Option Care Health: Company Research Report

Company Overview

• Name: Option Care Health

• Mission: To transform healthcare by providing innovative services that improve outcomes, reduce costs, and deliver hope for patients and their families. They value integrity, passion for people, striving for excellence, inclusivity, and innovation as part of their mission to deliver life-changing and extraordinary care.

• Founded: The company has its origins dating back to 1979 when two pharmacists, Michael Prime and Mitchell Hoggard, pioneered the home infusion therapy industry to provide flexible care.

• Key People:

• John C. Rademacher - President & Chief Executive Officer

• Luke Whitworth - Chief Operating Officer

• Femi Adewunmi, MD - Chief Medical Officer

• Caroline Budde - SVP, Chief Compliance Officer

• Chris Grashoff - Chief Growth Officer

• Mike Shapiro - Chief Financial Officer

• Additional key leaders covering a range of areas including information security, market access, biopharma relations, and more.

• Headquarters: No information is provided.

• Number of Employees: Over 4,500 clinicians are mentioned as part of their teams nationwide.

• Revenue: No specific revenue information is available.

• Known For: Option Care Health is known as the largest national independent provider of infusion therapy services. They emphasize developing individualized therapies and providing extraordinary patient care.

Products

• Products Offered:

• Therapeutic Services include:

• IV Antibiotics

• Nutrition Support

• Immunoglobulin Therapy

• Chronic Inflammatory Disorders Management

• Neurological Disorders Management

• Bleeding Disorders Management

• Women’s Health

• Heart Failure Management

• Specialized Therapies

• Key Features:

• Services are provided both in-home and in over 170 nationwide infusion suite locations.

• Option Care Health is in-network with all major health plans to ensure broad coverage.

• They operate an advanced system to coordinate care from intake to insurance authorization, ensuring cost-effective and quality solutions.

• Patient education resources and comprehensive care planning are major components of their service offering.

Recent Developments

• Recent Developments:

• No specific recent developments related to product launches or new features are listed.

• New Products Launched:

• No information is available.

• New Features Added to Existing Products:

• No information is available.

• New Partnerships:

• Option Care Health maintains partnerships across pharmaceutical manufacturers, insurance providers, and healthcare systems, ensuring seamless clinical and administrative support is provided.

• They collaborate with these partners to widen the distribution of drug treatments and improve patient outcomes, though no new specific partnerships were mentioned.

Recognition and Compliance

• Option Care Health has been recognized for its high-quality patient care and compliance with industry standards. This is reinforced by accreditations they have received from premier healthcare entities.

This report provides a detailed snapshot of Option Care Health, focusing on its founding vision, key product offerings, leadership, and industry recognition. While some information such as revenue and headquarters location was not available, the report highlights the core mission and values that continue to guide the company’s operations within the healthcare and infusion therapy sectors.