Green Shield Canada (GSC) announced March 9 that it has acquired NKS Health and The Health Depot.
NKS, a specialty pharmacy focused on complex disease management, has four accredited pharmacies, 19 infusion clinics, and a national network, servicing 30,000 patients per year. This acquisition “will provide GSC with additional capability in managing drug costs for employers while enhancing patient health outcomes,” says the company.
The Health Depot is a digital pharmacy with expertise in chronic disease management. “Aligned with GSC's track record as an innovator in health and technology, The Health Depot offers a convenient approach that 'brings the pharmacy to you' while monitoring medication safety and, when needed, helping to optimize medication therapy,” says GSC.
The acquisitions, made through Green Shield Holdings Inc. – part of the GSC group of companies – “will provide unique value by utilizing deep clinical expertise and integrating targeted pharmacy services into both insurance and broader health services offerings,” says the company. This will enable it to increase its social impact in local communities, adds GSC.
Zahid Salman, GSC's President & CEO, stated that the acquisitions are “a critical milestone in our repositioning as an integrated health services organization and Canada's only payer-provider, with the ability to insure health benefits, pay health claims and deliver health care services while also administering all types of health benefits plans."
