Owens Healthcare to sell 12 retail pharmacies to CVS

Owens Healthcare, a pharmacy based in Northern California, will sell 12 retail pharmacies to CVS, according to local news station KRCR.

CVS plans to maintain operations at five of the Owens locations; five other retail pharmacies will be closed. CVS is working to sell the remaining two Owens retail pharmacies to Rite Aid. 

The transaction is expected to close by the end of September. 

Owens will continue to operate its long-term care pharmacy, compounding pharmacy, infusion services and medical equipment services.

More articles on pharmacy:
Oklahoma opioid trial wraps: 10 takeaways
Drugmaker tried to shred records before FDA inspection, agency claims
Publix Pharmacy to deliver prescriptions to patients before hospital discharge

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers