Omnicare, Inc.
News and overview for Omnicare, Inc.
Omnicare names Workman as finance chief - MarketWatch
MarketWatch | 31 days 15 hours 54 minutes ago
Stock futures edge up amid earnings reports
Omnicare Reports Third-Quarter Results [Press Release]
Business Wire | 18 days 15 hours 6 minutes ago
Omnicare, Inc. (NYSE:OCR), one of the nation's leading providers of pharmaceutical care for the elderly, reported today financial results for its third quarter ended September 30, 2009.
Omnicare settles kickback cases for $98M
Cincinnati Enquirer, The | 20 days 5 hours 47 minutes ago
Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, has completed a deal to pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Drug dispensing service Omnicare will pay $98M to settle federal investigation into kickbacks
Sun (Baltimore), The | 15 days 6 hours 52 minutes ago
Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, will pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Omnicare will settle kickback cases for $98M
Forbes | 20 days 7 hours 21 minutes ago
NEW YORK -- Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, will pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Omnicare will settle kickback cases for $98M | courier-journal.com | The Courier-Journal
Courier-Journal (Louisville, Ky.), The | 20 days 6 hours 51 minutes ago
NEW YORK (AP) Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, will pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Omnicare Declares Quarterly Cash Dividend [Press Release]
Business Wire | 3 days 9 hours 21 minutes ago
The Board of Directors of Omnicare, Inc. (NYSE:OCR), a leading provider of pharmaceutical care for the elderly, declared today a quarterly cash dividend of 2.25 cents ($0.0225) per share on its common stock. The dividend is payable December 21, 2009 to stockholders of record on December 7, 2009.
Omnicare Completes Voluntary Settlement Agreement [Press Release]
Business Wire | 20 days 9 hours 36 minutes ago
Omnicare, Inc. (NYSE:OCR) today announced that it has finalized a previously disclosed agreement in principle for a voluntary civil settlement with the U.S. Attorney’s Office, District of Massachusetts, the Departments of Justice and Health and Human Services, as well as various of the states in which the Company does business. The settlement relates to the previously disclosed investigation with respect to qui tam complaints filed against the Company. The Company cooperated fully with the re...
Omnicare, Teva co pay $112 million for kickbacks
Forbes | 20 days 7 hours 53 minutes ago
WASHINGTON (Reuters) - Omnicare Inc, the largest U.S. provider of pharmacy services to nursing homes, will pay $98 million and Teva subsidiary IVAX Pharmaceuticals will pay $14 million to settle allegations of kickbacks, the U.S. Department of Justice said Tuesday.
Omnicare Appoints John L. Workman Executive Vice President and Chief Financial Officer [Press Release]
Business Wire | 31 days 16 hours 6 minutes ago
Omnicare, Inc. (NYSE:OCR) today announced that it has appointed John L. Workman Executive Vice President and Chief Financial Officer, effective November 18, 2009. Mr. Workman will oversee all aspects of Omnicare’s financial operations as well as its information technology function. He will report to Joel F. Gemunder, Omnicare’s President and Chief Executive Officer.
Omnicare to Present at the Credit Suisse 18th Annual Healthcare Conference [Press Release]
Business Wire | 17 days 15 hours 6 minutes ago
Omnicare, Inc. (NYSE:OCR), a leading provider of pharmaceutical care for the elderly, announced today that it will participate in the Credit Suisse 18th Annual Healthcare Conference on November 11 at 1:00 p.m. EST in Phoenix, Arizona. Presenting for Omnicare will be Joel F. Gemunder, president and chief executive officer.
Recovering Addict-Businessman Helps Government Recover Millions from Omnicare for Nursing Home Kickback Scheme [Press Release]
PRNewswire | 20 days 2 hours 38 minutes ago
...Recover Millions from Omnicare for Nursing Home Kickback...3 /PRNewswire/ -- Omnicare Inc., the nation's largest...today's settlement, Omnicare will pay $19.8 million... National Senior Care Inc. and prominent New York...
Nation's Largest Nursing Home Pharmacy and Drug Manufacturer to Pay $112 Million to Settle False Claims Act Cases [Press Release]
PRNewswire | 20 days 3 hours 32 minutes ago
...nursing home pharmacy, Omnicare Inc. of Covington, Kentucky...resolve allegations that Omnicare engaged in kickback schemes...Mariner Health Care Inc. and SavaSeniorCare Administrative...accepting a kickback from Omnicare in return for pharmacy...
Omnicare 3Q profit rises 13 percent
Yahoo! | 18 days 7 hours 22 minutes ago
COVINGTON, Ky. – Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, said Thursday its third-quarter profit rose 13 percent as lower costs and an income tax adjustment offset a dip in revenue.
Tax shift boosts Omnicare Q3 profits
Cincinnati Enquirer, The | 18 days 12 hours 8 minutes ago
Omnicare Inc. reported a 35 percent gain third-quarter earnings Thursday, boosted in large part by an income tax adjustment.
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Company Overview
| Company: | Omnicare, Inc. |
|---|---|
| Industry: | Pharmaceuticals Distribution & Wholesale |
| Website: | http://www.omnicare.com |
With operations across the US, Omnicare strives to be omnipresent. The firm is the country's largest institutional pharmacy services provider, dispensing drugs to nursing homes, assisted-living centers, and other long-term care facilities in the US and parts of Canada. It also provides clinical and financial software and consulting services to long-term care facilities, as well as infusion and respiratory therapy products and services for nursing home residents and hospice patients. The company has more than 200 pharmacy locations across the US and services more than 1.4 million patient beds.
Key Numbers
| Sales in U.S. Dollars (mil.) | 6,310.6 (2008) |
|---|---|
| One-year % Growth in Sales | 1.5 (2008) |
| Net Income in U.S. Dollars (mil.) | 156.1 (2008) |
| One-year % Growth in Net Income | 36.9 (2008) |
| Number of Employees | 17,200 (2008) |
| One-year % Growth in Number of Employees | -3.4 (2008) |
| Fiscal Year-End | December |