Harbor Healthcare Advises CT Pharmacy on its Sale
MARCH, 2019 • Madison, Connecticut Harbor Healthcare is pleased to announce CT Pharmacy has been acquired by CVS Health. The transaction presents a unique opportunity for independent pharmacy owners to monetize the assets of their business while allowing CVS to further expand services to patients, customers and providers in the Connecticut communities and surrounding areas. “We are proud […]
More2019 Long-Term Care Pharmacy Outlook
There is another exciting year ahead for the long-term care (LTC) pharmacy M&A market. Before we look into the crystal ball, let’s recap the prior year and catch up on current trends. First, consolidation continued among payers and providers. When it will end, nobody knows. What we do know is that companies are seeking to […]
MoreHarbor Healthcare Advises Pharmatech, Inc. on its Sale to Caris Life Sciences
IRVING, Texas, May 1, 2019 — Caris Life Sciences® has acquired Pharmatech, Inc. As a leading innovator in molecular science, Caris practices precision medicine by individualizing cancer treatments, leading the way to a better molecular understanding of cancer. The acquisition promises to fundamentally redefine how pharmaceutical and biotechnology companies identify and rapidly enroll patients in […]
MoreTwo Accounting Factors That Will Raise the Value of Your Business
Your business has grown and you now find yourself in a precarious situation: you don’t have the proper financial procedures to efficiently and effectively manage your newly found success. You are not alone! There is no reason to feel bad about it, most entrepreneurs primary focus is cash flow, not diligently structuring their books and […]
More2018 Specialty Pharmacy Market Outlook
The past year in specialty pharmacy was rampant with activity. On the PBM side, we saw aggressive consolidation to combat increased competition. On the legislation side we watched the battle over repealing the alternative care act rage on. Last but not least, reimbursements underwent more disruption due to increasing medication costs and an aging America. […]
MoreWhen is The Right Time to Sell Your Pharmacy?
Every business owner considers the question eventually: Is it time to sell my business? The opportunity to work for yourself instead of working for others is the best reward of any entrepreneur. Arguably, the second greatest reward is building equity in your business and then exiting for a high valuation and monetizing your equity. Deciding […]
MoreHarbor Healthcare Advises Focus Rx on its Sale to Diplomat
FLINT, Mich. — Sept. 11, 2017 Diplomat Pharmacy, Inc. (NYSE: DPLO), has completed its acquisition of Focus Rx Pharmacy Services Inc., a specialty and infusion pharmacy with two locations in New York state. Focus Rx is a customer-focused health care partner that provides home infusion and specialty prescription management services. This acquisition bolsters Diplomat’s offering of […]
MoreHow to Select a Sell-Side Advisor
The sale of a company is a major event for its owners, management, employees, and other stakeholders. It is an intense, time-consuming process with high stakes, usually spanning several months. Consequently, the seller typically hires an investment bank and its team of trained professionals (“sell-side advisor”) to ensure that key objectives are met and a […]
More2017 Long-Term Care Pharmacy Market Outlook
The results are in and healthcare M&A activity continues to be a strong performer in the first half of 2017. Continuing the 2016 spending trend which recorded an estimated $36 billion in total deal value, a 60% increase over 2015. This is great news for an industry that is experiencing more activity now than at […]
MoreGuardian Atlanta acquires Collier’s Personal Care
We are happy to announce that Guardian Pharmacy of Atlanta has acquired Collier’s Personal Care, a long-term care pharmacy in Dunwoody, GA. This transaction allowed Jim Collier, the founding owner, to exit 100%. Jim’s partner, Hank Heller, will stay on with Guardian Pharmacy of Atlanta to support account management and sales activity. Collier’s business will add […]
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