Pharmacy Educational Reads Archive

You have chosen to become a pharmacy owner, and decided to acquire an existing practice. However, still unanswered, is the $1 million question: How do I get the million to buy a pharmacy? Surprisingly, funding a pharmacy acquisition is achievable

With the average pharmacy owner about 60 years old, it is expected in the coming decade that more than 60 percent of independent pharmacies, or some 1,000 annually, will trade or change ownership.

The VanCampens bought their first pharmacy in 2008, through Live Oak Bank, a North Carolina-based business specializing in pharmacies.

Over the years, you have made lifelong customers who have placed their utmost trust in you, hired employees you are proud to call friends, and your pharmacy has become a fixture in the community. But the time has finally come

Understanding the pharmacy’s financials is critical to measuring the health and progress of the business and the efficiency of its financial management.

Many pharmacists are unaware that implementing health information technology has been a big strategic push on the part of the Federal government since 2004.