Remedi acquires Ohio company

Deal gives it 15,000 new patients

September 13, 2012|Andrea K. Walker, The Baltimore Sun

Baltimore-based Remedi SeniorCare, which provides pharmaceutical services to long-term care facilities, has bought an Ohio company in a deal that expands its Midwestern customer base.

With its acquisition of Cornerstone Pharmacy in northeast Ohio, Remedi now serves more than 15,000 long-term care residents from pharmacies in Cleveland and Troy, Ohio. That adds to the 31,000 residents across nine states and Washington, D.C., that Remedi already counted as clients.

Cornerstone President Brad Pinkerton joins Remedi as president of the Midwestern region.

Financial details of the deal were not disclosed.

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