: Start the change of ownership paperwork early, as transferring provider numbers and insurance contracts can take months.
: Work with your attorney to include robust representations and warranties that protect you from undisclosed liabilities.
: Audit the Pharmacy Management System (PMS) and automated dispensing units. Determine if capital reinvestment is needed for upgrades. 4. Valuation & Negotiation
: Evaluate the pharmacy’s relationships with Pharmacy Benefit Managers (PBMs). Understand the risk of future audits or potential clawbacks.
: Conduct a professional count at the time of closing. Look for expired or slow-moving stock and verify it was purchased from licensed suppliers. 3. Operational & Legal Assessment