Private company

Omnicare

Logo: omnicare.com⁵

American health care company

Omnicare, Inc. is an American company working in the health-care industry. It was 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.³ Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Industrypharmacy¹
HeadquartersCincinnati¹
Websitewww.omnicare.com
Legal formDelaware corporation¹
Listed onNew York Stock Exchange¹
Incorporated inDE⁶
Business address900 Omnicare Center, 201 E. Fourth Street, Cincinnati, Oh 45202⁶
Filer categoryLarge accelerated filer⁶
LEI2X4NKSER9ZE7V4QZQT33⁴
StatusActive⁴
LEI statusLapsed (not renewed)⁴
Registered addressC/O Corporation Service Company, 19808 Wilmington, United States⁴
Registered withDivision of Corporations, Department of State, 906384⁴

See how the biggest companies compare on our leaderboards

What it owns

What Omnicare reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Land	$4.8M⁹ Dec 31, 2014	$4.4M⁹ Dec 31, 2013	+9.3%
Buildings and improvements	$29.1M⁹ Dec 31, 2014	$16.0M⁹ Dec 31, 2013	+81.3%
Machinery and equipment	$167.2M⁹ Dec 31, 2014	$153.4M⁹ Dec 31, 2013	+9.0%
Property and equipment, before depreciation	$600.4M⁹ Dec 31, 2014	$569.5M⁹ Dec 31, 2013	+5.4%
Accumulated depreciation	$332.7M⁹ Dec 31, 2014	$263.6M⁹ Dec 31, 2013	+26.2%
Property and equipment, net	$267.8M⁹ Dec 31, 2014	$305.9M⁹ Dec 31, 2013	−12.5%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$153.8M⁹ Dec 31, 2014	$356.0M⁹ Dec 31, 2013	−56.8%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$4.1B⁹ Dec 31, 2014	$4.1B⁹ Dec 31, 2013	+0.1%
Intangible assets, net (excluding goodwill)	$98.9M⁹ Dec 31, 2014	$130.0M⁹ Dec 31, 2013	−23.9%
Indefinite-lived intangibles (excluding goodwill)	$12.0M⁹ Dec 31, 2014	$12.0M⁹ Dec 31, 2013	0%
Accumulated amortization	$257.3M⁹ Dec 31, 2014	$227.7M⁹ Dec 31, 2013	+13.0%

Inventory

Item	Latest	A year before	Change
Inventory, total	$519.6M⁹ Dec 31, 2014	$512.4M⁹ Dec 31, 2013	+1.4%

Leadership

Who has led Omnicare, and when. Pick a name to see everywhere that person has worked.

Chief executive

President

Chief financial officer

Chief operating officer

2010201520202025

Chief executive officerNitin Sahney Jul 2, 2014 to Aug 20, 2015¹⁰
Chief executive officerJohn L. Workman Jun 14, 2012 to Jul 2, 2014¹¹
Chief executive officerJohn G. Figueroa Jan 4, 2011 to Jun 1, 2012¹²
Chief executive officerJames D. Shelton Aug 12, 2010 to Sep 21, 2010¹³
Chief executive officerJoel F. Gemunder Jan 11, 2006 to Jul 28, 2010¹⁴
PresidentJohn L. Workman May 16, 2012 to Aug 1, 2012¹⁵
PresidentNitin Sahney Jun 14, 2012 to Aug 20, 2015¹⁶
PresidentJames D. Shelton Aug 12, 2010 to Aug 12, 2010¹³
PresidentJeffrey M. Stamps Nov 5, 2010 to Nov 5, 2010¹⁷
PresidentJoel F. Gemunder Jan 11, 2006 to Jul 28, 2010¹⁴
Chief financial officerJohn L. Workman Nov 18, 2009 to Aug 1, 2012¹⁸
Chief financial officerDavid W. Froesel Jr. Jan 11, 2006 to Dec 18, 2009¹⁹
Chief operating officerNitin Sahney Jun 14, 2012 to Jun 13, 2014¹⁶
Chief operating officerPatrick E. Keefe Mar 25, 2008 to Jun 30, 2010²⁰
Chief operating officerGlen C. Laschober Mar 3, 2006 to Jan 18, 2007²¹

Board members and other officers (37)

