The amount of the transaction was not disclosed.
Founded in 2000 and led by President and CEO Jim Smith, QoL operates specialty pharmacies across the country and is focused on serving the needs of the mental health community. It partners with mental health centers to integrate on-site pharmacy services in the delivery of care. In addition to medication dispensing, The company also offers a suite of services including medication assistance and monitoring, outcomes and adherence reporting, customized packaging, patient education, assistance with reimbursement and clinical coordination, and 340b services.
It currently operates 87 pharmacies nationwide.