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ExcelleRx is a specialized pharmacy benefit management (PBM) company that focuses on the hospice and palliative care sectors. Founded in 1996 and headquartered in Philadelphia, the company is best known for its Hospice Pharmacia brand, which provides clinical pharmacist consultation and medication distribution services to hospice patients. The company's model is designed to optimize medication therapy, improve patient outcomes at the end of life, and manage costs for hospice organizations. ExcelleRx was acquired by Omnicare in 2005 for approximately $269 million and subsequently became part of CVS Health following Omnicare's acquisition in 2015. Today, its services continue to support thousands of hospice patients across the United States through integrated clinical and distribution networks.
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