Omnicare
Omnicare, Inc. is a healthcare services company based in Cincinnati, Ohio, specializing in pharmaceutical care management across the United States. It operates primarily through two segments: the Long-Term Care Group and the Specialty Care Group. The Long-Term Care Group provides pharmaceuticals and ancillary services to various healthcare settings, including skilled nursing and assisted living facilities. This segment also offers clinical evaluations, regulatory compliance assistance, and technology solutions for electronic prescription management and patient support. The Specialty Care Group focuses on commercialization services for the biopharmaceutical industry, catering to specialized drug needs in areas such as oncology and multiple sclerosis. Established in 1981, Omnicare is recognized for its expertise in geriatric care and its innovative technological capabilities, which enhance the quality of care provided to patients and support healthcare providers in meeting their pharmaceutical needs.
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2 past transactions
PharMerica
Acquisition in 2011
PharMerica Corporation is an institutional pharmacy services company that provides pharmacy management solutions tailored for healthcare facilities. It serves a diverse range of clients, including long-term care facilities, senior living communities, and agencies supporting individuals with intellectual and developmental disabilities. Operating over 170 institutional pharmacies across 48 states, PharMerica specializes in addressing the unique medication needs of various healthcare markets, such as hospice, behavioral health, and home infusion. By focusing on high-need and medically complex populations, the company aims to ensure that patients receive the necessary medications to maintain their health and well-being. In 2019, PharMerica merged with BrightSpring Health Services, enhancing its capabilities in home and community-based health and pharmacy services.
Advanced Care Scripts
Acquisition in 2008
Advanced Care Scripts, Inc. specializes in specialty pharmacy management services, focusing on patients undergoing biotech therapies. Founded in 2004 and based in Orlando, Florida, the company manages and dispenses specialty medications and oral oncology products while also offering Medicare reimbursement support. Its comprehensive patient care model includes adherence and clinical management programs, compliance management, patient education, and proactive side effect management to enhance patient outcomes. The company operates as a subsidiary of Omnicare Inc., providing cost-effective solutions for various classes of specialty medications.
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