Omnicare
Drug Stores & Pharmacies · Ohio, United States · 5K - 10K Employees
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Overview
Headquarters
Omnicare Center 900 E 4th St 201, Cincin...Phone Number
(513) 719-2600Website
www.omnicare.comRevenue
$1.5 BillionIndustry
ZI Rank: 2
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About Omnicare
Omnicare is a provider of pharmaceutical products and services to nursing homes, assisted living institutions, and other long-term care facilities. Its pharmacies usually provide prescription drugs and pharmaceutical consulting services to geriatric institutions located within a 150-mile radius.Explore more
Omnicare Org Chart
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Omnicare is experiencing very low activity levels compared to other companies in the Retail sector.
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Omnicare is drawing exceptional interest within the Retail industry, suggesting notable developments or strong market momentum, learn more about Omnicare.
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1994
Stock Offering
$59.2M
Omnicare Tech Stack
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Omnicare News & Media
Omnicare, CVS Health reach $440 million settlement in senior living prescription fraud case
Long-term care pharmacy Omnicare and its parent company, CVS Health, have agreed to pay at least $440 million to the federal government to satisfy an almost $950 million judgment in a case in which they were found liable for fraudulently dispensing drugs without valid prescriptions to residents of assisted living communities and other non-skilled-nursing residential long-term care facilities.Omnicare, CVS Reach $440M Ch. 11 Settlement With DOJ - Law360 Bankruptcy Authority
CVS and its bankrupt unit Omnicare have agreed to pay $440 million to the U.S. Department of Justice to resolve an almost $1 billion judgment stemming from a False Claims Act suit, telling a Texas bankruptcy judge the deal will take effect once Omnicare's sale to GenieRx closes.Omnicare Receives Court Approval for Sale of Business to GenieRx
WOONSOCKET, R.I., May 13, 2026 /PRNewswire/ -- Omnicare, LLC (the "Company" or "Omnicare"), a subsidiary of CVS Health (NYSE: CVS), today announced that following a comprehensive sale process, the U.S. Bankruptcy Court for the Northern District of Texas (the "Court") has approved the sale...Once a $13 billion deal, CVS Omnicare now headed for bankruptcy sale - The Boston Globe
The nursing home pharmacy titan was found liable for fraudulently billing the government, and ordered to pay nearly $1 billion last year.
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Omnicare is a provider of pharmaceutical products and services to nursing homes, assisted living institutions, and other long-term care facilities. Its pharmacies usually provide prescription drugs and pharmaceutical consulting services to geriatric institutions located within a 150-mile radius.... Read More
