MsRx, a specialty pharmacy located in Atlanta Georgia, was acquired by Encompass Rx, a division of CVS Health, a publicly traded diversified healthcare company. MsRx has a focus on serving patients with Multiple Sclerosis. The transaction enhances the existing CVS pharmacy business in Georgia and surrounding states.
Care Resource, a local provider of skilled home health nursing in Rhode Island and Southern Massachusetts, was acquired by Encompass Health, a publicly traded company focused on inpatient and home-based care that helps patients achieve life-changing results. The transaction expands Encompass Health's home health footprint into Rhode Island and will enhance its existing Massachusetts operations.
Two mega healthcare and pharmacy deals are in the works, which shows that bigger companies continue to get bigger. The CVS-Aetna merger and the Cigna-Express Scripts merger further consolidate the market, a trend Reg Blackburn notes has been happening for a long time. He explains more in an interview with Drug Topics. “I think it’s part
Home I.V. Specialists, Inc., the largest independent provider of home infusion pharmacy in Arkansas, was acquired by Option Care Enterprises, Inc. Option Care is headquartered in Illinois and is the largest independent...
Based in Ohio, SimplicityRX, LLC was recently acquired. The URAC and ACHC accredited pharmacy provides services in eight additional states. SimplicityRx primarily treated Hepatitis C along with Crohn’s Disease, Rheumatoid Arthritis, and Cardiovascular conditions. The Braff Group provided exclusive merger and acquisition advisory services to SimplictyRX. Completed Transactions For more details, please contact Pharmacy Services Managing
Although mergers and acquisitions have slowed down in the home infusion market, it's good news for owners. Valuations in the sector are strong because of a shortage in inventory. Managing Director Reg Blackburn gave insight to HME News. “There are fewer new startups, and the other guys have been consolidating. It’s definitely a supply and
