Two large providers in Iowa merge

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Tuesday, June 6, 2017

CONRAD, Iowa – NuCara Pharmacy & Home Medical, headquartered here, has acquired Hammer Medical Supply, headquartered in Des Moines, Iowa, according to the Times Republican. Per the deal, Hammer Medical Supply will continue operating its nine locations under its own name. Three of the four owners of Hammer Medical Supply—Rick Johnson, Kurt Johnson and Mark Johnson—will retire, and the remaining owner, Terry Flatt, will stay on as a stockholder and Hammer’s CEO. “The Johnsons were ready to retire, and we didn’t want the company to dissolve,” Flatt told the newspaper. Together, NuCara and Hammer Medical Supply now have more than 30 locations in five states and employ more than 400 people. NuCara, which stated as a small pharmacy, entered the HME and supply industry in 1981.