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Tag: Home Infusion Therapy


John Rademacher

Specialty Providers

Option Care credits new therapies, infusion suites for growth

November 12, 2021Theresa Flaherty, Managing Editor

BANNOCKBURN, Ill. – Option Care Health recorded its second straight quarter of “high-teens growth” for its chronic therapy portfolio and sees ongoing opportunity in the $100 billion market, says CEO John Rademacher.  “We did have some new therapies that were introduced that we continue to see traction on moving forward,” he said on a recent call to discuss the company’s third quarter earnings. “I think, as we have defined the market, it's $100...

Home Infusion Therapy, John Rademacher, Option Care


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Option Care invests for future growth

Specialty Providers

Option Care invests for future growth

November 4, 2021HME News Staff

BANNOCKBURN, Ill. – Option Care Health reported net revenue of $891.9 million and gross profit of $203 million for third quarter of 2021, compared to $781.6 million and $174.2 million, respectively, in the same quarter last year.  Net income was $35.5 million vs. $1.7 million. Adjusted EBITDA was $78 million vs. $59.2 million.  “The third quarter results reflect the dedication of the entire team and our ability to generate profitable growth and significant cash flow,”...

Home Infusion Therapy, John Rademacher, Option Care Health


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Greg Lopresti

Specialty Providers

COVID infusion therapy shifts to the home

October 29, 2021Theresa Flaherty, Managing Editor

YARMOUTH, Maine – The Delta variant of COVID-19 has accelerated demand for monoclonal antibody therapy provided in the home, say home infusion providers, who are stepping up to meet that demand.  “Hospitals don’t have the bandwidth and they don’t want the patients in their settings,” said Greg LoPresti, CEO of Upstate HomeCare in Syracuse, N.Y. “Their intake process takes a long time compared to us. We’ve taken a lot of the caseloads off hospitals.”  In...

COVID-19, Home Infusion Therapy, Monoclonal antibody therapy, Upstate HomeCare


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Connie Sullivan

Also Noted

Registration opens for NHIA conference

October 28, 2021HME News Staff

ALEXANDRIA, Va. – Registration is now open for the National Home Infusion Association’s 2022 Annual Conference, scheduled for March 12-16, 2022, at the Gaylord Opryland Resort & Convention Center in Nashville, Tenn. “NHIA is thrilled to bring the home and specialty infusion community back together for our 2022 Annual Conference,” said Connie Sullivan, president and CEO. “We’ve missed our colleagues and friends and look forward to learning and networking with one...

Home Infusion Therapy, National Home Infusion Association


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Also Noted

Soleo Health opens specialty center

September 15, 2021HME News Staff

FRISCO, Texas – Soleo Health has opened a Thyroid Eye Disease Therapeutic Care Management Center. Soleo Health’s TCMCs are designed to support patients nationally with specific complex conditions, including rare and ultra-rare diseases and the respective therapies used to treat them. “We created our TED TCMC to provide clinical expertise and a support system for patients, caregivers and physicians nationwide,” said Drew Walk, CEO. “Our TCMCs provide a consistent patient...

Drew Walk, Home Infusion Therapy, Soleo Health


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Also Noted

NHIA to publish scholarly journal for infusion therapies

September 13, 2021HME News Staff

ALEXANDRIA, Va. – The National Home Infusion Association will launch a new peer-review publication, Infusion Journal. The new scholarly journal will feature independent research and studies related to infused therapies, patient outcomes, medication safety, economic analyses and case studies. “Our provider organizations are operating in a unique and growing health care sector that is underrepresented in the academic-style publishing area,” said Connie Sullivan, president of NHIA....

Home Infusion Therapy, journal, National Home Infusion Association


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Also Noted

Infusion stakeholders send letter supporting infusion bills

September 9, 2021HME News Staff

WASHINGTON – The National Home Infusion Association and more than 20 other organizations have sent a letter to Congress supporting legislation that would ensure access to home infusion therapy for Medicare beneficiaries. The Preserving Patient Access to Home Infusion Act, introduced in August in both the House of Representatives and the Senate, provides important clarifications to the 21st Century Cures Act that will ensure Medicare recognizes the full spectrum of professional services that...

Home Infusion Therapy, National Home Infusion Association


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Also Noted

Option Care Health announces stock offering

September 8, 2021HME News Staff

BANNOCKBURN, Ill. – Option Care Health announced that an affiliate of Madison Dearborn Partners, the selling stockholder, has agreed to sell 9.2 million shares of the company’s common stock at $26.90 per share in an underwritten public offering. This sale of shares represents approximately 5.1% of the current shares outstanding. Consistent with the August 2021 secondary offering, Madison Dearborn Partners and Walgreen Co., a wholly owned subsidiary of Walgreens Boots Alliance, Inc., have...

Home Infusion Therapy, Option Care Health, walgreens


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Specialty Providers

NHIA submits comments on home health rule

September 1, 2021HME News Staff

WASHINGTON – The National Home Infusion Association has submitted comments to a final rule saying it is disappointed that CMS has not revisited the Medicare Part B home infusion benefit.  The CY 2022 Home Health Rule outlines proposed coverage and policy changes for home infusion and other post-acute services.    The NHIA’s key concern with the current benefit: the requirement that a nurse or other health care professional be present in the patient’s home for...

Home Infusion Therapy, National Home Infusion Association, NHIA


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News

In brief: CMS alert, home infusion bill, Quipt earnings

August 27, 2021HME News Staff

WASHINGTON – Industry stakeholders are pushing back on a CMS alert that, they say, makes it seem like patients can get CPAP devices and ventilators affected by a recent Philips recall replaced or repaired right away.  The alert states: “If you would like to replace or repair your equipment, the supplier you bought the equipment from is responsible for replacing or repairing rental equipment at no cost to you when the equipment is less than five years old. If the equipment is more...

Home Infusion Therapy, Philips Recall, Quipt Home Medical


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