The Bottom Line Pharmacy Podcast: Sykes & Company, P.A. – Details, episodes & analysis
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The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.
Sykes & Company, P.A.
Frequency: 1 episode/11d. Total Eps: 129
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!
Recent rankings
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Apple Podcasts
🇨🇦 Canada - management
16/02/2026#59🇨🇦 Canada - management
30/10/2024#61
Spotify
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Shared links between episodes and podcasts
Links found in episode descriptions and other podcasts that share them.
See all- https://twitter.com/ScottySykesCPA
151 shares
- https://twitter.com/BonnieEvansBond
100 shares
- https://twitter.com/OllinSykes
85 shares
RSS feed quality and score
Technical evaluation of the podcast's RSS feed quality and structure.
See allScore global : 27%
Publication history
Monthly episode publishing history over the past years.
Pharmacy Automation Inside Out: Cost-Control and Tax Strategies With Darin Gleason, ScriptPro
vendredi 25 octobre 2024 • Duration 30:30
Questions about robotics and tax planning? Don’t miss this episode of The Bottom Line Pharmacy Podcast!
Join Scotty Sykes, CPA, CFP and Bonnie Bond, CPA as they sit down with Darin Gleason, National Sales Director for Retail Pharmacies at ScriptPro to discuss:
- Impact of tax changes on pharmacies and bonus depreciation
- Managing costs and improving efficiency in your pharmacy
- Maximizing tax savings by implementing robotics
Stay up to date on new episodes by liking and subscribing!
Read and follow along with this episode at the show transcript:
More about our guest:
Darin Gleason is the National Sales Director for Retail and Chains with ScriptPro. He has 17 years of experience working with independent pharmacies and automation. In his 17 years of work with independent pharmacies, Darin has seen many changes including changes in Medicare Part D reimbursements, COVID, and DIR fees.
ScriptPro is a pharmacy automation system that is built and installed to the custom specs of the pharmacy.
Follow Darin Gleason and ScriptPro:
Darin Gleason LinkedIn
ScriptPro Website
Check out all of our social media:
Sykes & Company, P.A. Facebook
Sykes & Company, P.A. LinkedIn
Sykes & Company, P.A. Instagram
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Podcast – The Hidden Cost of Not Automating
Blog - Improving Profitability and Customer Service Levels Through AI
SERIES: Master The Margin Episode 5 | Tax Reform Update: 2025 Changes to the Tax Cuts and Jobs Act
mercredi 23 octobre 2024 • Duration 13:46
In 2017, the first major tax reform in over 30 years passed and it had a tremendous impact on independent pharmacies.
Now, with the 2024 election right around the corner, many of these items could see a change!
In this episode of Master The Margin, we're taking a step back from exploring the Balance Sheet and diving into an urgent update on the Tax Cuts and Jobs Act.
Scotty Sykes goes over:
- What's in the Tax Cuts and Jobs Act.
- Updates to Tax Items That Affect Independent Pharmacies.
- Election Impacts and Changes You Can Expect in 2025 tax reform.
Did you like this episode? Stay up to date on new episodes by liking and subscribing!
Read and follow along with this episode at the show transcript
Stay connected with us on social media:
YouTube
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources on this topic:
Webinar - Tax Cuts and Jobs Act of 2017: Pharmacy Impact and §199A
Blog – Tax-smart Depreciation on Pharmacy Buildings and Equipment
Blog – Maximize Pharmacy State and Local Tax Deductions (SALT)
SERIES: Master The Margin Episode 2 | The Balance Sheet: A Snapshot In Time
vendredi 9 août 2024 • Duration 07:18
The Balance Sheet: A Snapshot in Time in how your pharmacy is financially from an asset, liability, and equity perspective.
In this episode of Master The Margin, Scotty Sykes, CPA CFP® and Kathy Blanchard, Senior Pharmacy Accountant build on the foundational principles (fundamental accounting) discussed in their inaugural episode by exploring the balance sheet!
Join Scotty Sykes, CPA, CFP®, and Kathy Blanchard, Senior Pharmacy Accountant explore:
- The formula "Assets = Liabilities + Equity"
- Its significance in providing a snapshot of a pharmacy's financial health
- Common assets you'll find on a pharmacy's balance sheet
- The importance of tracking current assets
Did you like this episode? Stay up to date on new episodes by liking and subscribing!
