TwelveStone Health Partners plans corporate headquarters, 200 jobs in Murfreesboro (TN)

MURFREESBORO, Tenn. — TwelveStone Health Partners will invest $14.9 million into a new corporate headquarters and create 200 new jobs with plans to expand TwelveStone’s services to all 95 Tennessee counties from its existing 44-county service area footprint.

“The history of Reeves-Sain has always involved taking a leadership role in development of new markets and approaches for the pharmacy and medical supply business,” says Shane Reeves, president and CEO of TwelveStone Health Partners, Inc. “That spirit continues today with TwelveStone.”

“We appreciate TwelveStone Health Partners for its ongoing commitment to Tennessee and creating 200 new jobs,” said Gov. Bill Haslam. “The momentum of Tennessee’s healthcare industry is strengthened not only when companies locate in our state, but also when they decide to expand and grow here. We congratulate TwelveStone on today’s announcement and thank the company for bringing us one step closer toward making Tennessee the No. 1 location in the Southeast for high quality jobs.” – See more at: http://tn.gov/news/37523#sthash.gTY7YEUX.dpuf

The launch of TwelveStone Health Partners is a result of last year’s acquisition of Reeves-Sain Drug Store, Inc. and EntrustRx, its specialty pharmacy business by Fred’s Inc. Former business partner Rick Sain will remain at Reeves-Sain Retail Pharmacy (Fred’s) as Senior Vice President of Retail Pharmacy Business Development. The Fred’s transaction did not include Reeves-Sain Family of Medical Services, Inc., Reeves-Sain Extended Care, LLC or Reeves-Sain Medical, Inc.

These businesses will operate as TwelveStone Health Partners moving forward. TwelveStone will offer packaged medication, infusion and enteral services, respiratory therapy services and durable medication equipment.

Source: PR Web

Source: Gov. Haslam’s office

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