Institutional pharmacy to create 75+ jobs in Toledo

Institutional pharmacy to create 75+ jobs in Toledo

Heartland Healthcare Services (HHS), an institutional pharmacy, has proposed an expansion project at its Toledo facility that would retain 187 jobs and create more than 75 jobs within the first three years of the project’s initial operation. The company will make a fixed-asset investment of at least $135,000, including $30,000 in leasehold improvements and $105,000 in machinery and equipment.

HHS is an Ohio general partnership, fifty percent owned. by HCR Manor Care of Toledo and fifty percent owned by Omnicare, Inc. (OCR) of Covington, Kentucky. HCR is one of the nation’s largest nursing home corporations, with a focus on sub acute and transitional nursing care, OCR is an institutional pharmacy provider. The partnership was formed on February 16, 1994 and is operated through a management committee consisting of three HCR executives and three OCR executives.

HHS established the institutional pharmacy in the City of Toledo to, support HCR facilities located in the states of Michigan and Ohio, and two institutional pharmacies in the State of Florida, which serve HCR and other longterm facilities. HHS has pharmacy locations in the cities of Toledo, Ohio; Largo, Florida; and Sunrise, Florida.

The Ohio Tax Credit Authority has approved a 55 percent, seven year tax credit to HHS for the creation of 75 new full-time jobs and the retention of 187 existing fulltime jobs resulting from the expansion project. As part of the tax credit agreement, the authority is requiring the company to maintain operations at the project site in the City of Toledo for at least fourteen years. The value of the tax credit would be more than $124,299 over the term. The credit began in January and will end December 31, 2012. Other state assistance committed to this project includes an Ohio Investment in Training Program grant.

The City of Toledo will provide local incentives in the form of a Municipal Tax Credit for personal property investment made in association with this project.

Assistance from the State of Ohio and the City of Toledo is a major factor in the company’s decision to locate this project in Ohio, according to the Ohio Department of Development (ODOD). HHS is faced with the pressure of reducing operating expenses and to operate more efficiently. HHS is reviewing the possibility of expanding in the states of Illinois, Indiana, and Pennsylvania. Key location factors such as economic incentives assistance, labor market conditions, and operating costs are being carefully reviewed and will be weighed heavily when deciding to go forward with Phase II of the proposed expansion, according to ODOD.

The new jobs HHS will create will pay an average hourly rate of $15.00 plus $4.00 in benefits. Heartland Healthcare Services has committed to hiring at least 10 percent disadvantaged and/or minority persons, as defined by the Ohio Administrative Code.

HHS’s pharmaceutical offerings include: billing services, clinical services, customer services, infusion services, material safety data sheets, and pharmacy news.

HHS operates a division called Heartland Repack Services, LLC, which provides pharmaceutical packaging solutions. This allows Omnicare Pharmacies to save on labor, cut costs, increase inventory control, and assure quality, according to the company.

Approved by the Food and Drug Administration (FDA), Heartland Repackaging adheres to current Good Manufacturing Practices (cGMPs), according to the company. In addition, HHS is licensed by the Drug Enforcement Administration (DEA) to package controlled substances.

Copyright Telex Communications, Inc. Mar 01, 2006

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