CarepathRx Acquires Chartwell MSO; UPMC Becomes Strategic Investor
December 1, 2020
CarepathRx will acquire the management services organization that operates UPMC's Chartwell specialty pharmacy and home infusion business, while UPMC will take a strategic equity stake in CarepathRx. The transaction (reported at approximately $400 million) expands CarepathRx's specialty pharmacy and home-infusion capabilities and creates a long-term partnership between the companies.
- Buyers
- CarepathRx, UPMC
- Targets
- Chartwell management services organization (Chartwell MSO)
- Sellers
- Chartwell (UPMC subsidiary)
- Industry
- Healthcare Services
- Location
- Pennsylvania, United States
- Transaction Type
- Divestiture
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