Malouf Pharmacies joins Ramsay
Pharmacy franchise network
One of Australia’s leading pharmacy brands –
Malouf Pharmacies – has been added to the Ramsay
Pharmacy Franchise Network with the deal finalised
in early December.
Malouf’s is the largest privately owned pharmacy group in
Queensland, employing more than 450 staff.
The Ramsay Pharmacy Franchise Network is expanding
and now has circa 55 retail pharmacies around the country.
These pharmacies are providing a base for the provision of
medication management and other integrated care services
to patients of Ramsay, beyond the hospital walls.
Both Ramsay and Malouf have a long history of providing
quality healthcare services to Australians, commencing in
business over 50 years ago. Malouf pharmacies commenced
with their first pharmacy under founder Richard Malouf, in
Queensland in 1962 and Ramsay Health Care commenced
operating hospitals under founder Paul Ramsay in 1964.
The strategic fit of the organisations and the proximity of
the Malouf pharmacies to Ramsay’s Queensland hospitals,
was critical to the finalisation of the deal and has ensured a
smooth transition for all stakeholders.
Greenslopes Pharmacy awarded residency program
4 The Ramsay Way 2018 01
Malouf founding partner, Richard Malouf said: “We are
delighted to see the Malouf Pharmacies come into the
Ramsay Pharmacy Franchise Network. Ramsay Health Care
is a great organisation with a similar vision and culture to
our organisation as well as the commitment to delivering
excellent healthcare services. We are confident that our
pharmacies will be in good hands for the long term and that
the health of our customers will come first”.
Ramsay Health Care Chairman, Michael Siddle said: “Paul
Ramsay was a friend to Richard Malouf and would be
very pleased with this deal. Ramsay Health Care and its
franchisees will maintain the excellent service and culture
that has made Malouf Pharmacies one of the most reputable
pharmacy brands in Queensland for over 50 years”.
Ramsay Health Care has confirmed there will be no real
change to operations of the Malouf Pharmacies at this stage.
Ramsay, as franchisor, has committed to maintaining the
Malouf rewards loyalty program to the same great benefit of
customers and Malouf employees will have the opportunity
to continue working in the Malouf Pharmacies after the
transition takes effect.
Greenslopes Private Hospital Pharmacy Department
has now been awarded accreditation with The
Society of Hospital Pharmacists Australia (SHPA), the
professional body for hospital pharmacists, to the
only formalised and structured hospital pharmacy
residency program in Australia.
Pharmacy residency programs have existed in the United
States for over 50 years. However, The SHPA Residency
Program commenced in Australia at the beginning of 2017.
The Greenslopes Pharmacy Department is only the second
private hospital pharmacy in Australia to become accredited
and offer this program.
The program is a structured and accredited experiential
learning program for pharmacists, allowing them to
consolidate initial education and training and progress the
early career practitioner towards advanced practice. This
accreditation is a significant success and recognition of the
overall pharmacy service delivered by Ramsay Pharmacy
Services and specifically the pharmacy team at Greenslopes
Private Hospital.
Anousheh Page, Director of Pharmacy, will oversee
the delivery of this program and will shortly commence
advertising for the first resident position in 2018 at
Greenslopes.
Richard Malouf (front row centre) with his family
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