SVP, Chief Compliance OfficerSteven E. Skwara May 29, 2015 to Aug 20, 2015²²
SVP Sales & Marketing,SCG Ops.Amit Jain Jun 2, 2014 to Aug 20, 2015²³
SVP Long Term Care OperationsDavid Hileman Jun 2, 2014 to Aug 20, 2015²⁴
SVP and CIORandall A. Carpenter Mar 15, 2013 to Mar 28, 2014²⁵
SVP, Chief HR OfficerKirsten Marriner Mar 28, 2013 to Aug 20, 2015²⁶
SVP, Gen. Counsel & SecretaryAlexander M. Kayne Apr 4, 2011 to Aug 20, 2015²⁷
EVP, Human ResourcesPriscilla Stewart-Jones Sep 6, 2011 to Aug 17, 2012²⁸
EVP & President, SCGNitin Sahney Nov 12, 2010 to May 2, 2012²⁹
Senior VP - Sales-Cust. Dev.Beth A. Kinerk Jun 1, 2009 to May 16, 2012³⁰
Vice PresidentJeffrey M. Stamps Jun 6, 2007 to Nov 19, 2012³¹
SVP - Professional ServicesW. Gary Erwin Jun 6, 2007 to May 16, 2012³²
Senior VP & SecretaryCheryl D. Hodges Jan 11, 2006 to May 13, 2010³³
Executive VP - OperationsPatrick E. Keefe Jan 11, 2006 to Mar 14, 2008³⁴
Senior VP - Prof. Serv. & Pur.Timothy E. Bien Jan 11, 2006 to Apr 3, 2006³⁵
SVP - Sales and MarketingKirk M. Pompeo Mar 27, 2006 to Mar 27, 2007³⁶
SVP - Strategic Planning & DevLeo P. Finn Iii. May 22, 2006 to Nov 22, 2011³⁷
Board memberNitin Sahney Jul 2, 2014 to Aug 20, 2015¹⁰
Board memberJohn Lincoln Bernbach Mar 8, 2013 to Aug 20, 2015³⁸
Board memberJames G. Carlson Jul 8, 2013 to Aug 20, 2015³⁹
Board memberSam R. Leno May 29, 2012 to Aug 20, 2015⁴⁰
Board memberJohn L. Workman Nov 20, 2012 to Jul 2, 2014⁴¹
Board memberJohn G. Figueroa Jan 4, 2011 to Jun 1, 2012¹²
Board memberBarry P. Schochet Jun 3, 2011 to Aug 20, 2015⁴²
Board memberMark Emmert Jun 3, 2011 to Aug 20, 2015⁴³
Board memberJeffrey W. Ubben Feb 26, 2008 to May 28, 2008⁴⁴
Board memberJames D. Shelton Mar 7, 2008 to Aug 20, 2015⁴⁵
Board memberSteven J. Heyer Apr 17, 2008 to Aug 20, 2015⁴⁶
Board memberDavid W. Froesel Jr. Jan 11, 2006 to Jan 3, 2007¹⁹
Board memberJoel F. Gemunder Jan 11, 2006 to Jul 28, 2010¹⁴
Board memberSandra E. Laney Jan 11, 2006 to May 26, 2010⁴⁷
Board memberEdward L. Hutton Feb 14, 2006 to Feb 26, 2008⁴⁸
Board memberJohn H. Timoney Mar 16, 2006 to Jan 3, 2011⁴⁹
Board memberAmy Wallman May 18, 2006 to Aug 20, 2015⁵⁰
Board memberAndrea R. Lindell May 18, 2006 to May 23, 2014⁵¹
Board memberCharles H. Erhart May 18, 2006 to May 28, 2008⁵²
Board memberJohn T. Crotty May 18, 2006 to Aug 13, 2010⁵³
General counselMark G. Kobasuk Jun 6, 2007 to Nov 22, 2010⁵⁴

Subsidiaries and ownership

Owners

CVS Health

From Wikidata.¹

Controversies and legal

Controversy

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% market share 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 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 by Resnick and Total Pharmacy Services V.P. Maureen Nehls related to kickbacks that had been part of its 2004 acquisition of Total Pharmacy Services was settled (circa 2013) 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.

In 2025, CVS was ordered to pay a $949 million fine under the False Claims Act after a federal jury convicted Omnicare of improperly billing Medicaid, Medicare, and Tricare from 2010 to 2018. In September 2025, Omnicare filed for Chapter 11 bankruptcy.

From Wikipedia’s article on Omnicare, shared under CC BY-SA 4.0.⁷

Timeline

Jul 2, 2014New chief executive Nitin Sahney becomes CEO¹⁰
Jun 14, 2012New chief executive John L. Workman becomes CEO¹¹
Jan 4, 2011New chief executive John G. Figueroa becomes CEO¹²
Aug 12, 2010New chief executive James D. Shelton becomes CEO¹³
Jan 11, 2006New chief executive Joel F. Gemunder becomes CEO¹⁴

