Kubat HealthCare has acquired Ashland Pharmacy and plans to expand its services. “Kubat HealthCare’s growth initiative is to enter communities that have been under served by their health care options and provide customers additional services, such as respiratory, infusion, home medical equipment, compounding pharmacy and long-term health care alternatives previously not offered,” said Jim Rich, CEO of Kubat HealthCare. Staci Hubert acquired Ashland Pharmacy in 1994. The pharmacy will continue to offer a full-service pharmacy out of its current location in Ashland, Neb., with the same operating hours. Patients can still receive their vaccines, pick up their diabetic supplies and prescriptions, or shop in the retail section of the store. Earlier this year, Kubat HealthCare acquired Blake’s Pharmacy in Louisville, Neb.
The M&A market for healthcare companies continues to strengthen in 2021 and ahead of the projected increases in US capital gains taxes. There is unprecedented capital in market, the lowest interest rates in US history and strong acquirer motivations for high quality healthcare companies. Across the continuum of care, buyers and investors are looking for well established, profitable businesses and offering strong valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
800-719-1555
