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Omnicare services 617,300 residents in 8,600 facilities across the United States. This represents over 100 pharmacy locations and 30% of the long-term care market. Omnicare is headquartered in Covington, Ky.
CVS halts sale of Omnicare. CVS. HEALTH CORP. has changed its plans to sell Omnicare, provider of pharmacy services to long-term care facilities.
CVS Health will sell its long-term care pharmacy business, Omnicare, reporting a $2.5 billion loss related to it in the third quarter, McKnights Senior Living reported Wednesday.
In 2015, Omnicare was acquired by CVS Health.
To cater to that group, the CVS Health Corporation is acquiring the pharmacy services provider Omnicare, which distributes prescription drugs to nursing homes and assisted-living operations.
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Omnicare, which serves senior living communities, skilled nursing facilities and Programs of All-Inclusive Care for the Elderly, is a business unit of Woonsocket, RI-based CVS Health, which in August 2023 said that it would be laying off 5,000 employees.
Long-Term Care Pharmacy.
In 2015, Omnicare was acquired by CVS Health. Omnicare, Inc.

omnicare prior auth form