About PharMerica
PharMerica is a company based in Louisville (United States) founded in 1998 was acquired by KKR in August 2017. The company has 4,088 employees. PharMerica has completed 17 acquisitions, including Altius Healthcare, AmeritaIV and BGS Pharmacy Partners. PharMerica offers products and services including Long-Term Care Pharmacy, Home Infusion Services, and Specialty Pharmacy. PharMerica operates in a competitive market with competitors including Fullscript, InpharmD, Ateb, Ipharmacare and Welldium, among others.
- Headquarter Louisville, United States
- Employees 4,088
- Stage Public
- SectorsHealthcare
- Website category Health · Pharmacy
- Email••••••••
- Website pharmerica.com
- Social LinkedIn X Facebook
- Acquired by KKR (Aug 2017)
- Legal Name Pharmerica Corporation
- Annual Revenue$2.09 B (USD)3as on Dec 31, 2016
- Net Profit$21.6 M (USD)-38as on Dec 31, 2016
- EBITDA$38.4 M (USD)-29as on Dec 31, 2016
- Latest Funding Round$12M (USD), Debt – Conventional
Dec 2017
- InvestorsKKR
& 3 more
- Employee Count4,088
- Investments & AcquisitionsAltius Healthcare
& 16 more
- Acquired by
Products & Services of PharMerica
PharMerica offers a comprehensive portfolio of products and services, including Long-Term Care Pharmacy, Home Infusion Services, and Specialty Pharmacy.
Provides medication management for long-term care facilities
Delivers complex pharmaceuticals to patients at home
Meets needs of patients with cancer and other conditions
Funding Insights of PharMerica
- Total Rounds 3
- Last Round Debt – Conventional — $12M
- First Round $325M
(Apr 1998)
- Investors Count 1
All 3 funding rounds of PharMerica with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | $12M | Debt – Conventional | – | – | – |
| Dec 2017 | – | Post-IPO | – | – | |
| Apr 1998 | $325M | Debt – Conventional | – | – | – |
3 investors in total: 3 institutional.
Investors in PharMerica
PharMerica has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, Walgreens Boots Alliance and Athyrium Capital Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global private equity investments are managed by the firm. | – | athyrium.com | New York, United States | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Health and wellbeing solutions are provided through global pharmacy networks. | 2014 | walgreensbootsalliance.com | Deerfield, United States |
Investor details for PharMerica
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PharMerica
70 people are tracked at PharMerica (52 in leadership, 18 in team); the tracked headcount is 4,088.
| Name | Role | Group |
|---|---|---|
T.J. Griffin | SVP, LTC Operations & Chief Pharmacy Officer | Leadership |
Jennifer Yowler | President | Leadership |
Peggy Craft | Strategic Account Director | Leadership |
John Cleary | President, Hospital Pharmacy Services Division | Leadership |
Andrew Smith | Director, Client Strategy Operations | Leadership |
Dan Lynch | VP of Compliance, Pharmacy | Leadership |
Amy Foster | Pharmacy Director | Leadership |
Todd Dipprey | Regional Pharmacy Director | Leadership |
Maurice Rodriguez | Director Of Business Development At Pharmerica | Leadership |
Faith Bradshaw | Director Of Implementation | Leadership |
Keith Petri | Regional Director Of Sales-east Region | Leadership |
Darren Haselby | Director Of Pharmacy Operations | Leadership |
Greg Lunson | Pharmacy Director | Leadership |
Mary Garland | Pharmacy Director | Leadership |
Phillip Sizemore | Regional Vice President Of Sales - West | Leadership |
Brian Borrego | Director, Client Services | Leadership |
Maryanne Owcharuk | Vice President-customer Success&special Projects | Leadership |
Todd Haines | Vice President Human Resources | Leadership |
Nancy Hoffman | Vice President Of Operations | Leadership |
Rebecca Wingate | Vice President Of Clinical Operations | Leadership |
50 more people are available in the full profile.
Complete people profiles for PharMerica
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PharMerica
PharMerica has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include Altius Healthcare, AmeritaIV and BGS Pharmacy Partners.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Hospice pharmacy benefit management and pharmacy services are provided. | onepointpatientcare.com | Tempe, United States | 1969 | Sep 2020 | •••• | |
Telepharmacy services are delivered through an online patient portal platform. | caremedsp.com | New Hyde Park, United States | 2006 | Mar 2017 | •••• | |
Comprehensive pharmacy services are provided for long-term care patients. | integratedpharmacy.net | Singapore | 2003 | Dec 2015 | •••• | |
Healthcare management services are provided for pharmacy operations. | lukerrx.com | Blanco, United States | 2007 | Nov 2015 | •••• | |
Pharmaceutical services are provided in Cheektowaga, United States. | mcguiregrouppharmacy.com | Cheektowaga, United States | 2015 | Oct 2015 | •••• | |
Nursing and rehabilitation services are provided in the United States. | mcguiregroup.com | Buffalo, United States | 1973 | Oct 2015 | •••• | |
Pharmacy services are delivered to long-term care organizations. | mpsrx.com | Oak Brook, United States | 2003 | Sep 2014 | •••• | |
Nursing, assisted living, and home care services are provided. | altiusaz.com | Prescott, United States | 1990 | Jul 2014 | •••• | |
Pharmacy partnership services are provided in the United States. | bgspharmacy.com | Grapevine, United States | 2006 | Dec 2013 | •••• | |
Complex pharmaceutical products and infusion services are provided outside hospitals. | ameritaiv.com | Irvine, United States | 2012 | Dec 2012 | •••• |
Complete acquisition details for PharMerica
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of PharMerica
15 dated milestones of PharMerica across 22 years, from founding to its latest funding, stage changes and deals.
