Charmichael's acquired by SunLink

ATLANTA SunLink Health Systems has acquired Carmichael’s Cashway Pharmacy in a deal worth about $24 million.

Carmichael’s focuses on infusion therapy, specialty and institutional pharmacy services, enteral products, respiratory medications, medical equipment and retail pharmacy services.

Robert M. Thornton, Jr., chief executive officer of SunLink, stated, “The Carmichael’s acquisition complements and broadens the scope of our current rural hospitals, which include nursing home, home care and physician clinic businesses, to include infusion therapy, specialty and institutional pharmacy and related home care services and products in desirable rural markets. We expect the financial contributions from Carmichael’s to be accretive.”