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Rapid growth is exciting but without the right metrics, culture, and plan, it can quietly put your pharmacy at risk.
In this episode, Scotty Sykes, CPA, CFP®, Bonnie Bond, CPA, MBA, and Austin Murray sit down with Jim Hrncir, R. Ph. FACP, Owner of Las Colinas Compounding Pharmacy and Wellness Center to unpack what it really takes to run a sustainable compounding pharmacy through industry cycles, GLP-1 volatility, and ownership transitions.
We cover:
The KPIs Jim actually tracks to manage a complex compounding operation
Why cash position may be the most overlooked metric in pharmacy
How GLP-1s changed the business—and why diversification still matters
Internal succession vs. private equity: the real tradeoffs
And more!
🕰️ Time Stamps 🕰️:
00:00 - 1:32 - Intro +
More About Our Guest:
Jim Hrncir RPh and wife Jan founded Las Colinas Pharmacy, Compounding & Wellness in 1984. Recognized as one of the pioneers of modern pharmaceutical compounding, Jim’s 1986 creation of Estradiol Transdermal Gel was the first of its kind in the United States. He is responsible for the formulation of many Bio-Identical Hormone, Dermatological, Nutritional, and Anti-Aging compounds in wide use throughout the United States. Jim was named the 2017 Compounding Pharmacist of the Year by Professional Compounding Centers of America (PCCA) and is a Fellow of the Alliance for Pharmacy Compounding (FAPC). NCPA’s magazine America’s Pharmacist featured Jim and Las Colinas Pharmacy as the cover story for December 2018.
Jim has received extensive continuing education in the areas of Bio-Identical Hormones, Nutrition, Anti-Aging Medicine, Weight Management, Pain Management, Neurotransmitter Management, Natural and Functional Medicine including the use of botanical medicines, nutritional supplements, Detoxification and Purification, homeopathy and lab testing. He has lectured across the country on a variety of topics including Clinical Patient Consulting, BHRT Assessment and Case Management, Low Dose Naltrexone, Traumatic Brain Injury Treatment Protocols, and Ketamine for Treatment-Resistant Depression and PTSD.
Jim is a member of Professional Compounding Centers of America (PCCA), American Academy of Anti-Aging Medicine, Age Management Medical Group, Texas Pharmaceutical Association, Alliance for Pharmacy Compounding, and the National Association of Community Pharmacists.
Stay connected with Jim and Las Colinas Pharmacy:
Jim's LinkedIn: / jim-hrncir-rph-8564711a
Las Colinas Pharmacy Website: https://lascolinaspharmacy.com/
Las Colinas Pharmacy Facebook: / lascolinaspharmacy
Las Colinas Pharmacy TikTok: / lascolinaspharmacy
Las Colinas Pharmacy Instagram: / lascolinaspharmacy
Las Colinas Pharmacy LinkedIn: / las-colinas-pharmacy
Stay connected with us:
Facebook: / sykesandco
Twitter: / ollinsykes
LinkedIn: https://www.linkedin.com/company/syke...
Scotty Sykes – CPA, CFP LinkedIn: / scottysykes
Scotty Sykes – CPA, CFP Twitter: / scottysykescpa
Bonnie Bond – CPA LinkedIn: / bonnieevansbond
Bonnie Bond – CPA Twitter: / bonnieevansbond
More resources on this topic:
Podcast - Driving Independent Pharmacy Profitability in 2026: • Driving Independent Pharmacy Profitability...
Podcast – The Startup Compounding Pharmacy Playbook: • The Startup Compounding Pharmacy Playbook ...
Podcast – Inside the Fight for Compounding: Advocacy, Growth, and Regulation: • Inside the Fight for Compounding: Advocacy...
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