Pharmacy

Pharmacy
 

PHARMACY
 

Pharmacyhealth_image.jpg
Aged Care
 

PHARMACY

 

Health Services by RSM

 

Pharmacy Advisory, Assurance and Consulting

The Pharmacy team at RSM provide services to both retail pharmacy and the pharmaceutical sectors.

Contact a pharmacy business expert

We know pharmacy and the healthcare sector, we speak your language and understand the immense challenges currently being faced.

There are also real opportunities to adapt through new technology and approaches in how you do business and manage your risks.


At RSM, we act as your strategic partner, providing critical and timely insights. Whatever your needs may be.

KEY CONTACT

Peter Saccasan is a Pharmacy business expert

Peter Saccasan
National Director, Pharmacy

T: +61 2 8226 4500
[email protected]

 

 

 

RSM offers Safe Harbour strategies

JobKeeper – Service entities, schemes and more complex rules

5 May 2020
The legislative instrument setting out the modified rules for service entities, among other things, was registered by Treasury late in the evening on Friday 1 May 2020.

Pharmacy Businesses - COVID-19 Support

27 April 2020
This information pack is directed specifically at pharmacy owners and their businesses. COVID-19 support and economic stimulus packages are discussed and specific information is included around:

"Just where has all the profit gone?"

19 March 2020
Without doubt, the most common question an accountant is asked: “why does my profit not equal the cash in my bank account?”.

Surviving due diligence for a Pharmacy Business

1 January 2020
Buying a pharmacy should be treated like any other big investment or commitment you make in life.

The ‘P’ in Pharmacy – It’s about Professionalism, not Price

9 September 2019
The ‘P’ in Pharmacy – It’s about Professionalism, not Price

Budgeting and forecasting for your pharmacy business

30 July 2019
Having cash in your pharmacy business gives you the ability or confidence to make important decisions and provides you with a sense of security when you go to sleep at night.

4 Tax Tips for Pharmacy Business Owners.

2 July 2019
As the income tax year draws to a close yet again, many pharmacy

Case study: UFS Dispensaries

18 June 2018
“We have an excellent working relationship with RSM, in particular with the audit team. It is an open and frank relationship and it is definitely a high trust relationship.

Don't follow 'the pack'

11 August 2016
Have you ever heard of the mysterious 'they'? If you are a parent of teenaged children 'they' are close family friends. You know how it goes, 'they' always get the most privileges, have the best parents ever, go to the movies every weekend and of course, 'they' have an unlimited phone plan. Yep, 'they' are living proof that I, as a parent, know nothing. 

Health innovation must continue for pharmacy

20 June 2016
The April price cuts continue the downward spiral on medicine prices and the gross profit return to pharmacy. Since PBS reforms began, the known goal is that dispensary contribution can only be arrested by volume. As the GP$ per prescription falls, pharmacy owners need more scripts to provide the same GP$ which are used to pay the overhead and provide a pr

What price are you really paying for that pharmacy?

19 May 2016
Last month I wrote about the art of negotiation in a pharmacy purchase. If you get the timing right with asking the right questions you can generally argue the price down in a sensible way. This month I want to look at the impact of paying above valuation for a pharmacy and what that means for your investment. Current pharmacy market

Are you in good shape? How about your business?

2 May 2016
At a tender age of 50+ (now that I have been here for a few years, ‘50’ is the new ‘40’ okay!), I have recently bounded off for the ‘executive health check’.  After 2 ½ hours of testing, sampling, hitting the tread mill etc., I (and my wife) am pleased to report that all is well. All the vital signs are in good shape and no alarm bells are ringing. 

Timing really is everything

7 April 2016
Back in January this year I wrote about the keen price being paid for pharmacy businesses. A few months down the track and I have to say that the market continues to be strong. In that last article I stressed the importance of getting the debt and equity mix right and ensuring that cashflow was sufficient to enable all commitments to be met.

Exclusive interview with Retail Pharmacy magazine

30 March 2016
National Director of pharmacy services at RSM and long-time pharmacy business adviser, Peter Saccasan, speaks to Retail Pharmacy about cashflow, telling owners the real story about their pharmacy business performance.

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