Pharmacy operators have asked for more practical, timely business intelligence to support pharmacy operations and decision-making. We listened.
Neighbourhood Pharmacies is pleased to introduce Pharmacy Performance Benchmarks —a first-of-its-kind resource that provides pharmacy operators with unprecedented insight into expected pharmacy performance across Canada.
Developed in partnership with IQVIA Canada, these exclusive benchmarks are available only through Neighbourhood Pharmacies and provide robust, data-driven trends in prescription volume, prescription sales, and drug costs. Operators can explore performance expectations by region, pharmacy model, population served, and medication category based on the clearest picture yet of how Canadian pharmacies are performing and what "good" looks like in today's marketplace.
Our Pharmacy Performance Benchmarks suite includes the following:
All Pharmacy Performance Benchmarks (Accessible to All)
High-level national, provincial pharmacy statistics and performance trends, including all both Traditional models(chain, banner/independent, food/mass merchandizers) and Non-Traditional models) for all dispensed drugs.
Traditional Pharmacy Models Performance Benchmarks* (Members Only)
A deeper dive into specific sales, cost and performance metrics stratified by population and regional demographics and drug type. Further analysis and commentary is also provided to explore trends, what they mean, and provide direction for operator business decisions.
Pharmacy Performance Calculator* (Members Only)
Custom tool that allows pharmacy operators to compare the performance of any individual pharmacy against these benchmarks, drilling down into granular comparisons by region, business model, medication category and population; delivering a level of sector intelligence not available anywhere else.
*At this time, these member-exclusive tools have been customized for traditional pharmacy models (Chain, Banner/Independent and Grocery/Mass Merchandizer only). Tools customized for the Specialty/Non-Traditional Market will be a future release.