Read and follow along with this episode at the show transcript
Stay connected with us on social media:
Sykes & Company P.A.:
Hosts
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Podcast – Independent Pharmacy Accounting Fundamentals
Blog – Fundamentals of Pharmacy Accounting
Presentation – Fundamentals of Pharmacy Accounting: Navigating 2024 and Beyond
The Prescription for Talent: Finding, Hiring, and Keeping the Best in Pharmacy With Tyler Davis
jeudi 8 août 2024 • Duration 36:56
Looking to find, hire, and keep the best in your pharmacy? Tune in to this episode of the Bottom Line Pharmacy Podcast with Sykes & Company, P.A.’s very own Director of People Operations, Tyler Davis!
This episode dives deep into.:
- The changing hiring dynamics
- Things to consider before hiring techs
- Tips to retain talent on your team
- How A.I. is helping streamline the hiring process
Tune in to this packed episode with actionable insights and advice to help you build a high-performing pharmacy team!
Did you like this episode? Stay up to date on new episodes by liking and subscribing!
Click here to learn more about our podcast team and previous episodes.
Click here to read and follow along with transcript
More about our guest:
Tyler Davis is the Director of People Operations for Sykes & Company, P.A.
As the Director of People Operations at Sykes & Company, P.A., Tyler oversees the human resources functions. He is responsible for developing and implementing HR strategies, policies, and programs that align with the company's vision, mission, and goals.
Adding to his 10+ years of comprehensive experience in the HR field, Tyler holds a certification in Human Resources Management from Pitt Community College.
Tyler’s core competencies include HR service center implementation, team member benefit administration, HR project management, and talent acquisition.
Tyler has successfully led and supported multiple HR initiatives and projects that improved the efficiency, effectiveness, and quality of HR services and processes. He has also recruited and trained diverse and talented professionals for various roles and levels within the health and accounting sectors.
Tyler is passionate about building and fostering a positive, inclusive, and collaborative work culture that empowers and motivates employees to achieve their full potential.
Want to learn more about Tyler Davis and stay connected with them? Check out their social media below:
Tyler Davis LinkedIn
Sykes & Company, P.A. Facebook
Sykes & Company, P.A. Twitter (X)
Sykes & Company, P.A. LinkedIn
Sykes & Company, P.A. Instagram
CPA’s:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources on this topic:
Unpacking Drug Pricing, Integration, and Pharmacy Opportunities with Dared Price
jeudi 1 août 2024 • Duration 29:41
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP and Austin Murray with Sykes & Company are talking about all things PBM related with Dared Price from OreadRx.
Join us as we discuss the:
- Urgent need for transparency and reform in the industry
- Intricate world of Pharmacy Benefit Managers (PBMs)
- OreadRx self-sufficient and transparent PBM model
- Opportunities for Growth in Pharmacy
Stay up to date on new episodes by liking and subscribing!
Click here to learn more about our podcast team and previous episodes.
Read and follow along with this episode by clicking here
Schedule an Rx Assessment
More about our guest:
Dared Price is the owner of 7 independent community pharmacy locations in South Central Kansas, Graves Drugs and the Damm Pharmacies. He serves on the board of directors for the National Community Pharmacy Association and is the immediate past president of the Kansas Pharmacist Association. Price is also co-owner of Oread Rx, a transparent, pass through pharmacy benefit company.
Stay connected with Dared Price and OreadRx:
Stay connected with us on social media
Sykes & Company P.A.:
Facebook
Twitter (X)
LinkedIn
Instagram
CPA’s:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Podcast – Navigating Pharmacy Reimbursements and Negotiation Strategies
Podcast – Finishing the Fight: What’s Next for Independent Pharmacy
Finishing the Fight: What’s Next for Independent Pharmacy with Doug Hoey, CEO of NCPA
jeudi 25 juillet 2024 • Duration 26:41
🎉 It’s episode 50 which means it’s time to celebrate a milestone! 🎉
In this milestone episode, Ollin Sykes, CPA, CMA, CITP and Bonnie Bond, CPA are thrilled to sit down with the esteemed Doug Hoey, CEO of the National Community Pharmacists Association (NCPA).
This episode is packed with updates and insights into:
- Payment Reform
- Finish the Fight Campaign
- Advice for Independent Pharmacy Owners in 2024
Join the Discussion with Ollin Sykes, Bonnie Bond, and Doug Hoey!
Stay up to date on new episodes by liking and subscribing!
Read and follow along with this episode by clicking here for the transcript.
