Tag Archives: Omnicare

What Will CVS Health Do With Omnicare?

CVS Health operating income decreased 5.8% primarily due to a $431 million goodwill impairment charge associated with the long-term care business in the three months ended September 30, 2021

Has CVS Health Reached the Tipping Point with Omnicare?

Omnicare, which serves more than one million patients per year, has been a drag on CVS Health’s financial results since its acquisition

It’s a New Year, But Omnicare Continues to Disappoint

Continuing weak margins due to staffing struggles, recent generic introductions, and decreasing reimbursements remain the leading drivers of the poor results

PharMerica Strengthen’s Position in Pacific Northwest

PharMerica has acquired PropacPayless, an independent senior living and long-term care pharmacy based in Vancouver, WA, from Moda Health. PropacPayless has more than 34,000 clients, primarily in the Northwest and West. With this new partnership, companies will build on PropacPayless’ customer relationships while using PharMerica’s scale, proximity and clinical programs to serve the senior living, […]

Does CVS Health Have the Right Strategy for Omnicare?

CVS Health executives, after poor fourth quarter and full year 2018 financial results as a result of its long-term care business, reaffirmed that the growth opportunity with Omnicare was always focused on the independent and assisted living spaces. CVS Health believes those opportunities still exist and are consistent with the company’s strategy of putting the […]

Omnicare Remains a Burden for CVS Health

Omnicare Remains a Burden for CVS Health