04Speaker 1: the challenges that we have. And it was a real
- 2:08Speaker 1: pleasure for me because you don't get better if you
- 2:11Speaker 1: don't listen.
- 2:12Speaker 3: And that's what I was there to do.
- 2:13Speaker 1: But what I shared with them is that these challenges
- 2:18Speaker 1: or opportunities that we need to make sure that health
- 2:21Speaker 1: care flows all the way through from start to finish
- 2:24Speaker 1: is better is these are big issues that affect all
- 2:26Speaker 1: of us, right? So I think we have to learn
- 2:29Speaker 1: how we can do it as one voice, not individual voices.
- 2:32Speaker 1: So NSCDS can do some great things, and they have
- 2:34Speaker 1: done some great things in moving things forward at a
- 2:36Speaker 1: state level or a government level or, you know, all
- 2:40Speaker 1: moving towards better patient care and improving the ability for
- 2:44Speaker 1: pharmacies to be successful and I think what I learned
- 2:47Speaker 1: a lot about what from that event and plus just
- 2:51Speaker 1: being here for the week is that the service component
- 2:56Speaker 1: of the pharmacy is going to change and can change dramatically.
- 2:58Speaker 1: So whether as you said the service and product variability
- 3:03Speaker 1: or dynamic that changes on the front end but also
- 3:06Speaker 1: the services and the importance that pharmacy is going to
- 3:09Speaker 1: play going forward, right?
- 3:11Speaker 3: We know that it's not too far.
- 3:12Speaker 1: In the future that we will literally have less primary
- 3:14Speaker 1: care physicians to treat patients, and the pharmacist is going
- 3:19Speaker 1: to be on that forefront. And when we bring this
- 3:22Speaker 1: all together and figure out how pharmacy can deliver those
- 3:25Speaker 1: additional services beyond just filling prescriptions, then they will become
- 3:30Speaker 1: what they've always been, but it will be seen in
- 3:32Speaker 1: a brighter light, meaning that they'll be seen as a
- 3:35Speaker 1: core part of delivering health care. And when that happens...
- 3:39Speaker 1: Then all the other things start coming together, right? Reimbursement
- 3:42Speaker 1: starts to change, things like that change. And now they
- 3:45Speaker 1: can be a profitable organization because they're being seen in
- 3:48Speaker 1: the right light. They're delivering expanded services. And that's what's
- 3:52Speaker 1: really important for a company like us to be here
- 3:54Speaker 1: is to hear and listen to where that is going
- 3:57Speaker 1: because it's coming. And if we're smart enough as an organization,
- 4:00Speaker 1: we'll learn how to work even better with the pharmacy
- 4:03Speaker 1: community and channel.
- 4:05Speaker 4: I like the insights.
- 4:06Speaker 2: And with 2030... being the estimated time in the United
- 4:13Speaker 2: States where our population will hit the pinnacle of our
- 4:16Speaker 2: baby boomers, there's going to be a lot of need
- 4:20Speaker 2: for additional senior care services and also testing services and
- 4:25Speaker 2: also very specific like durable medical equipment into the home,
- 4:29Speaker 2: long-term care pharmacy at home. There's huge opportunities for pharmacies
- 4:34Speaker 2: that are preparing to be able to be the central
- 4:38Speaker 2: hub of health care in their communities.
- 4:40Speaker 1: I think that's a really good word, central hub, because
- 4:42Speaker 1: I think whether it's a region that doesn't have a
- 4:44Speaker 1: lot of services, where the pharmacy, by definition, becomes important.
- 4:48Speaker 1: But I think what you're talking about is the fact
- 4:51Speaker 1: that pharmacy is many, many different things than what most
- 4:56Speaker 1: people think of pharmacy, right? They're doing long-term care. They're
- 5:00Speaker 1: delivering at home, and now they're adding in services to
- 5:03Speaker 1: go with that. But we have to find that platform,
- 5:06Speaker 1: that service, and the tools in order to make it efficient, cost-effective,
- 5:10Speaker 1: reimbursed correctly, so that they can continue to do that.
- 5:14Speaker 1: But we're going to have to solve that. Because if
- 5:16Speaker 1: we don't solve it, those needs are still going to
- 5:19Speaker 1: be there, but we're not going to be able to
- 5:21Speaker 1: deliver it effectively. And ultimately, I think pharmacy and the
- 5:24Speaker 1: pharmacy channel is so important. So for us, we just
- 5:27Speaker 1: try to continue to listen and learn and know that
- 5:31Speaker 1: we are at some tipping points and some dynamic changes
- 5:33Speaker 1: are going to happen, and we just have to actually
- 5:36Speaker 1: work together to make sure that the service side with
- 5:39Speaker 1: the pharmacy side, with the data side, all those things
- 5:42Speaker 1: can come together so that we can do what we're
- 5:45Speaker 1: all talking about.
- 5:45Speaker 3: We're all talking about the same thing, right?
- 5:47Speaker 1: That is improving patients' outcome, improving patient lives, and the
- 5:52Speaker 1: pharmacy is going to play a bigger role than ever has,
- 5:56Speaker 1: as you said.
- 5:57Speaker 4: Steven, I want to pull out something you just said
- 5:58Speaker 4: about data.
- 5:59Speaker 2: So in our hometown, the great steel city of Pittsburgh, Pennsylvania,
- 6:05Speaker 2: one of the major things that just took place is
- 6:07Speaker 2: Kroger bought Giant Eagle. Yeah. And Giant Eagle Pharmacy and
- 6:12Speaker 2: Kroger Pharmacy are both separately doing an incredible job at
- 6:16Speaker 2: combining food as medicine education. For example, the Advantage Card,
- 6:22Speaker 2: which is Giant Eagle's kind of lead Every time, from
- 6:27Speaker 2: a retail perspective, every time a customer goes there and
- 6:30Speaker 2: buys their groceries, if you use your Advantage card, you
- 6:34Speaker 2: know how much vegetables you're buying.
- 6:36Speaker 4: You know what kind of processed foods that you're buying.
- 6:39Speaker 2: We talked with Humana about two years ago with Best
- 6:43Speaker 2: Buy Health and Kroger about using the data to start
- 6:48Speaker 2: incentivizing people to eat better and to take care of
- 6:51Speaker 2: themselves better. I could see pharmacy coming alongside that kind
- 6:55Speaker 2: of data and really making some very diverse and personalized
- 7:00Speaker 2: treatment plans depending on what's going on in those people's lives.
- 7:03Speaker 3: Yeah, that's a.
- 7:04Speaker 1: Really good topic. And it was one that was actually
- 7:06Speaker 1: brought up at the roundtable. And I think, look, I mean,
- 7:09Speaker 1: it should be common sense, right? We know that if
- 7:12Speaker 1: we exercise and we eat well and we use a
- 7:16Speaker 1: combination of prescription and OTC medicines at different times, If
- 7:21Speaker 1: we're doing it in a more holistic way, in a
- 7:23Speaker 1: more comprehensive way, and we actually understand the dynamics, then
- 7:27Speaker 1: we should see better outcomes.
- 7:29Speaker 3: So why not?
- 7:30Speaker 1: And, you know, we do have within the.
- 7:32Speaker 3: Pharmacy channel, we do have the food channel.
- 7:34Speaker 1: So they're actually a pretty interesting channel because most people
- 7:37Speaker 1: don't really think a lot in my past experience about food.
- 7:42Speaker 1: pharmacy at the food store or the food chain, right? Now,
- 7:45Speaker 1: all of a sudden, that's a pretty interesting dynamic. So
- 7:47Speaker 1: as that really starts to take off, then the people
- 7:49Speaker 1: that are more true pharmacy are going to have to
- 7:51Speaker 1: think about how they're incorporating the stores, how they're designing
- 7:54Speaker 1: their stores in terms of the food dynamic. And yeah,
- 7:57Speaker 1: I do think that it makes reasonable sense. I'm not
- 7:59Speaker 1: an expert in it, but as an average human being,
- 8:02Speaker 1: I would say, yeah, it makes sense that if we
- 8:04Speaker 1: can understand the dynamic between What we eat, what medicines
- 8:08Speaker 1: we take, what things that we do preventively, all that
- 8:11Speaker 1: comes together in a better way. And if there's platforms
- 8:13Speaker 1: and services like what you just articulated, then we would
- 8:17Speaker 1: have to believe that patient outcome is going to be
- 8:20Speaker 1: better from it.
