Ownership

Ownership Academy: Pharmacy Sellers

As one of America's most trusted professions, it is no wonder the independent pharmacy is the cornerstone of many communities. It is important that you find the right buyer and the right price for your business.

Selling your pharmacy requires careful planning and NCPA has resources to assist. Sellers Guide, IPMS, PBCS, more...

  • CE & Professional Development
    Find continuing education (CE), to keep your license current and Certificate programming to keep your clinical skills sharp. You will also find a wide variety of seminars/short courses, conferences, certificate programs, interactive presentations, and other development opportunities.
    • Preventing Fraud, Waste and Abuse
      This online program is designed to educate pharmacy owners and employees about the federal laws and guidelines related to fraud, waste, and abuse. The course has been endorsed by the National Health Care Anti-Fraud Association and recommended by several Medicare Part D plans to assure compliance with federal requirements. It is available to NCPA members for discount.

  • NCPA Front-End Overhaul
    Find continuing education (CE), to keep your license current and Certificate programming to keep your clinical skills sharp. You will also find a wide variety of seminars/short courses, conferences, certificate programs, interactive presentations, and other development opportunities.
  • Pharmacy Matching
    IPMSSign up free on www.PharmacyMatching.com to contact pharmacy buyers online. Advertise your pharmacy for 180 days for $50; NCPA members get half-off.
  • Live Oak Bank
    • Live Oak BankYou have devoted your career to taking care of the people in your community; let Live Oak Bank take care of you. We have 20+ years of experience providing loans to small healthcare practices, which means you can move forward with confidence when selling your business and preparing for retirement. With a third generation pharmacist on staff, we understand the challenges that are unique to your industry. When you're ready to sell your pharmacy, you can rely on Live Oak Bank. We're your partner and seeing you succeed is success for us.
    • One Destination, Two Roads to Pharmacy Ownership (America's Pharmacist October 2011)
  • NCPA Bookstore

    The Pharmacy Immunization Compliance Policy and Procedure Program includes:

    An outline/plan to implement a 10-15 minute vaccination process

    A Bloodborne Pathogen Plan that specifically addresses applicable OSHA Rules and Regulations

    Training videos

  • Selling a Pharmacy: A How to Guide
    Develop and hone your management and ownership skills. Twenty chapters ranging from entrepreneurship to employment law to marketing principles.
  • Profit Mastery: Creating Value and Building Wealth is an online streaming video workshop designed to take the mystery out of the numbers—and to give practical financial tools to enable you to make better business decisions and to obtain better bank credit lines. Profit Mastery will give you the insight to immediately make more, and keep more, of your hard-earned money. Use promotional code "NCPASAV" and save $200 on your purchase.
  • Some of the skills you will learn in this workshop are how to:

    • Speak the language of finance and be better equipped to interact intelligently with numbers people
    • Incorporate the Seven Steps to building value into your business
    • Understand financial statements and how to use them as management tools
    • Apply benchmarks to increase your financial performance
    • Understand how to use break-even analysis to control costs and manage profits
    • Predict and manage cash flow
    • Manage growth effectively
    • Make your business irresistible to bankers
  • NCPA Digest, sponsored by Cardinal Health
    Look up current figures from top-performing and median-reporting pharmacies across the country to benchmark the performance of your business.
  • Ownership Resources
    Members Only information about buying or selling a pharmacy through a Junior Partnership and management tools. Assess the fiscal fitness of your business as you prepare to sell.
    • Pharmacy Blue Book (preview)
    • Pharmacy Financial Measures
    • Break Even Calculator (preview)
    • Cost of Dispensing Calculator preview
    • NCPA Digest, sponsored by Cardinal Health
      Look up current figures from top-performing and median-reporting pharmacies across the country to benchmark the performance of your business.
ASK YOUR FAMILY PHARMACIST ™

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