PharMerica to Merge with Home Care Giant BrightSpring, Continue Assisted Living Push

Long-term care pharmacy PharMerica intends to merge with BrightSpring Health Services, a large provider of home- and community-based care. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms of the transaction […]

Senior Housing Residents Can Benefit from Walgreens’ Preventive Healthcare Services

The Affordable Care Act is shifting the healthcare industry toward a managed care model, and a large part of that is preventive care. In light of that, Walgreens (NYSE:WAG) subsidiary Take Care Health Systems is launching a program for Medicare-eligible seniors to participate in preventive visits and annual wellness visits at clinics across the country […]

Greystone, Walgreens Partner to Reduce Rehospitalizations from Nursing Homes

Walgreens (NYSE:WAG) and Greystone Healthcare Management, which manages 27 skilled rehab facilities in three states, recently launched a collaborative therapy management pilot program at the Lady Lake Specialty Center in Lady Lake, Fla., aimed at reducing hospital readmission rates for patients in post-acute care settings. Through the program, Walgreens community pharmacists deliver medication and counseling […]