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Option Care invests for future growth

Option Care invests for future growth

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,” said John Rademacher, CEO. “While navigating the current pandemic situation, we are investing for future growth, including the recently announced acquisition of Infinity Infusion Nursing.” 

Option Care in October announced it had acquired Infinity for $50 million. 

For the full year 2021, Option Care Health is revising its financial guidance as follows: 

  • Net revenue of $3.35 billion to $3.50 billion (unchanged); 
  • Adjusted EBITDA of $283 million to $288 million; and 
  • Cash flow from operations of at least $180 million.


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