May 14, 2024,
Neighbourly Pharmacy, named one of Canada’s Best Managed Companies for the 4th year in a row – Gold Standard
Toronto, ON, May 14, 2024, Neighbourly Pharmacy Canada’s largest and fastest growing network of independent pharmacies, was once again recognized for its industry-leading performance, its global business practices, and its sustained growth by receiving a 2024 Canada’s Best Managed Companies award. This is the fourth consecutive year of Neighbourly retaining the Best Managed designation, elevated to Gold Standard.
Celebrating over 30 years, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance, and financial performance.
“We are honored to be once again recognized as one of Canada’s Best Managed Companies, this year as a Gold Standard company, a designation that reflects our ongoing commitment to providing health care across our nationwide network of patient-focused pharmacies,” said Skip Bourdo, Neighbourly’s Chief Executive Officer. “Providing our patients and customers with the best possible care and service has been, and remains, our priority. I could not be prouder of our pharmacy teams’ work and Neighbourly’s exceptional culture.”
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
At Neighbourly, we prioritize Kindness in Every Community we serve. Our core values revolve around delivering exceptional patient care. We understand that healthcare and pharmacy is not just about prescriptions and services; it’s about compassion and support. We strive to create a positive impact by actively engaging with and supporting local communities, ensuring that our patients feel valued and cared for beyond their medical needs. Kindness is at the heart of everything we do, making a difference in the lives of individuals and families across our diverse communities.
The 2024 cohort of Best Managed companies share common themes such as having a people centric culture, targeting effective ESG strategies, and accelerating operational digitization.
For over 30 years, the Best Managed program recognizes companies who see challenges as checkpoints and obstacles as opportunities,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners, including Neighbourly Pharmacy have combined strategic expertise and a culture of innovation to not only drive impactful business outcomes, but serve their communities as well. They should be extremely proud of this designation and use it as a catalyst to continue the work they do every day.”
About Neighbourly Pharmacy https://neighbourlypharmacy.ca/
Neighbourly is Canada’s largest and fastest growing network of community pharmacies. United by their patient first focus and their role as essential and trusted healthcare hubs within their communities, Neighbourly Pharmacy strives to provide accessible healthcare with a personal touch. Since 2015, Neighbourly has expanded its diversified national footprint to include 295 locations, reinforcing the Company’s reputation as the industry’s acquirer of choice.
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels:
1) Canada’s Best Managed Companies new winner, one of the new winners selected each year.
2) Canada’s Best Managed Companies winner, award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review.
3) Gold Standard winner, after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years.
4) Platinum Club members, winners that have maintained their Best Managed status for seven years or more. Program sponsors are Deloitte Private, CIBC, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.