Buying A Pharmacy Checklist < UHD >
Are you planning to buy a or a small chain , as that will change how you approach the staffing and PBM audits?
: Start the change of ownership paperwork early, as transferring provider numbers and insurance contracts can take months. buying a pharmacy checklist
: Request 3–5 years of tax returns and internal financial statements . Cross-reference these to ensure the numbers match and represent true cash flow. Are you planning to buy a or a
: Decide whether you are seeking a share sale (buying the legal entity, including all liabilities) or an asset sale (buying only the specific business assets). Cross-reference these to ensure the numbers match and
: Evaluate the pharmacy’s relationships with Pharmacy Benefit Managers (PBMs). Understand the risk of future audits or potential clawbacks.
: Before making an offer, assemble a specialized group including a healthcare attorney , a CPA with pharmacy experience , and a pharmacy consultant .
: 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