- 8:22Speaker 2: NACDS Total Store Expo 2026. We're really excited to be here.
- 8:26Speaker 2: A shout out to the NACDS communications team. Thank you
- 8:30Speaker 2: so much for the press pass. A shout out to you, Stephen,
- 8:33Speaker 2: and your team. for having us here at your booth
- 8:36Speaker 2: and broadcasting and collecting insights in the future of chain
- 8:40Speaker 2: drug and chain pharmacy.
- 8:42Speaker 4: So thank you.
- 8:43Speaker 3: It's a pleasure.
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- 9:27Speaker 5: boxed warnings, and important safety information, Visit yaraulfarma.com. That's Y-A-R-A-L, pharma.com.
- 9:36Speaker 5: And connect with them on LinkedIn.
- 9:43Speaker 6: Hi, I'm Art Savozzoli, CEO and co-founder of Neurologics, and
- 9:51Speaker 6: you're listening to the Pharmacy Podcast.
- 9:53Speaker 2: Hey, welcome to the NACDS Total Store Expo Rewind podcast.
- 10:00Speaker 4: Marzio, it's so good to see you. Thanks for being
- 10:02Speaker 4: on the show.
- 10:04Speaker 3: It's a pleasure to be here, Todd.
- 10:05Speaker 2: All right, we're talking about mass opportunities for pharmacies. Without
- 10:13Speaker 2: revenue having to be connected to just a prescription and
- 10:17Speaker 2: really think of holistic health, talk to me about your
- 10:20Speaker 2: technology because I find it fascinating of what you guys
- 10:23Speaker 2: are doing. Share this with our listeners, what you guys
- 10:26Speaker 2: are doing here at NACDS Total Store Expert.
- 10:28Speaker 6: So we created something called a longevity mirror. It's an
- 10:32Speaker 6: actual mirror. And if you sit in front of it
- 10:37Speaker 6: in a 30-second scan, it has a little camera built
- 10:40Speaker 6: into it, it will then reveal Over 30 health insights,
- 10:45Speaker 6: health and wellness insights about, for example, your blood pressure,
- 10:49Speaker 6: your metabolic health, your heart health, your longevity. We have
- 10:55Speaker 6: specific algorithms that we developed that will make a prediction
- 10:58Speaker 6: over the next 20 years about your likelihood of living
- 11:01Speaker 6: a healthy life. We had a funny incident happen when
- 11:05Speaker 6: we premiered it at the Consumer Electronics Show, where it
- 11:08Speaker 6: was one of the highlights of the show, where some
- 11:10Speaker 6: people were afraid that, oh, no, no, it's going to
- 11:12Speaker 6: tell me when I'm going to die. No, no, it's not. Please,
- 11:15Speaker 6: it's not going to tell you that. But it will
- 11:17Speaker 6: tell you what the next 20 years look like from
- 11:20Speaker 6: a health and wellness point of view.
- 11:22Speaker 4: That is really interesting.
- 11:23Speaker 2: And then our consultative pharmacist could have an opportunity to
- 11:27Speaker 2: make recommendations based on those outcomes. Also, are you sharing
- 11:30Speaker 2: that information with the physician or the Other teams, that
- 11:35Speaker 2: the providers are out there waiting for that data?
- 11:37Speaker 7: Yeah.
- 11:38Speaker 6: The answer is yes. The short answer is yes. All
- 11:40Speaker 6: of that, yes and yes. And we give the pharmacist
- 11:46Speaker 6: or the company that's putting the mirror in the pharmacy. So,
- 11:49Speaker 6: for example, we have Nestle Health Sciences using it.
- 11:52Speaker 7: We have Opella using it.
- 11:53Speaker 8: We have Bayer Aspirin using it.
- 11:56Speaker 6: And when the information comes back, they will share that
- 12:01Speaker 6: information with the user. And it'll appear as a QR
- 12:04Speaker 6: code and get popped right onto their phone. So you'll
- 12:07Speaker 6: walk away with all those results. And then you can
- 12:10Speaker 6: share that. You choose to share that with your doctor
- 12:13Speaker 6: or your spouse. Like in my case, if I tell
- 12:16Speaker 6: my wife, then I have to go to the doctor. But,
- 12:18Speaker 6: you know, that's what you can do with it.
- 12:20Speaker 2: That's a really fascinating technology. Do you see this being
- 12:24Speaker 2: set up in pharmacies and then announcing to the public
- 12:27Speaker 2: that this is an available tool for them?
- 12:30Speaker 6: That's actually what's going on right now. We have a
- 12:32Speaker 6: lot of, and we started in Europe. We have the
- 12:36Speaker 6: companies that I just mentioned putting it in pharmacies. We
- 12:39Speaker 6: have a beautiful video of it being used by Tofan Makeiu,
- 12:42Speaker 6: which is a Greek online pharmacy. And it's a lovely,
- 12:46Speaker 6: delightful video. If you want to see exactly how the
- 12:48Speaker 6: mirror works and how it's being used to promote and
- 12:51Speaker 6: Health products, right? A particular brand or to send people
- 12:55Speaker 6: for a particular service, to get a checkup, et cetera,
- 12:58Speaker 6: et cetera.
- 12:58Speaker 3: You can do all of.
- 12:59Speaker 8: That with it. That's fascinating.
- 13:01Speaker 2: Tell our listeners where they can learn more. Share your
- 13:05Speaker 2: website or something so the listeners listening in says, I
- 13:07Speaker 2: want to know more about this.
- 13:09Speaker 6: Well, for sure, you can come to our website at www.neurologics.com.
- 13:14Speaker 8: N-U-R-A-L-O-G-I-X.com.
- 13:19Speaker 6: If you're here at the show, come to 2213, booth 2213,
- 13:23Speaker 6: and we'll measure you and tell you something about yourself.
- 13:27Speaker 6: In particular, we have a fun thing in there where
- 13:30Speaker 6: we predict your physiological age and your facial skin age.
- 13:35Speaker 6: And I get into lots of arguments with people about that.
- 13:38Speaker 6: And I tell them that the facial skin age... Is
- 13:42Speaker 6: never wrong. Because what the mirror is doing is it's
- 13:45Speaker 6: telling you.
- 13:46Speaker 8: How old you look.
- 13:48Speaker 7: Not your chronological.
- 13:49Speaker 6: It's just saying, under these conditions of lighting and makeup,
- 13:52Speaker 6: you look like this. And you can't argue with it
- 13:54Speaker 6: because it's always right.
- 13:56Speaker 9: Wow.
- 13:56Speaker 6: It's like my wife when she tells me things, right?
- 13:58Speaker 8: It's always right.
- 13:59Speaker 4: It's programmed with women intuition, right?
- 14:03Speaker 7: All right.
- 14:04Speaker 2: Hey, this has been a really interesting interview. We appreciate
- 14:06Speaker 2: you being here.
- 14:07Speaker 7: It was a pleasure, Todd.
- 14:12Speaker 2: Rob Hedman here with First Data Bank here at the
- 14:16Speaker 2: Total Store Expo. Rob, thanks for being on the show.
- 14:19Speaker 10: Todd, thanks for having me.
- 14:20Speaker 8: Really appreciate it.
- 14:21Speaker 6: All right.
- 14:22Speaker 2: So I've been to, oh, my goodness, four, five, six,
- 14:27Speaker 2: maybe six conferences so far. This one really drills down
- 14:30Speaker 2: into profitability in our chain stores. Tools that people are
- 14:35Speaker 2: going to be using are expanding on our front end.
- 14:38Speaker 2: First Data Bank is leading in technology today. E-prescribing is one.
- 14:43Speaker 2: I want you to talk about a specific topic and
- 14:47Speaker 2: product that First Data Bank has for our pharmacies and
- 14:52Speaker 2: explain kind of what it is and how pharmacies would
- 14:54Speaker 2: use it.
