Pharmacy Busineses and Practitioners

The pharmacy industry operates within one of the most heavily regulated sectors of healthcare, facing unprecedented challenges from consolidation, PBM reform, regulatory compliance, and evolving reimbursement models. MDRXLaw provides sophisticated legal counsel to independent pharmacies, pharmacy chains, specialty pharmacies, and pharmacy practitioners navigating this complex landscape.

OUR EXPERIENCE

Comprehensive Legal Solutions for the Modern Pharmacy Industry

The pharmacy industry operates within one of the most heavily regulated sectors of healthcare, facing unprecedented challenges from consolidation, PBM reform, regulatory compliance, and evolving reimbursement models. MDRXLaw provides sophisticated legal counsel to independent pharmacies, pharmacy chains, specialty pharmacies, and pharmacy practitioners navigating this complex landscape.

Our Pharmacy Industry Expertise

Independent Retail Pharmacies

Independent pharmacies face unique challenges in today's consolidated healthcare environment. Our attorneys understand the competitive pressures from chain pharmacies, PBM practices, and changing reimbursement structures. We provide strategic counsel to help independent pharmacies thrive, including:

  • Business Formation and Structuring

    - Establishing optimal corporate structures for pharmacy ownership, including compliance with state ownership requirements and professional corporation regulations

  • Acquisition and Succession Planning

    - Facilitating pharmacy purchases, sales, and ownership transitions while ensuring regulatory compliance and maximizing value

  • PBM Contract Negotiation and Disputes

    - Advocating for fair contract terms and challenging unfair PBM practices, including DIR fees, clawbacks, and audit disputes

  • Regulatory Compliance Programs

    - Developing comprehensive compliance frameworks covering controlled substances, HIPAA, state pharmacy regulations, and federal requirements

Pharmacy Chains and Corporate Entities

Multi-location pharmacy operations require sophisticated legal strategies to manage complex regulatory, operational, and transactional challenges. Our services include:

  • Corporate Governance and Structure

    - Advising on optimal business structures for multi-state operations, franchise relationships, and investor arrangements

  • Mergers and Acquisitions

    - Managing complex pharmacy transactions, due diligence, regulatory approvals, and post-closing integration

  • Employment and Labor Matters

    - Addressing pharmacist licensing, employment agreements, non-compete provisions, and workplace compliance issues

  • Real Estate and Leasing

    - Negotiating pharmacy leases, purchase agreements, and zoning compliance for retail pharmacy locations

Specialty Pharmacies

The specialty pharmacy sector presents unique regulatory and operational challenges requiring specialized legal expertise. We counsel specialty pharmacies on:

  • Licensing and Accreditation

    - Obtaining and maintaining specialized pharmacy licenses, URAC accreditation, and payer credentialing

  • Compounding Compliance

    - Navigating FDA regulations for sterile and non-sterile compounding operations

  • Prior Authorization and Appeals

    - Developing efficient processes for specialty drug approvals and insurance appeals

  • Distribution and Supply Chain

    - Managing manufacturer relationships, exclusive distribution agreements, and supply chain compliance

Key Legal Areas for Pharmacy Clients

Pharmacy Benefit Manager (PBM) Relations

Our firm has extensive experience in PBM-related matters, including representation in disputes over:

  • Direct and Indirect Remuneration (DIR) fees and clawbacks

  • Audit challenges and MAC pricing disputes

  • Network participation and termination issues

  • Contract negotiation and terms optimization

Regulatory Compliance and Defense

We provide comprehensive regulatory counsel covering:

  • DEA controlled substance compliance and investigations

  • State board of pharmacy matters and disciplinary proceedings

  • HIPAA privacy and security compliance

  • Medicare and Medicaid billing and reimbursement compliance

  • FDA drug compounding and safety regulations

Healthcare Transactions and Corporate Matters

Our transactional expertise includes:

  • Pharmacy acquisitions, mergers, and divestitures

  • Joint ventures and strategic partnerships

  • Private equity and investment transactions

  • Corporate restructuring and dissolution

  • Real estate transactions and lease negotiations

Employment and Professional Licensing

We advise on employment-related matters specific to pharmacy operations:

  • Pharmacist employment and independent contractor agreements

  • Professional licensing and credentialing issues

  • Non-compete and restrictive covenant enforcement

  • Workplace safety and compliance training programs

Industry-Specific Challenges We Address

Consolidation and Market Pressures

The ongoing consolidation of the healthcare industry, including vertical integration of insurers, PBMs, and pharmacy chains, creates significant challenges for independent and specialty pharmacies. We help clients navigate:

  • Competitive response strategies to industry consolidation

  • Network adequacy and access issues

  • Fair dealing and anti-trust concerns

  • Strategic partnerships and affiliations

Evolving Reimbursement Models

Changes in pharmacy reimbursement, including value-based care models and alternative payment structures, require sophisticated legal and business planning. Our counsel includes:

  • Contract analysis and negotiation for new payment models

  • Quality measure compliance and reporting

  • Risk-sharing arrangement structuring

  • Performance-based contract terms

Technology and Data Management

Modern pharmacy operations increasingly rely on sophisticated technology platforms and data management systems. We provide guidance on:

  • Health information privacy and security

  • Electronic prescribing and clinical decision support systems

  • Data sharing agreements and business associate relationships

  • Cybersecurity compliance and breach response

Why Choose MDRXLaw for Pharmacy Legal Matters

Our deep understanding of the pharmacy industry, combined with our healthcare law expertise, positions us to provide practical, business-focused legal solutions. We understand that pharmacy businesses operate on thin margins while facing increasing regulatory complexity, and we structure our services to provide maximum value and efficiency.

Industry Knowledge: Our attorneys stay current with pharmacy industry trends, regulatory changes, and business challenges affecting pharmacy operations.

Practical Solutions: We provide legal counsel that aligns with business objectives and operational realities of pharmacy practice.

Regulatory Experience: Our team has extensive experience with federal and state agencies that regulate pharmacy operations.

Transaction Expertise: We handle complex pharmacy transactions with attention to regulatory requirements and business considerations.

Recent successes

INSIGHTS AND PUBLICATIONS

Connect with us:
contact
17 State Street, Suite 3230 New York, NY 10004

Phone: (212) 668-0200

Fax: (212) 668-0222

General email: info@mdrxlaw.com