News About: Pharm. Affairs
Proprietors of pharmacy exceeds 70% of total
71.4 percent of newly licensed pharmacists in 2006 run their own pharmacies, according to the Korean Pharmaceutical Association (KPA).
The KPA said that the ratio of pharmacy proprietors has been in the level of av...
Health insurance fund covers 8.3 trillion won in 2006 drug costs
The national health insurance spent 8.3 trillion won last year to cover medication costs for its subscribers, up 11.8 percent compared with 4.5 trillion won in 2001, according to a recently released government report....
GS Watson Myungdong store to shut down.
GS Watson said on Feb. 22 in the Yakup press interview that the 2nd chain of GS Watson Myungdong store will abruptly shut down on April 30.
The 2nd Myungdong GS Watson store opened splendidly in June 2005 at the ce...
Proprietors of pharmacy in their 40s top in average monthly sales
Proprietors of pharmacy in their forties posted 33.6 million won, the highest average monthly sales in all age groups (pharmacists 20s to 60s), according to a report released by the Korean Pharmaceutical Association.
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Murphy's law at pharmacy
"Murphy's Law" has become a generic term for any statement that is witty and cynical. Many Murphy's Laws have to do with the professional workplace, such as pharmacy.
Murphy's law is a popular adage in Western cult...
20% of pharmacy practitioners complaining poor business profitability.
2 in 10 pharmacists operating retail pharmacies expressed to shut down the pharmacy business due to dissatisfaction with its profitability and management difficulties, and a half of them considered to change their pha...
Income polarization between pharmacies
The income disparity between rich and poor pharmacies is growing, according to a report.
According to the recent announcement of the Korean Pharmaceutical Association (KPA), the average incomes of pharmacies adjace...
One in 3 pharmacists to envision unclear future.
One in 3 pharmacists admitted it positive for the post notification system over the substituted dispensing while most of medical doctors also did not show any bad impression about the post notification. 1 in 3 pharmac...
Post notification of substituted dispensing to be simplified.
The post notification of any substituted dispensing to the prescribed doctors was a stumbling block for the substituted dispensing activities, but in the future the post notification process seems to be far simplified...
NHI fair redistribution effects by different premium payers.
The National Health Insurance Corporation (www.nhic.or.kr) reported "2005 analysis of NHI premiums and payments" disclosing a remarkable income redistribution effect by different NHI premium payers (an effect of signi...
