Tag: Home Infusion

YARMOUTH, Maine – With demand for home infusion growing, it’s no surprise that some health systems seek to extend their reach into that market and they’re doing it with the help of big names like AmerisourceBergen, say M&A analysts.  In April, AmerisourceBergen, a global health care company focused on pharmacy services, announced the launch of a program to help hospitals and health systems create or optimize home infusion service lines.   “Hospitals are...

CHARLESTON, S.C. – The Medical University of South Carolina has included Palmetto Infusion in its preferred provider network to increase access to quality care for home infusion patients and their families across the state. MUSC will use Palmetto Infusion’s services for patients in need of home and/or ambulatory infusion therapies to give people living with acute and chronic illnesses a convenient, more affordable way to receive treatment. “We are delighted to work more closely...

BANNOCKBURN, Ill. – Option Care Health reported revenue of $915.8 million for the first quarter of 2022, an increase of 20.6% compared to the same period in 2021.  Gross profit was $200.9 million, an increase of 21.4% compared to the same quarter in 2021. Adjusted EBITDA was $77.8 million and cash flow from operations was $32.7 million.  “Despite a dynamic start to the year and ongoing pandemic disruption, the Option Care Health team executed exceptionally to ensure high...

CONSHOHOCKEN, Pa. – AmerisourceBergen has launched a program to help hospitals and health systems create or optimize home infusion service lines. Each phase of AB’s solution is designed to help health systems deploy and operate a clinically-focused, sustainable home infusion program for patients that choose to receive care within a health system network, the company says. While the infusions will be handled by the health systems’ clinical teams directly, AB’s solution serves...

NEW YORK – CarepathRx, a provider of health system pharmacy and medication management solutions, has announced a comprehensive home infusion pharmacy partnership with Mount Sinai Health System, New York City’s largest academic health system. This multi-year agreement will expand patient access to home infusion therapies across the Mount Sinai Health System, encompassing its eight hospitals and ambulatory footprint. “Mount Sinai is a leader in advancing hospital-level care at home...

ALEXANDRIA, Va. – The National Home Infusion Association has submitted comments on California SB 958, The Medication and Patient Safety Act, supporting amendments that would allow infused medications to be administered in the patient’s home when the physician and patient determine it is in the patient’s best interest. “NHIA objects to any efforts to restrict access to home infusion and rejects language that implies office-based infusions are safer than administering medications...

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...

ALEXANDRIA, Va. – The National Home Infusion Foundation has launched Infusion Journal, a scholarly publication featuring independent research and studies on infused therapies, patient outcomes, medication safety, economic analyses and case studies. The inaugural issue features the findings of a first-of-its-kind time study of home infusion pharmacist professional services. Using time utilization data collected in a NHIF-sponsored multi-center study, researchers determined infusion pharmacists...

CERRITOS, Calif. – Dr. Sohail Masood has received many accolades in his more than 30 years in the home infusion industry, but the most recent – the 2022 Gene Graves Lifetime Achievement Award from the National Home Infusion Association – is the most meaningful, he says.  “This one is really my peers telling me what I have done means a lot,” said Masood, founder and CEO of KabaFusion. “It has nothing to do with how much money you make; it’s really...

NORCROSS, Ga. – Soleo Health has relocated its Atlanta pharmacy four miles to a new 7,200-square-foot facility in Norcross, Ga. The new facility, double the size of the former facility, features an expansive specialty pharmacy with a custom-built ISO 5 clean room and five private ambulatory infusion suites for patients receiving complex biologic and infusion therapies. “Our expansion in the Atlanta area directly results from our need to better accommodate the increased patient demand...