Cencora Acquires Retina Consultants of America for $4.6B
Slice of Healthcare Team
Nov 08, 2024
Key Highlights
- Cencora to acquire RCA for $4.6 billion, expanding its MSO solutions.
- RCA to retain minority ownership; Cencora holds 85%.
- Transaction to be accretive by $0.35 to adjusted diluted EPS in the first 12 months post-closing.
- RCA brings nearly 300 specialists across 23 states and a clinical network with 40 trial sites.
- New partnership to enhance retinal care innovations and broaden value across stakeholders.
Source: Business Wire
Notable Quotes
“ The acquisition of RCA will allow Cencora to broaden our relationships with community providers in a high growth segment and build on our leadership in specialty. ”
Bob Mauch, President & CEO at Cencora
“ With additional resources to support the continued execution of our growth strategy, we will be better positioned to continue expanding our physician network and enhancing the quality of care we provide. ”
Robby Grabow, CEO at RCA
“ Our cultural alignment and shared focus on driving innovation will allow us to unlock new opportunities together and advance the caliber of retina care.” Co-Chair of Retina Consultants of America's Medical Leadership Board at Retina Consultants of America (RCA) ”
David Brown, MD,
