Seller: Shopko Pharmacies
On the heels of yesterday’s announcement of a new deal between Shopko and Kroger that will see Kroger buying the files from 42 of Green Bay, Wis.-based Shopko’s stores, Hy-Vee announced today that it has acquired the business of 22 Shopko pharmacies in Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin. Shopko patient files will merge into existing Hy-Vee Pharmacy locations in the 17 cities where the acquisitions have taken place.
“ As we continue to grow our pharmacy business, we pride ourselves on providing an excellent experience to our customers,” Hy-Vee’s chairman of the board, CEO and president Randy Edeker said. “We provide customized care for each person who walks through our door. Our pharmacists will go above and beyond to provide numerous services to our patients so we can help them understand and assist with caring for their specific health care needs.”
All impacted Shopko pharmacy patients will receive a letter from their new Hy-Vee Pharmacy with additional details, the company said. Each person who fills a new prescription or refills an existing/transferred prescription at any Hy-Vee Pharmacy location will receive a 5 cents per gallon Fuel Saver + Perks discount, which can be redeemed at any Hy-Vee location that sells gasoline, and a coupon for a discount on his/her next Hy-Vee grocery trip.
What does this transaction mean for the strategic options for your healthcare business?
Contact Paragon Ventures for more information. 800-719-1555