Are you planning to buy a or a small chain , as that will change how you approach the staffing and PBM audits?
: Evaluate the pharmacy’s relationships with Pharmacy Benefit Managers (PBMs). Understand the risk of future audits or potential clawbacks. buying a pharmacy checklist
: Ensure the seller signs a non-competition and non-solicitation agreement to prevent them from opening a competing shop or poaching patients nearby. 5. Finalizing the Transaction Are you planning to buy a or a
: Start the change of ownership paperwork early, as transferring provider numbers and insurance contracts can take months. : Ensure the seller signs a non-competition and
: Break down the volume by brand vs. generic , retail vs. specialty/compounding , and the concentration of your prescribing doctor network .
: Before making an offer, assemble a specialized group including a healthcare attorney , a CPA with pharmacy experience , and a pharmacy consultant .
: Draft a non-binding offer that outlines the price, payment terms, and conditions for the final sale.