PharMerica Corporation is pharmacy management services provider dedicated to providing quality customer service and innovative pharmacy solutions to customers and patients in long-term care settings and in the home. PharMerica is a public company formed through the combination of the institutional pharmacy business of national healthcare services company Kindred Healthcare Inc. and pharmaceutical services company AmerisourceBergen.

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News & Events

03/16/17

PharMerica Acquires CareMed Specialty Pharmacy

LOUISVILLE, Ky.--(BUSINESS WIRE)--Mar. 16, 2017-- PharMerica Corporation (NYSE:PMC), a diversified national provider of institutional and specialty pharmacy services, announced today that it has completed the acquisition of CareMed Specialty Pharmacy (“CareMed”). Terms of the transaction were not disclosed. CareMed, based in New Hyde Park, NY, and licensed in all 50 states, provides comprehensive specialty pharmacy services nationally and is

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Stock Information

PMC (Common Stock) $24.00 Stock is Up 0.45 (1.91%)
Data as of 03/27/17  4:02 p.m. ET

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Stock chart for: PMC.  Currently trading at $24.00 with a 52 week high of $28.72 and a 52 week low of $19.20.

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Corporate Governance

The corporate governance mission of PharMerica Corporation (the "Company") is to maximize stockholder value while operating in accordance with the law and a high set of ethical standards. Ultimately, the corporate authority to carry out this mission rests with the Company's board of directors (the "Board"), as the representative of the stockholders. While the Board delegates authority to management to implement the Company's mission on a day-to-day basis, the Board retains primary responsibility over the governance of the Company. Specifically, the Board will retain the authority to: (i) recommend candidates to the stockholders for election to the Board; (ii) select and evaluate the CEO; (iii) oversee the Company's succession plan; (iv) determine senior management compensation; (v) ensure the existence of adequate systems, procedures and controls; and (vi) assist in the approval of a financial operating plan and strategic direction. Additionally, the Board provides advice and counsel to senior management.