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 as of December 31, 2022. 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 4088 as on 31 Dec, 2022
- Stage Public
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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
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- Legal Name Pharmerica Corporation
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Annual Revenue
$2.09 B (USD)3as on Dec 31, 2016
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Net Profit
$21.6 M (USD)-38as on Dec 31, 2016
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EBITDA
$38.4 M (USD)-29as on Dec 31, 2016
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Latest Funding Round
$12 M (USD), Debt – Conventional
Dec 15, 2017
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Investors
KKR
& 3 more
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Employee Count
4088
as on Dec 31, 2022
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Investments & Acquisitions
Altius Healthcare
& 16 more
- Acquired by
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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
People of PharMerica
Unlock access to complete
Funding Insights of PharMerica
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $12.0M
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First Round
First Round
(01 Apr 1998)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Debt – Conventional - PharMerica | Valuation |
investors |
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| Dec, 2017 | Amount | Post-IPO - PharMerica | Valuation |
investors |
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| Apr, 1998 | Amount | Debt – Conventional - PharMerica | Valuation |
investors |
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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 |
|---|---|---|---|---|
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Global private equity investments are managed by the firm.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Health and wellbeing solutions are provided through global pharmacy networks.
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Founded Year | Domain | Location |
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 Year | Amount |
|---|---|---|---|---|---|
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Pharmaceutical services are provided in Cheektowaga, United States.
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2015 | ||||
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Complex pharmaceutical products and infusion services are provided outside hospitals.
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2012 | ||||
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Healthcare management services are provided for pharmacy operations.
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2007 |
Financial Statements - PharMerica
Pharmerica Comparisons
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 year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Supplements dispensing platform is provided for health practitioners.
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| domain | founded_year | HQ Location |
Evidence-based drug information is provided to healthcare providers online.
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| domain | founded_year | HQ Location |
Pharmacy-based patient care solutions and medication synchronization are provided.
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| domain | founded_year | HQ Location |
A clinical rational drug management system is provided for pharmacists.
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| domain | founded_year | HQ Location |
Medical supplements are recommended through software for pharmacists and doctors.
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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.
As of Dec 31, 2022, the latest employee count at PharMerica is 4,088.
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.