Retail News Breaks
Bartell Drugs acquires pair of pharmacies
May 21st, 2013
SEATTLE – Bartell Drugs has bought two pharmacies from The Everett Clinic, a physician group practice based in Everett, Wash.
Plans call for Bartell Drugs to begin operating the two pharmacies, in Marysville and Everett, Wash., on June 10, the Seattle-area drug chain said Tuesday. Terms of the agreement weren't disclosed.
"The Everett Clinic is well-respected and shares many of our values regarding serving patients and customers," Bartell Drugs chairman and chief executive officer George Bartell said in a statement. "The acquisition of these pharmacies allows both organizations to work together to strengthen their presence in Snohomish County."
The acquisition gives Bartell Drugs 60 locations overall. In 2013, the chain also plans to open a new store in Seattle's South Lake Union section by mid-August and, if development proceeds in a timely manner, another new store in North Bend, Wash., later in the year, Bartell said in a recent interview. Three or four store remodels also are slated for this year.
Customers and patients with prescriptions at both Bartell Drugs and The Everett Clinic pharmacies now have the added convenience of having them filled at any of Bartell Drugs' 60 locations.
The Everett Clinic had only the two pharmacies, located in the Founder's Pharmacy Building on the company's Everett Campus and at the Marysville Clinic. According to Bartell Drugs, both are pharmacy-focused but also offer a limited assortment of over-the-counter medications and "essentials" items, as well as wraps, braces and other recovery aids.
Most of the pharmacists and technicians formerly employed by The Everett Clinic have been retained, Bartell Drugs said.
"We are delighted to work with Bartell Drugs and offer our patients a more comprehensive pharmacy solution," stated Everett Clinic chief operating officer Mark Mantei. "The ability to coordinate care and fill a prescription right after a visit with your doctor while
obtaining refills close to home or work should be a real plus for our patients."
The Everett Clinic has more than 450 primary and specialty health care providers and a staff of more than 2,000. It also operates nine walk-in health clinics in Snohomish County.
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