Starter Page
H3 Header
H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs
H3 Header (White)
H4 Header
Description Text
H4 Header
Description Text
H4 Header
Description Text
H4 Header
Description Text
H3 Header
H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs H6 Text for Paragraphs
H2 (Global Text Black)
H6 TEXT (Custom)
H6 Text (Custom)
H6 Text (Custom) Description Description Description Description Description
H6 TEXT (Custom)
H6 Text (Custom)
H6 Text (Custom) Description Description Description Description Description
H6 TEXT (Custom)
H6 Text (Custom)
H6 Text (Custom) Description Description Description Description Description
H2 (Global Text Black)
H6 TEXT (Custom)
H6 Text (Custom)
H6 TEXT (Custom)
H6 Text (Custom)
H6 TEXT (Custom)
H6 Text (Custom)
H6 TEXT (Custom)
H6 Text (Custom)
99%
Pharmacies Sold within Valuation Range
+$20 Million
Pharmacies Sold
+500
Pharmacies Sold, Opened or Transitioned
Our Team Consists of Pharmacists and Pharmacy Owners with Decades of Experience
Our Pharmacy Acquisition Process is Proven to be Successful… Here’s Why.
Personalized Support
From your FREE CONSULTATION to closing the sale, you’ll be guided by a licensed pharmacist as your dedicated Project Manager, supported by our expert team. Together, we’ll navigate every step of the process with you.
Looking for a Location?
Ask about our Pharmacy Buyer Program that helps market buyers to Pharmacy owners looking to sell their stores in the buyer’s desired location.
Experience You Can Trust
With decades of experience and a proven track record of selling and opening pharmacies nationwide, PRS is the ONLY pharmacy brokerage consultant endorsed by the NCPA, Federation of Pharmacy Networks, and over 20 buying groups representing more than 15,000 pharmacies.
Legal Counsel
We can refer you to legal counsel, or consult directly with your attorney for all legal documents needed for Pharmacy acquisitions.
Accounting
We can refer you to accountants with knowledge in all accounting systems, retail bookkeeping, financing, and taxes for retail Pharmacies.
Financing
We have financing consultants who can help you find the perfect financing and get you pre-qualified for the purchase of the Pharmacy.
H3 Header:
Text
- Text
- Text
- Text
- Text
- Text
- Text
- Text
- Text
Testimonial Single
"Testimonial Write-Up Here"
— First Name, Title | City, STATE
Testomonial Double
"Testimonial Write-Up Here"
— First Name, Title | City, STATE
"Testimonial Write-Up Here"
— First Name, Title | City, STATE
Take Action Today and Start Your Journey to Freedom
H6 Bold
Contact Us Today!
Let’s discuss how we can help your pharmacy thrive?
Call us at 800-338-3688 to find out how we can help you.
Frequently Asked Questions
What does PRS do?
PRS is an Independent Pharmacy Consulting Company that has 4 main segments:
1) Pharmacy Compliance – trainings and policies and procedures for Pharmacy regulatory compliance in areas such as HIPAA, Fraud, Waste & Abuse, OSHA, Exclusion Checks and more.
2) Pharmacy Ownership – this includes services for Start-ups, Pharmacy Transfers, Feasibility Studies and more.
3) Brokerage Services – this includes services for Buying, Selling, Transferring and Valuating Pharmacies.
4) Pharmacy Operations – this includes our RX Check-Up service which takes a deep dive into your entire Pharmacy operations to find and help you fix issues.
We also have PA Exclusive Pharmacy Staffing Services, International Pharmacy Services and more.
Is PRS affiliated with a wholesaler?
We work with all of them. Using PRS’ services isn’t contingent on using any particular vendor.
Frequently Asked Questions
Do I have to purchase the entire COMPLIANCETrack program?
No. Many of our Pharmacy Compliance products are available à la carte. However, in many cases if you need multiple products it is cheaper to purchase the entire suite depending on which products you need. Check with our compliance specialists for more details on your specific needs.
Do I need to have my compliance manuals printed?
