Infusion Associates (IA), a Lansing-based provider of medically prescribed outpatient infusion therapy, completed the acquisition of Okemos Infusion Center to become its sixth location in Michigan. Terms of the deal were not disclosed.
Previously a division of Okemos Allergy Center, the infusion center located at 3955 Okemos Road will be rebranded to Infusion Associates – joining one of the fastest growing networks of outpatient infusion therapy clinics in the United States.
The center will adopt Infusion Associates’ service model, making it easier for patients to receive infusion therapies 365 days a year with the support of physicians, advance practice providers, nursing, and pharmacy services, according to IA.
In addition to the Okemos location, Infusion Associates is opening another infusion center nearby in East Lansing at the end of May. The East Lansing location, located at 830 W. Lake Lansing Rd., Suite 150, will offer 17 infusion chairs and private rooms in a comfortable environment.
Current infusion centers are located in Okemos, Ann Arbor, Grand Rapids, Grandville, Grand Haven, and Traverse City, as well as Plymouth, Minn.
“As we grow, Infusion Associates’ mission continues to be providing patients with a high-quality, low-cost, exceptional patient experience at every interaction,” says Jen Ergang, director of operations for Infusion Associates. “We are proud to begin offering more treatment options as well as a streamlined referral and scheduling process for patients in the greater Lansing area.”
The M&A market for healthcare companies continues to strengthen in 2022 ahead of projected increases in US capital gains taxes. There is unprecedented capital in market, the lowest interest rates in US history and strong acquirer motivations for high quality healthcare companies. Across the continuum of care, buyers and investors are looking for well established, profitable businesses and offering strong valuations and options for management.
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