Bootcamp in Pharmacy Finance

(2 Days, one month apart – Tutor Directed Online Workshops)

Overview

The Bootcamp in Pharmacy Finance course has been designed to allow pharmacists complement their clinical skills with the knowledge and skills to understand the financial aspects of pharmacy business. It will equip pharmacists with an understanding of general and dispensary finance and help them to understand how they and their dispensary teams directly affect cash flow and profitability each month. The course is spaced 4 weeks apart to give the pharmacist the opportunity to work through a financial end of month and claim cycle and return with a better understanding of challenges they face. Recommended for any pharmacists who wants a better understanding of the business and financial aspects of their career so that they can have a direct positive impact on the financial health of the pharmacy(s) they operate in.

Course Content

Day 1

Introduction to Finance

• Understanding Mark-up and Margin;
• Understanding a Profit and Loss Account (Revenue Generation, Cost of Goods, Gross Profit & Overheads); and
• Net Profit / EBIDTA. Day 2 Managing and Improving Cash low and Profitability

Dispensary Finances

• The costs of dispensing an item;
• Understanding your HSE Payments Schedule;
• Understanding the fees paid;
• Common Discrepancies; and
• Recovering unpaid claims.

Day 2

Managing and Improving Cash low and Profitability Dispensary Finances

• The costs of dispensing an item;
• Understanding your HSE Payments Schedule;
• Understanding the fees paid;
• Common Discrepancies; and
• Recovering unpaid claims.

Purchasing

• Increasing revenue;
• Stockholding and dealing with dead stock;
• Managing overheads; and
• Preferred Dispensing.

Course Delivery and Methodology

This highly interactive course is delivered over two-days, four weeks apart, via a tutor directed online workshops, which includes tutor-led presentations, discussions and group and individual exercises. Learners will need a computer/laptop or a mobile device and set of earphones/headset to attend.

Course Schedule

• Day 1: Sunday, 22 February 2026
• Day 2: Sunday, 22 March 2026
• Time: 10.00am – 4.00pm (includes a break for lunch)

Assessment

Participants who complete the course will receive an IPU Professional Academy Certificate of Completion.

Course Fee

There are no formal entry requirements, however, learners should be a practicing pharmacist. The cost for this course is €595 for learners working for IPU members; €795 for learners working for non-members.

How to Enrol and Pay

1. Go to www.ipu.ie.
2. In the top menu, click on “IPU Professional Academy” and then select Training Courses.
3. If you want to browse first, just click View Course to read the details.
4. From the Training Courses page, you can add courses to a shopping cart by hovering over the course you want and clicking Add to Cart. You will be able to increase the quantity at the Checkout point. You can continue adding other courses to the cart, or when you are done, click View basket on the last course you added, or, if you are viewing a course, click on the basket icon in the right-hand corner and click View Basket.
5. From here, you can increase the quantity but make sure to click Update Basket if you do so.
6. Please, make sure you click on the green button ”Members Login” and log on if you are a member, so the system will show the member price.
7. Click Proceed to Checkout when you are happy with your booking (s) and enter your billing and pharmacist details.
8. You can then scroll down to enter the student details. For example, if you are intending on booking one student on one course and then two students on to a different course, you will see three student bookings appear in the Checkout, since you are booking three slots. The name of the course (s) you have selected will appear at the top of each slot so you can enter the details of the appropriate student to the selected course. You would then repeat the same for the next two student slots.
9. After entering all the required information, enter your card details and click Place Order to pay for all of the bookings in one go. This eLearning course is available to purchase 24/7 and is placed on the IPU Professional Academy Learning Management System (LMS).