: Break down the volume by brand vs. generic , retail vs. specialty/compounding , and the concentration of your prescribing doctor network .
: Confirm the pharmacy is in good standing with the State Board of Pharmacy and has all required DEA registrations and billing permits. buying a pharmacy checklist
: Evaluate the pharmacy’s relationships with Pharmacy Benefit Managers (PBMs). Understand the risk of future audits or potential clawbacks. : Break down the volume by brand vs
: 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 : Confirm the pharmacy is in good standing
Buying an independent pharmacy is a complex process that blends high-stakes financial investment with strict regulatory compliance. This checklist breaks down the critical stages—from initial evaluation to closing the deal—to help you navigate the transition successfully. 1. Pre-Purchase & Assembly
: If you aren't buying the real estate, check if the lease is assignable and look for "danger clauses" like the landlord’s right to relocate or demolish the building.
: Start the change of ownership paperwork early, as transferring provider numbers and insurance contracts can take months.