Buying A Pharmacy Checklist Review

: Confirm the pharmacy is in good standing with the State Board of Pharmacy and has all required DEA registrations and billing permits.

: Audit the Pharmacy Management System (PMS) and automated dispensing units. Determine if capital reinvestment is needed for upgrades. 4. Valuation & Negotiation buying a pharmacy checklist

: Start the change of ownership paperwork early, as transferring provider numbers and insurance contracts can take months. : Confirm the pharmacy is in good standing

: 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. buying a pharmacy checklist

: Evaluate the pharmacy’s relationships with Pharmacy Benefit Managers (PBMs). Understand the risk of future audits or potential clawbacks.

: Request 3–5 years of tax returns and internal financial statements . Cross-reference these to ensure the numbers match and represent true cash flow.