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Option Care Health

Full company profile

uuid0002ahg

Namestring
Option Care Health
Legal namestring
Option Care Health, Inc.
Company typeenum
Public
Founded yearint
1979
Descriptiontext

Option Care Health is the largest independent provider of home and alternate-site infusion therapy in the United States. The company operates 185+ locations across 43 states — including 87+ infusion pharmacies and 197+ ambulatory infusion suites — staffed by 5,000+ clinical experts (nurses, pharmacists, and dietitians). It serves 315,000+ unique patients annually and completes 2.5M+ infusion events across a broad therapeutic portfolio: IV antibiotics, immunoglobulin therapy (via the IG Complete+ Centers of Excellence), chronic inflammatory disorders, neurological conditions, oncology, bleeding disorders, women's health, heart failure, nutrition support (Restore+), and specialized therapies. The company is contracted with 800+ health plans covering approximately 98% of insured lives, including all major commercial payers and federal programs (Medicare, Medicaid, TRICARE, VA CCN).

Short descriptiontext

Option Care Health is the largest independent US provider of home and alternate-site infusion therapy, operating 185+ locations across 43 states and serving 315,000+ patients annually via 5,000+ clinical specialists under contracts with 800+ health plans and federal programs.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersIllinois City, United States
HQ citystring
Illinois City
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
home infusion therapy, infusion services, specialty pharmacy, alternate-site infusion, IV therapy services
Industry6 codes
1Home Infusion Therapy & IV Nursing Services
CodeHLADAFAGPrimaryYes
2Home Infusion Therapy Providers
CodeHLAFAEAEPrimaryNo
3Infusion & Home Infusion Pharmacy Services
CodeHLAFALAGPrimaryNo
4IV Therapy, Infusion & Injection Services (Home-Based)
CodeHSABACAFPrimaryNo
5Infusion Therapy Centers (Outpatient)
CodeHLAFABAFPrimaryNo
6Injectables & Specialty Medication Support (e.g., insulin, biologics)
CodeHSABALAGPrimaryNo
NAICS code3 codes
  • Home Health Care Services621610
  • Ambulatory Health Care Services621
  • All Other Outpatient Care Centers621498
SIC code3 codes
  • Services-Home Health Care Services8082
  • Services-Health Services8000
  • Services-Specialty Outpatient Facilities, Nec8093
Product category
Home Infusion Therapy Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Infusion Therapy Services
TypeManaged Services
Description

Revenue generated from providing home and alternate-site infusion therapy treatments including IV antibiotics, nutrition support, immunoglobulin, chronic inflammatory disorders, neurological disorders, oncology, bleeding disorders, women's health, and heart failure treatments. Services are billed to payers including Medicare, Medicaid, and commercial insurance based on reimbursement rates.

fool.com
2Payer Contracts and Reimbursement
TypeManaged Services
Description

Revenue derived from contracted relationships with 800+ health plans and all major insurance providers. Services are reimbursed based on negotiated rates with payers including Medicare Part B, Medicaid, and commercial insurance plans.

optioncarehealth.com
3Pharmaceutical Partnerships
TypeManaged Services
Description

Revenue from partnerships with pharmaceutical manufacturers for distribution of specialty drugs and limited distribution treatments, including access to over 50 limited distribution drugs.

seekingalpha.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Insurance-based reimbursement through contracted payers
ModelOtherBilling cadencePay-as-you-go
Notes

Services are primarily reimbursed through insurance with contracted rates with 800+ health plans including Medicare and Medicaid. The company offers financial counseling and assistance programs for patients.

optioncarehealth.com
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 5 records shown
1Restore+ Nutrition Support
Description

IV nutrition support program providing parenteral and enteral nutrition care for acute and chronic conditions

optioncarehealth.com
+4 more records
Core offering1 text field

Option Care Health is the nation's largest independent provider of home and alternate-site infusion therapy services, delivering IV antibiotics, immunoglobulin (IVIG/SCIg), nutrition support, chronic inflammatory disorder biologics, oncology infusions, bleeding disorder therapies, and heart failure treatments. The company operates 185+ locations across 43 states, including 87+ infusion pharmacies and 197+ ambulatory infusion suites, supported by 5,000+ clinical experts including nurses, pharmacists, and dietitians. Services are reimbursed through contracts with 800+ health plans covering 98% of insured lives in the United States.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 95% patient satisfaction rate
+3 more records
Product overview1 text field

