Changing Pharmacy Ownership

This article explains the steps when selling your pharmacy and provides details for five different ownership change scenarios for buying a pharmacy that uses Fred Software.

Below are links to assist you when selling your pharmacy.

Task Documentation and Links
Reconcile Owing Scripts Dispense and Reconcile Owing Prescriptions

Owing Mark Off with eRx

Reconcile Held Scripts Reclaim a script on Hold
Download PBS Online Reports PBS Claim Reports

Reconcile a PBS Online Claim

Do you have Fred Office? Fred Office: Change of Pharmacy Ownership
Notify Fred Accounts

Either email accounts@fred.com.au, call 1800 888 828 or use our Contact Us Form

In all scenarios Fred requires a completed Update Pharmacy Details form. This will facilitate Fred scheduling of recourses to assist you with the Change of Approval Number and Configuration of the Fred Software.

The below expandable heading outlines what you will need to do for these common Change of Ownership Scenarios.

  Required? Steps
New Approval Number Yes Department of Health and Aged Care - New or Relocating Pharmacy
New ABN Yes Complete the Notification of Australian Business Number and reference identification for tax treatment purposes and recipient created tax invoice agreement form (HW055) 
New HPI-O Yes Register as a health care provider organisation (HPI-O ) change ownership for a seed organisation
New NASH Certificate Yes Apply for National Authentication Service for Health (NASH ).
New B2B Device Yes Managing B2B Devices
New My Health Record Registration Yes Implementing My Health Record in your healthcare organisation
New Provider Participation Agreement Yes Visit Digital Health for Healthcare Providers here: Sign participation agreement
Re-register with eRx Yes

Go to the www.erx.com.au website.

  1. Click Register Now.

  2. Click We are a Pharmacy.

  3. Select the option This is a re-registration because the pharmacy has already been using eRx and has changed to a new approval number.

  4. Complete the form with the required information.
Complete the Update Pharmacy Details form and to schedule Fred to Complete the Change of Ownership Yes Complete the following form:

Request to Update Pharmacy Details

New to Fred?   Get Started with Dispensing

Request for Training

  Required? Steps
New Approval Number Yes Department of Health and Aged Care - New or Relocating Pharmacy
New ABN Yes Complete the Notification of Australian Business Number and reference identification for tax treatment purposes and recipient created tax invoice agreement form (HW055) 
New HPI-O Yes Register as a health care provider organisation (HPI-O ) change ownership for a seed organisation
New NASH Certificate Yes Apply for National Authentication Service for Health (NASH ).
New B2B Device Yes Managing B2B Devices
New My Health Record Registration Yes Implementing My Health Record in your healthcare organisation
New Provider Participation Agreement Yes Visit Digital Health for Healthcare Providers here: Sign participation agreement
Re-register with eRx Yes

Go to the www.erx.com.au website.

  1. Click Register Now.

  2. Click We are a Pharmacy.

  3. Select the option This is a re-registration because the pharmacy has already been using eRx and has changed to a new approval number.

  4. Complete the form with the required information.
Complete the Update Pharmacy Details form and to schedule Fred to Complete the Change of Ownership Yes Complete the following form:

Request to Update Pharmacy Details

  Required? Steps
New Approval Number Yes Department of Health and Aged Care - New or Relocating Pharmacy
New ABN No  
New HPI-O No  
New NASH Certificate No  
New B2B Device No  
New My Health Record Registration No   
New Provider Participation Agreement No  
Re-register with eRx Yes

Go to the www.erx.com.au website.

  1. Click Register Now.

  2. Click We are a Pharmacy.

  3. Select the option This is a re-registration because the pharmacy has already been using eRx and has changed to a new approval number.

  4. Complete the form with the required information.
Complete the Update Pharmacy Details form and to schedule Fred to Complete the Change of Ownership Yes Complete the following form:

Request to Update Pharmacy Details

  Required? Steps
New Approval Number Yes Department of Health and Aged Care - New or Relocating Pharmacy
New ABN No   
New HPI-O No   
New NASH Certificate No   
New B2B Device No   
New My Health Record Registration No   
New Provider Participation Agreement No   
Re-register with eRx Yes

Go to the www.erx.com.au website.

  1. Click Register Now.

  2. Click We are a Pharmacy.

  3. Select the option This is a re-registration because the pharmacy has already been using eRx and has changed to a new approval number.

  4. Complete the form with the required information.
Complete the Update Pharmacy Details form and to schedule Fred to Complete the Change of Ownership Yes Complete the following form:

Request to Update Pharmacy Details

  Required? Steps
New Approval Number Yes Department of Health and Aged Care - New or Relocating Pharmacy
New ABN Yes Complete the Notification of Australian Business Number and reference identification for tax treatment purposes and recipient created tax invoice agreement form (HW055) 
New HPI-O Yes Register as a health care provider organisation (HPI-O ) change ownership for a seed organisation
New NASH Certificate Yes Apply for National Authentication Service for Health (NASH ).
New B2B Device Yes Managing B2B Devices
New My Health Record Registration Yes Implementing My Health Record in your healthcare organisation
New Provider Participation Agreement Yes Visit Digital Health for Healthcare Providers here: Sign participation agreement
Re-register with eRx Yes

Go to the www.erx.com.au website.

  1. Click Register Now.

  2. Click We are a Pharmacy.

  3. Select the option This is a re-registration because the pharmacy has already been using eRx and has changed to a new approval number.

  4. Complete the form with the required information.
Complete the Update Pharmacy Details form and to schedule Fred to Complete the Change of Ownership Yes Complete the following form:

Request to Update Pharmacy Details

New to Fred?   Get Started with Dispensing

Request for Training

Get in touch with us using our Contact Us Form or Call 1800 888 282.