Tag: OptumRx

EDEN PRAIRIE, Minn. - OptumRx's recent purchase of AxelaCare Health Solutions, a home infusion services provider, points to a larger trend of both pharmacy benefit managers and payers bringing other services under their umbrellas, analysts say. “This is the changing landscape in health care,” said Justin Ishbia, founder and managing partner of Shore Capital Partners, a private equity firm that used to own SCP Specialty Infusion. “They are the payer but they are also the provider...

EDEN PRAIRIE, Minn. - OptumRx's recent purchase of home infusion services provider AxelaCare Health Solutions gives the pharmacy benefit manager a platform for a more integrated model, say analysts. “OptumRx already has a specialty component and this gives them the infusion component, as well,” said Reg Blackburn, managing director of specialty pharmacy and infusion services for The Braff Group. OptumRx is part of healthcare giant UnitedHealth Group. Other buys by the company...

MURRAY HILL, N.J. - C.R. Bard, a manufacturer of medical devices for vascular, urology, oncology and surgical specialty fields, announced last week that it has acquired Liberator Medical for $181 million. Liberator is a director-consumer-provider of home medical supplies, including catheters, ostomy, diabetes and mastectomy. “As the population ages and more healthcare is expected to occur outside of the hospital setting, we believe that having direct access to the patient in the home...

EDEN PRAIRIE, Minn. - OptumRx, the pharmacy care services business owned by Optum, has acquired AxelaCare Health Solutions, a provider of home infusion solutions, the company announced this week. “AxelaCare's at-home services will enable us to more effectively support the growing number of people managing complex conditions, many of whom require infusions that increasingly involve higher-cost specialty medications," said Larry Renfro, Optum CEO, in a release. Founded in 2008,...