Option Care Health operates as a unified home and alternate-site infusion therapy platform providing comprehensive acute and chronic condition treatments. The core offering consists of home infusion services and 197+ infusion suites across the United States, supported by branded programs including IG Complete+ for immunoglobulin therapy and Restore+ for nutrition support. The company delivers a broad therapeutic portfolio spanning anti-infectives, chronic inflammatory disorders, neurological conditions, oncology, bleeding disorders, women's health, heart failure, and specialized therapies, while maintaining payer contracts with 800+ health plans including all major commercial and government insurers.

Product and service14 records
1Home Infusion Therapy Services
CategoryHome Infusion Services
Description

Primary service delivering infusion therapy treatments (IV antibiotics, nutrition support, immunoglobulin, chronic inflammatory disease biologics) to patients in their homes or alternate sites, billed through contracted payers.

2Infusion Suites
CategoryAmbulatory Infusion Services
Description

Ambulatory infusion clinic locations offering infusion therapy treatments in a clinical setting with private or semi-private treatment rooms and amenities for patients requiring in-person care.

3IV Antibiotics
CategoryTherapeutic Infusion Services
Description

Patient-specific IV antibiotics treatment plans developed in collaboration with treating prescribers, offering hospitalization avoidance for serious infections in patients of all ages.

4Chronic Inflammatory Disorder Treatments
CategoryTherapeutic Infusion Services
Description

Biologic infusion therapies for chronic inflammatory conditions including Crohn's disease, ulcerative colitis, rheumatoid arthritis, plaque psoriasis, ankylosing spondylitis, psoriatic arthritis, and uveitis, with over 100,000 infusions administered annually.

5Immunoglobulin Infusion Therapy
CategoryTherapeutic Infusion Services
Description

IVIG and SCIg treatments for immunodeficiency and autoimmune disorders, managed through specialized IG Centers of Excellence with access to all available immunoglobulin therapies.

6IG Complete+
CategorySpecialty Infusion Program
Description

Immunoglobulin infusion therapy program with dedicated IG nurses and pharmacists, centralized Centers of Excellence, and specialized management for neurologic and immunologic conditions including CIDP, MMN, and myasthenia gravis.

7Restore+ Nutrition Support
CategorySpecialty Infusion Program
Description

Comprehensive parenteral and enteral nutrition program providing personalized treatment plans adapted from ASPEN guidelines, with multidisciplinary clinical teams including registered dietitians and CNSC-certified specialists.

8Neurological Disorder Treatments
CategoryTherapeutic Infusion Services
Description

Infusion therapies for neurological conditions including ALS, CIDP, DMD, gMG, MMN, MS, NMOSD, and PNH, with specialized nursing support and prior authorization assistance.

9Oncology Therapies
CategoryTherapeutic Infusion Services
Description

Oncology infusion services including immunotherapy, chemotherapy, and supportive care (growth factors, IVIg, SCIg) administered by experienced oncology pharmacists with flexible treatment settings.

10Bleeding Disorder Treatments
CategoryTherapeutic Infusion Services
Description

Hemophilia and Von Willebrand disease therapy including factor replacement, MASAC-compliant product availability, and access to limited distribution products like Coagadex and Corifact.

11Women's Health Infusion Therapy
CategoryTherapeutic Infusion Services
Description

High-risk pregnancy management including hyperemesis, diabetes in pregnancy, and hypertension programs, with OB nurses, pharmacists, and registered dietitians providing multidisciplinary care.

12Heart Failure Infusion Therapy
CategoryTherapeutic Infusion Services
Description

Stage D heart failure, VAD, heart transplant, and palliative care infusion services including inotropic therapy, designed according to ACCF and AHA guidelines with 84% hospital readmission rate reduction for inotropic patients.

13Specialized Therapies
CategoryTherapeutic Infusion Services
Description

Customized care for emerging and complex infusion therapies not covered by standard therapeutic services, managed by experienced infusion specialty care teams with ongoing clinical monitoring.

