Checking under the hood of one of this week's major merger deals, CVS Health's pending $13-billion acquisition of long-term care pharmacy provider Omnicare is aimed at expanding its presence in the senior patient care market.
Omnicare has two major divisions: its Long-Term Care Group and its Specialty Care Group.
Here's a look at the recent performance of both of these units:
Long-Term Care provides services and products to long-term care facilities (makes sense) as well as seniors living independently.
The Specialty Care unit works with manufacturers "to streamline the delivery of specialty products, maximize commercial uptake, and provide tactical support adaptive to the changing healthcare environment," according to Omnicare.
The Long-Term Care Group makes up the largest part of its revenue and profit. However, the Specialty Care Group has seen the bulk of the growth. While revenue and earnings were basically stagnant for the Long-Term Care Group in the first quarter, Specialty Care saw 20%+ growth for both.
Meanwhile, both are seeing basically flat margins.
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