The end of the calendar year is a suitable time for businesses to review their operations, budgets, business forecasts, and most importantly, their insurance policies. Many things can change over the course of the year that can make your insurance policies insufficient. Adding new employees, creating new product categories, and investing in new equipment are […]

End of year risk and compliance reviews should be conducted by all businesses, especially pharmacies. As the regulations, like HIPAA, certifications, such as those required by your PBMs or Pharmacy Benefit Managers, and other related statutes that your pharmacy must adhere to, change on a regular basis, it’s crucial to do these end-of-year reviews. In […]

Successfully running a business requires some forethought and planning. Your board of directors no doubt meets monthly to go over profit statements and plan how to grow the business. For manufacturing companies, this usually includes the addition of new equipment to cover the needs of a new or expanded product line. But what happens when […]

You need to keep every part of your business safe, not just your physical location, right? Every business puts locks on the doors when they close their store or service center for the night in order to prevent criminals from gaining access and stealing their merchandise, tools, and other goods. It’s the same thing with […]

Structure fires can start in many different ways. Some come from the kitchen, where an appliance malfunctioned or some grease caught on fire. Others are caused by faulty wiring or simply homeowner or tenant mistakes. What do all of these things have in common? They cause damage to the buildings in your homeowner’s association (HOA), […]

Normally, you think of physicians only when the words “malpractice insurance” come up. However, pharmacists can benefit from having a malpractice insurance policy as well. Pharmacists do more than just dole out prescribed medications. Since their duties include checking for drug interactions, ensuring that the doctors prescribed the correct dosages, and more, having a malpractice […]

If you take two manufacturing companies that make the exact same items and look at their processes, you’ll find that both are most likely very different. Most manufacturing businesses have their own internal processes and systems that are proprietary and secret. Not only do these secrets keep competitors in the dark, but they also allow […]