Pharmacy

Avel eCare Announces the Acquisition of NightWatch to Expand Pharmacy Telemedicine Services

Avel eCare, the nation’s leading provider of clinician-to-clinician telemedicine services, announced Tuesday the acquisition of NightWatch, a West Virginia-based company that provides remote pharmacy services to hospitals, clinics and nursing homes throughout the Midwest and mid-Atlantic region. The acquisition strengthens Avel’s existing suite of telemedicine offerings and enables the company to expand its reach to […]

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Walgreen-Boots Alliance to Pursue Smaller Acquisitions in 2023

The Walgreens-Boots Alliance (NASDAQ: WBA) will focus on smaller tuck-in transactions in 2023 as opposed to the multi-billion dollar deals the company pursued in 2022. Last year, WBA poured money into health care provider investments and acquisitions, including the home-based care platform CareCentrix, Inc. and VillageMD. Those companies both provide palliative care in addition to

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The Unprecedented Reinvention of Walgreens

Walgreens Boots Alliance is betting its future on an unprecedented effort to reinvent itself as a healthcare company, a venture of immense scale and complexity. There’s no playbook for what the Deerfield-based company hopes to achieve. Never before has a retail pharmacy chain transformed into a full-fledged provider of medical care. Walgreens’ ambitions threaten to

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Pharmacy Technician Certification Board Acquires Pharmacy Technician Educators Council

The Pharmacy Technician Certification Board (PTCB), the nation’s first and only nonprofit association for pharmacy technician credentialing, has acquired the Pharmacy Technician Educators Council (PTEC). PTEC membership voted to combine resources, expertise, and infrastructure to empower technician educators with enhanced resources and professional development opportunities and strengthen the future of the pharmacy technician workforce. Read

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Medly Health, Owner of Pharmacy Startup, Has Filed for Bankruptcy with Plans to Sell 22 Stores

Medly Health, parent company of a New York City-based digital pharmacy startup that took off during the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection Friday. Founded in 2017, Medly touted itself as a full-service pharmacy that provides on-demand, same-day prescription delivery and also validates and files insurance claims and worked directly with patients to

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NowRx’s Pharmacy Patient Business Acquired by Alto Pharmacy

NowRx, a tech-powered pharmacy that provides same-day prescription delivery and telehealth services, announced Wednesday that Alto Pharmacy has agreed to acquire NowRx’s patient files in California. Beginning November 30, 2022, Alto Pharmacy will provide all prescription delivery and services to NowRx patients in California, ensuring continuity of the high quality service that NowRx customers have

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