Job Benefits for a Pharmacist
- Pay. As of May 2011, pharmacists earned an average wage of $112,160 a year, according to the Bureau of Labor Statistics, or BLS.
- Stability. The BLS projects a growth rate of 25 percent in pharmacy jobs from 2010 to 2020. ...
- Patient Care. ...
- Innovation. ...
- 2016 Salary Information for Pharmacists. ...
What are the advantages of being a pharmacist?
Some of your key responsibilities might include:
- Reviewing prescriptions and patient histories for drug contraindications and incompatibilities.
- Packaging pharmaceuticals for distribution to patients.
- Checking dosage levels to ensure proper therapeutic levels.
- Monitoring the distribution of non-prescription medication that must remain behind the pharmacy counter.
What makes a good pharmacist?
- To become effective, improve character rather than personality.
- The way a person perceives a problem is the problem.
- People must have a paradigm shift in terms of the way they see the world if they want to be successful. To do this, they must change their habits.
What are some typical job duties of being a pharmacist?
- Important Facts About This Occupation
- Academic and Licensing Requirements. ...
- Dispensing and Monitoring Medication. ...
- Counseling Patients. ...
- Research and Other Pharmacy Specializations. ...
- Employment and Salary Outlook Information. ...
Why Pharmacy is not a good career?
Yes, I believe pharmacy is a good career because it comes with a sizeable salary and flexible working hours. Moreover, pharmacists are among the most highly respected medical professionals, and they don’t have to see blood while working. Pharmacy also comes with multiple options for where one wants to practice. x.
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What is the salary and benefits of a pharmacist?
As of 4/1/2020, Payscale.com reports pharmacy salaries ranging from $81,000 to $136,000, with the average pharmacist salary at $114,207. Pharmacists are generally looking at an average of a $2,443 bonus as well as $3,922 from profit sharing each year.
What are the pros and cons of pharmacist?
Pros and cons of being a pharmacistCompetitive salary.Creative career options. Health care is a universal need, so likewise, there's always a need for health care employees, including pharmacists. ... Remote working opportunities. ... Independent practice. ... Clean workspace. ... Nonphysical work. ... Flexible schedule. ... Travel opportunities.More items...•
How important is a pharmacist?
Pharmacists help people live healthier, better lives. Pharmacists use their medication expertise to treat patients, collaborate with other health care professionals, promote population health, and manage pharmacy systems.
Is becoming pharmacist worth it?
As a pharmacist, you can make an excellent living which is one of the top advantages of being a pharmacist. The lowest-paid pharmacist is making somewhere around $112,000 a year. The median salary for a career as a pharmacist is approximately $128,000 a year.
Is pharmacy a good career?
Pharmacists can earn good salaries and the hours are often very flexible. It is also a profession which carries with it a relatively high status and pharmacist are seen and respected as medical professionals. Beginning on a new career path is exciting.
Why do I love being a pharmacist?
My lifelong goal was to find a career that would allow me to work directly with the public and make a difference. I enjoy seeing the impact that I have, as a pharmacist, on the quality of care our patients receive. I enjoy seeing the fruits of my labor and how my work pays off in achieving optimal patient outcomes.
Are pharmacists rich?
The average pharmacists make around $128,000 a year, according to the Bureau of Labor Statistics (BLS). That's a really nice living, but it's not as much as a general physician (MD) makes and it's not enough to guarantee becoming rich. However, income is just a piece of the equation.
Is pharmacist hard to study?
Compared to others, pharmacy is a difficult course in general. There's a lot of chemistry and analysis, hard work, dedication, math, and memorization as well. For my alma mater specifically, the pharmaceutical chemistry subjects are notorious in failing a lot of students.
What are the benefits of being a pharmacist?
Job Benefits for a Pharmacist. Pharmacists dispense medications as prescribed by doctors, counsel patients on proper use and warn of any side effects. Though their work is sometimes stressful and tiring, pharmacists do see a lot of rewards in their jobs.
What is the role of a pharmacist?
Pharmacists are often involved in providing feedback on medicine effectiveness and side effects, valuable information that is used in drug engineering.
Why is pharmacy important?
Their knowledge of medicines makes them a valuable resource to doctors and other prescribing professionals . Automated dispensing software programs and electronic prescriptions are among the technological improvements in the field. These help pharmacists work more efficiently and confirm accuracy when distributing pills.
