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Omnicare acquires nursing home pharmacy division of Big B Inc.
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Business Wire
- Article date:
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February 1, 1996
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Copyright informationCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CINCINNATI and BESSEMER, Ala.--(BUSINESS WIRE)--Feb. 1, 1996-- Omnicare Inc. (NYSE:OCR) and Big B Inc. (NASDAQ:BIGB) today announced that Omnicare has acquired the assets of Pharmacy Care Systems, the nursing home pharmacy division of Big B.
Pharmacy Care Systems, based in Bessemer (near Birmingham), provides comprehensive pharmaceutical and related consulting services for approximately 1,700 residents of skilled nursing, assisted living and other long-term care facilities. These client facilities are located predominantly in northern Alabama and, to a lesser extent, in the Atlanta area. Pharmacy Care Systems' revenues are currently running at the annualized rate of $2.7 ...
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