Medici Capital Knowledge Base

Sort by:

Pharmacy Trends

Based upon historical economic trends, pharmacy operates with three known 'facts' of business life:

All pharmacies are different. There's no such thing as an average pharmacy. Most pharmacies have sales below the Guild average; Gross Margins are declining; and Pharmacy is increasingly reliant on prescriptions (and therefore less reliant on retail sales) as a revenue source.

The three key expenses for most pharmacies are cost of goods sold, salaries and rent. These expenses are generally linked to inflation. These three expenses often account for over 90% of the expenses of the business.

read more

Value & Price: Are They The Same?

What's the difference between value and price? Surely, the value is what someone is willing to pay for the business! Or is it? And, does the difference justify the investment or matter?

read more

Medici Express Indicative Valuations

Have you ever wanted to check the value of your pharmacy?
Now you can do it online!

Considering retirement, bringing in another business partner? Or are you looking for a partnership opportunity? Are you preparing legal documents that require business values? Or are you just curious about the value of your business? How can you obtain this?

Medici Capital's pharmacy valuations are a prime resource to pharmacists in identifying the value of a pharmacy. However, often such an in-depth analysis of the business is not required.

read more

Recent developments in the Pharmacy Finance Market

Recently ANZ bank communicated to the market a clear intention that they wish to lower the LVR (loan to value ratio) for pharmacy to 60%. ANZ will still consider higher levels for low risk clients or pharmacies.

This is a clear signal of the perceived pharmacy risks by banks as well as an indicator of the current financial markets climate.

I believe other lenders will follow suit. Is this an early warning sign of things to come?

Some of the signs I have noticed recently are as follows:

read more

About Ask An Expert

Ask An Expert is an online knowledge base for customers of Medici Capital. The system provides functionality for both financial institutions and health practitioners, providing news, articles, tools and resources.

About Ask An Expert

Request A Valuation

Nation-wide health practice valuations for over 10 banks and financial institutions.

Valuation Information

Medici Events

Pharmacy Ownership Ready Conference

This event is a Conference event for Pharmacists

Women's Pharmacy Golf Day

This event is a Discussion event for Pharmacists

Pharmacy Study Tour

This event is a Conference event for Pharmacists

Pharmacy Connect

This event is a Conference event for Pharmacists, pharmacy managers & students

Pharmacy Snow Business

This event is a Conference event for Pharmacists