Are you an owner of a small, locally established pharmacy, medical equipment store, or other similar business?

Are you performing well, but can’t seem to maintain relevance against the bigger chain pharmacies in your area?

Do you find yourself struggling to grow beyond your current patient base, adapt to the new digital frontiers of the pharmacy world, or refine your processes to stay profitable against increasing DIR fees and decreasing reimbursement?

 

Independent pharmacies all over the country fight to survive against the giants of the pharmacy industry, but don’t want to give up the name and individuality that they’ve worked so hard to cultivate. Here at Pierce Pharmacy Management, we share those values, and seek only to build on the success you’ve already achieved. Each member of our pharmacy family is allowed to keep and maintain the identity that the community has known and loved since the very beginning, while we provide the management and expertise of a larger business structure that allows for a more efficient, long-lasting pharmacy able to compete with the big boys in both the pharmacy and retail spheres. To us, your patients will never be just a number. We work hard to keep as much as your original staff on the payroll as possible, and keep your patients independent, making as few changes to the way they do business with your pharmacy as possible. Even if you’re ready to sell, we can still be of service to you!

  • We don’t replace, we enhance and build upon what you have long established.

  • We keep YOUR independent pharmacy alive by continuing to play an active role in the community.

  • We empower, develop, and maintain existing employment relationships.

  • We offer creative deal structures to fit your individual needs.

What our clients say about their transition

After my father’s passing, we wanted someone with the skills, financing and knowledge necessary to carry on the Wender and Robert’s name, and tradition. I felt Loren Pierce was a good fit. Loren worked hard to keep all the employees and seven years later, several key staff members still work at Wender and Robert’s Pharmacy. I’m pleased to see that the Wender and Robert’s name will reach its 100th year in business in the Atlanta area thanks to the ownership of Loren Pierce.

Brad Wender
Son of Mr. Donald Wender, Owner, Wender and Roberts Drugs

As a junior partner, Loren Pierce helped grow Moye’s from 2 locations to 8 stores including a home medical equipment business. I was happy to see that Loren retained most of our pharmacy staff, many of whom are still employed by Moye’s to this day. Loren has strong business acumen as well as a wonderful way with people. This makes him a great person to work for and with, and I’m glad I trusted Loren during this process.

Tony Moye
Owner and Founder, Moye’s Pharmacy, 1977 – 2009

I had built my long term care pharmacy up to the point I had to move it. Upon doing so, we decided to sell off our retail location to focus on LTC growth. We had an offer from Walgreens on the table, but hated the thought of letting our employees down. We were able to negotiate a deal and get the terms we needed and sell to Loren Pierce. It was tremendously smooth and we are even still friends today. One would be wise to consider Loren and his team as a viable exit strategy for their pharmacy.

Ed Meyer
Owner, Southcare Pharmacy, 1982-2010

I had already retired and had a deal with Walgreens in place, which fell through.  I was thrilled to be connected to Loren Pierce who bought the pharmacy and was able to keep it an Independent.  My employees were even happier than I was that Best Drugs was not going to a large chain!  Best Drugs is in a very small town in Florida, and we wanted to maintain that small town personal feel. 

Larry Diaz
Owner, Best Drugs of Trenton