One of the growing industries in the Other Services sector, specialty pharmacies are niche but important providers in the healthcare industry. These companies often handle complex prescription drugs unique to certain industries, such as long-term care or cancer treatment. Specialty pharmacies also assist in both the distribution and delivery of these products. HealthCareMandA.com is devoted to healthcare merger and acquisition data for the serious analyst and investor for 13 healthcare markets. Every day, this service alerts you to developments in all the key segments of the health care service and technology markets, including Hospitals, Physician Medical Groups, eHealth, Long-Term Care, and more. Our readers have access to exclusive digital content and breaking news and live webinars featuring members of our editorial staff and industry experts.
Centric Health Corporation (TSE: CHH) is on its way to becoming the largest specialty pharmacy company serving seniors in Canada, thanks to its recently announced acquisition of Remedy Holdings Inc. The price is approximately US$27.2 million. This is the second deal in March 2020 targeting special services for seniors. Early in the month, NaviHealth acquired Innovative […]
Guardian Pharmacy of Jacksonville, a locally owned member of Atlanta-based Guardian Pharmacy Services, has acquired the long-term care division of Atkinson’s Pharmacy, which offers compound and specialty pharmacy services for the long-term care industry, including an electronic medical records system for clients. Terms of the deal were not disclosed. Guardian Pharmacy Services is one of […]
In late May, specialty pharmacy company PharMerica Corporation announced its first acquisition since being acquired by KKR & Co. (NYSE: KKR), with a minority investment from Walgreens Boots Alliance (NASDAQ: WBA), in August 2017. The company priovides institutional and community-based pharmacy services in the United States. When KKR took it private for $1.3 billion, it had trailing-12 […]
The auction for Riordan, Lewis & Haden‘s portfolio company, Avella Specialty Pharmacy, was well under way back in February, according to industry sources. UnitedHealth Group‘s (NYSE: UNH) Optum was reported to be in the lead, and then things went dark. It wasn’t until UnitedHealth Group’s third quarter earnings report was published on October 16 that […]
There are many sides to personalized medicine, and genetic testing is just one. Another cropped up last week in an acquisition made by Restore Health, a privately held Wisconsin company that provides personalized medicines to health care providers across the United States. Its target was Diplomat Pharmacy’s (NYSE: DPLO) compounding pharmacy business, which includes preparation […]
