Tag: Infusion
ACU-Serve expands infusion reach with Pinnacle partnership
August 5, 2025HME News Staff
AKRON, Ohio – ACU-Serve has merged with Pinnacle Revenue Management, a provider of home infusion and ambulatory infusion center billing services.
"This merger marks a pivotal moment for both ACU-Serve and the infusion industry,” said Jim Knight, president and CEO of ACU-Serve. “By uniting our expertise, talent and technology, we are not only setting a new benchmark for excellence and innovation but also reaffirming our commitment to high-touch service and operational...
InfuSystem posts ‘strong’ quarter on back of core biz
August 5, 2025HME News Staff
ROCHESTER HILLS, Mich. – InfuSystem Holdings reported net revenue of $36 million for the second quarter of 2025, a 7% increase compared to the same period last year.
Of that, Patient Services net revenue was $21.5 million, a 6% increase, reflecting continued strength in its core oncology business. Device Solutions net revenue was $14.5 million, an 8% increase, primarily driven by its direct rental business following the strategic investment made last year to address increased demand...
AdaptHealth sells off infusion assets
July 1, 2025HME News Staff
CONSHOHOCKEN, Pa. – AdaptHealth has completed the sale of certain infusion assets in its Wellness at Home segment to a third party.
The move was previously disclosed and the transaction was completed in June.
“The disposition of certain infusion assets marks yet another significant step in our effort to sharpen our strategic focus by exiting ancillary product lines,” said Suzanne Foster, CEO. “Additionally, the sale advances our commitment to debt reduction...
ACU-Serve, TANYR unite
June 17, 2025HME News Staff
AKRON, Ohio – ACU-Serve has acquired TANYR, a provider of revenue cycle management services to the infusion industry.
ACU-Serve says TANYR’s infusion-focused capabilities are a natural complement to its comprehensive RCM solutions, enhancing its ability to deliver results across the continuum of post-acute care.
“We are thrilled to welcome the TANYR team into the ACU-Serve family,” said Jim Knight, CEO of ACU-Serve. “(The company has) built an outstanding...
InfuSystem positioned for ‘successful year’
May 12, 2025HME News Staff
ROCHESTER HILLS, Mich. - InfuSystem Holdings has reported net revenues of $34.7 million for the first quarter of 2025, a 9% increase compared to the same period last year. Of that, Patient Services net revenue was $20.8 million, a 12% increase, and Device Solutions was $13.9 million, a 4% increase. It reported net loss of $300,000 this year vs. $1.1 million last year. “I’m very pleased to report 2025 is off to an excellent start demonstrating solid growth,” said Richard Dilorio,...
Soleo Health secures Qfitlia
April 14, 2025HME News Staff
FRISCO, Texas – Soleo Health has been named the exclusive in-network specialty pharmacy for Qfitlia (fitusiran) by Sanofi, the first antithrombin-lowering therapy for hemophilia. The U.S. Food and Drug Administration recently approved its use for routine prophylaxis to prevent or reduce the frequency of bleeding episodes in adult and pediatric patients with hemophilia A or B with or without factor VIII or IX inhibitors. "We are pleased to be selected by Sanofi to help bring its first-of-its-kind...
Specialty pharmacy group names new president
January 9, 2025HME News Staff
WAKEFIELD, Mass. – The Health System Owned Specialty Pharmacy Alliance (HOSP), a network of leading health systems and supporting businesses dedicated to advocating for superior patient care and outcomes through integrated health system specialty pharmacies, has appointed Tim Affeldt, PharmD, vice president of specialty/infusion operations for Fairview Pharmacy Services, as its new president. The alliance says Affeldt brings a wealth of experience and passion for advancing specialty pharmacy,...
In brief: Owens & Minor’s FTC request, CVS Health’s exit, Medically Home’s leadership
October 16, 2024HME News Staff
RICHMOND, Va. – Owens & Minor and Rotech Healthcare on Oct. 11 each received a request for additional information and documentary materials from the Federal Trade Commission in connection with its review of the merger of the two companies.
The effect of a second request is to extend the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, until 30 days after each of the companies has substantially complied with the second request issued to...
CVS Health plans infusion exit
October 15, 2024HME News Staff
NEW YORK – CVS Health plans to exit its core infusion services business in the coming months, according to Reuters. The company also plans to close or sell 29 related regional pharmacies, it says. CVS Health on Oct. 8 stopped taking new patients seeking antibiotics, drugs supporting muscular health and intravenous nutrition services, Shelly Bandit, a senior manager of corporate communications, told Reuters. The company will continue to provide specialty medications and enteral nutrition, or...
Deal allows MTPS to expand LTC business, TwelveStone to focus on infusion
September 9, 2024HME News Staff
SHELBYVILLE, Tenn. - Middle Tennessee Pharmacy Services has acquired the long-term care and MEDIpack service lines of TwelveStone Health Partners. The deal will enable MTPS to better serve residents in assisted living, skilled nursing and behavioral health communities, as well as individuals with intellectual and developmental disabilities and outpatient consumers, throughout Tennessee, southern Kentucky and northern Alabama. "We share TwelveStone’s commitment to exceptional customer service...