Walgreens buys senior-focused pharmacies

DEERFIELD, Ill. Walgreens today announced that it has acquired two pharmacies from TabSafe Prescription Services, the pharmacy services division of TabSafe Medical Services, a privately-held company that manufactures and markets a state-of-the-art personal medication management system for seniors.

The senior-living pharmacies are located in Largo, Fla. and Roswell, Ga. Both pharmacies will operate as part of SeniorMed, a Walgreens company. SeniorMed is a medication management company founded in 1996 that exclusively serves senior-living communities and was fully acquired by Walgreens in June.

TabSafe Medical Services will retain its ownership and rights to manufacture and market the TabSafe medication management machine.

“TabSafe’s devotion to helping those faced with the complexities of taking multiple medications is right in line with Walgreens commitment to healthy aging,” said John Heid, vp of long-term care pharmacy for Walgreens Health Services. “This acquisition allows us to care for a larger segment of that population and offer them additional services.” 

Walgreens said that by operating the TabSafe pharmacies under SeniorMed, Walgreens can offer a number of additional benefits to those patients through Walgreens Home Care and Walgreens Specialty Pharmacy. They include home infusion and respiratory services, durable medical equipment, access to self-injectable medications, and comprehensive patient education and support.