Here are three things to know.
1. PharmaSource, the pharmacy management division of Cincinnati-based Omnicare, provides pharmacy management services for acute care, rehabilitation, long-term acute care, behavioral, pediatric, surgical, heart and specialty hospitals, according to a news release.
2. With the acquisition, CPS said it adds pediatric hospital support, along with other areas, to its offerings.
3. Scott Barham, RPh, regional director of operations for PharmaSource, is among the majority of the pharmacy management division’s employees who will join the CPS specialty hospital unit, the release states.
More articles on transactions and valuations:
The Carle Foundation acquires second Illinois hospital
Providence St. Mary Medical Center to integrate with Adventist-run Washington hospital
Baptist Hospitals of Southeast Texas partners with 2 cancer centers
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.