Tag: Drew Walk

FRISCO, Texas - A new program that seeks to get patients started on infusion therapy without a hospital visit is coinciding with an inflection point in health care created by the ongoing pandemic, says Soleo Health CEO Drew Walk.As COVID cases spike in certain markets across the country, hospitals are looking for alternatives to bringing patients in for treatment, he says.“The value of home infusion has been accelerated,” he said. “They now feel more comfortable keeping the patients...

MCKINNEY, Texas - Soleo Health has been focused on growing organically, but it's now at a size where it makes sense to pursue tuck-in acquisitions, says CEO Drew Walk.Soleo made its first such buy in November when it acquired Dayton, Ohio-based Paragon Infusion Therapy, which has a presence in southeast Ohio and throughout Indiana and Kentucky.“We took a step back last summer to do a five-year strategic plan and feel the next level includes layering in some acquisitions, along with continued...

MCKINNEY, Texas - Soleo Health has been on an aggressive growth path since its launch in 2014, adding locations and therapies, says CEO Drew Walk.“We've gone from being a startup to having a really nice platform that allows us to service patients all over the country for complex infusion therapy,” he said. “We think we have a lot more opportunity over the next three to five years to continue that growth and it puts us in a good competitive place in terms of the market that we've...

MCKINNEY, Texas - Soleo Health has carved a niche for itself as a provider of both specialty pharmacy and home infusion services to fill a void in the market created by consolidation, says CEO Drew Walk.The home infusion space, in particular, has seen several large deals, including the sale of Coram to CVS in 2013.“We felt some things were missing from a service component that are extremely important for these complex therapies,” he said. “Home infusion is a very local market—you...

WASHINGTON - It's not a perfect fix, but a new bill that would create a “temporary transitional payment” for home infusion drugs is a step in the right direction, say industry leaders.Per the bill, introduced by Reps. Pat Tiberi, R-Ohio, and Bill Pascrell, D-N.J., the payment would kick in Jan. 1, 2019, helping to provide some relief from a payment gap created by the 21st Century Cures Act.“It's in line with what we were looking for,” said Ken van Pool, vice president of legislative...

MCKINNEY, Texas - Home infusion provider Soleo Health says it remains committed to taking care of patients while it waits for Congress to fix a “payment gap,” but it can't wait four years.“There's no question there's been a big financial impact,” said Drew Walk, CEO of Soleo Health, which recently released a white paper detailing the impact on patients of changes to the benefit in the 21st Century Cures Act. “We've had to make changes to our cost structure.”Per...