Walgreen expands Home Care business with acquisitin of Option Care

Stephen Tweed | July 21, 2007 | Newsroom
Walgreen, the huge drug store company, has expanded its role in the home care marketplace with the acquisition of Option Care. Option Care is a national provider of specialty pharmacy and home infusion services. Through its pharmacy services, it provides medications and treatments for patients suffering from complex diseases, including cancer and multiple sclerosis. It…

Walgreen, the huge drug store company, has expanded its role in the home care marketplace with the acquisition of Option Care.

Option Care is a national provider of specialty pharmacy and home infusion services. Through its pharmacy services, it provides medications and treatments for patients suffering from complex diseases, including cancer and multiple sclerosis. It also provides therapy for patients requiring intravenous medication or nutrition.

This latest move greatly expands Walgreen’s existing specialty pharmacy business, adding 100 locations to its current 45 home-care facilities. Option Care has the largest geographic coverage in the industry with 400 managed care organizations. Furthermore, through Option Care, Walgreen gains access to medications that currently have limited distribution, giving customers a reason to choose its drugstore over the competition.

Stephen Tweed
Stephen Tweed, CSP, began his journey as a business strategist in home health care in 1982. Today, Stephen is among the top thought leaders in Home Care strategy and management. He has worked with top 5% companies from across the US. He is a sought after speaker at from national and state association events.

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