Tag: AxelaCare

MURRAY HILL, N.J. - C.R. Bard, a manufacturer of medical devices for vascular, urology, oncology and surgical specialty fields, announced last week that it has acquired Liberator Medical for $181 million.Liberator is a director-consumer-provider of home medical supplies, including catheters, ostomy, diabetes and mastectomy.“As the population ages and more healthcare is expected to occur outside of the hospital setting, we believe that having direct access to the patient in the home is strategically...

EDEN PRAIRIE, Minn. - OptumRx, the pharmacy care services business owned by Optum, has acquired AxelaCare Health Solutions, a provider of home infusion solutions, the company announced this week. “AxelaCare's at-home services will enable us to more effectively support the growing number of people managing complex conditions, many of whom require infusions that increasingly involve higher-cost specialty medications," said Larry Renfro, Optum CEO, in a release. Founded in 2008, Lenexa,...

LENEXA, Kan. - AxelaCare in February acquired ARC Infusion and has two more deals in the pipeline as it looks to pump up its geographic reach, say company execs.With the acquisition of the Los Angeles-based ARC, AxelaCare now has 15 pharmacies that stretch from the West Coast to the East Coast and provide both acute and chronic home infusion services.“It looks like the typical consolidation of a fragmented market, but the bigger benefit is really that care focus,” said David Schaefer,...

WASHINGTON - The number of beneficiaries receiving PAP devices for a one-year time period grew 13%, while the total number of beneficiaries receiving all DMEPOS items during the same period fell 1%, according to a recently released comparative billing report. Compiled by eGlobal Tech and Palmetto GBA, the report used data from claims processed by the DME MACs between July 2012 and June 2013. They also found allowed charges on PAP devices rose 23%, when allowed charges for all DMEPOS items fell by...

LENEXA, Kan. - AxelaCare, a specialty home infusion provider, has acquired Los Angeles-based ARC Infusion, bringing its number of total pharmacies to 15, according to a release. “ARC Infusion is a great addition for us as it builds our presence in California in both the IG and acute home infusion markets” said Ted Kramm, AxelaCare CEO, in the release. “We are continuing to actively pursue acquisitions in California, as well as other states, to increase our geographic and product...

YARMOUTH, Maine - Demand for home infusion companies at both ends of the scale was strong in 2013, say analysts.“There's bigger deals and then there's the bolt-on acquisitions,” said Reg Blackburn, managing director of specialty pharmacy and infusion services for The Braff Group. “There's not a lot in the middle.”The big news in 2013 was the sale of Coram to CVS Caremark in November for $2.1 billion. Other notable deals include BioScrip's acquisitions of CarePoint Partners...

INDIANAPOLIS - Prior authorization requests submitted as part of the PMD demo are being denied because of conflicting information in face-to-face exams and other medical records, and insufficient face-to-face exam information, National Government Services (NGS) announced in a recent bulletin. The list of reasons covers denials as of Oct. 24. NGS says face-to-face exams often do not specify: how a PMD will sufficiently improve the beneficiary's daily life; what are the beneficiary's mobility limitations...