Financial income planning at the community pharmacy based on financial flows and morbidity data

Introduction : Financial planning is one of the main ways to manage a company. As a health facility, the pharmacy should combine planning with necessity of medicines nomenclature, and availability of medicines service and care. One of the most important parameters in the planning process id forecasting the financial income of the entity. Its aim is to ensure the proper tracking of future cash flow, based on only income parameters of the community pharmacy, without taking into account the specifics of the work environment. Materials and Methods: All the provided data has been collected from a pharmacy in the period 2016 to 2020. The financial income of the pharmacy has been comparted to acute infectious diseases morbidity for the same period. We used descriptive statistics for calculating the share distribution of indicators, graphic and tabular analysis. The charts are built in Excel. Results : In the months January – April, for the period 2016 – 2019, there are opportunities to apply the economic methods for financial planning of the incomes. The financial parameters for 2020 can’t be predicted by any of the financial methods, because of the frequency changes and the proceeds for short amount of time. There are ways to predict the financial income for all of the analyzed periods, except 2020, because of the situation with Covid. While tracking the number of sick patients and comparing those figures to the movement in the cash flow, an observation could be made that there is no apparent dependency between both of these parameter.