Dated as of September 24, 2001







                            ASSET PURCHASE AGREEMENT



                                  by and among



                        MARINER POST-ACUTE NETWORK, INC.



                           MARINER HEALTH GROUP, INC.



                   THE MPAN SELLERS IDENTIFIED ON SCHEDULE 1A



                    THE MHG SELLERS IDENTIFIED ON SCHEDULE 1A







                                       and







                          GENESIS HEALTH VENTURES, INC.



                      NEIGHBORCARE PHARMACY SERVICES, INC.











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                                TABLE OF CONTENTS



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SECTION 1        DEFINED TERMS....................................................................................2

         1.1      Definitions.....................................................................................2

         1.2      Certain Rules of Construction...................................................................2



SECTION 2        PURCHASE AND SALE OF ASSETS......................................................................3

         2.1      Acquired and Excluded Assets....................................................................3

         2.2      Purchase Price..................................................................................5

         2.3      Preparation and Delivery of Financial Information; Calculation of Closing Payment

                  and Cash Purchase Price........................................................................10

         2.4      Contract Assumption............................................................................14

         2.5      Amounts Due Under Designated Contracts.........................................................15

         2.6      Assumed and Excluded Liabilities...............................................................15

         2.7      Allocation of Cash Purchase Price..............................................................16

         2.8      Transfer Taxes.................................................................................16

         2.9      Prorations.....................................................................................16

         2.10     Reconciliation and Allocations.................................................................17



SECTION 3        CONDITIONS TO CLOSING...........................................................................18

         3.1      Conditions Precedent to Obligations of MPAN, MHG, Sellers, GHV, and Purchaser..................18

         3.2      Conditions Precedent to Obligations of MPAN, MHG, and Sellers..................................18

         3.3      Conditions Precedent to the Obligations of GHV and Purchaser...................................19



SECTION 4        THE CLOSING.....................................................................................20

         4.1      Closing........................................................................................20

         4.2      Deliveries by MPAN, MHG, and Sellers at Closing................................................20

         4.3      Deliveries by GHV and Purchaser at Closing.....................................................22

         4.4      Delivery of Acquired Assets....................................................................22



SECTION 5        REPRESENTATIONS AND WARRANTIES OF MPAN, MHG, AND SELLERS........................................23

         5.1      Organization, Standing and Authority...........................................................23

         5.2      Transfer of Acquired Assets....................................................................23

         5.3      Real Property..................................................................................24

         5.4      Contracts......................................................................................24

         5.5      Intellectual Property Rights...................................................................26

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