Guardian Pharmacy Services, one of the nation’s largest and most innovative long-term care (LTC) pharmacy services companies, announced its acquisition of Mercury Pharmacy Services, a leading LTC pharmacy based in Mountlake Terrace, Wash. This acquisition marks Guardian’s first pharmacy location in Washington and represents one of the company’s larger recent single-pharmacy deals. With this strategic addition, Guardian expands its footprint into the Pacific Northwest, positioning the company to support the growing demand for LTC pharmacy services across this area. The new location will serve residents in assisted living, skilled nursing, and behavioral health communities, as well as individuals with intellectual and developmental disabilities.
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With this strategic addition, Guardian Pharmacy Services expands its footprint into the Pacific Northwest, positioning the company to support the growing demand for LTC pharmacy services across this area.
Founded in 2001, Mercury Pharmacy Services is among the largest providers of LTC pharmacy services in the Seattle-Tacoma area and serves residents and LTC communities across the state of Washington and adjoining areas. All existing leadership and staff at Mercury Pharmacy Services will remain in place, continuing to operate under the same name.
“As we continue our nationwide expansion, we remain focused on identifying outstanding local pharmacies in regions where senior living operators have expressed a clear need for high-quality, LTC pharmacy services,” said Fred Burke, president and CEO of Guardian Pharmacy Services. “Demand for dependable, responsive LTC pharmacy service has grown significantly across Washington, and our acquisition of Mercury Pharmacy Services allows us to meet that need with a financially strong, high-performing pharmacy already delivering exceptional care.”
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As with Guardian’s other acquisitions, Mercury Pharmacy Services will benefit from the company’s unique business model. This enables the local pharmacy teams to focus on customer service and the specialized needs of the communities and residents they serve, while Guardian’s centralized Corporate Support Team assists with the many complex behind-the-scenes business functions, including data analytics, HR, IT, payor relations, national sales and more.
Founded in 2004, Guardian Pharmacy Services has expanded from a single location to more than 50 pharmacies serving approximately 7,000 LTC facilities across the U.S. This growth has been fueled by a balanced strategy of organic expansion, greenfield startups, and acquisitions, supporting the company’s success in a rapidly evolving market.
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Source – businesswire
