Harbor Healthcare Advises Pennsylvania LTC Pharmacy Servicing 6,000 Lives On Its Sale & Strategic Partnership
Pennsylvania, May 2021 – Harbor Healthcare is pleased to announce the successful sale of a Pennsylvania based long-term care (LTC) pharmacy, a leading provider serving assisted living, skilled nursing and group home facilities. The acquirer, a private buyer, is also a successful provider of LTC pharmacy services to the surrounding region. The transaction brings together […]
MoreHarbor Healthcare Advises Allen’s PharmaServ LTC On Its Sale
Youngstown, Ohio, March 2021 – Harbor Healthcare is pleased to announce the successful sale of Youngstown, Ohio based Allen’s PharmaServ, Inc. to a financial sponsored strategic acquirer, a leading pharmacy provider serving the long-term care (“LTC”) and post-acute sector. The transaction brings together two prominent LTC pharmacies with numerous synergies that will create immense value […]
More2021 Compounding Pharmacy Market Outlook
For much of the last decade, compounding pharmacies encountered headwinds in the M&A markets. A combination of high government scrutiny, a few bad actors, and other challenges, resulted in suppressed demand and valuations. However now, as more companies are disrupting the traditional pharmacy service model and competition grows fiercer, acquirers are diversifying their integration strategies […]
MoreHarbor Healthcare Advises Syndicate Of Specialty & Compounding Pharmacies on its Sale
Los Angeles, California – Harbor Healthcare is pleased to announce the successful sale of a multi-location syndicate of specialty & compounding pharmacies to a financial sponsored strategic acquirer. The transaction included six pharmacy locations serving patients in and around the greater Los Angeles area. The pharmacies served both compounding and specialty customers across a wide […]
MoreHarbor Healthcare Advises Long’s Drugs LTC Pharmacy on Their Sale
Thomson, GA and Columbia, SC, October 2020 – Harbor Healthcare is pleased to announce the successful sale of Long’s Drugs (“Longs”) long-term care (LTC) pharmacy assets, owned by Kinderhook Industries. The transaction included two pharmacy locations serving Georgia and South Carolina. The pharmacies emphasize a patient-first priority with a focus on clinical excellence. “In today’s […]
More2020 Fall/Winter LTC Pharmacy Market Update
Long-term care pharmacy faced unprecedented disruptions during 2020. Patients across the entire continuum of care felt an impact in some way and nearly all facility segments implemented new operating procedures. Pharmacies modified their daily operations and re-thought how they provided service. Many of the implemented changes will remain in place long after the impacts of […]
MoreHarbor Healthcare Advises Southern California LTC Pharmacy (6,000 Lives) on its Sale
Southern California, August 2020 – Harbor Healthcare Consultants is pleased to announce the successful sale of an independent long-term care (LTC) pharmacy servicing 6,000 lives in Southern California to a private investor. The transaction synthesized a highly advantageous strategy to unlock rapid growth potential for the company while securing the financial position of the pharmacy […]
MoreNavigating Working-Capital Adjustments in Private M&A Transactions
Working-capital adjustments are a common type of purchase price adjustment, making it an integral component of Merger & Acquisition (“M&A”) transactions. For buyers, working-capital adjustments help ensure the business they procure satisfies the requirements for continued operation (going-concern basis). For sellers, working-capital adjustments help ensure they receive fair compensation. Working-capital adjustments represent the potential flexibility […]
More2020 Specialty and Infusion Pharmacy Outlook
Specialty pharmacy is the fastest growing pharmacy segment and it is estimated that specialty drugs accounted for nearly 70% of prescription-dispensing revenues in 2018. However, even with this strong representation, the past 12-24 months experienced slowing M&A activity. The number of transactions in 2019 for specialty and infusion pharmacies fell by nearly 15% from 2018 […]
More2020 Long-Term Care Pharmacy Outlook
The last 20 years delivered ups and downs to long-term care (LTC) pharmacies that caused significant disruption in the M&A space. Strategic players swept across the nation, gobbling up small and middle-market businesses in order to gain market dominance. CMS underwent several rounds of updates to their reimbursement plans that either accelerated or decelerated the […]
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