FORMING a powerful collaboration under the new national-operating entity Wizard Professional Services are three Western Australian-based companies, Wizard Pharmacy Services, Razor Group, Razor Technology and HealthPoint Digital (PD Fri Breaking News).
Wizard Pharmacy Services, the company behind the pharmacy brand Wizard Pharmacy, will unite with Razor Technology, an IT solutions provider, Razor Group, a specialist business services company empowering business owners to reach their financial and business operating goals, and HealthPoint Digital, a health solutions information provider.
By combining their respective strengths, Wizard Professional Services aims to create a comprehensive suite of offerings across areas such as IT solutions, bookkeeping, workforce management, business intelligence and a complete pharmacy franchise operating model.
Wizard Professional Services CEO Lyndon Dyson said as we are "looking for further cost efficiencies across the business units, we engaged EY's Strategy & Transactions division to assist in facilitating the vertical integration of the four business units which has enabled us to focus on a new Wizard Franchise fee structure that will be extremely competitive in the market".
COO Sally Parker added that the merger "will allow us to support franchise partners even deeper as we bring operational and financial data together quickly and effectively".
Commenting on Wizard's one-stop shop, GM Clinical Services Jeffrey Lam said, "this fully integrated end-to-end service for pharmacy assists in counteracting the 60DD effects".
The above article was sent to subscribers in Pharmacy Daily's issue from 03 Jul 23
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 03 Jul 23
