Full-Time
Posted on 1/15/2025
Entry, Junior
Salt Lake City, UT, USA + 3 more
More locations: Downers Grove, IL, USA | White Plains, NY, USA | Anaheim, CA, USA
Company Size
10,001+
Company Stage
IPO
Total Funding
N/A
Headquarters
Mechanicsville, Iowa
Founded
1882
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Tuition Reimbursement
Owens & Minor Inc., a health care logistics company, filed a complaint against Anthem Blue Cross and Blue Shield on Monday, claiming that the third-party administrator refused to provide necessary claims data and overpaid certain claims on behalf of the plan sponsor, resulting in unnecessary costs.
Owens & Minor has promoted Jonathan Leon to executive vice president, chief financial officer (CFO), effective immediately.
Janney Montgomery Scott LLC invests $358,000 in Owens & Minor, Inc. (NYSE:OMI).
Owens & Minor (NYSE: OMI) has signed a definitive agreement to acquire Rotech Healthcare Holdings for $1.36 billion in cash, with a net purchase price of approximately $1.32 billion after tax benefits. Rotech generated about $750 million in revenue with an EBITDA margin of nearly 30% in 2023. The acquisition aligns with Owens & Minor's strategy to expand in home-based care. The deal is expected to close by the end of 2024 and achieve $50 million in synergies by year three.
Under the terms of the agreement, which was unanimously approved by the Board of Directors of each company, Owens & Minor will acquire Rotech for $1.36 billion in an all-cash transaction.