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VITALINK ANNOUNCES ACQUISITION OF NORTHERN NURSING HOME PHARMACY

 VITALINK ANNOUNCES ACQUISITION OF NORTHERN NURSING HOME PHARMACY
 SILVER SPRING, Md., Aug. 24 /PRNewswire/ -- Vitalink Pharmacy Services, Inc. (NASDAQ: VTLK) announced today the acquisition of Northern Nursing Home Pharmacy, the institutional pharmacy division of Northern Pharmacy and Medical Equipment, Inc. Northern Nursing Home Pharmacy, with annual sales volume of approximately $5 million, is located in Baltimore, Md., and services over 2,600 institutional beds. Vitalink's existing Baltimore pharmacy which previously served 1,600 beds, will be combined with Northern's operations.
 Donna DeNardo, Vitalink's president & chief operating officer, indicated that she is pleased with the acquisition as it is consistent with Vitalink's strategic growth plan of expanding existing markets and that it brings to Vitalink an experienced pharmacist, Marty Mintz, P.D., who will manage the combined operation. DeNardo states "Dr. Mintz is customer oriented with excellent marketing skills and a quality reputation. In addition to the obvious synergies which will result from combining operations, we expect to see continued growth at this location."
 The price and terms of the transaction were not disclosed.
 Vitalink through its 10 regional institutional pharmacies currently serves over 16,000 beds in 10 states. Vitalink is 82 percent owned by Manor Care, Inc., (NYSE: MNR).
 -0- 8/24/92
 /CONTACT: Scott T. Macomber, vice president, finance and CFO, 708-369-8643, or Robert Hoffman, director, financial analysis, of Vitalink Pharmacy Services, 301-681-9400/
 (VTLK) CO: Vitalink Pharmacy Services, Inc.; Northern Nursing Home Pharmacy ST: Maryland IN: MTC SU: TNM


KD-KW -- NY050 -- 2614 08/24/92 13:25 EDT
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Publication:PR Newswire
Date:Aug 24, 1992
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