Healthcare Sector: Pharmacy
Our team is experienced in retail and wholesale pharmacy, dentistry including NHS and private practices and care businesses. We provide financial health check services across these areas as well as stakeholder management and turnaround services across England, Wales and Scotland.
Our team has many years of experience in the retail and wholesale pharmacy sector. We provide services to both pharmacists and funders across the whole of the UK. By utilising our working relationships with a number of the leading wholesalers and commercial lenders in this sector we are in a strong position to provide support and turnaround services to underperforming businesses.
We have a successful track record of assisting clients to continue to meet patients’ needs and demonstrate the viability of the business to stakeholders including wholesalers and lenders.
The pharmacy sector has continued to experience higher costs and the impact of the Category M claw back and therefore stricter financial control and reporting is now vital to allow your business to achieve its goals.
Recent Assignments
- Group of three retail pharmacies
- On stop with lenders and wholesalers
- Undertook financial review
- Negotiated with stakeholders to provide support
- Continued to monitor the profit and cash position
- Fixed fees
- Business still trading
- Management delighted with the support provided