| Business Summary | | Omnicare,
Incorporated
is
a
provider
of
pharmacy
services
to
long-term
care
institutions
such
as
skilled
nursing
facilities,
assisted
living
facilities
and
other
institutional
health
care
facilities.
The
Company's
Pharmacy
Services
segment
provides
distribution
of
pharmaceuticals,
related
pharmacy
consulting,
data
management
services
and
medical
supplies
to
long-term
care
facilities.
Pharmacy
Services
purchases,
repackages
and
dispenses
pharmaceuticals,
both
prescription
and
non-prescription,
and
provides
computerized
medical
record
keeping
and
third
party
billing
for
residents
in
such
facilities.
The
Company's
CRO
(contract
research
organization)
Services
segment
is
an
international
provider
of
comprehensive
product
development
and
research
services
to
client
companies
in
the
pharmaceutical,
biotechnology,
medical
device
and
diagnostics
industries,
operating
in
23
countries
around
the
world. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Omnicare,
Inc.
is
a
provider
of
pharmacy
services
to
long
term
care
institutions
such
as
nursing
homes,
retirement
centers
and
other
health
care
facilities.
For
the
six
months
ended
6/30/01,
sales
increased
8%
to
$1.05
billion.
Net
income
rose
49%
to
$37.4
million.
Revenues
reflect
continued
internal
growth
of
the
pharmacy
services
business
and
acquisitions.
Earnings
also
reflect
improved
gross
profit
and
the
absence
of
$10.4
million
restructuring
related
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Edward Hutton, 81 Chairman | $5.3M | $295K | Joel Gemunder, 61 Pres,
Director | 5.4M | 1.0M | David Froesel, Jr., 49 CFO,
Sr. VP | 1.4M | -- | Patrick Keefe, 55 Exec.
VP, Operations | 1.5M | 115K | Timothy Bien, 50 Sr.
VP- Professional Services and Purchasing | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|