INSIGHT

Q1-2019 Pharmacy Services Update

The first quarter of 2019 was a change of pace in consolidation activity within the pharmacy services space. In the latter half of 2018, a wave of vertical deals involving Aetna, Optum, and Cigna represented a heightened focus on cost control and medication adherence through payor – patient relationships. Despite this recent vertical alignment, there is still room for horizontal mergers, acquisitions, and middle-market private equity recapitalizations, evidenced by the transaction activity that occurred in this most recent quarter.​

BioScrip’s merger with Option Care was a significant deal for the pharmacy space, creating one of the largest national players across both site and home infusion.

To print and download the full Pharmacy Services Update report, please click below…

 

Sources:   SEC Filings; Company Press Releases, and Reports; IBISWorld; Capital IQ; PitchBook; PHP Estimates and Research.  This document has been compiled with publicly available information.  Provident Healthcare Partners, LLC makes no guarantee of its accuracy or completeness.  No data or statement should be construed to be a recommendation for the purchase, sale, or retention of any security.
  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”