Independent Rx

What Independent Rx does

Independent Rx (legal name Independent Rx Pharmacy Services) is a Centerville, Ohio-based private consulting and accounting firm founded in 2016 by Owen BonDurant and Tim Clark, serving independent pharmacy owners across the United States. The firm operates three integrated service lines spanning the full pharmacy ownership lifecycle: (1) Start/Buy advisory for entrepreneurs acquiring or launching independent pharmacies, (2) Pharmacy Accounting and Data Services, which bundles pharmacy-specific accounting, tax preparation and planning, payroll, CFO guidance, and bookkeeping with the IRx Performance Dashboard, and (3) Sell Your Pharmacy advisory, valuation, and brokerage, complemented by a pharmacy listings marketplace spanning 15+ states. The firm also runs an educational webinar series and learning center targeting the independent pharmacy owner segment.

The core technology asset is the IRx Performance Dashboard, a pharmacy-specific business intelligence platform that consolidates dispensing data from major pharmacy management systems (Pioneer Rx, Liberty, Rx30, Enterprise/McKesson) with financial and payroll data into five consolidated views (Overview, Key Info, Payroll, Products & Payers, Financial Statement Library) tracking 50+ KPIs. Revenue is generated through monthly subscriptions (standalone dashboard or bundled with full accounting services), transactional advisory fees for M&A engagements, and valuation services, with multi-store discounts and IPC partner rates available. Distribution is direct-to-buyer, with lead capture via the website, Calendly-scheduled discovery calls, and a multi-channel content and webinar program supported by partnerships with Live Oak Bank, First Financial Bank, Independent Pharmacy Cooperative, and NCPA.

The team of approximately 12 named professionals (11–50 employees firm-wide) includes former independent pharmacy operators with 100+ years of combined experience having owned and operated over 30 pharmacies across retail, compounding, and long-term care, plus Big 4-trained accountants and pharmacy operations specialists. The firm has participated in 100+ pharmacy transactions and 200+ start/acquisition engagements historically, providing practitioner credibility that generalist CPA or M&A advisory firms cannot replicate.

Name

Independent Rx

Legal name

Independent Rx Pharmacy Services

Website

https://independentrxconsulting.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Independent Rx is a US consulting and accounting firm that helps independent pharmacy owners start, buy, operate, and sell their pharmacies, bundling pharmacy-specific accounting, tax, payroll, and a KPI data dashboard with M&A advisory and valuation services.

Ownership category

akta.pro rank

Product category

Pharmacy Consulting and Accounting Services

NAICS

Custom Computer Programming Services (541511), Pharmacies and Drug Retailers (45611)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Retail & Community Pharmacies (Chain/Independent) (HLAFALAA)

Keywords

• Pharmacy consulting services
• Pharmacy accounting services
• Pharmacy performance dashboard
• Pharmacy brokerage services
• Pharmacy business advisory

Headquarters

HQ city

Chesterville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Pharmacy Consulting Services: Comprehensive consulting for independent pharmacy owners covering start/buy, operations management, and sell phases of pharmacy ownership lifecycle
2. Pharmacy Accounting Services: Monthly financial package, tax preparation and planning, payroll services, CFO guidance, and bookkeeping for independent pharmacies
3. Data Dashboard Subscriptions: Performance Dashboard available standalone or bundled with accounting services; includes multi-store discounted pricing

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Independent Rx provides consulting, accounting, and brokerage services to independent pharmacy owners across the full ownership lifecycle—starting/buying, operating, and selling pharmacies. The core offering combines advisory services (start/buy, sell, valuation, management consulting) with a bundled pharmacy accounting service (monthly financials, tax, payroll, CFO guidance, bookkeeping) integrated with a proprietary IRx Performance Dashboard that consolidates pharmacy dispensing, financial, and payroll data into five analytics dashboards.

Product overview

Independent Rx offers a unified consulting platform for independent pharmacy entrepreneurs spanning the complete pharmacy ownership lifecycle. The core offering combines the IRx Performance Dashboard (pharmacy system data analytics) with Pharmacy Accounting Services Bundle (accounting, taxes, payroll, CFO guidance, and bookkeeping), integrated through five consolidated data dashboards. This is complemented by Start/Buy and Sell Pharmacy advisory services, pharmacy valuation, and educational resources including webinars and a learning center. The company leverages direct experience from owning and operating over 30 pharmacies.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 50+ KPIs and data points tracked in dashboards
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Independent Pharmacy Cooperative (IPC)coreChannel Partner/ Reseller/ Distributor · 4 May 2022IPC partnership includes special member rates for IRx Performance Dashboard, joint webinars at IPC Annual Conference, and collaborative content for independent pharmacy owners.
• NCPA (National Community Pharmacists Association)minorGTM or Marketing PartnerDisplayed as organizational partner with NCPA logo on website footer, indicating affiliation with the national independent pharmacy trade association.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• PioneerRx: PioneerRx is a pharmacy management system vendor whose software Independent Rx integrates with. It is a partial competitor on analytics and could expand into advisory-adjacent services for its installed base.
• CPESN USA: CPESN USA is a clinically integrated network of independent pharmacies that offers performance benchmarking, payer contracting, and operational enablement. It overlaps with parts of Independent Rx's dashboard and consulting value proposition.

Direct peers

• RxOwnership: RxOwnership is a pharmacy listings marketplace and brokerage service connecting buyers and sellers of independent pharmacies. It overlaps directly with Independent Rx's pharmacy listings platform and sell-side advisory service.
• Creative Pharmacist: Creative Pharmacist delivers consulting, clinical program development, and adherence-focused services to independent pharmacies. It competes for the same independent pharmacy decision-maker on operational and clinical enablement services.
• Pharmacy Development Services (PDS): PDS provides business consulting, coaching, and operational support to independent pharmacy owners across the ownership lifecycle. It is the most directly comparable peer to Independent Rx's consulting and education offering for independent owners.
• Healthcare Consultants of America / HCPR: HCPR provides pharmacy-specific accounting, valuation, and consulting services to independent pharmacy owners. It directly competes with Independent Rx on accounting and ownership advisory work.

Others

• Live Oak Bank: Live Oak Bank is a core financial partner of Independent Rx specializing in SBA and pharmacy acquisition lending. It is comparable as a pharmacy-focused financial services ecosystem participant rather than as a direct competitor.
• Independent Pharmacy Cooperative (IPC): IPC is a purchasing cooperative and channel partner offering IRx special member rates. It is adjacent rather than competitive, but provides a distribution and credibility backbone for the consulting business.

Broad incumbents

• McKesson (Pharmacy Services & Consulting): McKesson is a major pharmaceutical distributor that bundles operational, financial, and technology services to pharmacy customers through its EnterpriseRx platform. It overlaps with Independent Rx as a broader incumbent offering pharmacy owners multiple services under one umbrella.
• Cardinal Health (Pharmacy Solutions): Cardinal Health provides distribution, software, and consulting services to independent pharmacies through its Retail Independent Customer business. It competes indirectly with Independent Rx via its scale and bundled offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/IRxConsulting
• YouTubeyoutube.com/c/IndependentRx
• Facebookfacebook.com/Independentrxconsulting
• LinkedInlinkedin.com/company/independent-rx-consulting
• Instagraminstagram.com/independentrxconsulting

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Independent Rx