  We analyze transition potentials $(V(r) \stackrel{r\sim 0}{\rightarrow}
{\alpha r^{-2}})$ in non-relativistic quantum mechanics using the techniques of
supersymmetry. For the range $-1/4 < \alpha < 3/4$, the eigenvalue problem
becomes ill-defined (since it is not possible to choose a unique eigenfunction
based on square integrability and boundary conditions). It is shown that
supersymmetric quantum mechanics (SUSYQM) provides a natural prescription for a
unique determination of the spectrum. Interestingly, our SUSYQM based approach
picks out the same "less singular" wave functions as the conventional approach,
and thus provides a simple justification for the usual practice in the
literature. Two examples (the P\"oschl-Teller II potential and a two anyon
system on the plane) have been worked out for illustrative purposes.