14Military and VA Services
CategorySpecialty Infusion Services
Description

TRICARE and VA CCN infusion care for military active duty, families, retirees and veterans, with enrollment as participating provider in Medicare, Medicaid, TRICARE for Life, and VA CCN networks.

Scale indicator14 records

Each record includes

Type, Value, Description, Source

Partnership14 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Exclusive in-network partnership providing infusion therapy services to Blue Cross Blue Shield members across the United States through the #1 national payer coverage network.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

In-network partnership for infusion therapy services for Anthem health plan members, supporting broad patient access through the largest national independent infusion provider.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

In-network partnership providing cost-effective infusion therapy solutions for Cigna health plan members through contracted reimbursement arrangements.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

National in-network partnership for United Healthcare members requiring home and alternate-site infusion therapy services.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Contracted partnership providing Aetna members access to Option Care Health's network of infusion pharmacies and suites.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

In-network partnership for Humana Medicare and commercial members requiring infusion therapy services.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Care coordination partnership for home-based care services including infusion therapy, supporting value-based care arrangements.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Only national infusion provider in-network with TRICARE East through Humana Military for military beneficiary care.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

In-network with TRICARE West and VA CCN through TriWest partnership ensuring veteran access to infusion services nationwide.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Partnership for TRICARE pharmacy benefit management through Express Scripts ensuring covered access to infusion therapies.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Veterans Affairs Community Care Network partnership providing VA beneficiaries access to infusion therapy services through Optum and TriWest.

12CHAMPVA
Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Partnership for CHAMPVA beneficiaries providing infusion therapy services to veterans and their families.

optioncarehealth.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnerships with health systems for post-acute care coordination, 340B program management, and value-based contract performance. Joint operating committees review and monitor program performance.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnerships with biopharmaceutical manufacturers for distribution of over 50 limited distribution drugs and specialty infusion medications. Provides manufacturers access to the broadest patient base through 185+ locations and 800+ health plan contracts.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

CVS Health's national home and alternate-site infusion therapy subsidiary. Coram is the closest direct competitor to Option Care Health, offering similar IVIG, nutrition support, anti-infective, and chronic disease infusion services across the U.S. and competing head-to-head for payer contracts and limited distribution drug partnerships.

TypeDirect peer
Description

UnitedHealth Group's specialty and home infusion pharmacy business, part of Optum Rx. Optum Infusion directly competes with Option Care on national home infusion capacity, payer relationships (internal Optum/UHC captive demand), and specialty drug distribution economics.

TypeDirect peer
Description

National home infusion provider focused on IVIG, chronic inflammatory disorders, and specialty biologics. KabaFusion competes with Option Care's IG Complete+ program and CID franchise for prescriber referrals and limited distribution drug access.

TypeDirect peer
Description

Specialty infusion provider offering home and alternate-site infusion services for IVIG, nutrition, anti-infectives, and chronic inflammatory conditions. Soleo Health competes with Option Care on clinical specialization and specialty pharmacy capabilities for complex therapies.

TypeDirect peer
Description

Specialty and home infusion provider operating nationally with a focus on IVIG, TPN, and chronic disease therapies. Amerita is a direct competitor for payer contracts, hospital discharge referrals, and biopharma limited distribution drug partnerships.

TypeBroad incumbent
Description

Diversified healthcare services and pharmaceutical distributor with specialty pharmacy and infusion-related capabilities. McKesson overlaps with Option Care's specialty distribution and biopharma services functions and competes indirectly for limited distribution drug contracts.

TypeBroad incumbent
Description

Healthcare distributor and provider of at-home solutions including home infusion services and specialty pharmacy. Cardinal Health overlaps with Option Care across ambulatory/home infusion and biopharma distribution, but as a much broader portfolio player rather than a pure-play infusion specialist.

TypeBroad incumbent
Description

Vertically integrated payer-PBM-retail-clinic operator that owns Coram infusion services. CVS competes with Option Care both directly (via Coram) and indirectly via Aetna/Caremark network design and specialty drug management.

TypeBroad incumbent
Description

Diversified payer and healthcare services conglomerate whose Optum segment operates specialty/home infusion and PBM businesses. UnitedHealth competes with Option Care through internal captive demand, network design, and Optum Infusion services.

