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Omnicare is an American company working in the health-care industry. It was established in April 1981 as a spinoff of healthcare businesses from Chemed and W. R. Grace and Company. It is currently a pharmacy specializing in nursing homes. [1] In 2015, Omnicare was acquired by CVS Health. [2]
The company is the second largest in the institutional pharmacy services market, with revenues of $1.9 billion and a customer base of 330,000 "beds" in 41 U.S. states. In August 2011, pharmacy services provider Omnicare made a bid of $457 million for all outstanding shares of PharMerica.
On May 21, 2015, it was announced that CVS Health would acquire Omnicare, Inc. the leading provider of pharmacy services to long-term care facilities, for $98.00 per share in cash, for a total enterprise value of approximately $12.7 billion, which includes approximately $2.3 billion in debt. The transaction was expected to close near the end of ...
About 87% of workers at CVS Omnicare, a provider of pharmacy services to long-term care facilities, in Las Vegas voted on Thursday in favor of unionization. The vote comes months after some ...
The nursing home pharmacy manager, Omnicare, was a big part of that plan. By the summer of 2000, Johnson & Johnson would sign a new, more extensive deal with the company. One of the J&J executives on the account crowed in a memo about “Omnicare’s ability to persuade physicians to write Risperdal in the areas of Behavioral Disturbances ...
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