Pharmacy Systems: Comprehensive Pharmacy Services Announces Strategic Acquisition of Pharmacy Systems, Inc.

Comprehensive Pharmacy Services Announces Strategic Acquisition of Pharmacy Systems, Inc.Comprehensive Pharmacy Services Announces Strategic Acquisition of Pharmacy Systems, Inc.Combined Company Will Control Nearly $2B in US Hospital Drug Spend and Serve Over 700 Hospitals with broad pharmacy services across the continuum of careMEMPHIS, TN--(Marketwired - September 18, 2017) - Comprehensive Pharmacy Services (CPS), the nation's largest hospital and health system pharmacy services provider, announced today its acquisition of Ohio-based Pharmacy Systems, Inc. (PSI), effective 9/01/17, further building the largest hospital pharmacy services entity of its kind in the nation. Together, the merged companies will control close to $2 Billion in U.S. drug spend, serve over 700 client facilities and be able to leverage their broad and complementary capabilities to help clients improve quality, reduce cost, and achieve better patient outcomes.The merger, timed to pair with CPS' Specialty Pharmacy Service Line launch, represents another strategic move ...Full story available on Benzinga.com