- 14:56Speaker 8: Thanks, Todd.
- 14:57Speaker 10: I appreciate that intro. And I will tell you that
- 15:01Speaker 10: for 25-plus years in the prescribing world, it has all
- 15:07Speaker 10: been done through one network. and that is one point
- 15:11Speaker 10: of failure as we see it. So FDB came up
- 15:15Speaker 10: with an alternative network about five years ago. We started
- 15:20Speaker 10: with pet meds and some innovative things around patient-facing pricing applications,
- 15:25Speaker 10: but more so what we became is really that second
- 15:30Speaker 10: rail in regards to delivering an e-prescription from a provider
- 15:35Speaker 10: into the retail pharmacy. And if you think about how
- 15:39Speaker 10: many prescriptions a day a pharmacy sees. If you can
- 15:44Speaker 10: imagine if that one network went down, what a catastrophic
- 15:49Speaker 10: event that would be in the United States. And so
- 15:52Speaker 10: FDB looked at that and said there's a glaring issue here.
- 15:56Speaker 10: Let's set up another network that will deliver these scripts
- 16:00Speaker 10: into the retail pharmacies and in the same manner that
- 16:03Speaker 10: they're accustomed to. So if there is an outage in
- 16:07Speaker 10: anyone's electronic medical record, the fax machine will not start
- 16:11Speaker 10: going off the rails, we're able to deliver those scripts electronically.
- 16:16Speaker 10: So a better way to deliver that script into a
- 16:20Speaker 10: retail pharmacy.
- 16:22Speaker 2: Once the prescription reaches the pharmacy management system within the
- 16:25Speaker 2: retail pharmacy, what communication, if changes are requested or maybe
- 16:30Speaker 2: someone catches something, one of our pharmacists during P2 picks
- 16:35Speaker 2: up on an issue, talk to me about the communications
- 16:38Speaker 2: at that point.
- 16:39Speaker 10: Yeah. So really one of the value adds of the
- 16:43Speaker 10: FDB Vela solution is that it's seamless for a pharmacist.
- 16:46Speaker 10: A pharmacist won't have any determining identifier as to whether
- 16:52Speaker 10: or not a script came over the existing network that
- 16:56Speaker 10: they have been accustomed receiving it for the past 20
- 17:00Speaker 10: plus years or from FDB Vela. The workflow doesn't change.
- 17:04Speaker 10: So that's really important that The pharmacists continue the same
- 17:10Speaker 10: workflow that they always have. They're not selecting the network
- 17:14Speaker 10: as to how it comes in, and they don't need
- 17:17Speaker 10: to select the network as it goes out from an
- 17:20Speaker 10: NCPDP compliant transaction such as RxChange or Cancel that they
- 17:26Speaker 10: would start. If it came through on the Vela network,
- 17:29Speaker 10: they would simply just click the button and it would
- 17:31Speaker 10: automatically go through the Vela network back to the provider
- 17:35Speaker 10: to have that communication if there was anything to be
- 17:39Speaker 10: changed about the drug or if there was a therapeutic
- 17:42Speaker 10: alternative or if they had questions about a PA. All
- 17:45Speaker 10: that happens and the pharmacist is still doing the exact
- 17:50Speaker 10: same things and still sees the exact same screens because
- 17:52Speaker 10: we're truly just a network of request and response.
- 17:57Speaker 4: All right, so what about being here in Boston?
- 18:00Speaker 2: How has Total Store Expo been going for you and
- 18:03Speaker 2: First Data Bank?
- 18:06Speaker 10: It's now, what, 3.15, and I've just come out of
- 18:08Speaker 10: that meeting room. It's been fantastic. We love coming to TSC.
- 18:14Speaker 10: It's just all the right people, all the right folks
- 18:16Speaker 10: to talk to, the stakeholders that are in this e-prescribing world,
- 18:21Speaker 10: and we're just fortunate to be here and have all
- 18:24Speaker 10: these great meetings and all these great partnerships.
- 18:27Speaker 2: Pharmacy Podcast Network is very grateful to First Data Bank.
- 18:30Speaker 2: We're going to be doing some additional work and coverage
- 18:33Speaker 2: with you at the NASP in D.C. this year and
- 18:37Speaker 2: focusing on specialty. So thank you for being our sponsor
- 18:41Speaker 2: here for the Total Store Expo.
- 18:43Speaker 4: We appreciate you.
- 18:44Speaker 8: Appreciate you, too. We'll see you there.
- 18:51Speaker 11: Hi, this is Justin Hammerling with Infinitrek, and you're listening
- 18:54Speaker 11: to the Pharmacy Podcast.
- 18:59Speaker 2: Justin with Infinitrack here at Total Store Expo.
- 19:03Speaker 4: Thanks for spending time with me.
- 19:04Speaker 8: Oh, absolutely.
- 19:05Speaker 11: Thanks for the time.
- 19:06Speaker 8: Appreciate it.
- 19:07Speaker 4: Bring us up to date.
- 19:09Speaker 2: Stop and start. Stop and start with DSCSA. You don't
- 19:12Speaker 2: know if I'm up. I don't know if I'm down.
- 19:14Speaker 2: Infinitrack has been tracking this for years. And the technology
- 19:19Speaker 2: that you developed is something that every pharmacy in the
- 19:22Speaker 2: country should be invested in understanding. how it's going to
- 19:26Speaker 2: impact their operations.
- 19:28Speaker 4: So give us an overview.
- 19:29Speaker 8: Yeah, absolutely.
- 19:30Speaker 11: It is an extension for the small business exemption for
- 19:35Speaker 11: the FDA. 25 pharmacists or pharm techs and or pharm
- 19:39Speaker 11: techs or less, those size pharmacies have an FDA exemption
- 19:44Speaker 11: until next November. Here's the tricky part about all this
- 19:47Speaker 11: that your listeners really need to know. is the federal
- 19:51Speaker 11: law itself never changed. It actually went into effect November
- 19:55Speaker 11: 27th of 2024. So it's like the local cops letting
- 19:59Speaker 11: you speed through town for another year. You can do it,
- 20:02Speaker 11: but if something happens, you get in a car accident,
- 20:04Speaker 11: your insurance isn't going to cover you for speeding.
- 20:06Speaker 1: Okay.
- 20:06Speaker 11: And having an accident. So this is where it's important
- 20:09Speaker 11: for these small pharmacies and even the chains that have
- 20:14Speaker 11: a solution and are looking at something else to be
- 20:17Speaker 11: compliant with our solution because we have the industry-leading integrations.
- 20:22Speaker 11: We've got Pioneer, we've got Liberty Software, we've got PrimeRx,
- 20:26Speaker 11: now we've got Icon as a double check on the
- 20:29Speaker 11: pill counting space.
- 20:31Speaker 8: So there's really no excuse anymore. The FDA delayed it.
- 20:34Speaker 11: To get the small independent pharmacies time to be compliant.
- 20:39Speaker 11: And now it was really the business imperative to do it.
- 20:41Speaker 7: All right.
- 20:42Speaker 2: Talk to us about how it actually works, how Infinitrack
- 20:46Speaker 2: integrates with my PMS system. Yeah.
- 20:49Speaker 11: So it's all through something called an API, an application
- 20:52Speaker 11: program interface. So that API is what our biggest distinction
- 20:57Speaker 11: factor from a technology standpoint is, is because we can
- 21:01Speaker 11: integrate into all these software systems because our technology is
- 21:04Speaker 11: so simple and easy to use. And then we've carried
- 21:07Speaker 11: that through the API layer. So homebrew solutions for the
- 21:11Speaker 11: larger chains that have their own internal system, we can
- 21:16Speaker 11: API into those. We've got APIs into the PMS system.
- 21:19Speaker 11: So you don't have to leave the system that you're in,
- 21:22Speaker 11: your current workflows are in, to be DSTSA compliant anymore.
- 21:26Speaker 8: You can do it right through the interface.
