The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.
Welcome to the Bottom Line Pharmacy Podcast! On this show, we bring you valuable insights from pharmacists, key vendors and other innovators to bring you pharmacy CPA advice and fuel your bottom line. Subscribe wherever you listen to podcasts for the latest in independent pharmacy!
Episodes
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Inventory management...One of the top contributors to profit loss in independent pharmacies.
Yet many owners still rely on outdated systems and reactive strategies.
So how can pharmacy leaders optimize inventory, adapt to market shifts, and still maintain community connection?
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP®, Bon...
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The tax landscape is shifting for pharmacies...Are you ready to adapt?
In this bonus episode of The Bottom Line Pharmacy Podcast, we bring you fresh insights from the trade show at Connect2025 from RedSail Technologies.
Scotty Sykes, CPA, CFP® and Kathy Blanchard, Senior Pharmacy Accountant deliver a boots-on-the-ground recap of the Con...
Check out the full episode with bonus insights
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Multi-store owners: Are running payroll through all of your locations? This episode is a must listen...
In this episode of Master the Margin, Scotty Sykes, CPA, CFP® and Kathy Blanchard, Senior Pharmacy Accountant, dive into the nuances of common paymaster status and why it’s often misunderstood in multi-store pharmacy ...
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Cyberattacks targeting healthcare are rising, with pharmacies increasingly in the crosshairs.
From ransomware to phishing scams, the threats are real...and constant.
But how can independent pharmacies defend themselves against a digital siege?
In this episode of The Bottom Line Pharmacy Podcast we have 3 people of the Sykes & Company team, Scotty Sykes, CPA, CFP...
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According to the Centers for Disease Control and Prevention (CDC), diabetes is about 17% more prevalent in rural areas than urban ones. With rural communities often facing barriers to accessing healthcare, including limited specialists and transportation.
But what if there was a way to increase rural patient access to specialists?
In ...
Check out the full episode with bonus insights
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📄 389 pages of proposed reform. Four big takeaways for pharmacy owners. Countless implications for your tax strategy.
In the world of tax legislation, 389 pages might feel “short and sweet.”
But inside Congress’s latest tax proposal are sweeping changes that could significantly reshape the financial outlook for pharmacy...
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Can Culture Make or Break Your Pharmacy?
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP® and Bonnie Bond, CPA sit down with Chris Cornelison, CEO of Solutions Rx, Best-Selling Author of the Book 'Super Culture' and Keynote Speaker to explore the one competitive advantage every pharmacy owner can fully control: Culture.
This epi...
Is Your Pharmacy Prepared for a Cyberattack?
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP and Austin Murray sit down with Trenton Thiede, President of PAAS National, to unpack the rising cybersecurity threats facing independent pharmacies and what owners must do to stay compliant and protected.
We dive into everything from:
- HIPAA compliance updates
- AI risks, mult...
Pill bottles don’t talk...but what if they could? Now you can know exactly how (and when) patients take their meds.
That’s the power of Remote Therapeutic Monitoring!
And on this week’s episode of The Bottom Line Pharmacy Podcast, we're diving into the mechanics of Remote Therapeutic Monitoring.
Bonnie Bond, CPA, and Austin Murray sit down with Jen Whalen, Direc...
Cracking the 340B code can feel like climbing Mt. Everest…but done right, it can be an absolute game-changer for independent pharmacies.
That’s what this week’s episode of The Bottom Line Pharmacy Podcast is all about!
Scotty Sykes, CPA, CFP® and Kathy Blanchard team up with Draven Tell, Lead Analyst at Secure340B to break down:
- Low Hanging Fruits With 340B Pro...
Are you shipping GLPs and other compounded medications out of state? You may have a tax compliance issue.
From constant GLP changes to multi-state taxes, we’re coming to you post-APC Owner’s Summit to bring you the 411 on the compounding world!
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP® and Austin Murray share key insights from the APC Summit.
Tune in to...
Growth Mode…Activated! ✅
From the show floor at the inaugural AtriumX conference, Sykes & Company Leaders Scotty Sykes, CPA, CFP and Austin Murray caught up with Todd Eury, Owner and Founder of RxPR and Pharmacy Podcast Network.
On this special bonus episode of the Bottom Line Pharmacy Podcast we touch on:
- Diversifying Revenue in Your Pharmacy
- Expanding You...
Check out the full episode on our Master The Margin SubStack
Looking to take your pharmacy to the next level? Schedule an Rx Assessment
Thinking of expanding into functional medicine, telemedicine, or cash-based care models? We’ve got all of that and more in this episode!
In this episode of the Bottom Line Pharmacy Podcast, we’re giving you the most impactful takeaways from our recent appearance at the inaugural Atrium...
Turning a struggling pharmacy around...it takes strategy, infrastructure, and most importantly, strong 👏 relationships 👏
That’s the focus for this week’s episode of The Bottom Line Pharmacy Podcast!
This week, Scotty Sykes, CPA, CFP® and Bonnie Bond, CPA sit down with Dr. Justin Clark, PharmD, RPh, BCSCP, and Owner of Val Vista Pharmacy in Arizona, to discuss:
- Journey from pharmacist to pharmacy owner
- The role of in...
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And out came the tax changes!
In this episode of The Bottom Line Pharmacy Podcast, we’re taking a step away from our guest interviews to bring you some start of 2025 updates.
Scotty Sykes, CPA, CFP and Bonnie Bond, CPA discuss:
- 2025 tax changes
- The launch of Master The Margin
- Tax season best practices for independent pharmacies
- And more!
Stay up to date on new episodes by liking a...
Looking at getting into compounding? Don’t just dabble in it, go all in.
That’s the theme of this week’s episode of The Bottom Line Pharmacy Podcast!
Scotty Sykes, CPA, CFP and Marketing guru Austin Murray of Sykes & Company, P.A. sat down with Dr. Kevin Borg PharmD, America’s Pharmacist and owner of Potters House Apothecary and Prescott Compounding Pharmacy to discuss:
Precision. Profit. Performance.
In this episode of The Bottom Line Pharmacy podcast, Scotty Sykes, CPA, CFP and Bonnie Bond, CPA sit down with Nicolette Mathey, PharmD, CEO & Founder of Atrium24 and Dotti to dive into the profitability levers for independent pharmacies in 2025
We cover everything from telemedicine, compounded GLPs, upcoming tax changes, and more!
More About Nicolette Mathey:
Dr. Nicolette Mathey s...
Welcome to the first episode of our special series: Infusion Revolution where we discuss all things owning and operating an infusion pharmacy.
From accounting and tax best practices to industry changes and trends, you can catch it all on this podcast series.
On this first episode, it's all about Starting an Infusion Pharmacy 101! We sit down with Greco De Valencia, VP of Pharmacy and Senior Loan Officer at Live Oa...
In January of 2024, the Financial Crimes Enforcement Network (FinCEN) began accepting Beneficial Ownership Information reports with a deadline for businesses to file by December 31st, 2024.
Flash forward to December 4th, 2024, the Federal Court Blocks Corporate Transparency Act Nationwide changing the Beneficial Ownership Information filing requirements for businesses leaving many curious to where it stands c...
Buying from primary vs. Secondary wholesalers, when is it best for your pharmacy and how does it impact your bottom line?
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP, Bonnie Bond, CPA, and Ollin Sykes, CPA, CITP, CMA sit down with Wade Hinkle, Founder and CEO of Pharmacy Market Place to discuss:
- Optimizing pharmacy operations through technology
- Inefficiencies in traditional pharmacy pu...
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