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(Reuters) - Grocer Kroger said on Monday it had entered a definitive agreement for the sale of its specialty pharmacy business to CarelonRx, a unit of U.S. health insurer Elevance Health.
The original company, called MedPartners Inc., was founded as a physician and pharmacy benefits management company in 1993. [1] It was founded in Birmingham, Alabama by former HealthSouth Corporation chief executive Richard Scrushy. [1] New Enterprise Associates was an initial investor in the company. [2] MedPartners went public in February ...
In 2000, WellPoint acquired PrecisionRx, a mail service pharmacy fulfillment center in Texas. [31] In 2001, WellPoint offered to acquire CareFirst BlueCross BlueShield for $1.37 billion, including $119 million in bonuses to Carefirst executives. [32] In 2003, the offer was rejected by the Maryland insurance commissioner. [33]
Carelon Health operates neighborhood-based care centers that act as supplementary extensions of the patient's primary care physician offices. The goal of the Care Center is to provide a one-stop shop for care services, reducing travel time, likelihood of missing an appointment and duplication of efforts.
Opening stores used to mean everything to pharmacy chains. CVS Health once boasted of opening or buying more than 2,900 locations in a five-year period. Now it’s shuttering hundreds, while ...
The top 25 pharmacy chain stores represent about 38,000 pharmacy locations in the U.S. and employ about 149,000 on-staff pharmacists. California has 8,015 pharmacies, the most of any state. Texas , Florida , New York , and Pennsylvania round out the top five states for pharmacy locations. [ 1 ]
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