No. As long as you can access them if asked for during an audit, then it does not matter if they are printed or electronic copies.
For more details on your compliance manual and other compliance questions, please reach out to our compliance specialists.
Frequently Asked Questions
What is included in the PRS Brokerage Services?
At PRS we pride ourselves on being a different kind of Pharmacy brokerage service. We are the only brokerage firm endorsed by NCPA. We cover everything from buying, selling, transferring, and opening a start-up pharmacy. We have programs for every situation and we are owned and operated by Pharmacists so we understand what it takes to succeed and the challenges most owners or potential owners are facing in today’s competitive market.
We PROMISE 100% confidentiality and will never share your information with anyone. You can view our signed Non-Disclosure Agreement (NDA) here.
What do I need to do if I am buying a pharmacy?
The first thing you need to do is have a Pharmacy Valuation performed to determine if the asking price is fair. Second, partner with professionals that have experience in due diligence, licensing, third-party contracting, letter of intent (LOI), purchase agreements and Pharmacy operations to help ensure a smooth transition.
We PROMISE 100% confidentiality and will never share your information with anyone. You can view our signed Non-Disclosure Agreement (NDA) here.
What is the difference between an asset purchase and a stock purchase?
In a stock purchase the buyer purchases the seller’s share of the corporation’s stock directly, therefore obtaining ownership of the seller’s corporation. The Pharmacy operation remains with the same corporation and FEIN.
In an asset purchase, the seller retains possession of the corporation or LLC and the buyer’s corporation purchases individual assets of the company such as Rx files, equipment, inventory and goodwill.
For a more thorough breakdown, please schedule a consultation with one of our experts.
Are there any licensing and PBM considerations in a stock purchase?
One of the biggest misconceptions is that a buyer does not have to address licensing and third-party contracting during a stock purchase. Each state Board of Pharmacy determines the definition of “Change of Ownership” differently. In addition, “Change of Ownership” notifications may need to be filed with all appropriate government licensing boards and PBM’s. The complicated rules and laws involving buying, selling, owning, or transferring a Pharmacy are why you should always hire a reputable company to guide you through the process. PRS is the exclusive NCPA endorsed broker.
PRS IS AN ACCREDITED BUSINESS INTERMEDIARY
Effortless Compliance, Every Step of the Way
Managing pharmacy compliance doesn’t have to be overwhelming. With COMPLIANCETrack, you can focus on what matters most—your patients—while we take care of the compliance details. Our all-in-one platform is designed to make regulatory adherence and credentialing simple, efficient, and stress-free, so you can stay ahead without breaking a sweat.
Why Choose COMPLIANCETrack?
Our comprehensive suite of compliance products streamlines every aspect of pharmacy compliance, making it easy to stay up-to-date and audit-ready.
Our COMPLIANCETrack platform provides:
- Policies and Procedures required for Pharmacy Compliance/Credentialing – unlike some wholesaler programs
- Everything you need to be compliant without paying hundreds of dollars a month
- Records maintained for 10 years for all active members
- Online employee training and tracking
- Monthly or daily OIG and SAMS Exclusion Database Checks for Employees, Prescribers and Vendors
- Easily accessed online from any device 24/7
- Enter once and populate employee information easily into all programs
- Training automatically assigned by software based on employee job title
- Identical formatting between programs allows for an easy learning curve
- Easy to follow step-by-step Compliance Guides to implement the program
- Automatic updates as laws, third-party requirements, and best practices change
- Industry-leading customer service with a dedicated Pharmacy Compliance Specialist as your primary contact
Compliance That Fits Your Pharmacy
COMPLIANCETrack is tailored to meet your needs, offering three customizable bundles: Premium Suite, Deluxe Suite, and Essentials Suite. Whether you need a full package or individual products, we have the right fit for your pharmacy.Add Your Heading Text Here