TypeOthers
Description

Former parent company of Option Care (spun off in 2015) and operator of retail and specialty pharmacy assets. Walgreens is a related party via historical ownership and ongoing pharmacy ecosystem, but does not directly compete in home infusion at Option Care's scale.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat7 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance6 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A10 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Option Care Health

Home Infusion Therapy Servicesoptioncarehealth.com

Option Care Health is the largest independent US provider of home and alternate-site infusion therapy, operating 185+ locations across 43 states and serving 315,000+ patients annually via 5,000+ clinical specialists under contracts with 800+ health plans and federal programs.

What Option Care Health does

Option Care Health is the largest independent provider of home and alternate-site infusion therapy in the United States. The company operates 185+ locations across 43 states — including 87+ infusion pharmacies and 197+ ambulatory infusion suites — staffed by 5,000+ clinical experts (nurses, pharmacists, and dietitians). It serves 315,000+ unique patients annually and completes 2.5M+ infusion events across a broad therapeutic portfolio: IV antibiotics, immunoglobulin therapy (via the IG Complete+ Centers of Excellence), chronic inflammatory disorders, neurological conditions, oncology, bleeding disorders, women's health, heart failure, nutrition support (Restore+), and specialized therapies. The company is contracted with 800+ health plans covering approximately 98% of insured lives, including all major commercial payers and federal programs (Medicare, Medicaid, TRICARE, VA CCN).

Option Care Health firmographics

Firmographics
Name
Option Care Health
Legal name
Option Care Health, Inc.
Website
https://optioncarehealth.com
Company type
Public
Founded year
1979
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Option Care Health is the largest independent US provider of home and alternate-site infusion therapy, operating 185+ locations across 43 states and serving 315,000+ patients annually via 5,000+ clinical specialists under contracts with 800+ health plans and federal programs.
Ownership category
akta.pro rank

Option Care Health industry classification

Industry
Product category
Home Infusion Therapy Services
NAICS
Home Health Care Services (621610), Ambulatory Health Care Services (621), All Other Outpatient Care Centers (621498)
SIC
Services-Home Health Care Services (8082), Services-Health Services (8000), Services-Specialty Outpatient Facilities, Nec (8093)
akta.pro primary industry
Home Infusion Therapy & IV Nursing Services (HLADAFAG)
akta.pro secondary industries
Home Infusion Therapy Providers (HLAFAEAE), Infusion & Home Infusion Pharmacy Services (HLAFALAG), IV Therapy, Infusion & Injection Services (Home-Based) (HSABACAF), Infusion Therapy Centers (Outpatient) (HLAFABAF), Injectables & Specialty Medication Support (e.g., insulin, biologics) (HSABALAG)

Keywords

  • Home infusion therapy
  • Infusion services
  • Specialty pharmacy
  • Alternate-site infusion
  • IV therapy services

Where Option Care Health is headquartered

Location

Headquarters

HQ city
Illinois City
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Option Care Health business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Infusion Therapy Services: Revenue generated from providing home and alternate-site infusion therapy treatments including IV antibiotics, nutrition support, immunoglobulin, chronic inflammatory disorders, neurological disorders, oncology, bleeding disorders, women's health, and heart failure treatments. Services are billed to payers including Medicare, Medicaid, and commercial insurance based on reimbursement rates.
  2. Payer Contracts and Reimbursement: Revenue derived from contracted relationships with 800+ health plans and all major insurance providers. Services are reimbursed based on negotiated rates with payers including Medicare Part B, Medicaid, and commercial insurance plans.
  3. Pharmaceutical Partnerships: Revenue from partnerships with pharmaceutical manufacturers for distribution of specialty drugs and limited distribution treatments, including access to over 50 limited distribution drugs.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goInsurance-based reimbursement through contracted payers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Option Care Health product offering

Product offering

Core offering

Option Care Health is the nation's largest independent provider of home and alternate-site infusion therapy services, delivering IV antibiotics, immunoglobulin (IVIG/SCIg), nutrition support, chronic inflammatory disorder biologics, oncology infusions, bleeding disorder therapies, and heart failure treatments. The company operates 185+ locations across 43 states, including 87+ infusion pharmacies and 197+ ambulatory infusion suites, supported by 5,000+ clinical experts including nurses, pharmacists, and dietitians. Services are reimbursed through contracts with 800+ health plans covering 98% of insured lives in the United States.