More about our guest:
Douglas Hoey is the Chief Executive Officer of the National Community Pharmacists Association. NCPA represents the owners of nearly 20,000 pharmacy small businesses who’s pharmacists provide prescription dispensing services and help fill primary care gaps. The majority of these pharmacies are located in areas the CDC ranks as “high” or “very high” on the Socially Vulnerable Index. Consumers consistently rank community pharmacies as the top-rated pharmacies in the country.
Hoey is a licensed pharmacist in Oklahoma, Virginia, and Texas and practiced in community pharmacies including his family’s pharmacy before coming to NCPA. He is widely quoted by media as an industry expert on community pharmacy payment and practice issues. Hoey also developed and taught pharmacology courses at George Washington and Marymount universities.
He is President of the World Pharmacy Council, co-Chairman of the Board of Directors for Surescripts, Chairman of the NCPA Innovation Center, and co-Chairman of the CPESN-USA Board.
Want to learn more about Doug Hoey the NCPA and stay connected with them? Check out their social media below:
Stay connected with us on social media:
Sykes & Company P.A.:
Facebook
Twitter (X)
LinkedIn
Instagram
CPA’s:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Press Release – Sykes & Company, P.A. Joins NCPA’s CORE Program
Tradeshow Series: Live at McKesson with Nicolette Mathey, PharmD
samedi 20 juillet 2024 • Duration 20:25
In this special episode of our tradeshow series, we come to you from 2024 McKesson IdeaShare!
Scotty Sykes, CPA, CFP and Kathy Blanchard, Senior Pharmacy Accountant share trends, insights from their talk at the Deep Dive Labs, and we also bring on Nicolette Mathey, PharmD to do a deep dive into the GLP compounding opportunity for independent pharmacies.
Stay up to date on new episodes by following our show!
About Nicolette Mathey, PharmD:
Dr. Nicolette Mathey started her career at Walgreens at age 16 and earned her PharmD from the University of Florida in 2010. After pioneering a successful Bedside Delivery program at BayCare Health Systems, she became the Director of Clinical Services at Pharmacy Development Services. There, she co-developed the Clinical Services Profit Ignitor and played a pivotal role in early data analytics. In 2017, Nicolette acquired Palm Harbor Pharmacy, transforming it from a contracts-only establishment in a Heat Zone to a thriving hub. She revamped its identity, introducing robust digital marketing, a multi-rep sales system, compounding, immunizations, NABP accreditation, Test & Treat, Pharmacogenomic (PGX) Testing, and more. In 2019, Nicolette founded ATRIUM24, initially offering business consulting to pharmacies. Focused on developing software to automate data analytics and launch Dotti, the industry’s first CRM sales system tailored for pharmacies, she sold Palm Harbor Pharmacy to another independent owner in October 2023. With the official launch of Dotti in January 2024, Dr. Mathey continues to innovate, aiding pharmacies in maximizing their data for profitability and growth. Through ATRIUM24 and Dotti, she and her team “connect the dots” for sales and marketing initiatives, empowering pharmacies with cutting-edge tools.
Stay connected with us on social media:
CPA’s:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Blog – The Changing Pharmacy Dynamics: Unveiling New Financial Trends for 2024
Blog – Top 3 Independent Pharmacy Accounting Tips for 2024
SERIES – Master the Margin Episode 1: Independent Pharmacy Accounting Fundamentals
SERIES: Master The Margin Episode 1: Independent Pharmacy Accounting Fundamentals
jeudi 18 juillet 2024 • Duration 07:21
Welcome to the inaugural episode of our newest series Master the Margin with Scotty Sykes, CPA, CFP, and Kathy Blanchard, Senior Pharmacy Accountant
This series is all about diving deep into accounting and tax topics for independent pharmacy owners.
In this episode, we’re starting with the basics...fundamental accounting.
We share insights into:
- How to tackle common accounting challenges in the pharmacy industry
- The basics of balance sheets and profit and loss statements
- The importance of data integrity in your financials
- Scotty’s love for all things caffeine
Implement a fundamental accounting system in your pharmacy, schedule an Rx Assessment
Read and follow along with the show transcript.