Essentials Suite
COMPLIANCETrack-
HIPAA Privacy and Security (HIPAATrack)
-
Fraud Waste, and Abuse Compliance (FWATrack)
-
OIG and SAM Exclusion Database Check (EXCLUSIONTrack)
-
License and Certification Expiration Tracking (LICENSETrack)
-
Pseudoephedrine Compliance (PSETrack)
-
Controlled Drug and Red Flag Program (REDFLAGTrack)
Deluxe Suite
COMPLIANCETrack-
Includes All Programs in Essentials Suites
-
Hazardous Communication Standard (OSHATrack)
-
Medication Error Prevention and Documentation (QATrack)
-
Employee Handbook Templates (EMPLOYEETrack)
-
Pharmacy Operational Manual (POLICYTrack)
-
Technician Protocols (TECHTrack)
-
Form I-9 Compliance (VER*I-9Track)
-
Track and Trace (DSCSA) Compliance (DRUGSUPPLYTrack)
-
Cultural Competency and Non-Discrimination (CULTURETrack)
Premium Suite
COMPLIANCETrack-
Includes All Programs in Essentials and Deluxe Suites
-
OSHA BBP Exposure Control Plan (ECPTrack)
-
Medicare Part B Compliance - Drug and DMEPOS (MEDBTrack)
-
Hazardous Drug (USP800Track)
Our Products
HIPAA Privacy and Security (HIPAATrack)
Government and third party mandated requirement. Government fines up to $1.5 million apply for non-compliance.
Suites Included:
Essentials | Deluxe | Premium
Fraud, Waste and Abuse Compliance (FWATrack)
Government and Medicare Part D Plans require all Pharmacies to be compliant with the Fraud, Waste and Abuse and Compliance Program Requirements. Loss of Rx filling privileges and fines can result in non-compliance.
Suites Included:
Essentials | Deluxe | Premium
OIG and SAMS Exclusion Database Check (EXCLUSIONTrack)
The government maintains lists of persons excluded from federally funded programs. If an employee, or other individual or entity working on behalf of the Pharmacy, is on one of these exclusion lists, federally funded third parties and State Medicaid can take back all amounts paid to which those individuals and entities were involved.
Suites Included:
Essentials | Deluxe | Premium
License and Certification Expiration Tracking (LICENSETrack)
Centralizes tracking and provides renewal reminders for Pharmacy licenses, and any other important items with an expiration date.
Suites Included:
Essentials | Deluxe | Premium
Pseudoephedrine Compliance (PSETrack)
Government mandated to combat illegal production. Fines and jail time applicable for non-compliance.
Suites Included:
Essentials | Deluxe | Premium
Do You Have Multiple Pharmacy Locations?
No problem! Having multiple Pharmacies does not need to make compliance and credentialing complicated. The COMPLIANCETrack Suite of Programs is designed for use with one Pharmacy up to a chain of Pharmacies. COMPLIANCETrack allows you to see all of your Pharmacy locations on one page, making tracking of Pharmacies and employees simple. Individual store logins can be set up for each Pharmacy so they can log in and be restricted to only seeing what is important to them, their Pharmacy. Purchase additional suites for each new Pharmacy as needed with the option of having one easy-to-manage account.
Multiple store discounts available.
Community retail pharmacy filling 140 scripts per day on average.
Your Path to Hassle-Free Compliance Starts Here
Take the guesswork out of compliance and credentialing. Discover how COMPLIANCETrack can save you time, reduce costs, and simplify your daily operations—all while keeping you fully compliant.
Get Started Today!
Want to learn more? Call us at 800-338-3688 to find out how COMPLIANCETrack can help you.
Don't wait - start your journey to seamless compliance today!
Important FDA Update on DSCSA Requirements for Pharmacies
The FDA is granting exemptions from certain DSCSA requirements of Section 582 for small dispensers (pharmacies) and their trading partners until November 27, 2026.
What this Means
If your pharmacy has 25 or fewer full-time employees who are licensed pharmacists or qualified pharmacy technicians as of November 27, 2024, you can operate under the enhanced drug distribution security (EDDS) small dispenser exemption. This exemption grants you extra time to stabilize operations and fully implement the EDDS requirements of the DSCSA Regulations. This additional time allows you to troubleshoot and mature your systems and processes for DSCSA compliance.