How much does a pharmacist make in 2016?
2016 Salary Information for Pharmacists. Pharmacists earned a median annual salary of $122,230 in 2016, according to the U.S. Bureau of Labor Statistics. On the low end, pharmacists earned a 25th percentile salary of $109,400, meaning 75 percent earned more than this amount.
What is the growth rate of pharmacy jobs?
The BLS projects a growth rate of 25 percent in pharmacy jobs from 2010 to 2020. This is well above the average for all jobs, but it is much in line with other health-care professions. Increased care needs among the aging populations has contributed to expectations for job growth at various levels of medical care, including pharmacy.
Why are pharmacists important?
In an epidemic or bioterror situation, pharmacists are prepared to play a major role in preventing the spread of disease and overseeing the distribution of appropriate and safe medications. According to the CDC, pharmacists are equipped with the necessary skills to improve our nation’s health and are vital members of the team in public health initiatives.
Why do pharmacists work with other health care professionals?
Pharmacists work with other health care professionals to maximize health outcomes. Numerous studies have proven that the presence of a pharmacist on hospital rounds as a full member of the patient care team has been shown to prevent medication errors and reduce costs.
How many miles away from a pharmacy do you live?
Most Americans live within five miles of a pharmacy, so pharmacists are needed all throughout the U.S. 7. I am Excited to be a Part of Major Innovations in Medication Therapy. One of the many exciting developments in the pharmacy profession is the growth of a discipline, known as pharmacogenomics.
What is the job of a pharmacist?
Pharmacy is a diverse and rewarding career, with opportunities for patient care, scientific research and innovation. Pharmacists can work in a myriad of professional settings. The majority of pharmacists (45 percent) work in an independent or retail chain community pharmacy and provide counseling to patients on the use of prescription and over-the-counter (OTC) medications. Pharmacists work in numerous other healthcare environments as well, including hospitals, nursing homes, managed care organizations, the pharmaceutical industry, colleges and schools and the federal government. Pharmacists play key leadership roles in all aspects of the healthcare system.
Why do pharmacists use technology?
These technological advances enhance efficiency and help to promote patient safety. Pharmacists use these same tools to help prioritize work, manage the dispensing process and spend more time with patients . By law, pharmacists must oversee automated dispensing processes for quality control purposes.
What is the role of a pharmacist in the elderly?
Pharmacists play a key role in helping the elderly patients navigate complicated medication requirements and explore ways to minimize their financial burden. The aging population has also increased the need for long-term care, geriatric and consultant pharmacists. 5.
What are the factors that affect a patient's ability to take a medication?
These include diet, lifestyle, transportation, language barriers and much more. 2.
What are the advantages of being a pharmacist?
7. Flexibility. Nontraditional work schedules are an advantage to a career in pharmacy that creates a work-life balance. Pharmacists are needed everywhere in the country in many different types of capacities, making it easier to find a position that will fit your lifestyle.
What are the benefits of becoming a pharmacist?
A benefit of becoming a pharmacist is being able to help others, not only patients and other healthcare professionals. As a pharmacist, we are able to mentor future pharma cists assisting in career paths and choosing pharmacy as a career.
Why do pharmacists work with other health care professionals?
Being a part of the healthcare team. Pharmacists work with other health care professionals to improve health outcomes and ensure the continuity of care. Numerous studies have shown the benefits of having a pharmacist on hospital rounds and in ambulatory care settings, to prevent medication errors and reduce costs.
What is the role of pharmacist in ambulatory care?
With the advent of accountable care organizations, pharmacists are now playing a role in reducing hospital readmission rates, chronic disease management and medication therapy management.
What are the advancements in pharmacy?
Many exciting developments are taking place in the pharmacy profession, including specialty pharmacy, discipline of pharmacogenomics and digital advancements like artificial intelligence. Specialty medications, like biosimilars, are becoming a big part of the pharmaceutical industry and specialty pharmacies are flourishing as demand increases. The same goes for increases in personalized healthcare expansion using genetic testing for genome sequencing and selecting medications based on the patient’s DNA. Furthermore, pharmacy schools are advancing their educational tools to meet the needs of their current students. By using "e-Patient" simulation tools and artificial intelligence, schools are training the next generation of pharmacy professionals.
