Precision Pharmacy
Precision Pharmacy is a privately held, founder-owned family of three retail pharmacies in Nassau County, NY, offering prescriptions, specialty compounding, OTC medications, home health equipment, and delivery to local residents.
- Company typePrivate
- Founded1997
- HeadquartersBellmore, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Precision Pharmacy does
Precision Pharmacy, Inc. is a privately held, founder-owned family of retail pharmacies operating three physical locations in Nassau County, New York (Bellmore opened 2009, Long Beach opened 2014, and Great Neck). The company fills prescriptions, performs specialty compounding, dispenses over-the-counter medications, and sells or rents home health equipment such as wheelchairs and hospital beds, supplemented by free local delivery and an online refill portal. Revenue is generated through transaction-fee prescription dispensing, OTC and retail product sales, professional compounding services, and hardware sales of home medical equipment.
The business is organized around a core retail pharmacy brand and three wholly owned extensions: Specialty Compounding (custom formulations including ketamine preparations for pain and treatment-resistant depression), ProScripts (a 2020 division producing proprietary blends tailored to professional athletes), and Precision LTC (long-term care pharmaceutical services). Technology is limited to standard pharmacy management systems for prescription processing, dispensing, and inventory; no proprietary technology, AI/ML capabilities, APIs, or mobile applications are in use, and the company holds no patents. HIPAA-compliant information handling is the only formal certification noted.
Precision Pharmacy serves local residents in Nassau County, with a secondary niche of professional athletes served through ProScripts. The company is owned by Richard Longo, Frank Stella, and John Stella, with no institutional investors, private equity backing, or parent company disclosed, and revenue figures are not publicly reported. Distribution is omnichannel at a small scale: physical storefronts for walk-ins, an online refill system, and free local delivery to patrons unable to visit in person.
Precision Pharmacy firmographics
Firmographics- Name
- Precision Pharmacy
- Legal name
- Precision Pharmacy, Inc.
- Website
- https://precisionpharmacy.net
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Precision Pharmacy is a privately held, founder-owned family of three retail pharmacies in Nassau County, NY, offering prescriptions, specialty compounding, OTC medications, home health equipment, and delivery to local residents.
- Ownership category
- akta.pro rank
Precision Pharmacy industry classification
Industry- Product category
- Retail Pharmacy
- NAICS
- Pharmacies and Drug Retailers (45611)
- SIC
- Retail-Drug Stores And Proprietary Stores (5912)
- akta.pro primary industry
- Retail & Community Pharmacies (Chain/Independent) (HLAFALAA)
- akta.pro secondary industries
- Specialty Pharmacies (Complex/High-Cost Therapies) (HLAFALAC), Long-Term Care (LTC) & Skilled Nursing Facility Pharmacies (HLAFALAF), Health & Pharmacy Omnichannel (CRAFAEAK)
Keywords
Where Precision Pharmacy is headquartered
LocationHeadquarters
- HQ city
- Bellmore
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Precision Pharmacy business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Prescription Dispensing: Traditional pharmacy revenue from filling prescriptions for customers. Includes assistance with insurance authorizations.
- Over-the-Counter Products: Sales of OTC medications, personal care products, and retail merchandise from physical store locations.
- Compounding Services: Specialty compounding services for special conditions requiring custom medication formulations.
- Home Health Equipment: Sales and rental of home health equipment including wheelchairs and hospital beds.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Precision Pharmacy product offering
Product offeringCore offering
Precision Pharmacy operates a family of three full-service retail pharmacies in Nassau County, NY (Bellmore, Long Beach, Great Neck). It dispenses prescription medications, provides specialty compounding for custom formulations, sells over-the-counter medications and retail products, and offers home health equipment (wheelchairs, hospital beds, surgical supplies). Customers can also order refills online for delivery or in-store pickup.
Product overview
Precision Pharmacy operates as a unified multi-location pharmacy network offering a core set of retail pharmacy services. The main Precision Pharmacy brand provides full-service pharmacy operations including prescription filling (most within 15 minutes), specialty compounding, and a complete OTC inventory. The company extends its portfolio through ProScripts, a specialized division for professional athletes offering proprietary formulations. Online prescription refills serve as the primary digital service channel, while home health equipment (wheelchairs, hospital beds, surgical supplies) complements the retail offering. The pharmacy also retails third-party supplements like Bountiful Beets by Country Farms. All three locations (Bellmore, Long Beach, Great Neck) operate under the same brand umbrella with location-specific hours and services.
Differentiator
Problem solved
Functional benefit
Products and services
- Precision Pharmacy (Full Service Retail Pharmacy) Family of full-service retail pharmacies offering prescription dispensing (most filled within 15 minutes), specialty compounding, OTC medications, and a complete line of retail products across three locations in Nassau County, NY (Bellmore, Long Beach, Great Neck). Includes assistance with doctors and insurance authorizations, pharmacist accessibility for instruction, and free local delivery.
- ProScripts A division of Precision Pharmacy that develops proprietary formulas, compounds, and retail medications specifically tailored to professional athletes, providing customized blends for sports injuries, performance, and daily wellness needs.
- Specialty Compounding Services Custom medication compounding services for special conditions requiring personalized formulations, including specialized dosage forms such as ketamine preparations for pain management and treatment-resistant depression.
- Online Prescription Refills Online refill system allowing customers to order prescription refills via the Precision Pharmacy website, with options for delivery or in-store pickup, integrated with HIPAA-compliant security practices.
