Omnicare (OCR) Wins Kindred (KND) Biz, Beats Out PharMerica (PMC)

PharMerica Corporation (NYSE: PMC) has been informed by Kindred Healthcare (NYSE: KND) that it is not renewing the Company's contract for skilled nursing pharmacy services when the current contract expires on December 31, 2013.

In related news, Omnicare Inc. (NYSE: OCR) has entered into an agreement to provide skilled nursing pharmacy services for Kindred Healthcare, Inc. The transition is expected to commence at the end of 2013.

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