What is the requirement for pharmacist licensure?
A requirement of licensure is that all pharmacists must meet a mandatory state requisite for Continuing Education credits. This ensures that all pharmacists remain knowledgeable about new treatment guidelines and recent medications approved for treatment. Many employers help to fund meeting this education requirement through support attending professional meetings.
What is the mission of PCOM?
This is why it is the PCOM School of Pharmacy’s mission “to educate and train caring, competent and proactive generalist pharmacists who contribute to the health and well-being of the residents and to support the needs of the underserved ...
How much does a pharmacist make?
Many entry-level positions as a pharmacist begin at more than $100,000 per year. In the United States, the median salary for this career is over $120,000. Even the lowest 10% of earners within the industry are making more than $87,000 per year.
What are the two industries that pharmacists work in?
You’ll discover that there are two primary industries that a pharmacist serves: the hospital industry and the retail industry . A majority of the job opportunities which are available in each community are located in one setting or the other.
How many hours do pharmacists work?
Many pharmacists work 12-hour shifts, handle ICU patients, and must handle a lot of stress. There is also the retail side of being a pharmacist to consider. You must understand insurance programs, know proper billing procedures, and work with customers who could be unpredictable. 5.
How fast will pharmacists grow in 2026?
According to the Bureau of Labor Statistics, the employment of pharmacists in the United States is expected to grow at a rate of 6% through the year 2026. That is about as fast as the average for all occupations.
How many hours of training do you need to become a pharmacist in Alabama?
California requires you to complete a training program with a minimum of 240 hours of training, earn an associate degree, complete a military training program, or become nationally certified in some way.
How long does it take to become a pharmacist?
It requires about 6 to 8 years of education and training before you can meet the educational requirements necessary to serve your community as a pharmacist. Through that time, you’ll be looking at metabolic pathways, chemical structures, drug side effects, and much more. Every exam brings with it the pressure to succeed. That process can be daunting for many students who are looking at this career option.
What happens if you take a wrong medication?
Even an incorrect dosage could mean the difference between life and death. If you do make a mistake, the consequences are often swift and severe. You could face a large fine, or even jail time, depending upon the outcome of the situation. Retail pharmacists are especially vulnerable with this disadvantage.
What can a pharmacist do to help patients?
Pharmacists can also provide outreach to patients who are currently utilizing costly medications to provide appropriate alternatives, such as interchangeable generics or a comparable drug within the same class, or advise on elimination of redundant drug therapy .
What is the expanding role of pharmacists?
The expanding role of pharmacists: A positive shift for health care. When reflecting upon the impactful members of a patient’s healthcare team, much consideration is given to the patient’s nurses, primary care physician and specialists. However, with nearly nine in 10 Americans living within five miles of a community pharmacy, ...
How successful is pharmacist intervention?
Some studies have shown that pharmacist intervention was successful in deprescribing “risky” medications in 43% of enrolled patients within six months, compared to 12% of patients where a pharmacist did not intervene. 3. In the managed care setting, pharmacists play a “behind-the-scenes” role in helping manage a patient’s medication regimen.
What is the role of a pharmacist in public health?
The role of the pharmacist in public health has been transforming and expanding in recent years. For example, in many states, including Massachusetts, pharmacists can become certified to provide injections such vaccinations and long-acting antipsychotics without the appointment and trip to the doctor’s office.
What is a pharmacist trained to do?
Many patients in the community are unaware that pharmacists have been extensively trained to provide basic healthcare services such as providing blood pressure screenings, educating patients with diabetes on the effective use of glucometers, and ultimately providing an interpretation of these readings and diagnostic tools.
What is the role of pharmacist in reviewing new and complex drug technologies?
With the Food and Drug Administration (FDA) approving record numbers of new drug entities in recent years, the role of the pharmacist in reviewing new and complex drug technologies is critical in ensuring patients are receiving appropriate, cost-effective therapy on both the spectrum of individual and public health.
What is managed care pharmacist?
Managed care pharmacists have the ability to assess and compare clinical consensus guidelines and drug-therapy recommendations, review data from clinical trials, and evaluate economic impact to develop appropriate treatment algorithms and frequently used formulary management tools, such as step therapy and prior authorization requirements.