SEC filer profile

How Omnicare is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGAROMNICARE INC²
CIK0000353230
Employer ID (EIN)31-1001351²
Filer statusLarge accelerated filer²
Incorporated inDelaware²
Fiscal year endsDecember 31²
Industry code (SIC)5912 Retail-Drug Stores and Proprietary Stores²
Business address900 Omnicare Center, 201 E. Fourth Street, Cincinnati, OH 45202²
Phone5137192600²
Shares outstanding96,888,606 as of Jun 30, 2015⁵⁵
Public float$6.5B as of Jun 30, 2014⁹
On EDGAR sinceFeb 10, 1994²
Filings1,673 in all: 4 (859), 8-K (216), SC TO-T/A (102), SC 13G/A (69), 10-Q (62), 424B3 (51), 3 (31), SC 13G (25)²
All 53 form types
424B5 (21), DEF 14A (21), S-3 (17), S-8 POS (16), 10-K (15), DEFA14A (13), 4/A (11), S-8 (11), CORRESP (9), FWP (9), UPLOAD (9), S-4/A (8), SC TO-C (8), 10-K405 (6), S-4 (6), 8-K/A (5), CT ORDER (5), SC 13D (5), SC 13D/A (5), 10-Q/A (4), 5 (4), S-3/A (4), SC TO-T (4), 25-NSE (3), 305B2 (3), 8-A12B (3), PRE 14A (3), S-3ASR (3), SC TO-I/A (3), 10-K/A (2), 15-15D (2), 424B1 (2), 424B2 (2), ARS (2), POS AM (2), POSASR (2), SC 14D1/A (2), 10-K405/A (1), 15-12B (1), 3/A (1), 8-A12B/A (1), DEFM14A (1), PREM14A (1), SC 14D1 (1), SC TO-I (1)
Latest filingsAnnual report (10-K) Feb 25, 2015
Quarterly report (10-Q) Jul 24, 2015
Proxy statement (DEF 14A) Apr 17, 2015
Latest 8-K (8-K) Oct 14, 2015

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataOmnicare on Wikidata
2
SEC EDGAROmnicare filings on SEC EDGAR
3
WikipediaOmnicare on Wikipedia
4
GLEIFOmnicare LEI record (2X4NKSER9ZE7V4QZQT33)
5
Company websiteOmnicare logo
6
SEC EDGAROmnicare filings on SEC EDGAR
7
WikipediaOmnicare on Wikipedia (revision used)
8
Wikimedia CommonsOmnicare photo by David Shankbone, CC BY 3.0
9
SEC EDGAROmnicare 10-K for fiscal 2014
10
SEC EDGARNitin Sahney, Chief executive officer
11
SEC EDGARJohn L. Workman, Chief executive officer
12
SEC EDGARJohn G. Figueroa, Chief executive officer
13
SEC EDGARJames D. Shelton, Chief executive officer
14
SEC EDGARJoel F. Gemunder, Chief executive officer
15
SEC EDGARJohn L. Workman, President
16
SEC EDGARNitin Sahney, President
17
SEC EDGARJeffrey M. Stamps, President
18
SEC EDGARJohn L. Workman, Chief financial officer
19
SEC EDGARDavid W. Froesel Jr., Chief financial officer
20
SEC EDGARPatrick E. Keefe, Chief operating officer
21
SEC EDGARGlen C. Laschober, Chief operating officer
22
SEC EDGARSteven E. Skwara, SVP, Chief Compliance Officer
23
SEC EDGARAmit Jain, SVP Sales & Marketing,SCG Ops.
24
SEC EDGARDavid Hileman, SVP Long Term Care Operations
25
SEC EDGARRandall A. Carpenter, SVP and CIO
26
SEC EDGARKirsten Marriner, SVP, Chief HR Officer
27
SEC EDGARAlexander M. Kayne, SVP, Gen. Counsel & Secretary
28
SEC EDGARPriscilla Stewart-Jones, EVP, Human Resources
29
SEC EDGARNitin Sahney, EVP & President, SCG
30
SEC EDGARBeth A. Kinerk, Senior VP - Sales-Cust. Dev.
31
SEC EDGARJeffrey M. Stamps, Vice President
32
SEC EDGARW. Gary Erwin, SVP - Professional Services
33
SEC EDGARCheryl D. Hodges, Senior VP & Secretary
34
SEC EDGARPatrick E. Keefe, Executive VP - Operations
35
SEC EDGARTimothy E. Bien, Senior VP - Prof. Serv. & Pur.
36
SEC EDGARKirk M. Pompeo, SVP - Sales and Marketing
37
SEC EDGARLeo P. Finn Iii., SVP - Strategic Planning & Dev
38
SEC EDGARJohn Lincoln Bernbach, Board member
39
SEC EDGARJames G. Carlson, Board member
40
SEC EDGARSam R. Leno, Board member
41
SEC EDGARJohn L. Workman, Board member
42
SEC EDGARBarry P. Schochet, Board member
43
SEC EDGARMark Emmert, Board member
44
SEC EDGARJeffrey W. Ubben, Board member
45
SEC EDGARJames D. Shelton, Board member
46
SEC EDGARSteven J. Heyer, Board member
47
SEC EDGARSandra E. Laney, Board member
48
SEC EDGAREdward L. Hutton, Board member
49
SEC EDGARJohn H. Timoney, Board member
50
SEC EDGARAmy Wallman, Board member
51
SEC EDGARAndrea R. Lindell, Board member
52
SEC EDGARCharles H. Erhart, Board member
53
SEC EDGARJohn T. Crotty, Board member
54
SEC EDGARMark G. Kobasuk, General counsel
55
SEC EDGAROmnicare 10-Q filed Jul 24, 2015: shares outstanding