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Tag: Home Infusion Therapy


Drew Walk

Also Noted

Soleo Health earns Gold Seal

November 10, 2022HME News Staff

FRISCO, Texas – Soleo Health has been awarded Gold Seal of Approval from The Joint Commission for three programs. It has been awarded new accreditations for both home infusion therapy and specialty pharmacy, and re-accreditation for home care – each valid for 36 months. The Gold Seal is a symbol of quality that reflects a health care organization’s commitment to providing safe and quality patient care.  “Our focus on clinical excellence, quality care and patient safety...

Drew Walk, Home Infusion Therapy, Joint Commission, Soleo Health


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InfuSystem’s ITS business drives Q3 growth

November 9, 2022HME News Staff

ROCHESTER HILLS, Mich. – InfuSystem Holdings reported net revenues of $27.3 million for the third quarter, an increase of 3% over the same period the prior year. Integrated Therapy Services (ITS) net revenue was $17.4 million, an increase of 5% vs. the prior year. Durable Medical Equipment Services net revenue was $9.9 million, a decrease of 1% vs. the prior year. “The financial performance for the third quarter was solid with record revenue of $27.3 million and strong gross margin of...

Home Infusion Therapy, InfuSystem Holdings


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In brief: Reimbursement relief, home infusion access, additional consolidation

November 4, 2022HME News Staff

WASHINGTON – VGM Government Relations is urging providers to reach out to Rep. Richard Neal, D-Mass., the chairman of the House Ways and Means Committee, asking for the DMEPOS Relief Act of 2022 to be included in an end-of-year package.   Introduced in February, H.R. 6641 would extend a 90/10 blended reimbursement rate for the 13 product categories excluded from Round 2021 of competitive bidding through Dec. 31, 2023. The bill currently has 25 co-sponsors.  “HME suppliers...

BOC, DMEPOS Relief Act, Home Infusion Therapy, Home Medical Equipment, Medtrade, Next Day Access, NHIA


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John Rademacher

Specialty Providers

Option Care extends operational footprint

October 28, 2022Theresa Flaherty, Managing Editor

BANNOCKBURN, Ill. – Health system partnerships fueled third quarter growth at Option Care Health, and the acquisition of Rochester Home Infusion will further accelerate that growth, said company execs on a recent earnings call.  The company paid $27.4 million for the Rochester, Minn.-based RHI at roughly a low double-digit adjusted EBITDA multiple. RHI’s relationships in Rochester and across the Upper Midwest region are “highly complementary” to Option Care’s...

Home Infusion Therapy, Option Care Health, Rochester Home infusion


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John Rademacher

Specialty Providers

Option Care Health surpasses $1B mark in Q3

October 27, 2022HME News Staff

BANNOCKBURN, Ill. – Option Care Health reported net revenue of just over $1 billion for the third quarter of 2022, an increase of 14.5% compared to $891.9 million for the third quarter of 2021.  Gross profit for the quarter was $218 million, or 21.4% of net revenue, up 7.4% compared to $203 million, or 22.8% of net revenue, in the third quarter of 2021.   “The Option Care Health team continued to execute on our commitment to delivering extraordinary care to our patients,”...

Home Infusion Therapy, Option Care Health


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Connie Sullivan

Also Noted

NHIA launches 2023 event

October 27, 2022HME News Staff

ALEXANDRIA, Va. – The National Home Infusion Association has opened registration for its 2023 Annual Conference scheduled for March 25-29 at the Gaylord National Resort & Convention Center in Washington, D.C. The event will feature four days of education content on topics selected by industry leading experts. It will also feature eight dedicated hours at an expo with the latest products and services to improve business operations and patient care. “NHIA is excited about opening registration...

Home Infusion Therapy, National Home Infusion Association


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Virtis Health opens AIC in Atlanta

October 13, 2022HME News Staff

NORCROSS, Ga. – Virtis Health, a division of Soleo Health, has opened an ambulatory infusion center in the Atlanta area. “The opening of the new Virtis Health Atlanta AIC, combined with Soleo Health’s complex specialty pharmacy services, affords the company yet another opportunity to extend its abilities and clinical expertise to bring highly personalized care to patients and providers alike,” said Jennifer Joiner, RN, VSN, regional vice president. “Since we offer additional...

Home Infusion Therapy, Soleo Health, Virtis Health


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In brief: FDA update, F&P prediction, home infusion access

August 26, 2022HME News Staff

WASHINGTON – The U.S. Food and Drug Administration updated its safety communication for the Philips recall this month, saying it received more than 48,000 medical device reports, including 44 reports of death, associated with the foam breakdown or suspected foam breakdown in certain CPAP devices from May 1, 2022, through July 31, 2022.  The agency previously reported in May that it received more than 21,000 MDRs, including 124 reports of death, associated with the foam breakdown...

Fisher & Paykel Healthcare, Home Infusion Therapy, Philips Recall


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John Rademacher

Specialty Providers

Option Care Health reports double-digit increases

July 27, 2022HME News Staff

BANNOCKBURN, Ill. – Option Care Health reported net revenues of $980.8 million for the second quarter ended June 30, 2022, a 14% increase compared to the same period last year.  Gross profit was $216.9 million, or 22.1% of net revenue, up 9%. Adjusted EBITDA was $85.2 million, or 8.7% of net revenue, up 17%. Cash flow from operations was $104.4 million.  “Overall, the second quarter was very productive for the Option Care Health team,” said CEO John Rademacher. “We...

Home Infusion Therapy, Option Care Health


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Pneuma Systems taps home infusion pioneer

June 23, 2022HME News Staff

PORTSMOUTH, N.H. – Pneuma Systems Corp. has named Stanley Chamallas as director of infusion therapy process improvement for home care. Chamallas was one of a handful of pioneering pharmacists that created the now well-established field of home infusion therapy, helping to develop early methods for bulk preparation of intravenous nutrition products. Pneuma plans to support a network of Centers of Infusion Excellence where therapies are carried out in controlled environments under intense observation....

Home Infusion Therapy, Pneuma Systems, Stanley Chamallas


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