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Graymark acquires Rambo Pharmacy

Graymark Healthcare, through its wholly-owned subsidiary, ApothecaryRX, has acquired Rambo Pharmacy in Decatur, Illinois.

The acquisition, partially funded with seller financing will be immediately accretive and is expected to add $10 million in annual revenues to Graymark Healthcare.

Stanton Nelson, CEO of Graymark Healthcare, said: “Our subsidiary, ApothecaryRX, is on target with its plan for growth through acquisitions. We feel that calendar year 2008 should show continued growth in both areas of our healthcare operations.”