Establishing Trust: Insurance and Accreditation for Your New Pharmacy in the Northeast
Now that you've navigated the legal labyrinth of state and federal requirements, the next stage is securing your pharmacy's long-term success by establishing trust with patients and healthcare providers.
Step 1: Acquire Pharmacy Insurance
Having adequate insurance coverage is not just about risk management—it's also about establishing your pharmacy as a trustworthy institution. The specifics of what you need may vary. If you're opening a pharmacy in Augusta, Maine, you'll need different coverages than if you're setting up shop in Baltimore, Maryland.
The primary types of insurance you'll likely need are: professional liability insurance, general liability insurance, property insurance, and workers' compensation insurance.
Step 2: Pharmacy Accreditation
Accreditation is the process by which an impartial organization reviews a healthcare provider's operations to ensure they meet necessary quality standards. Earning accreditation signals to patients and providers that your pharmacy meets the highest standards for safety and quality.
Various organizations provide pharmacy accreditation, such as the Joint Commission, the Center for Pharmacy Practice Accreditation (CPPA), and the Pharmacy Compounding Accreditation Board (PCAB).
Step 3: Provider Contracts
Establishing relationships with healthcare providers and payers is a crucial part of your pharmacy's success. For instance, if you're operating in Montpelier, Vermont, you'll want to establish contracts with the state's leading healthcare providers and payers to ensure you can serve a wide array of patients.
Navigating the credentialing process and setting up a new pharmacy in the Northeast requires careful attention to both state-specific and federal laws and regulations. It's a demanding process, but the result—a trusted, accredited pharmacy that serves its community's needs—is worth every step.
About Healthcare Consultants Pharmacy Staffing
If you are a pharmacy owner or manager, HCC Pharmacy Staffing can find you the best qualified talent (both pharmacists and technicians) available to meet your needs in almost every situation. With over three decades of experience in pharmacy staffing, HCC is known nationally for being able to match the right candidate to the right job, and for well over three decades now, HCC has been providing temporary staffing for pharmacies in all 50 states, as well as providing relief pharmacy staffing during emergency situations. We work with owners, HR departments, and pharmacy managers of every type and size of pharmacy business and operation, from the small independent retail community pharmacies to the large national pharmacy groups. We are therefore able to meet almost every individual pharmacy's specific needs when it comes to finding the right staffing talent, including specialty pharmacies. If you're interested in finding out how HCC can help your pharmacy business meet your specific staffing needs, then call us today at (800) 642-1652, or simply fill out our easy-to-use online form now, and an experienced, in-house HCC staffing expert will get back to you as soon as possible.
The same is true if you are a pharmacist or pharmacy technician who's interested in changing your current job position and exploring new professional opportunities and settings to practice in. With current job openings and exciting opportunities available throughout the US, HCC Pharmacy Staffing can help you to find the best possible jobs available to match your specific individual lifestyle needs and work requirements. Whatever market segment that a pharmacist or tech is looking to work in, we can help! If you are a pharmacist looking to switch jobs or relocate, we urge you to talk with us. With positions immediately available, contact us today online or call us at 800-642-1652 now to get started.