The purchase includes 14 NuCara Retail Pharmacies and 10 NuCara Home Medical stores.
WEST DES MOINES, IA, April 2, 2026 — OneroRx, an integrated pharmacy serving underserved markets, has completed its acquisition of 14 NuCara Pharmacy and 10 Home Medical Equipment locations in Iowa and Minnesota, bringing its total to 91 locations across eight Midwest states, employing over 1,000 team members.
OneroRx operates as the largest franchisee of the Medicap Pharmacy brand owned by Cardinal Health. Through this acquisition, OneroRx becomes the largest rural-based pharmacy in the state of Iowa, filling more than 5 million prescriptions per year. With this purchase, OneroRx expands availability and services for home medical equipment, meeting a growing need.
“We are excited to announce the completion of this acquisition of select NuCara Pharmacies and Home Medical stores,” said Joseph Dunham II, Chairman and Chief Executive Officer of OneroRx. “Our focus remains to provide rural access to pharmacy care at affordable prices. This mission began with our founder, John Pappajohn, who served on the OneroRx Board of Directors from 2018 until his passing in 2023.”
OneroRx leads the industry by focusing on personalized, community-based care and combining expert pharmacist guidance with innovative, convenient services. These services include prescription delivery, medication synchronization, multi-dose packaging, 24/7 kiosk access, compounding services, critical support for long-term-care patients, and home medical equipment.
Acquired NuCara locations will be newly branded as Medicap Pharmacy or Medicap Home Medical. This process has started and will continue over the next several weeks.
About OneroRx
OneroRx provides quality, affordable pharmacy services to underserved communities. The company fills more than 5 million prescriptions annually, offering personalized, high-quality care at 91 locations in 8 states. OneroRx focuses on communities with limited access to pharmacies where residents face challenges obtaining medications, vaccinations, medical equipment, and pharmacy guidance due to closures or long travel distances. For more information: www.onerorx.com and www.mymedicappharmacy.com
The M&A market for healthcare companies continues to build on STRATEGIC opportunities and a fragmented market. Consolidations along with unprecedented demand are driving scale across the continuum of care. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
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