Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Omnicare Inc.
Type
Subsidiary
Traded as NYSE: OCR
Industry Pharmacy
Headquarters Cincinnati, Ohio, USA
Parent CVS Health
Website http://www.omnicare.com/

Omnicare was an American company working in the health care industry, established in April 1981 as a spinoff of healthcare businesses from Chemed and W. R. Grace and Company. It is currently a pharmacy specializing in nursing homes. In 2015, Omnicare was acquired by CVS Health.

In 2012, the Federal Trade Commission (FTC) sued Omnicare to block its hostile takeover of its rival PharMerica under federal anti-trust law. The FTC alleged that the acquisition would boost drug costs and inflate Medicare expenditures by consolidating the industry and reducing price competition. PharMerica owned 97 long-term-care pharmacies, while Omnicare owned approximately 200. The merger would have given Omnicare a 57% marketshare versus two percent for its nearest, non-PharMerica rival. Because of the FTC opposition, the takeover was terminated.

In November 2009, Omnicare paid US$98,000,000 to the federal government to settle five "qui tam" (whistleblower) lawsuits and government charges that the company had paid or solicited a variety of kickbacks. The company admitted no wrongdoing. The charges included allegations that Omnicare solicited and received kickbacks from a pharmaceutical manufacturer Johnson & Johnson, in exchange for agreeing to recommend that physicians prescribe Risperdal, a Johnson & Johnson antipsychotic drug, to nursing home patients.

Starting in 2006, healthcare entrepreneur Adam B. Resnick sued Omnicare, a major supplier of drugs to nursing homes, under the False Claims Act, as well as the parties to the company's illegal kickback schemes. Omnicare allegedly paid kickbacks to nursing home operators in order to secure business, which constitutes Medicare and Medicaid fraud. Omnicare allegedly had paid $50 million to the owners (Leonard Grunstein and Rubin Schron) of the Mariner Health Care Inc. and SavaSeniorCare Administrative Services LLC nursing home chains in exchange for the right to continue providing pharmacy services to the nursing homes.

In 2010, Omnicare settled Resnick's False Claims Act suit that had been taken up by the U.S. Department of Justice by paying $19.8 million to the federal government, while Mariner and SavaSeniorCare settled for $14 million.

A second whistleblower lawsuit filed against Omnicare it by Resnick and Total Pharmacy Services V.P. Maureen Nehls related to kickbacks that were part of its 2004 acquisition of Total Pharmacy Services was settled for $17.2 million by Omnicare and $5 million by the Total Pharmacy owners. Reportedly Omnicare was set to acquire JobMinglr.com for an undisclosed sum.

Investment goal date:
Dividends reinvested
Omnicare Inc. OCR report Q2 2015
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q4 2015
2016-02-21
--
--
Q3 2015
2015-10-23
--
--
Q2 2015
2015-07-24
1.0400
0.3200
Q1 2015
2015-04-29
1.0200
0.7500
Q4 2014
2015-02-25
0.9600
-0.0900
Q3 2014
2014-10-24
0.9400
0.6500
Q2 2014
2014-07-23
0.9100
0.5800
Q1 2014
2014-04-23
0.9100
0.5900
Q4 2013
2014-02-19
0.8700
0.5400
Q3 2013
2013-10-23
0.9100
-0.6800
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Adamant Biomedical Investments AG
23000
BOSTON PRIVATE BANK & TRUST CO
30
MANAGED ACCOUNT ADVISORS LLC
66313
NEW ENGLAND SECURITIES CORP /MA/
1074
Placemark Investments, Inc.
26841
SpiderRock Trading LLC
1600
TradeLink Global Equity LLC
3521
Waldron, LP
3066
Major Shareholders
Name Relationship
Total Shares
Holding stocks
LINDELL ANDREA R
0.0300% (32297)
CHE / OCR /
Workman John L
0.2000% (191075)
CCP / CNMD / FSS / OCR /
Stamps Jeffrey M
0.0600% (60435)
OCR /
Erwin W Gary
0.0600% (56781)
OCR /
Kinerk Beth A
0.0800% (73649)
OCR /
Figueroa John G.
0.2400% (238992)
OCR / RS /
Stewart-Jones Priscilla
0.0300% (25684)
OCR /
% ()