Infusion Therapy

Infusion therapy involves the administration of medication through a needle or catheter. It is prescribed when a patient’s condition is so severe that it cannot be treated effectively by oral medications. Typically, “infusion therapy” means that a drug is administered intravenously, but the term also may refer to situations where drugs are provided through other non-oral routes, such as intramuscular injections and epidural routes.   “Traditional” prescription drug therapies commonly administered via infusion include antibiotic, antifungal, antiviral, chemotherapy, hydration, pain management, and parenteral nutrition. Infusion therapy is also provided to patients for treating a wide assortment of often chronic and sometimes rare diseases for which “specialty” infusion medications are effective. While some have been available for many years, others are newer drugs and biologics. Examples include blood factors, corticosteroids, erythropoietin, infliximab, inotropic heart medications, growth hormones, immunoglobulin, natalizumab and many others.

Home and specialty infusion service providers offer services provided in the outpatient setting, typically in the patient’s home or an infusion suite or clinic (AIC).

Since the 1980s, this industry has seen tremendous growth despite challenges with a comprehensive benefit from Medicare. Administration of medications in the home or infusion suite has been shown to be a safe and cost-effective method of treating most patients with minimal intrusion on their everyday lives. In recent years, there has been a grassroots effort to work with lawmakers to improve patient access to home and specialty infusion pharmacy services in these sites of care. Commercial payors have recently instilled site of care policies moving high-cost infusions to the home setting and as a result are seeing tremendous savings.

Home infusion has been proven to be a safe and effective alternative to inpatient care for a variety of therapies and disease states, both acute and chronic. For many patients, receiving treatment at home or in an infusion suite is preferable to inpatient care. This industry is continuing to grow now and into the future as more therapies are approved and quality outcomes are seen for home infusion patients.

M&A Transaction Activity

Below are M&A transaction activities which has been compiled from our work with businesses within this sector and our independent research in publicly available information.  For additional information, please contact us here.

Merger and Acquisition Transactions

Frazier Healthcare Acquires Southside Pharmacy

Frazier Healthcare Growth Buyout Acquires Southside Pharmacy November 3, 2017 – Frazier Healthcare Partners (“Frazier”) is pleased to announce the close of the acquisition of a majority ownership stake in Southside…
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Diplomat Acquires Focus Rx Specialty & Infusion Pharmacy

FLINT, Mich., Sept. 11, 2017 /PRNewswire/ — Diplomat Pharmacy, Inc. (NYSE: DPLO), has completed its acquisition of Focus Rx Pharmacy Services Inc., a specialty and infusion pharmacy with two locations in…
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Diplomat Expands With Focus Rx Acquisition

Diplomat Pharmacy, Inc. (NYSE: DPLO), has completed its acquisition of Focus Rx Pharmacy Services Inc., a specialty and infusion pharmacy with two locations in New York state.  Focus Rx is a customer-focused…
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ProMedica Acquired By CVS Pharmacy

CVS Pharmacy will be acquiring six Ohio outpatient pharmacy locations from ProMedica, with plans to close five of them. CVS Pharmacy will take over operations at ProMedica Pharmacy Counter in…
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Halifax Group Acquires PromptCare

The Halifax Group (“Halifax”) announced that it has completed, in partnership with management, an investment in The PromptCare Companies, Inc. (“PromptCare” or the “Company”), a leading regional provider of respiratory…
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ICU Gets Infused With Business Acquisition From Hospira

ICU Medical, Inc. and Pfizer, Inc. have entered into a definitive agreement under which ICU Medical will acquire Hospira Infusion Systems (Pfizer’s global infusion therapy business) for $1 billion. The…
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Solutions Moves Its Home Into BioScrip

Following the announcement of the acquisition of HS Infusion Holdings, Inc. (Home Solutions), by BioScrip, Inc, (Nasdaq: BIOS) in June, the deal has been finalized. BioScrip, a national provider of…
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Pharmacy Solutions Selects Strategic Option

Paragon Ventures is pleased to announce the acquisition of Pharmacy Solutions, Your Infusion Experts. Pharmacy Solutions is an established home infusion pharmacy services provider with strong referral relationships and a…
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PharMerica Corporation

PharMerica Corporation a diversified national provider of institutional and specialty pharmacy services, recently announced that it has completed two transactions. In addition to the acquisition of Integrated Pharmacy Network, a…
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Harvest Partners

New York-based private equity firm Harvest Partners has completed the sale of AxelaCare Health Solutions to OptumRx, the pharmacy care services business of Optum. Terms of the transaction have not…
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PharMerica Corporation

PharMerica Corporation (NYSE:PMC), a national provider of institutional, specialty home infusion, hospital and oncology pharmacy services, announced today that it has completed the acquisition of McGuire Group Pharmacy (“McGuire”). Terms…
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DaVita HealthCare Partners Inc

DaVita HealthCare Partners Inc (Denver, CO) entered into an agreement to acquire Renal Ventures Limited LLC (Lakewood, CO) for $415 million. The transaction includes a 100 percent interest in all…
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Diplomat Pharmacy Inc.

Diplomat Pharmacy Inc. (NYSE: DPLO), the nation’s largest independent specialty pharmacy, shas an agreement to acquire a smaller specialty pharmacy, Cincinnati-based BioRx LLC. Under the agreement, Diplomat will purchase BioRx…
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Universal Software Solutions

Universal Software Solutions announced a partnership with Prometheus Group, an outcomes-based billing services provider. The partnership will benefit healthcare providers using Universal Software Solutions’ HealthcareData Management System (HDMS), in the…
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InfuSystem Holdings Inc

InfuSystem Holdings Inc (Madison Heights, MI), through a subsidiary, closed the acquisition of substantially all of the assets of Ciscura Holding Company Inc (Alpharetta, GA) and its subsidiaries. Ciscura is…
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AxelaCare Health Solutions

AxelaCare Health Solutions, a national provider of specialty home infusion services that is backed by Harvest Partners, has acquired Ambient Healthcare, which has locations in FL, AL, GA, NC, and…
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Amerita

Amerita, a wholly owned subsidiary of PharMerica Corporation, has acquired Coastal Pharmaceutical Services, dba InfusionRx. InfusionRx is a leader in Southern California, offering a full range of home infusion and…
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Madison Dearborn Partners, LLC (MDP) and Walgreen Co.

Madison Dearborn Partners, LLC (MDP) and Walgreen Co. have signed a definitive agreement that will give MDP a majority interest in Walgreens Infusion Services, Inc. The Company is a provider…
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Ambient Healthcare

Ambient Healthcare has been acquired by AxelaCare. AxelaCare Health Solutions, a leading national provider of specialty home infusion services, announced the acquisition of Florida-based Ambient Healthcare, which offers home intravenous…
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Amerita Inc

Amerita Inc (Irvine, CA), a wholly owned subsidiary of PharMerica Corporation (Louisville, KY), completed the acquisition of Coastal Pharmaceutical Services Corporation (Oxnard, CA), dba InfusionRx. InfusionRx provides a complete range…
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