- Home Health Equipment Home health equipment including wheelchairs, hospital beds, surgical supplies, and home medical products available at pharmacy locations, with rental options for select items.
Companies that use Precision Pharmacy
Customer profileSegments2 records
Ideal customer profiles2 records
Precision Pharmacy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Precision Pharmacy partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- ProScripts (Division of Precision Pharmacy)coreProScripts is a division of Precision Pharmacy that develops different formulas, compounds and retail medications specifically tailored to professional athletes. Their proprietary blends assist with sports injuries and daily lives of athletes.
- PrecisionLTCminorLong Term Care pharmacy services partner mentioned as a quick link on the Precision Pharmacy website, serving residents requiring long-term care pharmaceutical services.
- Bountiful Beets by Country FarmsminorPrecision Pharmacy offers Bountiful Beets dietary supplement by Country Farms - a nitrate-rich beet extract product for sale at their pharmacy locations.
Scale indicators3 records
Recent moves9 records
Expansion highlights5 records
Precision Pharmacy competitors and assessment
Company assessmentBroad incumbents
- CVS Health: National retail pharmacy chain and PBM that dominates the Long Island/Nassau County market where Precision operates. Competes directly on prescription dispensing, OTC products, and increasingly on home health equipment, but at vastly greater scale and with integrated insurance and clinic services.
- Rite Aid: Major retail pharmacy chain with locations across the New York metro area. Overlaps with Precision on prescription dispensing, OTC retail, and home health products; represents the same competitive threat as CVS and Walgreens for foot traffic and refill volume.
- Walgreens Boots Alliance: One of the largest U.S. retail pharmacy chains with extensive Nassau County presence. Directly competes on prescription filling, OTC retail, and consumer health products, though it lacks Precision's compounding depth and personal-service positioning.
Others
- GoodRx: Consumer-facing prescription discount and telehealth platform that affects how independent pharmacies like Precision attract and retain price-sensitive cash-pay customers. Not a direct competitor for dispensing, but reshapes patient expectations on transparency and pricing.
- Health Mart (McKesson franchise): McKesson-owned franchise network of independent pharmacies. Comparable to Precision as an independent pharmacy operator; provides branding, purchasing, and back-office support that Precision does not currently access, making it a relevant alternative operating model.
Emerging players
- Alto Pharmacy: Tech-enabled pharmacy platform with free same-day delivery and a mobile-first patient experience. Competes for the same Nassau County refill demand that Precision relies on, particularly among younger and chronic-care patients who prefer app-based ordering.
- Capsule Pharmacy: Digital-first NYC-based pharmacy offering same-day delivery and a streamlined app-based refill experience. Represents the disruptive threat to local independents like Precision by capturing refill volume from digitally native customers in the same geography.
Direct peers
- Avella Specialty Pharmacy: Specialty and compounding pharmacy focused on complex therapies and custom formulations. Directly comparable to Precision's Specialty Compounding and ProScripts divisions in serving patients with non-standard medication needs that chains cannot address.
- Pharmascript: Long-term care pharmacy provider serving skilled nursing and assisted living facilities. Closest comparable to PrecisionLTC, the LTC subsidiary within Precision, in business model and customer base.
Regional players
- Kinney Drugs: New York-based employee-owned pharmacy chain serving upstate and parts of downstate NY. Closest regional analog to Precision: a multi-location independent-style chain offering prescriptions, compounding, and home health supplies with a personal-service positioning similar to Precision's value proposition.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Precision Pharmacy social profiles
Digital presencePrecision Pharmacy compliance and trust
Trust signalCompliance1 record
Precision Pharmacy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precision Pharmacy leadership team
Management profileNumber of profiles
Profiles6 records
Precision Pharmacy subsidiaries and ownership
Company hierarchySubsidiaries3 records
Precision Pharmacy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precision Pharmacy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precision Pharmacy
What does Precision Pharmacy do?
Precision Pharmacy operates a family of three full-service retail pharmacies in Nassau County, NY (Bellmore, Long Beach, Great Neck). It dispenses prescription medications, provides specialty compounding for custom formulations, sells over-the-counter medications and retail products, and offers home health equipment (wheelchairs, hospital beds, surgical supplies). Customers can also order refills online for delivery or in-store pickup.
Is Precision Pharmacy a public or private company?
Precision Pharmacy is a private company. It is classified as family owned and is currently operating.
When was Precision Pharmacy founded?
Precision Pharmacy was founded in 1997. It employs 1 to 10 people.
Where is Precision Pharmacy based?
Precision Pharmacy is headquartered in Bellmore, United States, in the North America region.
How does Precision Pharmacy make money?
Four revenue lines are on record. Prescription Dispensing is the primary driver. The others are over-the-Counter Products, compounding Services and home Health Equipment.
Who are Precision Pharmacy's main competitors?
Broad incumbents on record are CVS Health, Rite Aid and Walgreens Boots Alliance. Others are GoodRx and Health Mart (McKesson franchise). Emerging players are Alto Pharmacy and Capsule Pharmacy. Direct peers are Avella Specialty Pharmacy and Pharmascript. Kinney Drugs is listed as a regional player.
Does Precision Pharmacy have an API?
No public API is recorded for Precision Pharmacy.
What industry is Precision Pharmacy in?
Precision Pharmacy's product category is Retail Pharmacy. Its primary akta.pro industry code is HLAFALAA, Retail & Community Pharmacies (Chain/Independent), with a secondary code of HLAFALAC, Specialty Pharmacies (Complex/High-Cost Therapies). Its NAICS code is 45611 and its SIC code is 5912.