CVS to sell its troubled long-term care pharmacy

CVS Health secured court approval to sell its long-term care pharmacy business, Omnicare, according to a May 14 news release and bankruptcy court filings. GenieRx, a partnership between a private investment firm and a healthcare investment and management firm, is buying the subsidiary. The transaction’s closing cash consideration is $250 million. CVS acquired Omnicare in […] The post CVS to sell its troubled long-term care pharmacy appeared first on Becker's Hospital Review | He...

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