Product overview

Option Care Health operates as a unified home and alternate-site infusion therapy platform providing comprehensive acute and chronic condition treatments. The core offering consists of home infusion services and 197+ infusion suites across the United States, supported by branded programs including IG Complete+ for immunoglobulin therapy and Restore+ for nutrition support. The company delivers a broad therapeutic portfolio spanning anti-infectives, chronic inflammatory disorders, neurological conditions, oncology, bleeding disorders, women's health, heart failure, and specialized therapies, while maintaining payer contracts with 800+ health plans including all major commercial and government insurers.

Differentiator

Problem solved

Functional benefit

Brands

  • Restore+ Nutrition Support: IV nutrition support program providing parenteral and enteral nutrition care for acute and chronic conditions
  • IG Complete+
  • Infusion Suites
  • Ambulatory Infusion Clinics
  • CSI Network Services

Products and services

  • Home Infusion Therapy Services Primary service delivering infusion therapy treatments (IV antibiotics, nutrition support, immunoglobulin, chronic inflammatory disease biologics) to patients in their homes or alternate sites, billed through contracted payers.
  • Infusion Suites Ambulatory infusion clinic locations offering infusion therapy treatments in a clinical setting with private or semi-private treatment rooms and amenities for patients requiring in-person care.
  • IV Antibiotics Patient-specific IV antibiotics treatment plans developed in collaboration with treating prescribers, offering hospitalization avoidance for serious infections in patients of all ages.
  • Chronic Inflammatory Disorder Treatments Biologic infusion therapies for chronic inflammatory conditions including Crohn's disease, ulcerative colitis, rheumatoid arthritis, plaque psoriasis, ankylosing spondylitis, psoriatic arthritis, and uveitis, with over 100,000 infusions administered annually.
  • Immunoglobulin Infusion Therapy IVIG and SCIg treatments for immunodeficiency and autoimmune disorders, managed through specialized IG Centers of Excellence with access to all available immunoglobulin therapies.
  • IG Complete+ Immunoglobulin infusion therapy program with dedicated IG nurses and pharmacists, centralized Centers of Excellence, and specialized management for neurologic and immunologic conditions including CIDP, MMN, and myasthenia gravis.
  • Restore+ Nutrition Support Comprehensive parenteral and enteral nutrition program providing personalized treatment plans adapted from ASPEN guidelines, with multidisciplinary clinical teams including registered dietitians and CNSC-certified specialists.
  • Neurological Disorder Treatments Infusion therapies for neurological conditions including ALS, CIDP, DMD, gMG, MMN, MS, NMOSD, and PNH, with specialized nursing support and prior authorization assistance.
  • Oncology Therapies Oncology infusion services including immunotherapy, chemotherapy, and supportive care (growth factors, IVIg, SCIg) administered by experienced oncology pharmacists with flexible treatment settings.
  • Bleeding Disorder Treatments Hemophilia and Von Willebrand disease therapy including factor replacement, MASAC-compliant product availability, and access to limited distribution products like Coagadex and Corifact.
  • Women's Health Infusion Therapy High-risk pregnancy management including hyperemesis, diabetes in pregnancy, and hypertension programs, with OB nurses, pharmacists, and registered dietitians providing multidisciplinary care.
  • Heart Failure Infusion Therapy Stage D heart failure, VAD, heart transplant, and palliative care infusion services including inotropic therapy, designed according to ACCF and AHA guidelines with 84% hospital readmission rate reduction for inotropic patients.
  • Specialized Therapies Customized care for emerging and complex infusion therapies not covered by standard therapeutic services, managed by experienced infusion specialty care teams with ongoing clinical monitoring.
  • Military and VA Services TRICARE and VA CCN infusion care for military active duty, families, retirees and veterans, with enrollment as participating provider in Medicare, Medicaid, TRICARE for Life, and VA CCN networks.

Quantifiable outcome

  • 95% patient satisfaction rate
  • +3 more outcomes

Companies that use Option Care Health

Customer profile

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Option Care Health technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Option Care Health partnerships and signals

Strategic signal

Partnerships

14 partnerships are on record, tiered core and major.

