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CVS to acquire Omnicare for $10.4 billion

CVS to acquire Omnicare for $10.4 billion

Retail pharmacy giant CVS announced Thursday it will acquire Omnicare, marking the third major recent consolidation among pharmacies and allied companies providing specialty services and pharmacy benefit programs.

More News

OIG report prods federal regulators to get tougher

A Congressional watchdog group this week criticized the Department of Health & Human Services for failing to keep its improper payment rates low in its Medicare fee-for-service and Medicaid programs.

Preferred Care Partners seeks to dismiss suit over care, billing issues

One of the nation's largest nursing home chains is looking to thwart what it alleges is a conspiracy by private law firms trying to convince state officials to sue large corporations. Texas-based Preferred Care Partners Management Group also is arguing to dismiss a lawsuit the state Attorney General filed against it last March.

Nursing home under investigation for nude photos of resident

A skilled nursing home and rehabilitation facility in Indiana is under investigation after inappropriate photos of a resident were allegedly posted by employees on social media.

Quote of the Day

The acquisition of Omnicare significantly expands our business, providing CVS Health access into a new pharmacy dispensing channel."

Blog round up

Things I Think Toss me overboard

Toss me overboard

Guest columns Talking about and speaking up for nurses

Talking about and speaking up for nurses

Guest columns The pressure is on, Part 1

The pressure is on, Part 1

Guest columns Creating a 'Just Culture'

Creating a 'Just Culture'

Guest columns Preparedness is key

Preparedness is key

Editor's Picks

Question of the Month:

"What long-term care figure, living or dead, would you like to meet, and why?"

Send your answer to Senior Editor Elizabeth Newman at elizabeth.newman@mcknights.com. Please include your name, title, name of your workplace and its location. When possible, please include a picture of yourself. Your answer may appear in McKnight's Long-Term Care News.

Featured CE

Preserving Cognitive Status in Elderly Surgical Patients Requiring General Anesthesia

Preserving Cognitive Status in Elderly Surgical Patients Requiring General Anesthesia

The elderly brain is more vulnerable to the adverse effects of surgery and anesthesia compared with the younger brain. Both anecdotally and in clinical investigation, the elderly surgical population has been found to exhibit a significantly higher prevalence of postoperative cognitive decline. The most common manifestations of this decline are postoperative delirium (POD) and postoperative cognitive dysfunction (POCD).

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