A pharmacy owner is handed money at the checkout counter.
Industry updates and trends

Pharmacy Revenue Opportunities for 2025

October 8, 2024

As we round into the final quarter of 2024 and head into 2025, it’s important to take stock of the current pharmacy environment and make changes for the new year. Pharmacy owners today are faced with evolving industry trends and many financial challenges — but also opportunities to diversify revenue streams. 

Pharmacies must adapt and expand their offerings to stay competitive and meet growing patient demands. 

Check out our ideas for revenue opportunities for success in the upcoming year — and beyond.

Clinical Services and Point-of-Care Testing 

Pharmacies are becoming key players in providing clinical health services to patients. Expanding beyond dispensing medications, pharmacies can offer point-of-care testing for conditions like flu, COVID-19, strep throat, and other illnesses or health conditions.

With accessible testing and timely results, pharmacies can drive foot traffic while billing for these services. Clinical consultations and medication management services, such as medication therapy management (MTM), also present additional revenue streams that could be a lucrative option for your practice.

Immunizations and Wellness Programs

With an increasing focus on wellness and preventive care in the broader healthcare landscape, pharmacies are perfectly positioned to offer immunizations for flu, shingles, pneumonia, and travel vaccines. 

In 2025, demand for COVID-19 boosters and other preventive vaccines will continue, especially among at-risk groups. You can learn more about today’s most in-demand vaccines, here.

With the rise of consciousness around GLP-1 medications, the management of weight loss, and other conditions, 2025 could also be your year to develop wellness programs targeting chronic conditions such as hypertension and diabetes, creating recurring revenue from patient enrollment in personalized care programs.

Digital Health and Telepharmacy 

The rise of telemedicine creates an opportunity for pharmacies to expand services virtually. Partnering with digital health platforms may allow you to offer telepharmacy consultations, remote medication reviews, and counseling services — all of which deliver personalized, unparalleled levels of care to your patients.

Offering online checkout and refill services, like Nimble, alongside telehealth can drive patient loyalty and adherence while increasing overall satisfaction with the breadth of options and services at your practice. 

In 2025, pharmacies that embrace innovation and expand services will not only diversify revenue but also strengthen patient relationships and enhance overall healthcare access. Interested in how Nimble can help? Speak with a member of our team.

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