When looking to purchase a pharmacy, prospective owners must take into consideration multiple aspects of the transaction in order to ensure a successful continuation of operations post-closing. Failure to properly evaluate, structure, and execute a transaction can result in reduction of revenues, loss of payer contracts, or even revocation of pharmacy licenses. The items discussed herein do not represent an exhaustive closing list of items that must be undertaken, but they do warrant the attention of both first-time and experienced buyers.
Frier Levitt Life Sciences Attorneys Jesse C. Dresser, Esq., Arielle T. Miliambro, Esq., Harini Bupathi, Esq. and Payal Amin, Pharm.D., RPh, Esq. have written an article in the April 14, 2021 issue of Total Pharmacy detailing a legal checklist for new pharmacy owners. Read the full article here.
