<body><div><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=28YBil_16VjfT1300" alt="https://img.particlenews.com/image.php?url=28YBil_16VjfT1300" width="1200" height="600" ><p>ARDMORE, Okla. (KXII) - T&amp;M Pharmacy closed its doors permanently after 67 years of serving the Ardmore community.</p><p>The family-owned pharmacy, which opened in 1958, has been a fixture in the community for generations, building relationships with neighbors and loyal customers.</p><p>Owner Greg Trent said insurance reimbursement rates have made it impossible for local pharmacies to remain sustainable.</p><p>“Pharmacy reimbursement is so bad right now from insurance companies that local pharmacies are largely non-sustainable in the current market,” Trent said.</p><h2>Financial challenges force closure</h2><p>Trent said 85% of his business comes through insurance, making the pharmacy vulnerable to reimbursement cuts.</p><p>“Last year we’d be filling around 90,000 prescriptions and for the first 8 months of this year, our reimbursement was below cost,” he said.</p><p>The pharmacy’s history dates back 67 years when Trent’s father worked at Harris Drug Shop across the street. After three years, he decided to become an owner and partnered with Bill Michael to open their own drug store.</p><h2>Community impact</h2><p>The closure affects both customers and employees who considered the pharmacy family.</p><p>Customer Ed Skidmore said the personal touch set T&amp;M apart from other pharmacies.</p><p>“When you walked in here, they cared about you, they always ask about the kids, how everybody was doing,” Skidmore said.</p><p>Employee Naomi Roberts expressed gratitude for being part of the pharmacy’s legacy.</p><p>“I am so honored and so blessed to be a part of this legacy,” Roberts said.</p><h2>Owner’s retirement plans</h2><p>With the pharmacy closed, Trent plans to travel after being tied to the business for decades.</p><p>“I want to travel. I’ve been pretty well held captive by this place. Caribbean, I’ve done some of that and I want to do more and probably Europe,” he said.</p></div></body>

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ARDMORE, Okla. (KXII) - T&M Pharmacy closed its doors permanently after 67 years of serving the Ardmore community. The family-owned pharmacy, which opened in 1958, has been a fixture in the community for generations, building relationships with neighbors and loyal customers. Owner Greg Trent said insurance reimbursement rates have made...

T&M Pharmacy closes after 67 years serving Ardmore

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ARDMORE, Okla. (KXII) - T&M Pharmacy closed its doors permanently after 67 years of serving the Ardmore community. The family-owned pharmacy, which opened 

T&M Pharmacy closes after 67 years serving Ardmore

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