However, even if pharmacies qualify for an exemption, they still need to have these processes in place to be compliant with existing DSCSA requirements:
A trading partner’s obligation to comply with enhanced drug distribution security requirements by November 27, 2024, will not be paused or extended upon submission of a request or while FDA’s response is pending. The agency expects the trading partner to continue their efforts to meet the requirements until FDA has approved or denied the request.
• Authorized Trading Partners [582 (d) 3]
• Product Identifiers [582 (d) 2]
• Product Tracing [582 (d) 1]
• Verifications [582 (d) 4]
To read more about the FDA exemptions for small dispensers visit our blog:
PRS and Advasur have partnered to provide DSCSA 360™. This program includes all of the below features and tools to enable your pharmacy for success:
Item
Item
Item
Advasur has been at the forefront of Track & Trace requirements since the law’s creation. Like PRS, Advasur was built by pharmacists for pharmacists. Their ultimate goal is to provide a turn-key outsourced solution so you can focus your attention on the most important part of your job, your patients.
PRS is proud to partner with Advasur. Together, we have developed the most convenient and complete DSCSA solution at an affordable price.
*This product is endorsed by FPN and NCPA, representing over 15,000 Independent Pharmacies.
*This product is endorsed by FPN and NCPA, representing over 15,000 Independent Pharmacies.
What is DSCSA?
The DSCSA was passed in 2013 to create a federal track and trace program for prescription medicines in the United States. DSCSA aims to prevent, detect, and respond to suspect and illegitimate medication in the United States Supply Chain. The law established a 10-year roadmap with enforcement and adaptations in 2015 and 2018 related to Product Tracing, Product identifiers, Authorized Trading Partners, and Verification. If you meet the exemption announced on 6/12/2024 the last section of the law, Electronic Drug Distribution Security (EDDS), goes into effect on 11/27/2026. Among other things, EDDS directs all trading partners to have in place a secure, electronic, and interoperable system for the exchange of transaction documentation [transaction information (TI) and transaction statements (TS)] to enable the tracing of prescription medications.
Don't Wait Until it's Too Late?
Ensure your pharmacy is DSCSA compliant before the deadline.
Fill out the form today or contact us at 800-338-3688 to get started!
HIPAA Pharmacy Compliance
The Exclusive HIPAA Compliance Program Recommended By NCPA and The Federation Of Pharmacy Networks.
If the Industry Leaders Trust PRS as Their Exclusive HIPAA Compliance Program…. Shouldn’t You?
Privacy Rule, Security Rule, Breach Notification Rule, HITECH, or the HIPAA Omnibus Rule – it does not matter; the PRS HIPAATrack Compliance Program is designed to make your Pharmacy Compliant with each of them. The program contains the policies, procedures, forms, and training (based on the regulation and the policies and procedures) to ensure you have the tools to be compliant. On top of that, you have access to our helpdesk and policy experts to answer any questions you may have
Does My Pharmacy Need to be Compliant with HIPAA?
Yes! Any pharmacy that transmits claims to PBMs in an electronic format needs to be compliant. In the very slim chance that does not describe your pharmacy, check with your State to determine if they consider HIPAA a Standard of Practice for all healthcare providers. The Office of Civil Rights was authorized to conduct on-site compliance audits and has been doing so since 2013. This auditing process changed from the reactive process (reacting to complaints) to a more proactive approach of auditing pharmacies (and other HIPAA covered entities).
What Happens if I am Not Compliant?
Violating the HIPAA regulations can lead to civil monetary fines and criminal prison sentences. The HIPAA Regulations have been in place since 2003, so the Office of Civil Rights is not considering excuses for not knowing what is required by HIPAA. Also, the total dollar amount and the number of fines have been steadily increasing over the past several years. For example, since 2016, there have been over $100 million in penalties (Resolution Agreements and Civil Money Penalties).