- 21:29Speaker 2: That's nice to subscribe to something and then I'll have
- 21:31Speaker 2: to worry about it. And then talk to me about
- 21:34Speaker 2: auditing and talk to me about checks. For example, if
- 21:37Speaker 2: I am audited as a pharmacy, a chain pharmacy, for example,
- 21:41Speaker 2: talk to me about what happens and how Infinitrack kind
- 21:44Speaker 2: of gives me some assurance.
- 21:45Speaker 11: Yeah, absolutely. So we know there's going to be three
- 21:47Speaker 11: types of audits that are going to be happening. Two
- 21:49Speaker 11: have already started by PMS groups. So one's a date
- 21:52Speaker 11: range audit. Some of our clients were given a range
- 21:57Speaker 11: of a month. to produce all the track trace data
- 22:00Speaker 11: for all NDCs that they've received. The second is a
- 22:05Speaker 11: NDC-specific audit. So they were asked to provide their track
- 22:08Speaker 11: trace data for all 13 NDCs that they were given,
- 22:12Speaker 11: obviously the higher-cost ones, but from back to the beginning
- 22:16Speaker 11: of the law in 2024.
- 22:18Speaker 3: So this is happening.
- 22:20Speaker 11: And then we know the third one are going to
- 22:21Speaker 11: be bottle audits by the FDA and state boards of
- 22:23Speaker 11: pharmacy where they're actually going to pull bottles off your
- 22:25Speaker 11: shelf and show me the compliance data for this particular bottle.
- 22:30Speaker 11: And Infinitrack takes care of all that. We have full-time
- 22:32Speaker 11: audit support. So when you are audited, you've got that
- 22:36Speaker 11: assurance that someone that knows the technology will walk you
- 22:39Speaker 11: through getting your data and be able to present it
- 22:41Speaker 11: to the auditor when it's requested.
- 22:44Speaker 2: Listeners, if you are tuned in to the NACDS Total
- 22:49Speaker 2: Store Expo Rewind program, here on the Pharmacy Podcast Network,
- 22:53Speaker 2: I want you to take a look.
- 22:54Speaker 4: Go to infinitrack.us.
- 22:57Speaker 2: Once again, that's I-N-F-I-N-I track, T-R-A-K, dot U-S. Or reach
- 23:06Speaker 2: out to Justin Hammerling on LinkedIn. Justin, thank you so
- 23:11Speaker 2: much for spending time with us here at the Total
- 23:13Speaker 2: Expo 2026 in Boston.
- 23:16Speaker 9: All right.
- 23:16Speaker 11: Thank you very much, and thanks to everyone listening.
- 23:21Speaker 12: Hey, this is Matt Gilbert, Chief Revenue Officer for MedSense Health,
- 23:25Speaker 12: and you're listening to the Pharmacy Podcast Network.
- 23:30Speaker 2: Matt, welcome to the NACDS Total Store Expo 2026 press coverage.
- 23:36Speaker 4: It's great to see you.
- 23:37Speaker 8: Great to see you, Todd.
- 23:38Speaker 12: As always, 30 dates I think we have on the
- 23:40Speaker 12: road with each other each year, so it's always good
- 23:43Speaker 12: to spend a little quality time with you.
- 23:44Speaker 4: Yes.
- 23:45Speaker 2: The whole vibe here at Total Store Expo is profitability.
- 23:50Speaker 2: expanding out your front end, merchandising, having the right products
- 23:56Speaker 2: in your pharmacy to engage your community. A part of
- 24:00Speaker 2: this that's really a behind-the-scenes solution that only people in
- 24:03Speaker 2: pharmacy really understand is the opportunity that our small and
- 24:08Speaker 2: regional chains have to grow out their long-term care pharmacy
- 24:12Speaker 2: at home business and using their pharmacies as the platforms
- 24:17Speaker 2: to educate People that are coming in, they might be
- 24:21Speaker 2: talking about their mother or their father or someone senior
- 24:25Speaker 2: that is going through a lot of difficulties getting to
- 24:28Speaker 2: the pharmacy themselves.
- 24:30Speaker 4: MedSense has been a.
- 24:31Speaker 2: Catalyst in helping our independent community pharmacies employ and blueprint
- 24:38Speaker 2: out the difference between community and long-term care pharmacy at home.
- 24:44Speaker 2: So talk to me about the chain environment and what
- 24:46Speaker 2: MedSense has been doing.
- 24:47Speaker 9: Yeah.
- 24:48Speaker 13: Yeah.
- 24:48Speaker 12: Well, I've had a great reception here. I've had, it'll
- 24:51Speaker 12: be 50 plus meetings by the time we wrap up
- 24:53Speaker 12: today in three days, which I am tired. You could
- 24:55Speaker 12: probably hear it in my voice. My dad always said
- 24:58Speaker 12: I had a face for radio. Now, I don't know
- 24:59Speaker 12: if my voice is too shot for radio too. But yeah,
- 25:03Speaker 12: it's really MedSense offers clinical services or go to markets
- 25:07Speaker 12: pairing with pharmacies, no matter independent chain, the model stays
- 25:11Speaker 12: the same. We're letting pharmacists practice at the top of
- 25:14Speaker 12: their license. They're helping their patients be healthier through hypertension
- 25:18Speaker 12: and adherence programs. And they're making some revenue on the
- 25:21Speaker 12: back end of that, all with no capex or any
- 25:24Speaker 12: upfront or ongoing cost from us. So to go to
- 25:27Speaker 12: a chain and say, hey, I need one pharmacist resource,
- 25:30Speaker 12: no capex, and we can have you running in seven days,
- 25:33Speaker 12: that's pretty huge. And we've had 300 store chains that
- 25:37Speaker 12: we're moving forward with out of here. And then we're
- 25:39Speaker 12: talking to five or six others that are pretty serious
- 25:42Speaker 12: about moving forward in the next few months. So to
- 25:44Speaker 12: go from no traction, you know, call it a year
- 25:46Speaker 12: or two ago when MedSense was first kind of bubbling
- 25:49Speaker 12: to the surface to now going through and meeting with
- 25:51Speaker 12: these folks three, four or five times, they've come around
- 25:54Speaker 12: to see that, hey, we mean what we say. We've
- 25:57Speaker 12: onboarded over 600 stores already throughout the country, licensed and
- 26:01Speaker 12: contracted in all 50 states and bringing real revenue to
- 26:04Speaker 12: the bottom line of these chains.
- 26:06Speaker 2: So when I think of the environment and the knowledge
- 26:10Speaker 2: that the communities and that the patients and people have,
- 26:14Speaker 2: the public understands Uber driving and Lyft and they know
- 26:20Speaker 2: about delivery, they get it. So when I think of,
- 26:22Speaker 2: I'm going to use Giant Eagle in Pittsburgh as an example.
- 26:25Speaker 2: So Giant Eagle has, I don't know, 200, 300, 400 stores.
- 26:30Speaker 2: They just got bought up by Kroger and they have
- 26:33Speaker 2: a pharmacy division. Imagine we tie in that Advantage card.
- 26:38Speaker 2: We know what people are buying. We know food as medicine.
- 26:41Speaker 2: There's kind of leverage there. We get a clinical pharmacist
- 26:45Speaker 2: involved in digging down into hypertension or delivering something. But
- 26:50Speaker 2: now we can deliver groceries, durable medical equipment, medications, being
- 26:56Speaker 2: able to do remote patient monitoring. Like there is an
- 26:59Speaker 2: evolution in pharmacy driven by pharmacy as the hub of
- 27:02Speaker 2: health care. to really do so much more in collaboration
- 27:06Speaker 2: with some of the models that the chain stores, aka
- 27:10Speaker 2: these grocery store chains, have really had this amazing infrastructure.
- 27:13Speaker 8: Yeah.
- 27:14Speaker 12: Well, you talk about a typical pharmacy, even a mom
- 27:16Speaker 12: and pop independent, they're seeing a patient 12 to 14
- 27:21Speaker 12: times a year on average. So a grocery store is
- 27:23Speaker 12: seeing them once a week. They're going in, they're shopping,
- 27:25Speaker 12: they're popping into the pharmacy. So to have that pre-built-in
- 27:29Speaker 12: relationship with the patient A lot of these, especially these
- 27:32Speaker 12: grocery store chains, they have that on a regular basis already.
