Looking for some advice and perspective.
2018 Grad.
Working CVS. $60 an hour. Overnight shift 7 days on 7 days off. Store is ten minutes from where I live. Perfect job really for me. I don't mind the CVS pace. I can't stand not being busy.
Here's the bottom line: if I knew that retail pharmacy would be around for the next 40 years, I'd stay retail. The job is easy. I'm good at it.
Here are the doubts:
A) At our chain there are now E-scribed scripts that are completely typed and verified by the computer system. I'm not talking about refills. I'm talking about first-fill. All I'm doing is verifying that the pill is the right one. I'm not exaggerating when I say that an 8-year old could verify such a script. Sure, I do have to make all the decisions on drug interactions. The computer flags these but it has no idea what's significant and what's not. I guess that's something.
B) Along with everyone else, I'm also seeing tremendous negative wage and hours pressure in retail. Walgreens is now hiring at $10 an hour less than I make, and I'm hearing that the final goal is $45 an hour. What's to stop a chain from trying to push out someone who makes $60 an hour to get a fresh new grad at $45?
C) I can honestly do my job as well as a pharmacist who has been there 10 years right now. In many cases, I can do the job faster than a pharmacist who has been there 20 years. They've burned out. I'm fresh. In 20 years, I'll be slower. Then what?
Considering reapplying for residency and going hard at it this year. Applied for residency last cycle on a whim. Last-minute application slapped together. 2 interviews, didn't match. However Studying for the NAPLEX, I actually really got interested in the clinical side of things. I could read about Infectious Diseases all day, honestly. So I'm considering going for it again. However,if I matched I'd be giving up a job in my home market at $60 an hour. All without guarantee of having a hospital job. It would be an investment solely based on the future of pharmacy for the next 40 years. Huge decision.
On top of that, I'd be giving up a job with CVS. For me, with their acquisition of Aetna and their massive overall structure including things like Omnicare, I think CVS is the place to be in retail right now. At the very least, they will be the company best prepared to tackle an entry from Amazon.
Here are the key questions:
1. How much do you think automation and technology will replace retail pharmacists in the next 10-20 years? In 20 years, does anyone see a worse-case scenario future where we have 4-5 chain pharmacies manned by technicians only, with one pharmacist doing the verification and doing counseling through video technology when necessary? Of course, this would require a change in the laws.
2. Is a clinical, hospital-based skill-set more protected from technological innovation, or will hospital pharmacists face the same barriers? Of course, a clinical skill-set is at least much more protected from influx of new grads than a retail pharmacy skill set.
3. With the current downward trend in salaries in retail pharmacy be reflected in hospital pharmacy, or will hospital pharmacists with a clinical skill set soon command a greater salary than a retail pharmacist?
Any and all input is appreciated!
2018 Grad.
Working CVS. $60 an hour. Overnight shift 7 days on 7 days off. Store is ten minutes from where I live. Perfect job really for me. I don't mind the CVS pace. I can't stand not being busy.
Here's the bottom line: if I knew that retail pharmacy would be around for the next 40 years, I'd stay retail. The job is easy. I'm good at it.
Here are the doubts:
A) At our chain there are now E-scribed scripts that are completely typed and verified by the computer system. I'm not talking about refills. I'm talking about first-fill. All I'm doing is verifying that the pill is the right one. I'm not exaggerating when I say that an 8-year old could verify such a script. Sure, I do have to make all the decisions on drug interactions. The computer flags these but it has no idea what's significant and what's not. I guess that's something.
B) Along with everyone else, I'm also seeing tremendous negative wage and hours pressure in retail. Walgreens is now hiring at $10 an hour less than I make, and I'm hearing that the final goal is $45 an hour. What's to stop a chain from trying to push out someone who makes $60 an hour to get a fresh new grad at $45?
C) I can honestly do my job as well as a pharmacist who has been there 10 years right now. In many cases, I can do the job faster than a pharmacist who has been there 20 years. They've burned out. I'm fresh. In 20 years, I'll be slower. Then what?
Considering reapplying for residency and going hard at it this year. Applied for residency last cycle on a whim. Last-minute application slapped together. 2 interviews, didn't match. However Studying for the NAPLEX, I actually really got interested in the clinical side of things. I could read about Infectious Diseases all day, honestly. So I'm considering going for it again. However,if I matched I'd be giving up a job in my home market at $60 an hour. All without guarantee of having a hospital job. It would be an investment solely based on the future of pharmacy for the next 40 years. Huge decision.
On top of that, I'd be giving up a job with CVS. For me, with their acquisition of Aetna and their massive overall structure including things like Omnicare, I think CVS is the place to be in retail right now. At the very least, they will be the company best prepared to tackle an entry from Amazon.
Here are the key questions:
1. How much do you think automation and technology will replace retail pharmacists in the next 10-20 years? In 20 years, does anyone see a worse-case scenario future where we have 4-5 chain pharmacies manned by technicians only, with one pharmacist doing the verification and doing counseling through video technology when necessary? Of course, this would require a change in the laws.
2. Is a clinical, hospital-based skill-set more protected from technological innovation, or will hospital pharmacists face the same barriers? Of course, a clinical skill-set is at least much more protected from influx of new grads than a retail pharmacy skill set.
3. With the current downward trend in salaries in retail pharmacy be reflected in hospital pharmacy, or will hospital pharmacists with a clinical skill set soon command a greater salary than a retail pharmacist?
Any and all input is appreciated!
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