- Founded PharMerica is founded.
- Funding First funding round of $325.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires AmeritaIV.
- Acquisition Acquires BGS Pharmacy Partners.
- Acquisition Acquires Altius Healthcare.
- Acquisition Acquires Millennium Pharmacy Systems.
- Acquisition Acquires MCGUIRE GROUP PHARMACY.
- Acquisition Acquires The McGuire Group.
- Acquisition Acquires Luker Pharmacy Management.
- Acquisition Acquires Integrated Pharmacy.
- Acquisition Acquires CareMed Specialty Pharmacy.
- Exit Acquired by KKR.
- Funding Latest funding round, Debt – Conventional, of $12.0M.
- Acquisition Acquires OnePoint Patient Care.
Competitors of PharMerica
PharMerica 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 Fullscript, InpharmD, Ateb, Ipharmacare and Welldium, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fullscript.com | 1995 | Ottawa, Canada | $265M | 251 | Supplements dispensing platform is provided for health practitioners. | |
| inpharmd.com | 2014 | Atlanta, United States | $6.63M | – | Evidence-based drug information is provided to healthcare providers online. | |
| ateb.com | 1992 | Raleigh, United States | – | 129 | Pharmacy-based patient care solutions and medication synchronization are provided. | |
| ipharmacare.net | 2011 | Hangzhou, China | – | – | A clinical rational drug management system is provided for pharmacists. | |
| welldium.com | 2020 | Amsterdam, Netherlands | – | – | Medical supplements are recommended through software for pharmacists and doctors. | |
| pocketpharmacist.io | 2010 | Daniken, Switzerland | – | – | Delivers comprehensive drug information solutions to pharmacists. | |
| future-pharmacy.co.uk | 2015 | Milton Keynes, United Kingdom | – | – | Provides comprehensive solutions for medication guidance to pharmacists. |
Detailed competitors of PharMerica
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PharMerica
The website of PharMerica (pharmerica.com) receives about 28.9K visits a month and ranks #874,262 among all websites worldwide, #1,532 in Pharmacy.
- Monthly visits28.9K
▼ 5.9% vs previous month
- Unique visitors15K
per month
- Global rank#874,262
among all websites
- Category rank#1,532
Health · Pharmacy
- Bounce rate40%
- Pages per visit2.6
- Average visit1 min 08 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with PharMerica. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| omnicare.com | 100% | 398.5K | #114,759 | View details | |
guardianpharmacy.net | guardianpharmacy.net | 84% | – | #2,733,886 | – |
| remedirx.com | 83% | 6.7K | #2,235,823 | View details | |
| goodrx.com | 77% | 22.5M | #3,027 | View details | |
drugs.com | drugs.com | 75% | – | #3,085 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for PharMerica
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 36 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Pharmerica
Complete news archive for PharMerica
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to PharMerica
10 companies that operate in the same segment as PharMerica (Pharmacy & Healthcare Retail Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | – | |
Online community and B2B platform for pharmacy professionals is operated. | 2012 | Singapore, Singapore | USD 10 M | – | – | |
Optum is recognized as a leading health solution and care delivery organization. | 2011 | Eden Prairie, Minnesota, United States | USD 250 K | USD 383.36 M | 140 | |
Materials management and business analytics solutions for healthcare are provided. | 1992 | Mountain View, California, United States | USD 20 M | USD 1.18 B | 3,670 | |
Offers a B2B managed marketplace for pharmacies | 2019 | Bengaluru, Karnataka, India | USD 20.02 M | USD 20.23 M | 218 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 929.11 M | USD 805.55 M | 221 | |
Prescription drugs refill management solutions | 2015 | San Francisco, California, United States | USD 105.54 M | – | 99 | |
On-demand prescription delivery is facilitated for patients through pharmacists' workflows. | 2016 | Jacksonville, United States | USD 30.64 M | – | 95 | |
Medication management systems are supplied to healthcare providers and pharmacies. | 1968 | Columbus, Ohio, United States | USD 8.3 M | – | – | |
Provider of supply chain management platform | 2009 | Columbus, Ohio, United States | USD 5.76 M | – | 55 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about PharMerica
PharMerica was founded in 1998.
PharMerica is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
PharMerica has 4,088 employees.
Annual revenue of PharMerica is $2.09B as on Dec 31, 2016.
Founded in 1998 and based in Louisville, United States, PharMerica operates in the pharmacy sector with over 100 locations. Daily medication requirements for nursing facilities are fulfilled through these sites. Decision support software is offered, including containment tools for medication management and cost savings. Dispensing limits on high-cost medications are enforced, automatic split-billing is handled during payer changes, and price forecasting tools are provided to identify lower-cost alternatives before orders.
PharMerica's top competitors include Fullscript, InpharmD and Ipharmacare.
PharMerica offers Long-Term Care Pharmacy, Home Infusion Services, and Specialty Pharmacy.
PharMerica has made 17 acquisitions, including Altius Healthcare, AmeritaIV, and BGS Pharmacy Partners.
PharMerica has 3 investors. Key investors include KKR, Walgreens Boots Alliance, and Athyrium Capital Management.
PharMerica operates through Pharmerica Corporation.
Yes. PharMerica was acquired by KKR in August 2017.