News | Harbor Healthcare Consultants

Harbor 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 […]

Navigating 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 […]

2020 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 […]

2020 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 […]

Harbor Healthcare Advises Atkinson’s LTC Pharmacy on its Sale to Guardian Pharmacy Services

Jacksonville, Florida, February 2020 – Harbor Healthcare is pleased to announce the acquisition of the long-term care division of Atkinson’s pharmacy by Guardian Pharmacy Services. The newly acquired pharmacy will operate as Guardian Pharmacy of Jacksonville and will continue serving existing long-term care (LTC) customers and their residents. Harbor Healthcare Consultants served as the exclusive […]

Extending Your Business Life Cycle

With today’s technological and legislative changes, pharmacy enterprises must be more adaptable than ever. They must continually transform what they do and how they do it. As companies grow and change, they will generally pass through five life-cycle stages: 1) launch 2) growth 3) shakeout 4) maturity and 5) decline. Depending on which stage a […]

How Contracts Impact Value in Pharmacy M&A Transactions

When engaging in the sale of your business, most well-informed buyers will have a comprehensive acquisition plan to assess potential synergies and assign a valuation range for a given acquisition target. Many times, the plan can be as simple as a master checklist that must be satisfied for an acquisition to be considered. These lists […]

Retail Pharmacy Case Study

The pharmacy owners were seeking liquidity. Their objective was to monetize the assets of the company for personal investments, debt relief, and at the same time ensure a viable transition for the employees.

Harbor Healthcare Advises Medical Center Pharmacy on its Sale

NORTHRIDGE, CA – August, 2019 Harbor Healthcare is pleased to announce the acquisition of Medical Center Pharmacy by CVS Health. The transaction represents a unique opportunity for independent pharmacy owners to monetize the assets of their business while allowing CVS to further expand their services to patients, customers and providers. In addition to providing pharmacy […]

Specialty & Home Infusion Case Study

This pharmacy is a healthcare partner that provides home infusion and specialty prescription management services. The company partners with hospitals, specialty practices, and clinics to deliver comprehensive and personalized services. The pharmacy was a destination where employees sought out employment in the industry as providing a great workplace within a growing organization. Combined, the business […]

A much deserved yet overdue thank you for your continued help and support of me with the questions that I ask of you from time to time. I appreciate your patience and perseverance in ensuring that you find the right answer for me.
Jeffrey E. Feldberg
Choosing someone that could mentor me with all of the nuances of this type of business was important. I was very fortunate to find Mark who has been instrumental in helping me understand not only what needed to be done but also how to accomplish it in the most effective, efficient way.
Tammy Miller
Being a pharmacist himself and owning his own businesses provides Ira with unique insight when working on behalf of a pharmacy owner… While working on my behalf, I observed several of Ira’s personality characteristics which helped create and keep the deal together; these being: people skills, positive attitude, decisiveness, creativity and intellect. In addition, during the transaction Ira was able to gain the respect of our prospective buyers with his expertise and style…
Ronald A. Memo, RPh
Ira Cammeyer is not a “business broker”. He and his colleagues are deal makers. They maximize your position in the market and represent you 110%. The association does not stop after the deal is done. Belonging to the “Ira” family brings you opportunities in the future. In addition, Ira is there for you. His opinion and network is just a phone call away.
Stanley R. Goldenberg, RPh, FASCP
Michael worked tirelessly in establishing financials that would convert our private business records into the format required for evaluation by potential capital partners. We could not be more pleased by the results and will continue our relationship with Harbor Healthcare so that they can assist us in finding potential acquisition targets.
Ron Belville, RPh

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