Did you like this episode? Stay up to date on new episodes by liking and subscribing! Click here to learn more about our podcast team and previous episodes
Stay connected with us on social media:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources on this topic:
Blog – Fundamentals of Pharmacy Accounting
Presentation – Fundamentals of Pharmacy Accounting: Navigating 2024 and Beyond
The State of PBM Reform Featuring State Representative Buddy Carter, Georgia 1st District, BPharm
jeudi 11 juillet 2024 • Duration 24:13
Schedule an Rx Assessment: https://www.sykes-cpa.com/rx-assessment-service/
PBM reform is getting the most attention it's ever received both from independent and community pharmacies that see the impacts on their reimbursements and with consumers that notice the impacts in their drug costs.
In this episode of The Bottom Line Pharmacy Podcast, we sit down with Pharmacist and Georgia State Representative Buddy Carter as he shares updates on where PBM reform stands currently, an outlook on where it’s heading, and more.
Join the discussion with us!
More about our guest:
Earl L. “Buddy” Carter is an experienced businessman, health care professional and faithful public servant. For over 32 years Buddy owned Carter’s Pharmacy, Inc. where South Georgians trusted him with their most valuable assets: their health, lives and families.
A committed public servant, Buddy previously served as the Mayor of Pooler, Georgia and in the Georgia General Assembly where he used his business experience to make government more efficient and responsive to the people. Buddy is serving his fifth term in the United States House of Representatives and is a member of the House Energy and Commerce Committee, where he Chairs the Subcommittee on Environment, Manufacturing, and Critical Materials, and the House Budget Committee.
A lifelong resident of the First District, Buddy was born and raised in Port Wentworth, Georgia and is a proud graduate of Young Harris College and the University of Georgia where he earned his Bachelor of Science in Pharmacy.
Stay up to date on Buddy Carter and the work he’s doing:
Representative Buddy Carter Website: https://buddycarter.house.gov/
Representative Buddy Carter Facebook: https://www.facebook.com/CongressmanBuddyCarter/
Representative Buddy Carter Twitter (X): https://x.com/repBuddyCarter
Representative Buddy Carter Instagram: https://www.instagram.com/repbuddycarter/
Representative Buddy Carter YouTube: https://www.youtube.com/channel/UCHQm49T6ikD_ioMAt50AwKQ
Stay connected with us
Sykes & Company P.A.:
Facebook
Twitter (X)
LinkedIn
Instagram
CPA’s:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Getting to the CORE of Your Pharmacy with Scott Pace
jeudi 27 juin 2024 • Duration 51:26
No matter where you are in your ownership journey, it’s always a good idea to go to back to basics.
This is exactly what the CORE Program from The National Community Pharmacists Association help you as a pharmacy owner do!
In this episode of The Bottom Line Pharmacy Podcast, we sit down with Pharmacy Owner and Lawyer Scott Pace as he dives deep into getting back to the basics in your pharmacy with leadership, marketing, operations and finances as well as some of the innovative things happening in Arkansas pharmacy and more!
Register for the CORE Program today
Stay up to date on new episodes. Click here to learn more about our podcast team and previous episodes.
More about our guest:
Scott Pace is a partner at Impact Management Group, a government relations, public affairs, and consulting firm based in Little Rock, Ark. He represents a diverse group of clients with a heavy emphasis on the health care and pharmacy industries.
Scott joined IMG after more than 12 years with the Arkansas Pharmacists Association, where he served as both CEO and COO. While at the APA, Scott successfully worked with the legislature to pass scope of practice legislation for pharmacists and on legislation to amend the Arkansas Constitution to require a pharmacist consultant be a part of the Arkansas medical marijuana dispensaries. He also worked with Gov. Asa Hutchinson and the legislature to pass legislation to license and regulate PBMs in Arkansas.
Scott was also instrumental in crafting and passing Arkansas Act 900 of 2015, the pharmacy legislation that was subject of the landmark Rutledge v. PCMA case that was decided by the U.S. Supreme Court in December of 2020.
Scott is a licensed pharmacist and attorney. He holds a bachelor’s degree in biology from Arkansas State University, a Doctor of Pharmacy from the University of Arkansas for Medical Sciences, and a Juris Doctorate with High Honors from the University of Arkansas at Little Rock William H. Bowen School of Law.
Scott and his wife Anne, who is also a pharmacist, own Kavanaugh Pharmacy in the Heights neighborhood of Little Rock, where they live with their two children, Cameron and Carter.
Stay connected with Scott Pace:
Want to stay connected? Check out all of our social media:
Facebook
Twitter (X)
LinkedIn
Instagram
CPA’s:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Press Release – Sykes & Company, P.A. Joins NCPA's CORE Program
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