Questions To Ask — When Buying A Pharmacy
Under laws like TUPE , you may be required to retain staff on their current terms.
Identify the local doctors or clinics driving most of your business and evaluate the risk if they were to move or retire. questions to ask when buying a pharmacy
Specifically, ask about order quantity limits and compliance with local dispensing regulations. Legal & Regulatory Compliance Under laws like TUPE , you may be
Ask about the history of audits from Pharmacy Benefit Managers and if any funds are currently being clawed back. Staff & Reputation Under laws like TUPE
Inquire about existing debts, loans, or off-balance-sheet obligations like litigation reserves. Operational Specifics
Are volumes increasing, stable, or declining over the last three years?
Scrutinize the gross profit margin trends and how they compare to industry benchmarks.