- 27:36Speaker 12: So now let's take care of the patient, make them
- 27:38Speaker 12: a little more healthier in the home, keep them living
- 27:40Speaker 12: at home longer. There aren't enough assisted living, skilled beds
- 27:44Speaker 12: out in the country to take care of all these
- 27:46Speaker 12: people as we keep aging that baby boomer population.
- 27:50Speaker 8: So these types of tools are needed. It's not an option.
- 27:53Speaker 8: It's something that's needed to make sure we're keeping people healthy.
- 27:56Speaker 2: Matt, 2030, 2031, 32 is going to be the height
- 28:03Speaker 2: of our baby boomers in population. And that means a
- 28:07Speaker 2: lot more people are going to need services brought to
- 28:10Speaker 2: their home side, especially if they're not able to get
- 28:12Speaker 2: out of their home, just as even an option.
- 28:14Speaker 4: Talk to us about some of the planning.
- 28:16Speaker 2: That MedSense is doing to assure that people in organizations
- 28:21Speaker 2: that are reaching out and asking, you know, what's next?
- 28:25Speaker 4: What steps should we be taking? What do you guys
- 28:27Speaker 4: say to that opportunity?
- 28:28Speaker 12: Yeah, I mean, we've got two core programs right now,
- 28:31Speaker 12: an adherence program and a hypertension program. We're rolling out
- 28:36Speaker 12: constant new programs. So we've got a weight loss GLP-1
- 28:39Speaker 12: program coming out with a digital scale later this year,
- 28:42Speaker 12: an asthma program, a diabetes program.
- 28:45Speaker 8: We just rolled out.
- 28:46Speaker 12: On our adherence program a kind of a device that
- 28:51Speaker 12: will monitor the in-the-home patient's blister cards, which we're first
- 28:55Speaker 12: to market on, fully designed, built, all by our own U.S.
- 28:59Speaker 8: Resources.
- 29:00Speaker 12: So you take whatever type of card stock the patient's using,
- 29:03Speaker 12: drop it in our device, and we're monitoring them when
- 29:06Speaker 12: they're punching out the bubbles. And that's a billable service
- 29:08Speaker 12: through Medicare. So we kind of think of ourselves as
- 29:11Speaker 12: that last mile, right? You're looking at a patient and
- 29:14Speaker 12: you might med-sync them.
- 29:16Speaker 8: Okay, that's great.
- 29:17Speaker 12: You might put them in blister cards. Well, I used
- 29:20Speaker 12: to have 250 patients at my store on blister cards,
- 29:22Speaker 12: and I would call the patient for a MedRec call
- 29:24Speaker 12: and a MedSync call, and they'd have a week of
- 29:26Speaker 12: cards left when we were two days before the fielding.
- 29:30Speaker 8: So, you know, it's that last mile.
- 29:32Speaker 12: Short of, you know, putting a camera on them and
- 29:34Speaker 12: making sure the pill goes down their throat, but we're
- 29:36Speaker 12: making sure they puncture that pocket. So we're listening to
- 29:39Speaker 12: market resources. feedback, and we're designing products and programs that
- 29:43Speaker 12: people want and need.
- 29:45Speaker 14: All right.
- 29:45Speaker 2: A shout out to our operators out there in our
- 29:48Speaker 2: micro chains and our regional chains. Reach out to MedSense.
- 29:52Speaker 2: Reach out to Matt Gilbert. Give us a place and
- 29:56Speaker 2: a way to get a hold of you, Matt.
- 29:57Speaker 12: Yeah, so on my email, mgilbert at medsense.health. You can
- 30:02Speaker 12: check us out at medsense.health. We'll also be at the
- 30:05Speaker 12: Missouri Pharmacy Association show Thursday and Friday this week. We're
- 30:08Speaker 12: doing an hour CE there on RTM and RPM. And
- 30:11Speaker 12: then follow up later this year, we'll be at the
- 30:13Speaker 12: Jerry Med Show. We'll be at NCPA. We'll be at
- 30:16Speaker 12: ECRM Pharmacy Technology. So like I said, 30 trade shows
- 30:20Speaker 12: a year, and we're out every month. The checks keep
- 30:23Speaker 12: clearing with my wife, so she's okay with it.
- 30:25Speaker 4: I like it.
- 30:26Speaker 2: All right, Matt, thanks so much for being part of
- 30:28Speaker 2: the NACDS Total Store Expo 2026.
- 30:30Speaker 4: Thanks so much, Todd.
- 30:32Speaker 8: Appreciate your advocacy as always.
- 30:51Speaker 13: One more time.
- 30:52Speaker 4: All right, ready? And in three, two, one.
- 30:54Speaker 8: What's going on?
- 30:55Speaker 13: This is Anthony Dragasus. I'm a co-founder of a company
- 30:57Speaker 13: called Elos Thermal, and you're listening to the Pharmacy Podcast Network.
- 31:01Speaker 2: Anthony, welcome to the Total Store Expo 2026 here in Boston.
- 31:06Speaker 4: It's great to connect with you.
- 31:08Speaker 8: It's great to see you as well. All right.
- 31:10Speaker 2: So we're talking pharmacy, chain pharmacy, regional chain. We even
- 31:15Speaker 2: know of micro chain where we have the independent starting
- 31:18Speaker 2: to bring together their three and another six and another
- 31:22Speaker 2: 18 and really starting to grow the space. The important
- 31:25Speaker 2: thing is to constantly have products that you can put
- 31:30Speaker 2: in pharmacies that now are coupled with healthcare services. Talk
- 31:36Speaker 2: to our listeners about your product. I found it really interesting.
- 31:39Speaker 4: Right, and you hit the nail on the head there, Todd.
- 31:41Speaker 13: I think we've been hearing it all week at all
- 31:43Speaker 13: the panels that we've gone to. the front end assortment
- 31:46Speaker 13: at any pharmacy, especially independent pharmacies, is becoming increasingly more important.
- 31:51Speaker 13: And a product like ours where we truly bring innovation
- 31:55Speaker 13: to a space that, in our opinion, I think to
- 31:58Speaker 13: the public's eye as well, has been underutilized on the
- 32:01Speaker 13: innovation side. And so with Elos, the problem that we've
- 32:04Speaker 13: been trying to solve in the foot care category, being
- 32:07Speaker 13: a heated insole, is how do we best service the
- 32:10Speaker 13: customer in the core value proposition of this category, which
- 32:14Speaker 13: is comfort, right? In five to six months out of
- 32:16Speaker 13: the year in cold states and in Canada and anywhere else,
- 32:21Speaker 13: you're not getting that comfort, right? You can buy that
- 32:24Speaker 13: top end insole, a highly custom insole, but if your
- 32:27Speaker 13: feet are cold, it doesn't really do much for you.
- 32:30Speaker 13: And so that's the problem that we're trying to solve
- 32:31Speaker 13: at Elos and We're really excited. This is our first
- 32:33Speaker 13: time exhibiting at TSE, and our new partnership with New
- 32:37Speaker 13: Fabrics is essentially allowing us to really meet the right people,
- 32:42Speaker 13: get the distribution in place for this category, and test
- 32:45Speaker 13: the right way. Historically, being a solely sporting goods product,
- 32:52Speaker 13: that jump is obviously complex and a little bit different,
- 32:55Speaker 13: but with New Fabrics and their current brokers and distribution
- 32:59Speaker 13: in place, it should make it a lot smoother for us.
- 33:01Speaker 2: I'm going to Give a shout out to the Sports
- 33:04Speaker 2: Pharmacy Network. And I'm going to get you in touch
- 33:07Speaker 2: with Dr. Brandon Welsh down in Miami, who helped to
- 33:10Speaker 2: start the organization. Because there are pharmacists out there who
- 33:15Speaker 2: are dealing with athletes, professional and amateur, where there is
- 33:21Speaker 2: cold involved in what they're doing. Jogging, long distance skiing,
- 33:26Speaker 2: cross country, like whatever it is. This product would really
- 33:30Speaker 2: make sense to kind of couple it with Some of
- 33:33Speaker 2: the things that they're focused on.
