Four things to know from the survey:
1. Declining profitability and margins were a top concern for 42 percent of respondents.
2. Thirty-six percent said they were worried about bankruptcy.
3. Rather than laying off employees, many respondents said they would prioritize alternate cost-cutting strategies, including 38 percent who said they would prefer to raise their prices.
4. Thirty-three percent said they would prioritize enforcing stricter spending rules over laying off workers, and 32 percent said they would first try to renegotiate supplier contracts.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit