Tag: Home Infusion Therapy

WASHINGTON – Registration for this year’s 2023 Annual Conference is “booming,” says Jennifer Charron of the National Home Infusion Association, who says it really underscores the value of face-to-face meetings.  This year’s conference – the second in-person event since the COVID-19 pandemic – will build in extra time for that social interaction, says Charron, COO.  “We saw last year how grateful people were to be together,” she...

OVERLAND PARK, Kan. – WellSky has expanded its partnership with Option Care Health Inc. to accelerate innovations and workflow enhancements within WellSky’s infusion and specialty pharmacy platform, CareTend. Option Care will implement the software across its more than 160 locations. “Our decision to select WellSky’s CareTend as our go-forward platform was pivotal to our core value of delivering comprehensive infusion care resulting in greater operating efficiencies and higher...

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...

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...

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...

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...

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,”...

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...

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...

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...