Pharmacy Reconciliation 101: Managing Payments Effectively Featuring Vanessa Luu, Supervisor of Reconciliation at EnlivenHealth®
11/14/24 • 30 min
Is your pharmacy getting paid what it’s supposed to be getting paid? Make reconciliation your superpower!
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP® and Bonnie Bond, CPA sit down with Vanessa Luu, Supervisor of Reconciliation at EnlivenHealth® to discuss all things reconciliation, including:
- The importance of having a robust reconciliation process in the pharmacy industry.
- Common issues pharmacies face, such as delayed payments and administrative errors.
- The benefits of using reconciliation services and tools to streamline financial management.
- Tax implications of reconciliation
Join the discussion with us!
Did you like this episode? Stay up to date on new episodes by liking and subscribing!
Click here for the transcript
More about our guest:
Vanessa’s pharmacy journey began in 2010, blending experience in retail, reconciliation, and sales. Starting as a cashier at Walgreens, Vanessa worked up to management before moving into pharmacy finance at EnlivenHealth®, supporting reconciliation customers directly. Vanessa transitioned to sales, helping pharmacies find the best solutions while strengthening their skills in customer relations and industry insight. Now, as a Supervisor in the Reconciliation Department, Vanessa continues to help customers manage their financial operations with our reconciliation product.
Want to learn more about Vanessa and EnlivenHealth®? Click below to check them out!
Vanessa Luu LinkedIn: https://www.linkedin.com/in/vanessa-luu-bb8844229/
EnlivenHealth® LinkedIn: https://www.linkedin.com/company/enlivenhealth/
EnlivenHealth® Website: https://enlivenhealth.co/
EnlivenHealth® Facebook: https://www.facebook.com/EnlivenHealthCo
EnlivenHealth® Twitter (X): https://x.com/EnlivenHealthCo
Stay connected with us on social media:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Podcast – This is Why You Don’t Fill and Pray
Webinar – Cents and Sensibility
Podcast – Tax Reform Update: 2025 Changes to the Tax Cuts and Jobs Act
Video – Optimize Your Pharmacy’s Third-Party Reconciliation
Video – The Most Important Accounts Receivables in a Pharmacy
Is your pharmacy getting paid what it’s supposed to be getting paid? Make reconciliation your superpower!
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP® and Bonnie Bond, CPA sit down with Vanessa Luu, Supervisor of Reconciliation at EnlivenHealth® to discuss all things reconciliation, including:
- The importance of having a robust reconciliation process in the pharmacy industry.
- Common issues pharmacies face, such as delayed payments and administrative errors.
- The benefits of using reconciliation services and tools to streamline financial management.
- Tax implications of reconciliation
Join the discussion with us!
Did you like this episode? Stay up to date on new episodes by liking and subscribing!
Click here for the transcript
More about our guest:
Vanessa’s pharmacy journey began in 2010, blending experience in retail, reconciliation, and sales. Starting as a cashier at Walgreens, Vanessa worked up to management before moving into pharmacy finance at EnlivenHealth®, supporting reconciliation customers directly. Vanessa transitioned to sales, helping pharmacies find the best solutions while strengthening their skills in customer relations and industry insight. Now, as a Supervisor in the Reconciliation Department, Vanessa continues to help customers manage their financial operations with our reconciliation product.
Want to learn more about Vanessa and EnlivenHealth®? Click below to check them out!
Vanessa Luu LinkedIn: https://www.linkedin.com/in/vanessa-luu-bb8844229/
EnlivenHealth® LinkedIn: https://www.linkedin.com/company/enlivenhealth/
EnlivenHealth® Website: https://enlivenhealth.co/
EnlivenHealth® Facebook: https://www.facebook.com/EnlivenHealthCo
EnlivenHealth® Twitter (X): https://x.com/EnlivenHealthCo
Stay connected with us on social media:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Podcast – This is Why You Don’t Fill and Pray
Webinar – Cents and Sensibility
Podcast – Tax Reform Update: 2025 Changes to the Tax Cuts and Jobs Act
Video – Optimize Your Pharmacy’s Third-Party Reconciliation
Video – The Most Important Accounts Receivables in a Pharmacy
Previous Episode
M&A Mastery: The Ultimate Guide for Pharmacy Owners in 2024 and Beyond With Alfonso Zambrano, Esq. Partner with Brown & Fortunato
Think you’re ready to buy or sell your pharmacy? You’ll want to tune in to this episode.
