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Hidden categories: CS1 maint: others Articles with short description Short description matches Wikidata All articles with unsourced statements Articles with unsourced statements from July Namespaces Article Talk. Views Read Edit View history. Omnicare, the nation's largest provider of pharmaceutical services in nursing homes, has locations in assisted living and long-term care facilities in 47 states in the U.
Shares of CVS, which operates the pharmacy chain, walk-in clinics and a pharmacy benefits manager unit, rose 2. The deal, which has been approved by the boards of both companies, is expected to close "near the end of ," CVS said. With Baby Boomers aging, the long-term care industry is estimated to grow rapidly in the coming years. By , one-fifth of the total U. And nearly all nursing homes and residential care communities offer on-site pharmaceutical services.
In the first quarter, Omnicare's sales rose 5.
WebWOONSOCKET, R.I. and CINCINNATI — CVS Health announced on Thursday that it has entered an agreement to acquire Omnicare, a provider of pharmacy services to long . WebOmnicare is an American company working in the health care industry. It was established in April as a spinoff of healthcare businesses from Chemed and W. R. Grace and . WebNov 2, · CVS Health President and CEO Karen Lynch. Woonsocket, RI-based CVS Health plans to sell its long-term care pharmacy business, Cincinnati-based Omnicare, reporting a $ billion loss related to it in the third quarter, the company announced .