- 33:34Speaker 10: Right.
- 33:34Speaker 11: Right.
- 33:35Speaker 3: Exactly.
- 33:35Speaker 13: You hit the nail on the head. I mean, it's
- 33:37Speaker 13: the versatility of it is where we shine. And, you know,
- 33:42Speaker 13: you talk to you around the show, you show everyone
- 33:44Speaker 13: the product, make them feel the heat and you get
- 33:46Speaker 13: a different reaction from everyone on how they could use it,
- 33:49Speaker 13: where they would use it for.
- 33:50Speaker 8: Oh, my grandma. Oh, my kids. Oh, on the ski slopes. Oh,
- 33:53Speaker 8: on when I'm training for my next marathon, right?
- 33:55Speaker 13: I think the versatility of it is, you know, why,
- 33:58Speaker 13: you know, we exist and why, you know.
- 34:00Speaker 4: The pharmacy network is a perfect.
- 34:02Speaker 13: Location for us for sure.
- 34:04Speaker 14: All right.
- 34:04Speaker 2: So let's talk about other applications because my wife's a nurse.
- 34:07Speaker 4: She's on her feet all the time.
- 34:09Speaker 2: She doesn't sit down hardly at all. Then our own
- 34:12Speaker 2: pharmacists who are working eight, 10, 12 hour days, they're
- 34:16Speaker 2: on their feet all day. How does heat kind of
- 34:19Speaker 2: play into comfort where it's not necessarily about temperature, but
- 34:23Speaker 2: it's more about comfort?
- 34:24Speaker 11: Right.
- 34:25Speaker 13: And that's a really great point, Todd. I think when
- 34:29Speaker 13: you address the problem, it starts with circulation, right? And
- 34:32Speaker 13: that's ultimately a lot of people, especially as you age,
- 34:35Speaker 13: circulation becomes a major issue in the hands and toes.
- 34:39Speaker 8: And so for the everyday person.
- 34:40Speaker 13: You know, that's a core problem that is really, as
- 34:43Speaker 13: I mentioned earlier, under addressed with the current product offerings.
- 34:46Speaker 13: And so for us, you know, as we kind of
- 34:48Speaker 13: look at, you know, our current offering, our hero product
- 34:50Speaker 13: being just the standard ELOS heated insole, as we kind
- 34:53Speaker 13: of look forward, there's real opportunity for us. And what
- 34:56Speaker 13: we're dedicated to do is, you know, launch medical lines
- 35:00Speaker 13: and really address these problems more holistically. But even right
- 35:04Speaker 13: now with our current product line, the temperature, you know,
- 35:07Speaker 13: the temperature regulation that you get from the insole, that
- 35:09Speaker 13: allows you, You know, that obviously services that need of
- 35:12Speaker 13: more circulation, right? So anytime, you know, even though we
- 35:15Speaker 13: don't have it on the box yet, just yet, but,
- 35:17Speaker 13: you know, our customers are already using it for that purpose. And,
- 35:20Speaker 13: you know, we're trying to really make a stronghold in
- 35:22Speaker 13: that space too.
- 35:23Speaker 3: All right.
- 35:24Speaker 2: Shout out to IPC, Independent Pharmacy Cooperative. Shout out to APCI,
- 35:28Speaker 2: another buying group. There's these buying groups that are always
- 35:31Speaker 2: looking for new solutions to be able to build programs
- 35:34Speaker 2: around to be able to deliver these interesting products to
- 35:37Speaker 2: their community because.
- 35:38Speaker 4: Sometimes the community doesn't even know this stuff's available.
- 35:40Speaker 5: Right.
- 35:40Speaker 2: So, Elos, it's good to have you here. Excited that
- 35:44Speaker 2: your first Total Store Expo. If you ever want some
- 35:48Speaker 2: insights where to find the pharmacist, we absolutely know. Our
- 35:52Speaker 2: next show that's going to be very intensive to supporting
- 35:55Speaker 2: the future of independently owned, privately owned pharmacies will be
- 35:59Speaker 2: called the NCPA, the National Community Pharmacists Association in Kansas City.
- 36:04Speaker 2: That'll be October. Nice conference, even if you guys go
- 36:08Speaker 2: to walk around.
- 36:08Speaker 4: And meet some people.
- 36:09Speaker 8: Awesome.
- 36:10Speaker 4: But appreciate you being on the Rewind Show.
- 36:12Speaker 8: Thanks for having me.
- 36:13Speaker 4: I really appreciate it.
- 36:14Speaker 13: If you'd like to learn more about Elos, check out
- 36:16Speaker 13: our website, elosthermal.com or on Amazon.
- 36:18Speaker 4: Elosthermal.com. Thanks, man. I really appreciate it.
- 36:27Speaker 14: Hi, this is Richard Voskornikov from Walter's School. You're listening
- 36:30Speaker 14: to the Pharmacy Podcast.
- 36:34Speaker 2: Richard here with me at the NACDS Total Store Expo
- 36:38Speaker 2: 2024 in Boston.
- 36:39Speaker 4: Thank you so much for being part.
- 36:40Speaker 7: Of the show. Thank you for your time.
- 36:44Speaker 4: Walter's Kluwer.
- 36:45Speaker 2: I remember them way, way, way back in my day
- 36:48Speaker 2: in the usage of MediSpan, pulling up all of the
- 36:51Speaker 2: clinical information on medications for pharmacists to be able to
- 36:55Speaker 2: make clinical decisions, drug-drug interactions, drug allergy. Things have really accelerated.
- 37:03Speaker 2: There's more products and services that are coming from Walters Kluwer.
- 37:08Speaker 2: When we're in a chain environment, really concentrating on profitability,
- 37:13Speaker 2: running our operations better. Talk to us what you're focused
- 37:16Speaker 2: on here at NACDS.
- 37:18Speaker 8: Yeah, absolutely.
- 37:19Speaker 14: So let me start off by giving the background on
- 37:22Speaker 14: Walters Kluwer. We've been empowering professionals everywhere. to give them
- 37:26Speaker 14: the tools they need to succeed for almost 200 years.
- 37:30Speaker 14: And within that, the health division focuses on all types
- 37:35Speaker 14: of innovations, technology for clinical decision support, but even across
- 37:40Speaker 14: the entire continuum of health care.
- 37:42Speaker 7: And one of the product lines, your point is, is MediSpan.
- 37:46Speaker 14: We've been in the business for over 50 years with
- 37:48Speaker 14: the drug intelligence, clinical decision support, empowering innovation. And today
- 37:55Speaker 14: we expand our portfolio into veterinary care. All right.
- 38:00Speaker 2: So when I think of our pharmacy operators, people trying
- 38:04Speaker 2: to build their business, there isn't any insurance involved in
- 38:08Speaker 2: that line. There's cash-based opportunities. Plus people love their pets.
- 38:14Speaker 2: I have three corgis. I absolutely adore my pets, treat
- 38:18Speaker 2: them like my.
- 38:18Speaker 4: Little furry kids.
- 38:19Speaker 2: So Talk to me about that opportunity for our microchains
- 38:23Speaker 2: and regional chains to really capitalize on building their vet
- 38:28Speaker 2: support business.
- 38:29Speaker 7: Yeah, absolutely.
- 38:30Speaker 14: It is a cash business, high margins, definitely a growth opportunity.
- 38:36Speaker 14: The veterinary prescription business continues to grow at high CAGRs.
- 38:42Speaker 14: CVS just had a press release that they're providing the
- 38:47Speaker 14: prescriptions to the entire family nationwide they've rolled out. So
- 38:51Speaker 14: you can imagine from a consumer ecosystem that we are
- 38:55Speaker 14: all going to be looking to match that, all the
- 39:00Speaker 14: micro as well as the regional chains. Consumers are going
- 39:03Speaker 14: to be expected that our pharmacies in our neighborhoods will
- 39:08Speaker 14: be able to fill these prescriptions just like we get
- 39:13Speaker 14: usually at the veterinary clinics. Having said that, there's also
- 39:17Speaker 14: laws being passed, for example, in Florida that require veterinarians
- 39:22Speaker 14: to inform that there's a choice to fill your prescriptions.