HIPAA VIOLATIONS CAN BE COSTLY
IS AFFORDABLE
PRS’ HIPAATrack provides the simplest, most cost-effective solution to your HIPAA Compliance needs on the market. As a result, more Pharmacy Owners trust PRS for HIPAA Compliance than all of our competitors combined; over 6000 independents and small chains.
HIPAATrack Includes the following features:
The online HIPAA Compliance Program
Up-To-Date Risk Analysis and Management Plan
Up-To-Date Disaster Recovery Program
Enhanced online Employee Training PLUS Tracking
Current Policies and Procedures to Meet the existing HIPAA Rules that will be updated as necessary if there are any updates as a result of the OCR’s Notice of Proposed Rulemaking (NPRM) to improve the Privacy Rule and Care Coordinations
Task Notification System via Email When:
New Tasks Need to Be Completed
There Have Been Updates to Policies and Forms
Employee Re-Training is Due
Monitoring of Important Tasks That Must Initially Be Completed
Industry Leading Customer Service
Need additional information about this program or any other Pharmacy Compliance and Credentialing services or products? Contact our compliance specialists today. And remember, our specialists can help you even if you are already working with another compliance program.
Your Trusted Experts in Compliance, Brokerage, Staffing, and Consulting for Independent Pharmacies
Backed by Over 40 Years of Experience from Pharmacists and Pharmacy Owners
Pharmacy Compliance
Buying a Pharmacy
Selling a Pharmacy
Pharmacy Valuations
Opening a Pharmacy
Operational Evaluations
The most complete DSCSA compliance program designed for pharmacy.
Designed to simplify compliance procedures, DSCSA360™ enables you to prioritize patient care while effortlessly meeting DSCSA requirements. Developed by PRS Pharmacy Services and Advasur, DSCSA360™ offers an all-inclusive approach, shielding your pharmacy from potential penalties and ensuring seamless adherence to regulatory standards.
Designed to make compliance/credentialing, risk management and government audits easier, less costly, and much more efficient.
Thousands of pharmacies across the U.S. rely on PRS for their pharmacy regulatory compliance/credentialing coverage for themselves and their members. With the help of our compliance support team, you'll have 100% compliance coverage, GUARANTEED*!
* 100% Compliance Guarantee is applicable to the PRS FWATrack and HIPAATrack Programs
Buying & Selling
Our entire team is dedicated to guiding you through every step of buying or selling your pharmacy.
As the only pharmacy ownership and brokerage consultants recommended by NCPA and over 20 buying groups—representing more than 15,000 independent pharmacies—we bring unmatched expertise to each transaction.
“PRS was instrumental in the setup of our pharmacy in Pennsylvania. They walked us through every step ensuring that we followed all state and federal laws as well as just good pharmacy practice. Their expertise allowed me to be worry-free on the day of inspection. I knew we were going to pass, and we did!
They’ve also made themselves available after the inspection. I still reach out with a question occasionally and they are only too happy to help.”
- Laura
Our Services
Pharmacy Compliance
PRS has the most affordable, comprehensive Pharmacy Compliance package available. COMPLIANCETrack is easily accessed online and always up to date. More than 6,000 Pharmacies trust COMPLIANCETrack.
Pharmacy Brokerage Services
Whether you need to know what your pharmacy is worth, are wanting to buy a pharmacy, thinking about selling your pharmacy, or need help transferring a pharmacy, we can help you every step of the way.
Pharmacy Valuations
Pharmacy valuations are important whether you are selling your pharmacy or looking to buy a pharmacy. Our pharmacy valuation services will give you exactly what you need: a REAL number both you and a potential buyer can actually use.
Pharmacy Operational Evaluations
Pharmacy owners trust our experts for comprehensive consultation services and custom solutions including operational evaluations like RX Check-Up. Do you need a "bumper-to-bumper" inspection of your entire pharmacy operation?
Turnkey Pharmacy Ownership Programs
If you've always dreamed of opening your own pharmacy, but you aren't certain where to start... call us. We have opened hundreds of independent pharmacies.
