Pharmacy Services

Trends in Specialty Pharmacy– As the direct connection between consumers and the rest of the pharmaceutical system, specialty pharmacies are playing an increasingly important role in the rapidly changing healthcare environment. Partnerships with private equity groups and strategic consolidators are two paths independent pharmacies have to compete with the industry giants and accelerate their growth trajectories.

Q1-2018 Pharmacy Services Update-The pharmacy services sector has witnessed considerable consolidation at the top of the market in recent quarters, and this continued in the beginning of 2018 with Cigna Corporation announcing the intended acquisition of Express Scripts.

Q4-2017 Pharmacy Services Update– The fourth quarter of 2017 was another active quarter for industry consolidators. Two private equity groups made platform investments while strategic entities continued to execute on growth strategies via acquisition.

Q3-2017 Pharmacy Services Update– Strategic buyers continued to consolidate the pharmacy services market, sustaining the rate they set in the first two quarters of 2017. Private equity investors were also active this quarter as they look to build pharmacy services platforms.

Q2-2017 Pharmacy Services Update– Strategic buyers picked up where they left off in the first quarter as they continue to utilize mergers and acquisitions to gain access to new markets and offer more comprehensive services.

Transaction Advisory – Acro Healthcare, LLC, DBA Acro Pharmaceutical Services (Acro), has been acquired by Lincare Holdings, LLC. Acro is a premier Pharmacy Care Management company with a specific focus on the distribution and clinical aspects of high cost pharmaceutical products.

Transaction Advisory – Water Street Healthcare Partners, a strategic private equity firm focused exclusively on healthcare, has made a majority investment in New Century Health. Founded in 2002, NCH is a specialty benefit management company that is focused primarily on oncology and cardiology.

Transaction Advisory – Omnicare, Inc. (NYSE:OCR), one of the nation’s leading providers of pharmaceutical care for the elderly, today announced the acquisition of specialty pharmaceutical services provider, Advanced Care Scripts, Inc.

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