2021 COMPOUNDING PHARMACY OWNER SUMMIT
⇝ SOLD OUT ⇜
AN IN-PERSON, SOCIALLY DISTANCED, BUSINESS-FOCUSED,
LEARNING, PLANNING, AND NETWORKING EVENT
FOR COMPOUNDING PHARMACY OWNERS AND MANAGERS
March 25–27, 2021
The Westin at Jekyll Island, Georgia
Thank you to our sponsors
and APC members Mark Binkley, Jeff Bray, Janet Coleman, Ana Cristina Gil, John Kim,
Jack Korbutov, Matt Lopatka, Shaun Noorian, Jorges Reyes, and Doug Yoch
Thank you to our exhibitors
ARL, DoseLogix, Eagle Analytical Services, Independent Rx Consulting, Integrated Financial Group, Letco Medical, Medisca, MediZap, PCCA, Revelation Pharma Corporation, and Uberlube.
NOTE: In the interest of safety, and at the request of our presenters, masks will be required in Owner Summit sessions.
Thursday, March 25, 2021
10:00am: APC Executive Committee meeting
1:00pm: APC Board of Directors meeting
5:00pm: Welcome Reception
Friday, March 26, 2021
7:45am: Breakfast, exhibits open
8:30am: Welcome: President Michael Blaire and CEO Scott Brunner, CAE
8:45am: Keynote: Three Questions to Inspire your Team and Grow Your Business: What If? Why Not? How Can?
with StoryMiners’ Mike Wittenstein
Compounding is compounding, business is business. NOT! Everyone you work with is reeling from the changes forced upon them — and that trickles down to your business. In this session, you’ll gain a new perspective on your own business — one that lets you connect more meaningfully with existing and new prescribers and patients and engage your employees at the same time. To make it real, you will get an introduction to some clever-and-practical technologies that will make running the marketing side of the business easier, let your brand stand out, and help your business grow.
9:45am: Small Groups: Takeaways
10:30am: An APC Family Chat
Challenges abound. And so do opportunities. But resources are scarce. Join APC leaders Mike Blaire, Shawn Hodges, and Scott Brunner for a look at APC’s audacious plans — and what it may mean for you.
11:00am: Contracting, Billing and Compliance
with Pharmacy Compliance Consulting’s Chris Gruber
A discussion of the history, current market, and future progression of pharmacy compounding in the third-party payor world as it relates to contracting, billing, and compliance. Will your future reward you? Or will your history haunt you?
11:45am: Small Groups: Takeaways
12:15–1:00pm: LUNCH: PCCA Showcase
Building an Effective Attendance Policy Around a Positive Culture
Do you have employees that are regularly late or tardy? Does their unreliability negatively affect the cohesiveness of the rest of the staff? Bryan Prescott will share his observations from his business coaching discussions with PCCA member pharmacies and his own experiences as a pharmacy manager. He will also share best practices from outside the pharmacy world by sharing the standards and policies of his former employer, Southwest Airlines, a company long renowned for their amazing internal culture.
1:30pm: From A to B: The Why & How of Becoming an Outsourcing Facility
with Empower’s Shaun Noorian
Get a briefing on the why and why not, as well as the processes, systems, and technologies necessary in transitioning from a 503A compounding pharmacy to a 503B outsourcing facility.
2:15pm: Small Groups: Takeaways
3:00pm: Maximizing Your Sales Team’s Effectiveness
with Innovation Compounding’s Shawn Hodges
This session is where you’ll discover tools for developing an effective sales strategy — including a call plan that maximizes the potential of the pharmacy sales team. We’ll show you how to achieve a quick return on investment, increased customer loyalty, and in turn, an increased in pharmacy presence in the healthcare community. You’ll learn from Shawn’s experiences — both good and bad — and he’ll share his sales plans to help you implement your own plans.
3:45pm: Small Groups: Takeaways
4:15pm: SESSION: The Best Decision I’ve Made All Year:
Quick presentations from owners sharing one idea that has made a difference for their businesses/practices this year
In this fast-paced session, we’ll ask owners about the one decision you’ve made in the past year that made a difference — and what you learned from it. We promise you’ll walk away with dozens of new ideas to take home and implement in your business.
