Remedi SeniorCare Acquires Ohio-Based HealthCare Pharmacy (HCP)

BALTIMORE, Md.--(BUSINESS WIRE)--Remedi SeniorCare^SM, a premier provider of pharmacy services for senior healthcare facilities, announced today that it has completed the acquisition of HealthCare Pharmacy of Covington, Ohio.

“We found that Remedi SeniorCare offers an excellent combination of customer-focused service, a strong market presence, and the advanced technologies that HCP needs to better serve our customers”

Remedi SeniorCare, formerly Woodhaven Health Services, will now serve more than 20,000 residents in Maryland, Delaware, Washington D.C., Virginia, Ohio, Kentucky, Indiana and Michigan, placing it among the nation’s top 10 independent institutional pharmacies.

Remedi President and CEO Michael Mahon welcomed HealthCare Pharmacy’s employees and customers to Remedi SeniorCare, emphasizing Remedi’s commitment to providing personalized, hands-on service and intelligent pharmacy technologies.

“We’re building on Remedi’s successful track record to help more senior healthcare facilities achieve healthier results for their residents,” said Mahon. “The acquisition is part of our controlled-growth strategy to be a multi-regional provider of institutional pharmacy solutions.”

HCP CEO Jay Meyer expressed the importance of finding a strong business partner that shares HealthCare Pharmacy’s culture of providing high-quality pharmacy services to residents of senior healthcare facilities.

“We found that Remedi SeniorCare offers an excellent combination of customer-focused service, a strong market presence, and the advanced technologies that HCP needs to better serve our customers,” said Meyer.

Meyer will become President and Chief Operating Officer of Midwest operations for Remedi SeniorCare. No other staffing changes are planned.

“We’re very fortunate to have Jay Meyer join our team,” said Mahon. “Jay has built an organization that shares the values and philosophy that have made Remedi SeniorCare a premier pharmacy services provider. He and the Ohio team will continue to provide customers in the region with hands-on account management, as well as My Remedi, our comprehensive suite of web-based medication management tools.”

All Remedi SeniorCare customers will gain access to My Remedi, which provides an integrated “e-pharmacy” experience that simplifies drug dispensing and documentation, and offers real-time tracking of prescription drug usage and costs.

About Remedi SeniorCare (www.RemediRx.com)

Founded in 1954 as Woodhaven Pharmacy, Remedi SeniorCare provides pharmacy services to nursing home, assisted living and continuing care retirement communities. Serving more than 20,000 residents throughout the Mid-Atlantic and Midwest, Remedi has built a successful track record based on an organizational commitment to fostering robust relationships, open communication and an analytical approach to managing facilities’ prescription drug utilization and costs. Remedi combines a focus on resident care with intuitive pharmacy technologies to support and counsel facilities as they address the medication needs of the nation’s senior population.