- 39:25Speaker 14: You don't have to fill your prescriptions at the veterinary clinic.
- 39:28Speaker 14: You can get your prescriptions filled at the pharmacy of
- 39:31Speaker 14: your choice, so you can have yours, your child's, and your.
- 39:36Speaker 7: Pet child's prescription filled all in one place.
- 39:40Speaker 14: We've recently put out a survey nationwide, and nine out
- 39:45Speaker 14: of 10 customers actually prefer, they would like to have
- 39:47Speaker 14: their prescriptions filled at their neighborhood pharmacy, and nine out
- 39:52Speaker 14: of 10 would require that their pharmacist have access to
- 39:59Speaker 14: veterinary-specific resources.
- 40:02Speaker 2: So talk to us about your gathering that information, the
- 40:05Speaker 2: manufacturer resources, the partnerships that you've created with those manufacturers.
- 40:11Speaker 2: How are you pulling that information into a database that
- 40:13Speaker 2: then can be pushed through the pharmacy management software?
- 40:17Speaker 7: Yeah.
- 40:19Speaker 14: We've gathered, building upon the foundation for Medispan, we've incorporated
- 40:24Speaker 14: animal products as well as human medications that we have
- 40:29Speaker 14: and we deliver in our current form because human medications
- 40:34Speaker 14: are dispensed the majority of the time in our pharmacies.
- 40:38Speaker 14: So we're incorporating that, embedding that into workflows such that
- 40:43Speaker 14: our pharmacy operators are able to confidently and safely, responsibly
- 40:50Speaker 14: dispense those medications just like they do with our human medications.
- 40:58Speaker 14: And that includes species-specific dosing, interaction checks, allergy checks.
- 41:04Speaker 7: And any contraindications.
- 41:06Speaker 14: Today, when a veterinary prescription is received by the pharmacy,
- 41:11Speaker 14: either they get an alert that says, I don't know
- 41:14Speaker 14: what this prescription is, or they get an alert that's
- 41:18Speaker 14: not relevant. For example, this dose is too high for
- 41:22Speaker 14: a six-year-old child, but in fact, it's a six-year-old.
- 41:26Speaker 7: 100-pound dog.
- 41:28Speaker 14: Or worse, they get no alert at all, and it
- 41:30Speaker 14: could be a dangerous combination or a dangerous product to dispense.
- 41:35Speaker 14: So what we've brought to the market is a vet
- 41:39Speaker 14: med screening solution to help install those guardrails so pharmacists
- 41:44Speaker 14: can appropriately dispense to those pets without disrupting the workflow.
- 41:49Speaker 2: Very good i want to expand upon this maybe we'll
- 41:52Speaker 2: have someone new on your team talking with some of
- 41:56Speaker 2: our pharmacy operator and owners who can make examples of
- 42:00Speaker 2: how they've used the information to not only keep the
- 42:03Speaker 2: pets safe, but also the education to the pet owner
- 42:06Speaker 2: and really explaining if there's special circumstances, how to follow
- 42:10Speaker 2: up with topicals or giving medication. But this is a
- 42:14Speaker 2: huge opportunity for our community pharmacies to capitalize on this
- 42:19Speaker 2: and build more business through the community pharmacy, like you
- 42:23Speaker 2: were saying, for our pets.
- 42:25Speaker 6: Yeah.
- 42:26Speaker 4: So thank you. Thank you for being part of the show.
- 42:28Speaker 3: Thanks, Todd.
- 42:29Speaker 7: Appreciate your time.
- 42:29Speaker 6: Thank you.
- 42:34Speaker 9: Hi, this is Chris Kress with NACDS, and you're listening
- 42:37Speaker 9: to the Pharmacy Podcast.
- 42:43Speaker 4: Chris, Total Store Expo 2026 in Boston. It's so good
- 42:46Speaker 4: to see you.
- 42:47Speaker 9: So good to see you, Todd. We've done this a
- 42:49Speaker 9: few years now together, and this is fantastic.
- 42:51Speaker 4: This is our sixth year.
- 42:52Speaker 2: The NACDS, your communications division, has been so good to us,
- 42:57Speaker 2: giving us a press pass, realizing how popular podcasting has become.
- 43:02Speaker 4: We're the OG.
- 43:03Speaker 2: We released the very first podcast in pharmacy in 2009.
- 43:06Speaker 2: We now have 85,000 listeners and we know that the
- 43:10Speaker 2: chain store environment is so important, especially for communities who
- 43:15Speaker 2: have suffered the loss of their pharmacies, have closed down
- 43:18Speaker 2: with some of the right aids. Independent community pharmacies are
- 43:21Speaker 2: now becoming micro chains that are actually growing. This has
- 43:25Speaker 2: been an amazing conference and experience, Chris. Give us a
- 43:28Speaker 2: little bit of an overview of the success of this
- 43:30Speaker 2: year's Total Store Expo.
- 43:31Speaker 9: Well, based on what you just said, Todd, I just
- 43:33Speaker 9: need to thank you first. I mean, we always say
- 43:35Speaker 9: that NACDS is a force multiplier. That's what we do.
- 43:38Speaker 9: Whether we're advocating on behalf of the industry to address
- 43:41Speaker 9: some of the things that you just talked about, or
- 43:43Speaker 9: whether we're bringing folks together at an event like Total
- 43:46Speaker 9: Store Expo, we are the force multiplier. But In order
- 43:50Speaker 9: to be the force multiplier, you need to motivate that force.
- 43:54Speaker 9: And that's what you do. I think it's a tremendous
- 43:57Speaker 9: service to the profession, to the industry, that you are
- 44:00Speaker 9: bringing these issues directly to the people who can make
- 44:04Speaker 9: a difference. So thank you for all you do. This
- 44:06Speaker 9: has been a fantastic gathering. I mean, the energy is strong. Clearly,
- 44:12Speaker 9: there are challenges, right? And there are opportunities.
- 44:14Speaker 8: And that's what this is all about.
- 44:16Speaker 9: We often talk about the programming of NACDS and what
- 44:19Speaker 9: we do throughout the year, but you just can't underestimate
- 44:23Speaker 9: the power of bringing people together to meet the challenges,
- 44:27Speaker 9: to address the opportunities, and that's what's happening here with
- 44:30Speaker 9: every single meeting that takes place at Meet the Market
- 44:34Speaker 9: or whether you're here in the exhibit hall and just
- 44:38Speaker 9: seeing all these people getting together in these meetings, and
- 44:40Speaker 9: you just know that every one of those 10-minute blocks,
- 44:43Speaker 9: 30-minute blocks, that is going to be a force multiplier
- 44:48Speaker 9: in the lives of those companies and those individuals and
- 44:51Speaker 9: thus the people they serve and the communities that they
- 44:53Speaker 9: bring services to. So it's just invaluable to what this
- 44:58Speaker 9: profession and what this industry is all about.
- 45:00Speaker 2: We've seen how do we strengthen the front end of
- 45:03Speaker 2: our stores, how do we strengthen the profitability of our
- 45:07Speaker 2: microchains and regional chains.
- 45:09Speaker 4: It's been so important.
- 45:10Speaker 2: So talk to us about things that you've seen and
- 45:12Speaker 2: you wanted to highlight today here at TSE.
- 45:15Speaker 9: Well, I'll tell you what, in our business program on Sunday,
- 45:17Speaker 9: I thought that our chair, Dave Warner, with KPH Healthcare
- 45:20Speaker 9: Services and NACDS president and CEO Steve Anderson, they did
- 45:25Speaker 9: a fantastic job of laying out the strategic framework that
- 45:29Speaker 9: really is going to help guide NACDS moving forward. And
- 45:33Speaker 9: the board has done tremendous work in identifying those opportunities,
- 45:38Speaker 9: identifying those challenges, and really mapping out the ways that
- 45:42Speaker 9: NACDS can help transform the industry and and can continue
- 45:46Speaker 9: to drive that value to chain members and associate members
- 45:50Speaker 9: and all of their teams. And that really is going
- 45:53Speaker 9: to be the priority now, is executing on that strategic framework,
- 45:57Speaker 9: putting a little more meat on the bones, continuing to
- 46:00Speaker 9: listen to the membership, because this entire framework was built
- 46:04Speaker 9: on listening to the members, like everything that NACDS does
- 46:08Speaker 9: that's successful. So we're going to continue to do that,
- 46:10Speaker 9: and we're going to drive that strategic framework into the future.
