Case Studies

INDIANA

In 1994, ALS Pharmacy, Inc. formed a joint venture with an owner and operator of skilled nursing facilities in Indiana. The joint venture formed a pharmacy LLC. to provide comprehensive pharmacy services to eight skilled nursing facilities with 850 licensed beds located in Indiana and Illinois.

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CARROLLTON TEXAS

In 1999, ALS Pharmacy, Inc. signed a three year management agreement with a Dallas Texas based owner and operator of skilled nursing facilities to organize and operate a Pharmacy to provide comprehensive pharmacy services. This new pharmacy provided services to the fifteen Texas based skilled nursing facilities with 1,100 beds.

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MASSACHUSETTS

In June of 2007 ALS Pharmacy, Inc. signed a three year management agreement with a Massachusetts based owner and operator of skilled nursing facilities. The new pharmacy will provides services to the 19 Massachusetts and New York based skilled nursing facilities with 2,600 beds.

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MICHIGAN

In January 2011 ALS Pharmacy, Inc. signed a 5 year management agreement with a struggling independent LTC pharmacy owned and operated by 2 nursing home chains with 42 skilled facilities located in the State of Michigan. ALS Pharmacy, Inc. completely transformed both the operations and financial health of pharmacy which allowed the owners to sell the Pharmacy to Pharmerica in 2016 for $28,000,000.

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ARLINGTON TEXAS

In June of 2005 ALS Pharmacy, Inc. signed a three year management agreement with a Pennsylvania based owner and operator of skilled nursing facilities. The new pharmacy provides services to the 37 Texas based skilled nursing facilities with 3.800 beds.

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CONNECTICUT

In January 2004, ALS Pharmacy, Inc. formed a joint venture with a Connecticut based owner and operator of skilled nursing facilities. The joint venture formed a new Pharmacy LLC to provide comprehensive pharmacy services to 25 skilled facilities with 3,000 licensed beds located in New Hampshire, Massachusetts, Connecticut, Virginia, Maryland, New Jersey and Vermont.

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NORTH CAROLINA

In August 2014, ALS Pharmacy, Inc. formed a joint venture with Meridian Senior Living, LLC, a Maryland based owner and operator of Assisted Living Facilities. The joint venture formed MedTech Pharmacy, LLC to provide comprehensive pharmacy services to 70 ALF facilities with 4700 licensed beds located in North Carolina

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