PromptCare Acquires NBN Infusions, Inc.

The PromptCare Companies (“PromptCare” or the “Company”), a leading regional provider of complex respiratory and specialty home infusion services, announced it has acquired substantially all of the assets of NBN Infusions, Inc. (“NBN”) from its founder, Linda Begley. The acquisition will further expand PromptCare’s footprint in the Northeastern United States. Founded in 1990, NBN is a Cherry Hill, NJ-based provider of home infusion and respiratory therapy services with a primary focus on managing specialty infusion therapies for patients with complex and chronic conditions.

Linden Invests in Vital Care

Linden Capital Partners (“Linden”), a Chicago-based healthcare private equity firm, announced a majority investment in Vital Care, Inc. (“Vital Care” or the “Company”) alongside current shareholders (the Bell family) and management. Founded in 1986 and headquartered in Meridian, Mississippi, Vital Care is the premier franchisor of home infusion services, with franchises serving a wide range of patients including those with chronic conditions as well as acute conditions. The Company supports over 50 franchises across 20 states with a focus on the underserved secondary markets.

IVX Health Completes Acquisition of Precision Healthcare

IVX Health, a national provider of infusion and injection therapy for patients with complex chronic conditions such as multiple sclerosis, Crohn’s disease, and rheumatoid arthritis, announced Wednesday its acquisition of Precision Healthcare, formerly a subsidiary of BAI Healthcare Services, Inc. Based in Nashville, Tenn., Precision operates 12 infusion centers across Tennessee and northern Arkansas. The acquisition financing was led by a preferred equity investment from Linden Capital Partners – a Chicago-based private equity firm focused exclusively on the healthcare sector – and joined by existing institutional investors McKesson Ventures, Health Velocity Capital, and Nueterra Capital.

Peak Rock Capital Affiliate Completes Acquisition of Paragon Healthcare, Inc.

An affiliate of Peak Rock Capital (“Peak Rock”), a leading middle-market private equity firm, announced today that it has completed its acquisition of Paragon Healthcare, Inc. (“Paragon” or the “Company”) in partnership with the management team of the Company. Paragon is a leading provider of ambulatory and home infusion services and specialty pharmacy services. The Company provides comprehensive, high quality infusion services to patients with chronic health conditions and those in need of post-acute care. Headquartered in Dallas, Texas, with pharmacy and infusion operations in Alabama, Georgia, Tennessee, Louisiana, Texas, Oklahoma, Colorado, Oregon, and Washington, the Company has built an excellent reputation in the industry for its service to patients across lower-cost settings of care, including infusion centers, patient homes, and physician’s offices.

KabaFusion Acquires Lincare’s Infusion Pharmacies, Expanding Patient-Focused Home Infusion Services Nationwide

KabaFusion, a leading provider of specialty acute and chronic home infusion therapies, today announced it has acquired the home infusion assets of Lincare, a subsidiary of Linde plc. The strategic combination strengthens KabaFusion’s position as the premier clinician-led home infusion company in the United States, significantly enhancing the company’s ability to deliver superior patient care across a broad range of home infusion therapies nationwide. KabaFusion, led by founder Dr. Sohail Masood, has been a pioneering leader in patient-focused home infusion services with deep clinical expertise in intravenous immunoglobulin (IVIG) therapies. The addition of Lincare’s infusion operations expands KabaFusion’s footprint to 28 home infusion specialty pharmacies, adding key strategic markets in Alabama, Arkansas, Florida, Indiana, Kentucky, Michigan, New Jersey, New York, North Carolina, Virginia and Wyoming.

Halifax-Backed PromptCare Acquires Premier Specialty Infusion

The PromptCare Companies (“PromptCare” or the “Company”), a leading regional provider of complex respiratory and specialty home infusion services, announced it has acquired Premier Specialty Infusion (“Premier”) from the family of the CEO, Mr. Ashar Hasan. The acquisition will further expand PromptCare’s footprint in the Midwestern United States. Terms of the transaction were not disclosed. Founded in 2017, Premier is a Hoffman Estates, IL-based provider of specialty home infusion services with a primary focus on managing immunoglobulin therapy (IVIG) for patients with neuroimmunology conditions in select markets within the United States. PromptCare is a portfolio company of The Halifax Group.

Cimarron Healthcare Capital Acquires Infusion Management

Infusion Management announced the completion of a majority recapitalization and growth equity capital raise with Cimarron Healthcare Capital (CHC). Infusion Management is the exclusive management services organization (“MSO”) affiliated with Infusion for Health, the premier clinical provider of infusion therapy treatment for patients with multiple sclerosis, rheumatoid arthritis, and other autoimmune and immunodeficiency disorders in the greater Los Angeles area. CHC is a Salt Lake City-based private equity firm focused on healthcare investments in the lower middle market. Financial terms of the transaction were not disclosed.

Option Care and BioScrip Complete Merger to Form Option Care Health

Option Care Enterprises, Inc. (“Option Care”) and BioScrip, Inc. (“BioScrip”) today announced the successful completion of their merger, which follows the satisfaction of the transaction’s closing conditions, including approval by BioScrip shareholders and the receipt of all necessary regulatory approvals. The newly combined company, Option Care Health, Inc. (“Option Care Health” or the “Company”), emerges as the largest independent home and alternate site infusion services provider in the United States. Option Care Health’s common stock will be listed on the Nasdaq Global Select Market under the ticker symbol BIOS.

BioScrip Announces Shareholder Approval of Merger with Option Care

BioScrip, Inc. (NASDAQ: BIOS) (“BioScrip” or the “Company”), the largest independent national provider of infusion and home care management solutions, announced Friday that its stockholders approved the proposals that are conditions to the proposed merger with Option Care at the Company’s special meeting of stockholders held earlier today. BioScrip’s merger with Option Care is expected to close on or about August 6, 2019.

BioScrip, Inc. Provides Merger Update

BioScrip, Inc. (NASDAQ: BIOS) (“BioScrip” or the “Company”), the largest independent national provider of infusion and home care management solutions, today provided an update on its proposed merger with Option Care Enterprises, Inc. (“Option Care”). The Company received notification on April 8, 2019, that early termination of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”) waiting period has been granted for the Company’s proposed merger with Option Care. The Company continues to anticipate that its merger with Option Care will close in the second half of 2019.