- 46:14Speaker 9: It's a very exciting time.
- 46:16Speaker 7: All right.
- 46:16Speaker 2: So give us some numbers of how we did this
- 46:19Speaker 2: year at Total Store Expo, because it was crowded over
- 46:22Speaker 2: the last two days and the exhibit hall has been pumping.
- 46:26Speaker 4: This is our second day and it's still busy.
- 46:29Speaker 9: Well, you know, anytime you're bringing together nearly 4,000 people
- 46:32Speaker 9: from 800 companies, and when you have the power of
- 46:35Speaker 9: the pharmacies and of the suppliers, the suppliers are so,
- 46:39Speaker 9: so critical to everything that's going on. You're talking about
- 46:43Speaker 9: suppliers of products and services and technology and just all
- 46:46Speaker 9: the insights that they bring. So you have the retailers
- 46:50Speaker 9: and you have the suppliers here.
- 46:53Speaker 8: Doing business, and that matters.
- 46:55Speaker 9: But when you think about just those ideas that are firing,
- 46:59Speaker 9: as I say, with every 10-minute block of meetings or
- 47:01Speaker 9: 30-minute blocks of meetings, Those insights that are firing are
- 47:05Speaker 9: going to ignite something into the future. And you just
- 47:07Speaker 9: know that that's happening throughout this exhibit hall. And here
- 47:10Speaker 9: we are, Todd, on the last day of the event,
- 47:14Speaker 9: nearing the closing bell, if you will. And this place
- 47:17Speaker 9: is still energetic. The meetings are still happening. The exhibit
- 47:21Speaker 9: hall is still buzzing. And that really is symbolic, I think,
- 47:25Speaker 9: of the energy of this industry, the energy of this event,
- 47:28Speaker 9: and of NACDS.
- 47:30Speaker 8: Yeah, they are.
- 47:31Speaker 2: Going into 2027, knowing how seniors are going to be
- 47:35Speaker 2: reaching the pinnacle of the demographic in 2030 with baby
- 47:38Speaker 2: boomers reaching that top, it's going to be a cry
- 47:43Speaker 2: to the community pharmacies and to the chain pharmacies to
- 47:46Speaker 2: back up other health care services that are needed. We're
- 47:49Speaker 2: seeing testing happening. We're seeing pharmacists more engaged in disease
- 47:54Speaker 2: state management. It's so good to see suppliers here not
- 47:58Speaker 2: only supplying their products and services, but it's the mind share,
- 48:02Speaker 2: it's the insights that's infusing, like what's the next thing
- 48:05Speaker 2: we're going to do to stay profitable in pharmacy?
- 48:07Speaker 9: Todd, I'm glad you brought that up, specifically the seniors.
- 48:11Speaker 9: This is, I think, a great opportunity to talk just
- 48:13Speaker 9: a little bit about how the NACDS Total Store Expo
- 48:16Speaker 9: and the advocacy agenda of NACDS really do align. Right now,
- 48:23Speaker 9: NACDS and many others are advocating for an incredibly important
- 48:27Speaker 9: piece of legislation in the U.S.
- 48:28Speaker 8: Congress.
- 48:29Speaker 9: It's the Main Street Pharmacy Access Act. And this is
- 48:32Speaker 9: all about seniors. It's almost unthinkable that while many states
- 48:38Speaker 9: have taken action to allow pharmacists to provide more and
- 48:42Speaker 9: more services to their customers, to their communities, that seniors,
- 48:47Speaker 9: because of a shortcoming in public policy, seniors in Medicare
- 48:51Speaker 9: are not able to participate in many of those services. Well,
- 48:56Speaker 9: this legislation would fix that. And you talk about how pharmacists,
- 49:00Speaker 9: pharmacies are constantly ranked as the most accessible healthcare destinations
- 49:05Speaker 9: and certainly among the most trusted. We've been polling on
- 49:09Speaker 9: these issues for about 20 years. And while pharmacies and
- 49:13Speaker 9: pharmacists are so highly regarded by the American people, by
- 49:17Speaker 9: the American voter, you pretty much have to add 10
- 49:20Speaker 9: percentage points to all of those positive stats when you're
- 49:23Speaker 9: looking at how seniors perceive the pharmacists and the pharmacies.
- 49:28Speaker 9: They need these services. They want to get them from
- 49:32Speaker 9: their trusted pharmacy. It really has to happen. We're closer
- 49:35Speaker 9: than ever. In May, the Key House Committee passed the
- 49:40Speaker 9: legislation for the first time. Now we have to get
- 49:42Speaker 9: it over to the finish line.
- 49:44Speaker 2: Chris, I love how NACDS holds the hands of other associations,
- 49:48Speaker 2: your partnership with NCPA, your partnership with the ASCP, focusing
- 49:53Speaker 2: on our consultant pharmacists, the APC focused on compounding. NACDS
- 49:59Speaker 2: has always done an amazing job of being collaborative.
- 50:01Speaker 4: So I very much appreciate seeing that.
- 50:04Speaker 9: Todd, I think what you just said does need to
- 50:06Speaker 9: be underscored because collaboration and speaking with one voice is
- 50:11Speaker 9: simply not a nice-to-have when it comes to public policy success.
- 50:15Speaker 9: It's a must-have. I can't tell you how many members
- 50:19Speaker 9: of Congress have said, if you had not been aligned
- 50:22Speaker 9: for the entire pharmacy community, if you had not been
- 50:26Speaker 9: aligned on PBM reform, pharmacy benefit manager reform, Those reforms
- 50:31Speaker 9: would not have been enacted in February of 2026. And
- 50:35Speaker 9: that certainly was a long-time effort. You know that as
- 50:38Speaker 9: well as anybody. We've talked about it for quite some time.
- 50:41Speaker 9: It wouldn't have happened if the independents, the chains, people
- 50:46Speaker 9: throughout the profession, if they hadn't been aligned on what
- 50:48Speaker 9: reform means and just how important it is for the
- 50:52Speaker 9: future of all Americans and their pharmacies.
- 50:55Speaker 8: So that's what got it done.
- 50:57Speaker 9: We need to stay united.
- 50:58Speaker 8: I love it.
- 50:59Speaker 7: All right.
- 51:00Speaker 2: NACDS, Total Store Expo 2027. Tell us where we're going
- 51:04Speaker 2: to be.
- 51:05Speaker 9: We are going to be in beautiful San Diego. Boston
- 51:08Speaker 9: sets up fantastically for this meeting. San Diego does as well.
- 51:12Speaker 9: And it has really become a powerful duo for this
- 51:16Speaker 9: industry and for this association. We can't wait to be
- 51:19Speaker 9: in San Diego. We look forward to welcoming everybody back.
- 51:22Speaker 9: We can't wait to hear how everybody's built on the
- 51:25Speaker 9: progress of the 2026 Total Store Expo. So we're looking
- 51:28Speaker 9: forward to rolling right from this into the new year,
- 51:33Speaker 9: the regional chain conference, the annual meeting, and then right
- 51:37Speaker 9: into 2027 Total Store Expo in San Diego.
- 51:40Speaker 4: We'll be there.
- 51:41Speaker 2: East Coast, West Coast, we'll definitely be there, Chris. Thank
- 51:44Speaker 2: you so much for being on the Rewind Show covering
- 51:47Speaker 2: the Total Store Expo.
- 51:48Speaker 9: Todd, thanks for all you do. You're pivotal to this profession,
- 51:51Speaker 9: to this industry, and to NACDS. We really appreciate you.
- 51:55Speaker 8: Thank you.