| Literature DB >> 35519080 |
Abstract
Entities:
Year: 2022 PMID: 35519080 PMCID: PMC9067071 DOI: 10.1177/17151635221087607
Source DB: PubMed Journal: Can Pharm J (Ott) ISSN: 1715-1635
Figure 1Political, economic, social and technological (PEST) factors influencing pharmacist-provided travel services
Pro forma income statement
| Revenues | |
|---|---|
| Consultation fees ($50 per patient) | $90,600.00 |
| Revenue from 2.31 vaccines per patient
| $401,829.12 |
| Revenue from 1.48 nonvaccine Rx products per patient
| $62,369.04 |
| Revenue from 4.76 non-Rx products per patient
| $116,439.12 |
|
| $671,237.28 |
Additional revenue streams could include referral fees from tour operators and travel insurers, sales and/or fees from non-travel-specific vaccines (e.g., influenza, pneumonia), sales of travel-sized personal care items, ad sales from digital offerings (e.g., mobile applications) and publicly funded medication reviews incorporated into the travel health consult.
Figure 2Strengths, weaknesses, opportunities, threats (SWOT) analysis influencing pharmacist-provided travel services
| Expenses | |
|---|---|
| Cost of goods sold | $368,995.68 |
| Amortization and depletion expense
| $8726.08 |
| Wages
| $66,476.20 |
| Benefits
| $16,660.00 |
| Rent
| $22,822.07 |
| Supplies | $3000.00 |
| Utilities, software, telecommunications
| $8298.66 |
| Insurance expense
| $19,465.88 |
| Repairs and maintenance
| $2013.71 |
| Professional and business fees
| $18,123.41 |
| ISTM annual membership fee
| $266.00 |
| Advertising
| $5369.90 |
| Interest and bank charges
| $4698.66 |
|
| $544,916.25 |
|
| $126,321.03 |
Cost-containment strategies could include using sublet spaces or affiliation with traditional pharmacies or using a “sweat equity” compensation model to replace a portion of traditional wages.