5:30–6:30pm: CompPAC Fundraiser
With Rep. Neal Dunn (R-FL); co-hosted by Jeffery and Alexandra Bray and Shawn Hodges
Dinner on your own
Saturday, March 27
7:45–8:30am: BREAKFAST: Letco Showcase
Risk Mitigation Is No Trivial Matter: Test Your Knowledge
Start your Saturday morning off right with a healthy serving of compounding trivia, along with case studies on the importance of mitigating risk. Join Erik Tosh from Letco Med to learn what you need to know to better protect your patients and your pharmacy while testing your own knowledge against your peers. You will leave this interactive session with a stronger understanding of SOPs and common areas that pharmacy owners and compounders may overlook — and possibly one of our cash prizes.
8:30am: Recap and Announcements
8:45am: What’s It Worth: Assessing the Value of Your Business
with the Vant Group’s Alex Vantarakis
This of this as “Top Ten Mistakes to Avoid When Pricing your Compound Pharmacy.” Selling an asset like a business — a living, breathing entity — is much different than selling an asset like real estate where it is easy to have comparable and similar transactions. In this session, we’ll break down the process as well as share mistakes to avoid in the pricing of a compounding pharmacy.
9:45am: Staff Incentives That Reward Success & Drive Productivity
with Independent Rx Consulting’s Mark Nelson
Join us for a deep dive into staff incentives, gamification, and other ways to create and retain a “rock star” pharmacy team. This session will cover a wide range of incentive programs that can be affordable and customized to fit your pharmacy, We’ll also share ideas on how to direct and motivate your staff and recognize ways to create or improve a positive business culture — and we’ll demonstrate how to effectively implement these programs well.
10:15am: Office Systems That Work
with Independent Rx Consulting’s Mark Nelson
Join this engaging discussion covering a range of topics to help increase your business success. From operational best practices, technologies that increase efficiency, and ways to analyze and leverage your data to increase sales. Turn complexity and chaos into real strategy execution initiatives.
10:45am: Financial Planning for What’s Next — and What’s After That
with Integrated Financial Group’s Mike Tarrant, CFP
Every owner will exit the business. The questions are when and on whose terms. Incorporating a long-term “exit planning mindset” into your business decisions and financial plan can make all the difference. In this session, we will highlight these big picture considerations, touch on transaction options, and talk about some investment strategies for your potential windfall as you prepare to eventually pass the baton.
11:15am: Small Groups: Takeaways
Noon–12:45pm: LUNCH: Medisca Showcase
Looking for Ways to Increase Profitability? Two Three-letter Words Come to Mind — CBD and BUD
Valued at $5 billion in 2019 and estimated to reach $24 billion in 2023, the cannabinoid industry is fired up and it’s only the beginning. In this session you’ll learn why independent pharmacies with established trust within the community should own the CBD space.
1:00pm: Crystal Ball-Reading: What’s on the Horizon? And How Do We Prepare?
What’s on the horizon for pharmacy compounding? And how do you prepare for it? In this visioning session, we’ll look to the future – and help you prepare for it!
2:00pm: Small Groups: Takeaways
2:30pm: cBHT Media Campaign Briefing
with FitzMartin’s Sean Doyle and APC’s Scott Brunner
Owner + 1 Partner/Spouse: $1,650
(Registration includes all sessions, exhibits, four meals, two breaks, and opening reception.)
The Westin is now sold out for the dates of the Owner Summit.
There are still rooms available at the nearby Hampton Inn & Suites Jekyll Island.
Click here for Hampton Inn reservations.
Jekyll Island is a 20-minute ride from the Brunswick, Georgia, airport (BQK), serviced by Delta.
It’s about an hour from the Jacksonville International Airport.
Cancellation Policy/Refund Policy: Refunds are limited to conference fees paid, and do not include travel, lodging, transportation, or other fees paid independently of conference registration at the time of refund request. Conference fees paid include but are not limited to event registration and additional guest tickets.
Cancellations may be submitted at any time and must be submitted to APC in writing (firstname.lastname@example.org). All refund requests must be submitted in writing, to email@example.com. All refunds will be remitted by check.
To qualify for a full refund of registration fees paid less a $50 administrative fee, a written cancellation must be received by APC no later than 11:59 PM PST on Thursday, March 11, 2021. After that time no refunds will be given due to contracts with the hotel.