Injured Workers’ Pharmacy Acquires Chronic Care, Inc.
Washington D.C.-based Injured Workers’ Pharmacy (IWP), announced that it has completed the acquisition of Chronic Care, Inc. (CCI) dba MH Express Pharmacy, a workers’ compensation home delivery pharmacy operating exclusively in the State of California.
The acquisition provides IWP, a specialty home delivery pharmacy serving patients injured in accidents covered by property/casualty insurance, entry into the largest workers’ compensation market in the United States with 20 percent of all workers’ compensation claims and nearly 25 percent of all U.S. workers’ compensation pharmacy spend. The acquisition also expands IWP’s operational footprint to three locations – Andover, Mass., Phoenix, Ariz., and now Monrovia, California.
Established in 1975, CCI is one of the largest and most comprehensive Workers’ Compensation pharmacies in California with a service area from Sacramento to San Diego.
Source: IWP