Long-term care pharmacy expands operations

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Chem Rx recently acquired Salerno's Pharmacy. This move represents the beginning of Chem Rx's national expansion and growth plan to increase its service area in the long-term care market, according to a company announcement.

Chem Rx, based in Long Beach, NY, raises its beds-served count to more than 60,000 with the acquisition of Sciota, PA-based Salerno. Ben Salerno, that company's founder, Pharmacy, will retain a portion of ownership.

Chem Rx plans to make more acquisitions to include about 85,000 beds by the end of 2007, said COO Steve Silva.
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