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Hello everyone,
Does anyone know how to improve KPM? especially new script pickup and first fills. My store is seriously lagging behind. Any help will be appreciated. Thanks
CVS..KPM
The main thing that will help improve any metric with CVS is to follow PSI to the letter. Everyone has to do their assignments every time. This will make the whole work flow seem better and solve a lot of problems before customers arrive to the pharmacy.
On KPM, our store has done a couple of things to improve our score. The key to first fill counseling is for them to refill the prescription on time for the next fill. So if they get a 30 day supply of a med, we want it refilled in 30 days. If it is a 90 day supply of a med, we want it refilled in 90 days. The best way to ensure this is to offer ready fill. Just let the patient know the benefits of taking the med every day and then ask, "Would you like us to automatically refill this for you for the next time?" Probably about half of the people will say yes if it is asked this way.
Secondly, new script pick up is about calling the patients and having them get the scripts that have been filled for 8 days. One key is to get rid of scripts that aren't likely to be picked up. To do this, you need to run a cash loss report on day 7 and find prescriptions that are either duplications, prior authorizations, or just too much money that the patient doesn't want to pay. Think about it, if a script is $200, how many patients will come pick it up? Maybe we need to call them and ask about alternative treatments. Anyways, on Day 7, if you get rid of those few prescriptions that the patients won't pick up, it will increase the percentage picked up by only having scripts that actually have a realistic chance of being picked up. The main step is to actually call them or leave a message. Most stores that don't have a high new script pick up usually have a low percentage of phone calls made.
I hope that helps. Remember that PSI is the essential element needed for any program to work at CVS. If PSI is not followed, I bet the store will struggle more times than not.
Execution helps measure the mundane tasks each store has to do from day to day. There are part of the metrics that does evaluate customer service like wait time, ready when promised, picking up the phone in time, and answering drive thru in time. Now, if those numbers are good, then you will have better customer service more likely than not. Now, these numbers can be fudged by changing the wait time after the time is due to make it look like you actually get everything done before it turns "Red". The next big item on execution is inventory. This is a good business metric and if most stores did inventory properly, then maybe there would be enough money for our VIP's to get bigger bonuses.. The next two items are order reach rate, which means you have to have the right phone numbers for your patients so they know to come pick up their medicine when it is ready. Then there is the lovely generic substitution rate which is the hardest to control.
You might not like the execution and think it is unfair, but stores with good execution run a smoother store, especially the ones that don't fudge numbers. Their inventory is good and their service is good. So, the execution directly corresponds to how good the store is doing.
Secondly, new script pick up is about calling the patients and having them get the scripts that have been filled for 8 days. One key is to get rid of scripts that aren't likely to be picked up. To do this, you need to run a cash loss report on day 7 and find prescriptions that are either duplications, prior authorizations, or just too much money that the patient doesn't want to pay. Think about it, if a script is $200, how many patients will come pick it up? Maybe we need to call them and ask about alternative treatments. Anyways, on Day 7, if you get rid of those few prescriptions that the patients won't pick up, it will increase the percentage picked up by only having scripts that actually have a realistic chance of being picked up. The main step is to actually call them or leave a message. Most stores that don't have a high new script pick up usually have a low percentage of phone calls made.
To see what scripts are on day 7, you have to print a cash loss report, not the waiting bin report. You print the cash loss report for the date range of only 7 days ago. So today's would be 6/20/11 to 6/20/11. That should bring up all scripts filled on that day that are still in the waiting bin.
If stores are leaving people on hold, then their triple s should suffer as well. Sometimes they will struggle and still have good numbers and only when the DM or someone like that is in will it ever be noticed.
Every time I come back to CVS, there is a new program. The store I'm at do everything they can to "cheat", and somehow...we still ended up being on the bottom 5.
On a side note, when do Rphs get their annual raise?
Maybe you should execute the program the way they want instead of trying to cheat.
Every time I come back to CVS, there is a new program. The store I'm at do everything they can to "cheat", and somehow...we still ended up being on the bottom 5.
On a side note, when do Rphs get their annual raise?