  • Blue Cross Blue ShieldcoreChannel Partner/ Reseller/ DistributorExclusive in-network partnership providing infusion therapy services to Blue Cross Blue Shield members across the United States through the #1 national payer coverage network.
  • AnthemcoreChannel Partner/ Reseller/ DistributorIn-network partnership for infusion therapy services for Anthem health plan members, supporting broad patient access through the largest national independent infusion provider.
  • CignacoreChannel Partner/ Reseller/ DistributorIn-network partnership providing cost-effective infusion therapy solutions for Cigna health plan members through contracted reimbursement arrangements.
  • United HealthcarecoreChannel Partner/ Reseller/ DistributorNational in-network partnership for United Healthcare members requiring home and alternate-site infusion therapy services.
  • AetnacoreChannel Partner/ Reseller/ DistributorContracted partnership providing Aetna members access to Option Care Health's network of infusion pharmacies and suites.
  • HumanacoreChannel Partner/ Reseller/ DistributorIn-network partnership for Humana Medicare and commercial members requiring infusion therapy services.
  • CareCentrixmajorChannel Partner/ Reseller/ DistributorCare coordination partnership for home-based care services including infusion therapy, supporting value-based care arrangements.
  • TRICARE (Humana Military)coreChannel Partner/ Reseller/ DistributorOnly national infusion provider in-network with TRICARE East through Humana Military for military beneficiary care.
  • TriWestcoreChannel Partner/ Reseller/ DistributorIn-network with TRICARE West and VA CCN through TriWest partnership ensuring veteran access to infusion services nationwide.
  • TRICARE Express ScriptsmajorChannel Partner/ Reseller/ DistributorPartnership for TRICARE pharmacy benefit management through Express Scripts ensuring covered access to infusion therapies.
  • VA CCN (Optum/TriWest)coreChannel Partner/ Reseller/ DistributorVeterans Affairs Community Care Network partnership providing VA beneficiaries access to infusion therapy services through Optum and TriWest.
  • CHAMPVAmajorChannel Partner/ Reseller/ DistributorPartnership for CHAMPVA beneficiaries providing infusion therapy services to veterans and their families.
  • Health Systems and HospitalscoreStrategic or Co-development PartnerPartnerships with health systems for post-acute care coordination, 340B program management, and value-based contract performance. Joint operating committees review and monitor program performance.
  • Pharmaceutical ManufacturerscoreStrategic or Co-development PartnerPartnerships with biopharmaceutical manufacturers for distribution of over 50 limited distribution drugs and specialty infusion medications. Provides manufacturers access to the broadest patient base through 185+ locations and 800+ health plan contracts.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Option Care Health competitors and assessment

Company assessment

Direct peers

  • Coram (CVS Health): CVS Health's national home and alternate-site infusion therapy subsidiary. Coram is the closest direct competitor to Option Care Health, offering similar IVIG, nutrition support, anti-infective, and chronic disease infusion services across the U.S. and competing head-to-head for payer contracts and limited distribution drug partnerships.
  • Optum Infusion Pharmacy (UnitedHealth Group): UnitedHealth Group's specialty and home infusion pharmacy business, part of Optum Rx. Optum Infusion directly competes with Option Care on national home infusion capacity, payer relationships (internal Optum/UHC captive demand), and specialty drug distribution economics.
  • KabaFusion: National home infusion provider focused on IVIG, chronic inflammatory disorders, and specialty biologics. KabaFusion competes with Option Care's IG Complete+ program and CID franchise for prescriber referrals and limited distribution drug access.
  • Soleo Health: Specialty infusion provider offering home and alternate-site infusion services for IVIG, nutrition, anti-infectives, and chronic inflammatory conditions. Soleo Health competes with Option Care on clinical specialization and specialty pharmacy capabilities for complex therapies.
  • Amerita (BrightSpring Health Services): Specialty and home infusion provider operating nationally with a focus on IVIG, TPN, and chronic disease therapies. Amerita is a direct competitor for payer contracts, hospital discharge referrals, and biopharma limited distribution drug partnerships.

