Omnicare

From WikiMD's Food, Medicine & Wellness Encyclopedia

Omnicare is a pharmacy services provider based in the United States. It is a subsidiary of CVS Health, a leading American healthcare company. Omnicare specializes in providing pharmacy services to long-term care facilities, including nursing homes, assisted living facilities, and other healthcare establishments.

History[edit | edit source]

Omnicare was founded in 1981, with its headquarters in Cincinnati, Ohio. The company was initially a spin-off from healthcare provider Chemed. In 2015, Omnicare was acquired by CVS Health, a deal that significantly expanded CVS Health's reach in the pharmacy services sector.

Services[edit | edit source]

Omnicare provides a range of pharmacy services, including prescription dispensing, medication management, and consulting services. The company's primary clients are long-term care facilities, which require specialized pharmacy services to meet the needs of their residents.

Prescription Dispensing[edit | edit source]

Omnicare's prescription dispensing service involves the provision of medications to long-term care facilities. The company uses advanced pharmacy automation technology to ensure accurate and efficient dispensing of medications.

Medication Management[edit | edit source]

Omnicare's medication management service involves working with healthcare providers to ensure that patients are receiving the correct medications in the correct doses. This includes reviewing patients' medication regimens and making recommendations for changes if necessary.

Consulting Services[edit | edit source]

Omnicare also provides consulting services to long-term care facilities. These services include advice on medication administration, regulatory compliance, and other pharmacy-related issues.

Criticisms and Controversies[edit | edit source]

Over the years, Omnicare has faced several criticisms and controversies. These include allegations of Medicare fraud, overcharging for prescription drugs, and providing substandard care. The company has settled several lawsuits related to these allegations, although it has not admitted any wrongdoing.

See Also[edit | edit source]

References[edit | edit source]


External Links[edit | edit source]

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Contributors: Prab R. Tumpati, MD