Tag: Home Infusion Therapy
Dynamic Infusion solidifies presence in Atlantic
December 11, 2024HME News Staff
DALLAS – Dynamic Infusion has acquired CCE Partners, d/b/a Solution Nursing, with operations in Maryland, Delaware, Pennsylvania and Northern Virginia, solidifying its presence in the Atlantic region. On a consolidated basis, Dynamic now visits patients in their homes more than 25,000 times a year across 14 states on behalf of more than 60 specialty pharmacies – with plans to expand further. "Solution brings more than 30 years of experience in the home infusion therapy...
Analysis: NHIA’s changes could save billion-plus
December 5, 2024HME News Staff
WASHINGTON – An independent analysis by Magnolia Market Access estimates that changes proposed by NHIA to the Preserving Patient Access to Home Infusion Act to expand Medicare Part B home infusion therapy services coverage to anti-infectives and to bundle payments for disposable supplies with the services payment would generate significant savings for Medicare. On the IV anti-infective policy, Magnolia provides two savings estimates based on the magnitude of patients that would migrate from...
Specialty infusion meds require more care planning, research finds
December 2, 2024HME News Staff
ALEXANDRIA, Va. – More than 70% of the tasks of home infusion pharmacists for specialty infusion medications are dedicated to patient care, according to new research published in the NHIF Infusion Journal. Care planning and patient assessments accounted for 42.45% of pharmacist tasks related to specialty therapies. “This study is the first to systematically quantify and categorize the professional work of home infusion pharmacists caring for specialty infusion medication patients,”...
In brief: Stakeholders push infusion bill, Aeroflow partners with virtual doc group & more
November 15, 2024HME News Staff
ALEXANDRIA, Va. — A group of more than 35 patient and stakeholder groups are calling on Congress to address Medicare beneficiary access to home infusion services.
In a letter to lawmakers, the groups urge congressional leaders to advance the Preserving Patient Access to Home Infusion Act (S. 1976/H.R. 4104), which would include pharmacy services as part of the home infusion therapy benefit under Medicare and cover everything from assessments to drug preparation and compounding...
Infusion stakeholders send new letter
November 13, 2024HME News Staff
ALEXANDRIA, Va. — A group of more than 35 patient and stakeholder groups are calling on Congress to address Medicare beneficiary access to home infusion services.
In a letter to lawmakers, the groups urge congressional leaders to advance the Preserving Patient Access to Home Infusion Act (S. 1976/H.R. 4104), which would include pharmacy services as part of the home infusion therapy benefit under Medicare and cover everything from assessments to drug preparation and compounding...
InfuSystem sees ‘acceleration’
November 7, 2024HME News Staff
ROCHESTER HILLS, Mich. – InfuSystem Holdings reported revenue of $35.3 million for the third quarter of 2024, an increase of 11% year over year. Of that, Patient Services net revenue was $20.8 million and Device Solutions net revenue was $14.5 million. Adjusted EBITDA was $7.9 million, an increase of 15% year over year. “Our third quarter financial results reflect the forecasted acceleration in our business in the second half of the year,” said Rich Dilorio, CEO. “We saw significant...
Option Care pushes through disaster for strong quarter
November 1, 2024Theresa Flaherty, Managing Editor
BANNOCKBURN, Ill. – Despite disruption to its supply chain, Option Care Health’s quick and “aggressive” response allowed the provider to continue servicing patients, with minimal impact, CEO John Rademacher said.
In the aftermath of Hurricane Helene, flooding halted production of intravenous solution bags at the Baxter International plant in Marion, N.C.
“From the moment of the closure, needless to say, there were immediate actions that we took to not...
Option Care reports strong Q3, keeps eye on disaster impacts
October 30, 2024HME News Staff
BANNOCKBURN, Ill. – Option Care Health reported revenue of nearly $1.3 billion for the third quarter of 2024, an increase of 17% compared to the same quarter in 2023.
Gross profit was $256.7 million, or 20.1% of net revenue, up 1 % compared to $254.3 million, or 23.3% of net revenue, in the third quarter of 2023. Adjusted EBITDA was $115.6 million, up 5.3% compared to $109.8 million in the third quarter of 2023.
“Once again, the Option Care Health team continued to perform...
TwelveStone looks to accelerate growth, keep eye on patient
October 18, 2024HME News Staff
MURFREESBORO, Tenn. – After recent moves to tighten its focus on its infusion services business, TwelveStone Health Partners plans to push forward in 2025 with an omnichannel approach, says CEO Shane Reeves.
TwelveStone, which has 21 ambulatory infusion suites in Tennessee, Kentucky and Virginia, plans to create solutions with physician’s offices to run in-office infusion clinics and develop joint venture solutions with hospital systems that want to maintain that line of post-acute...
NHIA urges more steps in addressing IV solution shortage
October 16, 2024HME News Staff
WASHINGTON – The National Home Infusion Association believes more needs to be done to minimize the impact on patient care and ensure equitable access to life-savings IV therapies after flooding halted production at the Baxter International plant in Marion, N.C. In a letter to Department of Health and Human Services Secretary Xavier Becerra, the association wrote: “As the leading voice for the home and alternate site infusion community, we write to share our concerns and offer recommendations...