Neighbor Care Pharmacy

What Neighbor Care Pharmacy does

Neighbor Care Pharmacy is an independent retail pharmacy founded in 2001, operating a single storefront at 2315 65th Street in Brooklyn, NY 11204. The company dispenses prescription medications and sells over-the-counter products, durable medical equipment, vitamins, supplements, baby products, specialty items (including fertility drugs, breast pumps, and pet medication), and household goods. Service offerings extend beyond core dispensing to include Medication Therapy Management (MTM), multi-dose packaging for seniors and polypharmacy patients, and a content-marketing blog publishing health and wellness explainers on topics such as GLP-1 drugs, cholesterol management, blood pressure, and yoga/meditation. The firm supports approximately 8 employees and emphasizes personal, neighborhood-style service.

The business model is transactional retail — revenue is generated per prescription fill and per OTC point-of-sale transaction, with insurance reimbursement as the primary payment pathway. The pharmacy accepts a broad payer network including Medicaid, multiple Medicaid MCOs (Fidelis Care, Healthplus, MetroPlus, AmeriChoice, Healthfirst), Medicare Part D plans (WellCare, Cigna, Aetna, Caremark, Humana), Medicare Advantage, major commercial plans (Express Scripts, CVS Caremark, OptumRx, Emblem Health, EPIC), OTC benefit cards (S3 Card, OTC Network, Nations Benefits), and FSA/HSA cards. Customer segments are primarily Brooklyn community residents and government-program patients (Medicaid/Medicare), with secondary segments of OTC benefit-card holders and FSA/HSA users. Distribution is direct-to-consumer via walk-in retail, phone, and SMS; no app or e-commerce channel exists.

The company operates as a private, independently-owned entity with no parent company, no subsidiaries, no disclosed funding rounds, and no institutional investors. There is no proprietary technology, no digital app, no disclosed third-party integrations beyond standard pharmacy and insurance processing, and no certifications or regulatory actions on file. Ownership structure is undisclosed, representing a data gap.

Name

Neighbor Care Pharmacy

Legal name

Neighbor Care Pharmacy

Website

https://neighborcarerx.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Independent Brooklyn, NY retail pharmacy dispensing prescriptions, OTC products, medical supplies, and specialty items. Founded in 2001, it serves local residents and Medicaid/Medicare patients with MTM and multi-dose packaging services.

Ownership category

akta.pro rank

Product category

Retail Pharmacy

NAICS

Pharmacies and Drug Retailers (456110)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

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

Keywords

• Retail pharmacy services
• Prescription dispensing
• Medication therapy management
• Medical supplies sales
• Specialty pharmacy products

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Prescription Dispensing: Dispensing prescription medications to patients with insurance coverage (Medicaid, Medicare, Medicare Advantage, and major commercial plans) and self-pay customers. Revenue generated per prescription transaction.
2. OTC Products and Medical Supplies: Sale of over-the-counter products including durable medical equipment, vitamins, supplements, baby products, health and beauty aids, fertility drugs, breast pumps, pet medication, school supplies, greeting cards, and household goods. Revenue from retail point-of-sale transactions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Neighbor Care Pharmacy operates a full-line retail pharmacy in Brooklyn, NY, dispensing prescription medications and selling over-the-counter health products, medical supplies, vitamins, supplements, and specialty items including fertility drugs and breast pumps. The pharmacy accepts Medicaid, Medicare, Medicare Advantage, OTC benefit cards, FSA/HSA accounts, and major commercial insurance plans, and offers supporting services such as Medication Therapy Management (MTM) and multi-dose packaging.

Product overview

Neighbor Care Pharmacy is a full-line retail pharmacy offering a unified set of products and services. The core offerings include prescription dispensing (Prescription Services), retail health products (Medical Supplies), and specialty items. Supporting services include Medication Therapy Management (MTM) for medication guidance and Multi-Dose Packaging for patient safety. The company also provides educational content through its Health Tips & Pharmacy Insights Blog. The pharmacy has served the Brooklyn community since 2001, accepting Medicaid, Medicare, major insurance plans, OTC benefit cards, and FSA/HSA payments.

Differentiator

Problem solved

Functional benefit

Products and services

• Prescription Services Dispensing of prescription medications with acceptance of all major insurance plans, fast prescription fills, and easy prescription transfers from any other pharmacy.
• Medical Supplies Sale of durable medical equipment, vitamins, supplements, baby products, and health and beauty aids at the retail storefront.
• Specialty Items Specialty retail products including fertility drugs, breast pumps, pet medication, school supplies, greeting cards, and household goods sold at the pharmacy.
• Medication Therapy Management (MTM) Pharmacist-led service that helps patients understand their medications, explains how drugs interact with other medications they are taking, and supports proper medication usage.
• Multi-Dose Packaging Packaging service that organizes a patient's medications by dose and time to improve medication safety and reduce dosing errors, particularly for seniors and patients on multiple prescriptions.

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Walgreens: Major national retail pharmacy chain competing directly for prescription and OTC business in Brooklyn neighborhoods. Overlaps with Neighbor Care on insurance billing, Medicaid/Medicare acceptance, and front-of-store health merchandise, but operates with broader store hours and a much larger distribution network.
• CVS Pharmacy: National retail pharmacy chain with extensive Brooklyn footprint and full insurance/MCO acceptance. Comparable because it dispenses prescriptions and sells OTC health products to the same Medicaid, Medicare, and commercially insured patient base, but at vastly greater scale and with expanded hours and digital tools.
• Rite Aid: Regional pharmacy chain competing in the broader New York metro for prescription volume and OTC retail. Comparable retail pharmacy model with similar insurance and OTC card acceptance, though operating at chain scale rather than independent neighborhood scope.

Direct peers

• Alto Pharmacy: Digital-first pharmacy with a strong presence in the New York metro offering same-day delivery, app-based refills, and clinical pharmacist support. Directly comparable core service (prescription dispensing) with a delivery and technology layer that competes for refill volume against independent storefronts.
• Medly Pharmacy: Brooklyn-based digital pharmacy offering same-day prescription delivery and pharmacist chat to local residents. Closest geographic and demographic peer to Neighbor Care, competing for the same Brooklyn patient base on convenience and personalized service.
• Capsule Pharmacy: NYC-based independent-style pharmacy offering prescription delivery and a digital-first experience to city residents. Direct competitor for prescription business in Brooklyn, with the same target customer (urban insured patients) but differentiated by same-day delivery and a tech-native platform.
• Health Mart: Network of independently owned community pharmacies with shared branding, purchasing, and operational support. Comparable as an independent community pharmacy model serving local patients with personalized care, though operating under a larger cooperative structure.

Emerging players

• Amazon Pharmacy: Online mail-order pharmacy from Amazon that accepts most major insurance plans and delivers prescriptions nationwide. An emerging disruptor competing for maintenance prescription volume that local community pharmacies have traditionally captured, with material pricing and convenience advantages.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/neighbor-care-pharmacy

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 Neighbor Care Pharmacy