In this episode of The Bottom Line Pharmacy podcast, (tag) Scotty Sykes, CPA, CFP and Bonnie Bond, CPA welcome Alfonso Zambrano, Esq. Partner at (tag) Brown and Fortunato, to discuss:
- The current state of mergers and acquisitions (M&A) in the pharmacy industry.
- Insights into the legal aspects of buying and selling pharmacies.
- Impact of recent industry challenges on M&A activity.
- And much more!
Stay up to date on new episodes by liking and subscribing!
Click here to learn more about our podcast team and previous episodes.
Want to read and follow along with this episode? Click here for the transcript:
(insert transcript link)
More about our guest:
Alfonso Zambrano is a shareholder and director at Brown & Fortunato with a broad corporate practice emphasizing on mergers and acquisitions, corporate finance, business start-ups, real estate transactions and corporate governance. Alfonso has served as the principal legal advisor on numerous transactions in various industries to help clients achieve their goals and implement their business strategies.
Alfonso represents purchasers and sellers of domestic and multinational businesses in complex public and private mergers, stock and asset acquisitions and divestitures, joint ventures, strategic alliances, venture capital and other private equity investments, financings, recapitalizations and reorganizations. Alfonso has represented clients in a broad range of industries, including energy, technology, and financial services companies with a particular emphasis in the healthcare industry.
Alfonso is a member of the State Bar of Texas, the State Bar of New York, and the Amarillo Area Bar Association. He is also an active board member of the Amarillo Museum of Art, and the Harrington Regional Medical Center. He is currently serving as President of the Amarillo Local Government Corporation. In recognition of his community service, Alfonso received the Amarillo Chamber of Commerce Top 20 under 40 Award in 2019.
Stay connected with Alfonso and Brown & Fortunato:
Check out all of our social media:
Sykes & Company P.A.:
Facebook
Twitter (X)
LinkedIn
Instagram
CPA’s:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources about this topic:
Podcast – The Pharmacy Ownership Podcast
Next Episode
Elevate and Collaborate With Amina Abubakar, PharmD, CEO of Avant Pharmacy and Wellness Center
Ready to expand your pharmacy? Make sure you have a solid financial foundation. Schedule an Rx Assessment today
Pharmacy Owners...It’s time to elevate your pharmacy and reimagine clinical care with the power of collaboration.
In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP and Bonnie Bond, CPA sit down with Amina Abubakar, PharmD, Founder and CEO of Avant Pharmacy and Wellness Center to discuss:
- Expanding Services Through Collaborative Clinical Care
- Gaining and Building Trust with Local Providers
- Improving Patient Outcomes
- And More!
Did you like this episode? Stay up to date on new episodes by liking and subscribing!
Read and follow along with this episode at the show transcript
(insert transcript link)
More about our guest:
Amina Abubakar graduated from the Philadelphia College of Pharmacy University of the Sciences in 2005. She is the owner and manager of Avant Pharmacy & Wellness Center formerly known as Rx Clinic Pharmacy in Charlotte, NC, and the founder of the Avant Institute.
She is an internationally recognized award-winning clinical pharmacist, Certified HIV Specialty Pharmacist, a preceptor to UNC Chapel Hill residents and students from several schools of pharmacy. Recently, Amina was bestowed the honor by the National Community Pharmacists Association as 2020’s Independent Pharmacist of the Year and also received the 2020 Bowl of Hygeia from the North Carolina Association of Pharmacists for outstanding service to the community.
She has fostered an environment that showcases the impact of community pharmacists on patient care by collaborating with medical providers and expanding pharmacist-led clinical services in her community. Her desire to help others advance the pharmacy profession inspired her to found the Avant Institute to offer training to pharmacies across the country on the practical application of clinical pharmacy services through developing sustainable physician collaborations.
Currently, she shares her passion for pharmacy advancements with pharmacists, patients and policy makers all over the country through Pharmacogenomics. She was invited to the White House Office of Science and Technology Policy and to the FDA to discuss the role of pharmacists in pharmacogenomics.
Avant Pharmacy and Wellness Website
Avant Pharmacy and Wellness Facebook
Avant Pharmacy and Wellness LinkedIn
Stay connected with us on social media:
Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
Bonnie Bond – CPA Twitter
More Resources on this Topic:
Blog - 3 Accounting Essentials for 2024
Podcast - The Fundamentals of Independent Pharmacy Accounting
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