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PharmScript Acquires Arxcare

March 20, 2018

Benesch counseled PharmScript, a leading pharmacy provider to long-term care and post-acute care facilities, in its acquisition of Arxcare. PharmScript also acquired Vinze.

As part of the acquisitions, PharmScript is building state-of-the-art facilities located in Ohio and Massachusetts that offer significant expansion opportunities. The new 15,000-square-foot pharmacy in Massachusetts will open in early April and will be located at 140 Locke Dr., Marlborough, MA 01752. The new 17,000-square-foot pharmacy in Ohio will open in early June and will be located at 1685 Westbelt Dr., Columbus, OH 43228.

Both of the new facilities will operate as long term care pharmacies in PharmScript's network of 12 pharmacies throughout the United States. "We are excited to have Arxcare and Vinze, as well as their clients, join PharmScript," said Michael Segal, CEO of PharmScript. "PharmScript will continue to service Arxcare and Vinze's clients, giving them access to best-in-class technology and communication tools as well as other pharmacy services."

PharmScript, founded in 2009, currently services more than 400 long-term and post-acute care facilities across 17 states. PharmScript offers long-term and post-acute care facilities a seamless pharmacy experience. The company provides rigorous quality assurance, innovative technology and high-quality service to help healthcare facilities administer medications safely and manage their patients for optimal clinical outcomes, while maintaining costs. PharmScript serves healthcare providers in the Midwest, Mid-Atlantic, Northeast, Florida and Texas.

The Benesch team in the PharmScript acquisition of Arxcare was led by Alan Schabes and included Kelly Skeat and Nate Sargent.