PharMerica is a

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company formed in January 2007 from the merger of Kindred Healthcare's pharmacy business with a subsidiary of

AmerisourceBergen Cencora, Inc., formerly known as AmerisourceBergen, is an American drug wholesale company and a contract research organization, that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. It is one of the largest pharmaceutica ...

. The company is headquartered in

Louisville, Kentucky Louisville is the List of cities in Kentucky, most populous city in the Commonwealth of Kentucky, sixth-most populous city in the Southeastern United States, Southeast, and the list of United States cities by population, 27th-most-populous city ...

, and operates a major customer support center in

Tampa, Florida Tampa ( ) is a city on the Gulf Coast of the United States, Gulf Coast of the U.S. state of Florida. Tampa's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and t ...

Overview

PharMerica's main clients are senior living communities, nursing facilities, public health organizations and post-acute care organizations. Its affiliates are Pharmacy Alternatives, PropacPayless, ChemRX, and CIPRx. The company is the second largest in the institutional

pharmacy Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing and monitoring medications, aiming to ensure the safe, effective, and affordable use of medication, medicines. It is a miscellaneous science as it ...

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. The

Federal Trade Commission The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) United States antitrust law, antitrust law and the promotion of consumer protection. It ...

sued Omnicare to block the deal on the basis that the FTC believed the acquisition would lead to higher drug prices. In February 2012, Omnicare allowed its offer to the shareholders of PharMerica to expire. In August 2017, CNBC reported that PharMerica was to be acquired by KKR, in a deal worth $1.4 billion, including debt.

Units

The company has several departments: * ValueMed *Long-Term Care *Amerita (specialty & home

infusion Infusion is the process of extracting chemical compounds or flavors from plant material in a solvent such as water, oil or alcohol, by allowing the material to remain suspended in the solvent over time (a process often called steeping). An inf ...

) *Onco360 (

oncology Oncology is a branch of medicine that deals with the study, treatment, diagnosis, and prevention of cancer. A medical professional who practices oncology is an ''oncologist''. The name's Etymology, etymological origin is the Greek word ὄγ ...

pharmacy) * OnePoint Patient Care (

hospice Hospice care is a type of health care that focuses on the palliation of a terminally ill patient's pain and symptoms and attending to their emotional and spiritual needs at the end of life. Hospice care prioritizes comfort and quality of life b ...

pharmacy)

Corporate Affairs

PharMerica Notifies Individuals of Privacy Incident - On March 14, 2023, PharMerica and its parent company, BrightSpring Health Services, Inc., learned of suspicious activity on their computer network. Upon discovering the incident, PharMerica promptly began an internal investigation and engaged cybersecurity experts to investigate and secure its computer systems The data breach affected approximately 6 million people and included names, DOBs, and SSNs.

References

External links

PharMerica website
Pharmacies of the United States Companies based in Louisville, Kentucky Companies formerly listed on the New York Stock Exchange Retail companies established in 2007 American companies established in 2007 2007 establishments in Kentucky Health care companies based in Kentucky 2017 mergers and acquisitions Kohlberg Kravis Roberts companies {{med-company-stub