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Consolidating resources; AmerisourceBergen deal will create No. 2 player.

Publication: Modern Healthcare
Publication Date: 14-AUG-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Joseph Mantone

Federal regulatory changes have spurred consolidation among pharmacies that serve nursing homes, known as institutional pharmacies, and the narrowing of the field continued last week when AmerisourceBergen Corp. and Kindred Healthcare announced plans to merge their institutional pharmacy divisions.

A spinoff will accompany the merger, and the new publicly traded company will be the nation's second-largest provider of institutional pharmacy services, holding...

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