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Article: Continuing Care Rx seeks middle ground in pharmacy services
- Article from:
- Central Penn Business Journal
- Article date:
- July 14, 2006
- Author:
CopyrightCopyright Journal Publications Inc. Jul 14, 2006. Provided by ProQuest LLC. (Hide copyright information)
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A Dauphin County pharmacyservices company is searching for more growth opportunities after acquiring three similar companies during the past several months.
Lower Paxton Township-based Continuing Care Rx Inc., which primarily serves the long-term care industry, acquired Utica, N.Y.based Pharmacy Solutions Inc. in early July for an undisclosed price. That purchase follows the firm's acquisition of Poughkeepsie, N.Y.-based MTM Pharmacy Services Inc. in April and APS Pharmacy Services of Wilkes-Barre in December.
The acquisitions are part of a strategy to expand CCRx's reach in Pennsylvania and other MidAtlantic states, said Peter Ehrich, partner with Thoma Cressey Equity Partners. Thoma ...