PharMerica Corporation (PMC)

PharMerica Corporation operates as an institutional pharmacy services company in the United States. It offers services to healthcare facilities and provides management pharmacy services to hospitals. The company purchases, repackages, and dispenses prescription and non-prescription pharmaceuticals in accordance with physician orders and delivers such medication to healthcare facilities for administration to individual patients and residents. PharMerica Corporation also provides pharmacy products and services to residents and patients in skilled nursing facilities, assisted living facilities, hospitals, and other long-term alternative care settings. In addition, it offers consultant pharmacist services for customers to comply with the federal and state regulations applicable to nursing homes. Further, the company offers various ancillary services, such as infusion therapy products and services; and hospital pharmacy management services, including hospital pharmacy operations, regulatory and financial management services, and clinical pharmacy programs to various hospitals. As of December 31, 2009, it operated 98 institutional pharmacies in 41 states and provided pharmacy management services to 86 hospitals. The company is headquartered in Louisville, Kentucky. PharMerica Corporation (NYSE: PMC) operates independently of Kindred Healthcare Inc. and Amerisourcebergen Corp. as of August 1, 2007.