FGC Health Announces Succession Planning Program for Pharmacists

Healthcare innovator offers comprehensive plan to help pharmacy owners sell their businesses

WINNIPEG, Manitoba--(BUSINESS WIRE)--FGC Health, a national leader in consumer health services, industry-specific business tools, and provider of an industry-leading proprietary open-source platform, today unveiled its formal program to assist successful pharmacy owners in creating succession plans to sell their businesses and profit from their decades of hard work. Owners of pharmacies in the United States and Canada can work directly with the FGC team to develop succession plans to ensure that they receive full value and can successfully transition out on their own timetable.

“Pharmacists work for decades to build up businesses that are not only successful, but play a vital role in community health, and when they are ready to leave, they need to know that their pharmacies are in capable hands,” said Dalbir Bains, CEO of FGC Health. “Pharmacies are unique because they are as much a labor of love as they are a retail business. Mission is to help empower pharmacists to maximize their profit from the sale of their organizations while at the same time making sure that their legacy is preserved in their communities.”

The succession planning program includes a number of elements, ranging from properly valuing the business to finding potential acquirers to creating an orderly path to transition. “Pharmacists deserve to benefit not only from the financial value of their businesses, but also from the goodwill that they have spent many years cultivating,” say Trevor Paynter, EVP at FGC Health. “This has long been a pain point in the industry because most pharmacists are not experts at exiting when it comes time to wrap up their involvement in the companies that they own. We have the experience and track record to solve this critical problem and help pharmacists advocate for themselves from a position of strength.”

About FGC Health

FGC connects your health care business to FGC’s proprietary open-source platform. This connected platform enables health care professionals to practice at the top of their license along with providing a more connected and engaging experience for its patients. FGC owns, operates, and services independent pharmacies, medical clinics, home health care and ambulatory care services. Please visit www.fgchealth.com to learn more about the company and its software offerings.