Skip to Content

Tag: Mike Shapiro

John Rademacher

Specialty Providers

Option Care: Higher costs are ‘new world order’

February 24, 2023Theresa Flaherty, Managing Editor

BANNOCKBURN, Ill. – Option Care Health closed out 2022 with $294 million in cash on hand, despite inflationary pressures across the broader economy, said company execs on a recent call to discuss their financial results.  Conservatively, the company “digested” more than $40 million in year-over-year cost pressures in labor, medical supplies, oil-derived products and operating inputs. Those increased costs are likely here to stay, says CFO Mike Shapiro.  “We...

Home Infusion Therapy, John Rademacher, Mike Shapiro, Option Care Health

Read Full Articlered right arrow icon