OneroRx acquires 3 specialty pharmacies
Local Health Specialty, a subsidiary of OneroRx, has acquired three pharmacies in Missouri and Indiana. This step is part of OneroRx’s wider focus of expanding their footprint to a regional level.
OneroRx currently owns 65 independent pharmacy locations in six states, and its mission is to provide integrated pharmacy services to promote patient health and wellness in underserved communities.
The three pharmacies acquired are Juniper Pharmacy in St. Louis; Lee’s Summit Pharmacy in Lee’s Summit, Mo.; and Willowbrook Pharmacy in Carmel, Ind. The staff at each pharmacy will continue in the current capacity.
Steven Donnelly, who has about seven years of experience in specialty pharmacy, will be serving as president of Local Health Specialty. Donnelly joined OneroRx in June 2023.
Cutting edge specialty offerings
“Specialty pharmacies offer essential services to communities across the country,” said Donnelly. “We are excited to extend these services that we currently offer in Chicago into these markets. Our focus as always is on serving our patients, and specialty pharmacy accomplishes that by increasing patient access to high-cost therapies through financial assistance.”
“Steven’s experience in specialty pharmacy is a tremendous benefit to not only OneroRx and Local Health Specialty, but also to the patients that we serve,” said OneroRx president and CEO Joseph Dunham II. “It’s exciting that with his leadership we are able to extend a service to community pharmacy patients that normally only chain pharmacies have offered on a regional level.”
OneroRx is known for offering integrated pharmacy services to patients in underserved markets through its hub and spoke pharmacy and telepharmacy operations. The company said it is continually looking for opportunities to provide accessible care and expanding regional access to retail. Long-term care and now specialty care are areas going forward.
“We strongly believe in the importance of maintaining local access to comprehensive pharmacy services,” said Dunham. “The pharmacy landscape is rapidly changing, and we believe that OneroRx’s ability to provide the support and resources of a larger organization to locations such as the three acquired sites will allow members of these local communities to access the pharmacy care they deserve at prices that don’t freeze them out of affording their medications.”
[Read more: Personalizing the pharmacy experience]
Local Health Specialty now has pharmacies able to serve many major markets in the Midwest, including Chicago, Saint Louis, Kansas City and Indianapolis. They are looking for opportunities to continue grow in other parts of the region.