Centric Health Corp.

Centric Health Corporation, now known as CareRx Corporation, provides specialty pharmacy services to seniors across Canada. The company operates a network of pharmacy fulfillment centers that deliver chronic medications and specialty clinical pharmacy services. As of August 2020, CareRx served approximately 50,000 residents in around 900 communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. Founded in 2001 and headquartered in Toronto, CareRx is dedicated to improving patient outcomes and addressing growing healthcare needs. The organization focuses on enhancing its core high-margin business units while seeking selective expansion opportunities to broaden its national presence in the healthcare sector.

Jack Shevel

Director and Chairman

3 past transactions

RemedysRx Specialty Pharmacy

Acquisition in 2020
Remedy'sRx Specialty Pharmacy is a pharmaceutical company that specializes in real customization and achieve superior customer service.

CareRx

Acquisition in 2016
CareRx is a Canadian provider of specialty pharmacy services focused on seniors and care facilities. It operates a network of pharmacy fulfilment centers delivering chronic and other specialty clinical pharmacy services to residents in long-term care homes, retirement homes, assisted living facilities, and related communities across the country. The company supports home nursing and offers medication management tools and education for care staff, including packaging technologies and electronic medication administration records to improve resident safety and efficiency. Headquartered in Toronto, CareRx traces its roots to Centric Health and rebranded in 2020. Its business centers on its owned and operated institutional pharmacy operations, serving a national network of care operators and partner facilities, with emphasis on timely delivery and coordinated medication management.

Motion

Acquisition in 2012
Motion (formerly Motion Specialties) - Canada's leading mobility and accessibility solutions provider - offers a wide variety of equipment including wheelchairs, scooters, walkers, bathroom safety items, stair lifts and home elevators to make life accessible
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.