Every time I come back to CVS, there is a new program. The store I'm at do everything they can to "cheat", and somehow...we still ended up being on the bottom 5.
On a side note, when do Rphs get their annual raise?
Maybe you should execute the program the way they want instead of trying to cheat.
RPh's get an annual raise? I thought base pay went pretty much unchanged except for like COLA adjustments, etc. and only bonuses were given to reflect performance. I would love to be wrong here, but pretty sure RPh's do not get annual raises..
I have no idea what will happen this year. In previous years, each pharmacist fills out a self evaluation and meets with the Pharmacy supervisor. Raises are based on performance. I think (though I have no proof) previously the supes were given a budget of x$ and they could divide it the way they see fit. I think last year they clamped down and limited the number of people who could get the top raise and the increase was also limited.
You admit cheating on their metrics, still coming in the bottom of the barrel, and you want a raise? Something doesn't add up here.
Maybe you should execute the program the way they want instead of trying to cheat.
A whole bunch of bonkers if you ask me! I recognize that CVS has come up with ingenious business strategies to keep the script count flowing into their pharmacies. It is also ingenious as to the amount of thought processing that goes into their programs, and the engineering of remarkable algorithms that contribute to the efficiency of running a retail pharmacy. Following CVS's PSI is fine and good, and will minimize problems, but it is not ideal.
The common issue that causes a lot of stores to struggle is just staffing levels and personnel quality. That's it!
How many tech hours have you been restricted to, while being demanded to follow PSI? Cutting hours is the biggest hamper to the success of A LOT of stores...especially busy ones. There are also no incentives to keep techs. I have noticed that the best of techs seem to be those who have taken it as a terminal career and have decided they rather not pursue anything else.....and they are quite few. Most techs I encounter, across multiple stores, are "still looking for a job" and have a nonchalant attitude towards work. If techs were compensated and valued more, more of them would settle for it as a permanent career and they would actually be invested in their work.
Taking care of these issues will cause improvement for a lot of stores.....the problem is that chains are corporations, and corporations are never satisfied with the size of profit no matter how much. Posting 1bill in profits every year for 5 years is considered a failure because the profits are not rising. I"m pretty sure if Big red paid everybody fine....they would not starve...
RX Care gosh I wish you were the CVS CEO- you are 100% correct- CVS could really be a great company and could really blow away the competition if they allowed Pharmacies to hire the required help they needed- if I had 40 hours more of tech and another pharmacist at my location I would hit a home run in all of CVS programs and I know they have the money for it because 4 years ago I had 60 more techs and had another FT pharmacist and my sales today are more than 4 years ago.A whole bunch of bonkers if you ask me! I recognize that CVS has come up with ingenious business strategies to keep the script count flowing into their pharmacies. It is also ingenious as to the amount of thought processing that goes into their programs, and the engineering of remarkable algorithms that contribute to the efficiency of running a retail pharmacy. Following CVS's PSI is fine and good, and will minimize problems, but it is not ideal.
The common issue that causes a lot of stores to struggle is just staffing levels and personnel quality. That's it!
How many tech hours have you been restricted to, while being demanded to follow PSI? Cutting hours is the biggest hamper to the success of A LOT of stores...especially busy ones. There are also no incentives to keep techs. I have noticed that the best of techs seem to be those who have taken it as a terminal career and have decided they rather not pursue anything else.....and they are quite few. Most techs I encounter, across multiple stores, are "still looking for a job" and have a nonchalant attitude towards work. If techs were compensated and valued more, more of them would settle for it as a permanent career and they would actually be invested in their work.
Taking care of these issues will cause improvement for a lot of stores.....the problem is that chains are corporations, and corporations are never satisfied with the size of profit no matter how much. Posting 1bill in profits every year for 5 years is considered a failure because the profits are not rising. I"m pretty sure if Big red paid everybody fine....they would not starve...
That's the name of the game. It's like that everywhere... CVS, Walgreens, Rite Aid, and Target.Now some areas were giving extra hours for eSI in Jan but now all of a sudden they are told to cut back- are you freaking kidding- you are getting 10 to 15% increase script sales just on ESI but don't want to staff accordingly??????