Home Article Option Care pays $60M for SPNN

Option Care pays $60M for SPNN

Option Care pays $60M for SPNN

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By HME News Staff

Updated 10:02 AM CDT, Wed April 13, 2022

BANNOCKBURN, Ill. – Option Care Health has completed its acquisition of Specialty Pharmacy Nursing Network for $60 million in an all-cash transaction. SPNN will maintain its current operations and continue to serve a broad array of infusion providers, specialty pharmacies and biopharmaceutical manufacturers as a separate enterprise within Option Care Health. “I am thrilled to welcome the entire SPNN team to the Option Care Health family,” said CEO Joh Rademacher. “SPNN’s track record of growth and clinical expertise is unsurpassed and highly complementary to our relentless focus on reimagining the infusion care experience. The acquisition is a critical strategic investment to further enable our future growth.” The acquisition was originally announced in February.

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