Specialty Providers
Cardinal Health ‘really keen’ on diabetes market
November 15, 2024Theresa Flaherty, Managing Editor
DUBLIN, Ohio – Cardinal Health’s planned acquisition of Advanced Diabetes Supply Group for $1.1 billion marries its logistics and distribution capabilities with a powerhouse in patient acquisition to better capture the growing diabetes market, says Rob Schlissberg.
ADSG, which is comprised of Advanced Diabetes Supply and United States Medical Supply (US Med), has more than 500,000 patients, with a focus on high-tech treatments for diabetes like insulin pumps and continuous glucose...
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...
Cardinal Health to buy nat’l diabetes provider
November 12, 2024HME News Staff
DUBLIN, Ohio – Cardinal Health has entered into a definitive agreement to acquire Advanced Diabetes Supply for about $1.1 billion in cash, with plans to merge the company into its at-Home Solutions business.
ADS, led by CEO Bill Mixon, serves about 500,000 patients annually by providing the latest innovations in diabetes therapies from leading manufacturers.
"Last January, we elevated the priority of investing in our growth businesses like at-Home Solutions because this...
Recent IV shortages call for real fix, stakeholders say
November 8, 2024Theresa Flaherty, Managing Editor
YARMOUTH, Maine – A recent shortage of intravenous solutions underscores the need to address the fragile supply chain for infusion therapy solutions, says Connie Sullivan of the National Home Infusion Association.
While flooding in September halted production of intravenous solution bags at the Baxter International plant in Marion, N.C., chronic shortages of IV solutions, enteral formulas and other products are an ongoing concern, she says.
“This patient community has...
Viemed ‘earns trust,’ sees growth
November 7, 2024HME News Staff
LAFAYETTE, La. – Viemed Healthcare reported revenues of $58 million for the third quarter of 2024, an increase of 17.4% year over year and an increase of 5.5% sequentially.
The company increased its ventilator patient count by 11% sequentially to 11,374 and increased its sleep therapy patient count by 11% sequentially to 19,478.
“Viemed continues to earn a trusted place in the home with our high-touch, technology-enabled clinical approach to delivering complex respiratory...
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...
Nikki Grace is ready for action
November 1, 2024Theresa Flaherty, Managing Editor
WATERLOO, Iowa – In her new role as director of the Orthotic and Prosthetic Group of America, a division of VGM & Associates, Nikki Grace sees opportunity to both “re-invigorate the brand” and move the needle on innovative technologies like osseointegration, which enabled her to walk again.
“I'm focused on getting us out there again and getting people understanding how we relate to their clinic or to their practice,” said Grace, the 2023 O&P Woman of the...
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...
Survey: More work needs to be done to support pumping in workplace
October 30, 2024HME News Staff
ASHEVILLE, N.C. – Eighty-two percent of working mothers say their workplace could provide more support for breast pumping, according to a new survey from Aeroflow Breastpumps.
Aeroflow Breastpumps surveyed 667 mothers who have had children within the past two years and are working while breast pumping.
Improved access to private pumping rooms, better maternity leave policies, and an increased acceptance of pumping at work would enable moms to more easily meet and exceed their...
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...