About Omnicare
Omnicare is a company based in Cincinnati (United States) founded in 1981 was acquired by CVS Health in May 2015. The company has 1 employees as of December 31, 2014. Omnicare has completed 2 acquisitions, including Advanced Care Scripts and NCS Health. Omnicare operates in a competitive market with competitors including Emporos, Fred IT Group, NuvertOS, ZennX and PulseTechWeb, among others.
- Headquarter Cincinnati, United States
- Employees 1 as on 31 Dec, 2014
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Omnicare Inc
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Annual Revenue
$6.42 B (USD)7as on Dec 31, 2014
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Net Profit
$144.53 M (USD)433as on Dec 31, 2014
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EBITDA
$427.31 M (USD)43as on Dec 31, 2014
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Latest Funding Round
$700 M (USD), Debt – Conventional
Nov 01, 2014
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Investors
CVS Health
& 1 more
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Employee Count
1
as on Dec 31, 2014
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Investments & Acquisitions
Advanced Care Scripts
& 1 more
- Acquired by
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Funding Insights of Omnicare
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $700.0M
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First Round
First Round
(01 Nov 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Debt – Conventional - Omnicare | Valuation |
investors |
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Investors in Omnicare
Omnicare has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include CVS Health and Neighborcare Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Retail pharmacy and healthcare services are provided nationwide.
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Founded Year | Domain | Location | |
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Medical, dental, mental health, and home care services are provided.
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Founded Year | Domain | Location |
Investments & Acquisitions by Omnicare
Omnicare has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Advanced Care Scripts and NCS Health.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Standalone pharmacy services are provided in Orlando, United States.
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2005 | ||||
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Pharmacy services are provided to long-term and acute care facilities.
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1986 |
Financial Statements - Omnicare
Omnicare Comparisons
Competitors of Omnicare
Omnicare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Emporos, Fred IT Group, NuvertOS, ZennX and PulseTechWeb, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Pharmacy management solutions are provided for hospitals and chain pharmacies.
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| domain | founded_year | HQ Location |
IT solutions for pharmacy dispensing and management are provided.
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| domain | founded_year | HQ Location |
Provider of healthcare management solution for hospitals, clinics, and pharmacies
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| domain | founded_year | HQ Location |
SaaS platform simplifies order management for pharma and FMCG sectors.
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| domain | founded_year | HQ Location |
Digital solutions for pharmacies and healthcare consumers are provided.
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Frequently Asked Questions about Omnicare
Omnicare was founded in 1981 and raised its 1st funding round 33 years after it was founded.
Omnicare is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Cassandra Deming is the current CEO of Omnicare.
As of Dec 31, 2014, the latest employee count at Omnicare is 1.
Annual revenue of Omnicare is $6.42B as on Dec 31, 2014.
Omnicare was founded in 1981 and is headquartered in Cincinnati, United States. Operations focus on the pharmacy services sector, where specialized long-term care solutions are delivered to healthcare facilities across the country. Services include medication management and distribution for elderly and institutional residents. In 2013, annual revenues of 6.16 billion were recorded, alongside a net profit of 0.19 billion.
Omnicare's top competitors include PulseTechWeb, Emporos and NuvertOS.
Omnicare has made 2 acquisitions, including Advanced Care Scripts, and NCS Health.
Omnicare has 2 investors. Key investors include CVS Health, and Neighborcare Health.