Broad incumbents

  • McKesson Corporation: Diversified healthcare services and pharmaceutical distributor with specialty pharmacy and infusion-related capabilities. McKesson overlaps with Option Care's specialty distribution and biopharma services functions and competes indirectly for limited distribution drug contracts.
  • Cardinal Health: Healthcare distributor and provider of at-home solutions including home infusion services and specialty pharmacy. Cardinal Health overlaps with Option Care across ambulatory/home infusion and biopharma distribution, but as a much broader portfolio player rather than a pure-play infusion specialist.
  • CVS Health: Vertically integrated payer-PBM-retail-clinic operator that owns Coram infusion services. CVS competes with Option Care both directly (via Coram) and indirectly via Aetna/Caremark network design and specialty drug management.
  • UnitedHealth Group: Diversified payer and healthcare services conglomerate whose Optum segment operates specialty/home infusion and PBM businesses. UnitedHealth competes with Option Care through internal captive demand, network design, and Optum Infusion services.

Others

  • Walgreens Boots Alliance: Former parent company of Option Care (spun off in 2015) and operator of retail and specialty pharmacy assets. Walgreens is a related party via historical ownership and ongoing pharmacy ecosystem, but does not directly compete in home infusion at Option Care's scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

Option Care Health social profiles

Digital presence

Option Care Health compliance and trust

Trust signal

Compliance6 records

Option Care Health financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Option Care Health leadership team

Management profile

Number of profiles

Profiles13 records

Option Care Health subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Option Care Health funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Option Care Health M&A and investment

M&A and investment

M&A10 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Option Care Health

What does Option Care Health do?

Option Care Health is the nation's largest independent provider of home and alternate-site infusion therapy services, delivering IV antibiotics, immunoglobulin (IVIG/SCIg), nutrition support, chronic inflammatory disorder biologics, oncology infusions, bleeding disorder therapies, and heart failure treatments. The company operates 185+ locations across 43 states, including 87+ infusion pharmacies and 197+ ambulatory infusion suites, supported by 5,000+ clinical experts including nurses, pharmacists, and dietitians. Services are reimbursed through contracts with 800+ health plans covering 98% of insured lives in the United States.

Is Option Care Health a public or private company?

Option Care Health is a public company. It is classified as public and is currently operating.

When was Option Care Health founded?

Option Care Health was founded in 1979. It employs 5,001 to 10,000 people.

Where is Option Care Health based?

Option Care Health is headquartered in Illinois City, United States, in the North America region.

How does Option Care Health make money?

Three revenue lines are on record. Infusion Therapy Services are the primary driver. The others are payer Contracts and Reimbursement and pharmaceutical Partnerships.

Who are Option Care Health's main competitors?

Direct peers on record are Coram (CVS Health), Optum Infusion Pharmacy (UnitedHealth Group), KabaFusion, Soleo Health and Amerita (BrightSpring Health Services). Broad incumbents are McKesson Corporation, Cardinal Health, CVS Health and UnitedHealth Group. Walgreens Boots Alliance is listed as an others.

Does Option Care Health have an API?

No public API is recorded for Option Care Health.

What industry is Option Care Health in?

Option Care Health's product category is Home Infusion Therapy Services. Its primary akta.pro industry code is HLADAFAG, Home Infusion Therapy & IV Nursing Services, with a secondary code of HLAFAEAE, Home Infusion Therapy Providers. Its NAICS code is 621610 and its SIC code is 8082.

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PR NewswireSHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Option Care Health, Inc. (NASDAQ: OPCH)Monteverde & Associates PC is investigating Option Care Health, Inc. over its proposed sale to an investor group including affiliates of Clayton, Dubilier & Rice and McKesson. Under the deal, Option Care shareholders would receive $32.05 in cash per share. The firm invites shareholders to seek free information.Markets DailyOption Care Health (NASDAQ:OPCH) Cut to “Hold” at Citizens JmpCitizens Jmp lowered Option Care Health from market outperform to hold, while Deutsche Bank, Stephens, Jefferies, Barrington, and William Blair also cut or reaffirmed hold ratings. The stock opened at $31.07 with a consensus hold and average target of $29.17. The company reported Q2 EPS of $0.45, beating estimates.American Banking and Market NewsOption Care Health (NASDAQ:OPCH) Rating Lowered to “Hold” at Citizens JmpCitizens JMP downgraded Option Care Health to a Hold rating, while other analysts also adjusted their views. The company reported Q2 EPS of $0.45, beating estimates, and agreed to a $32.05 buyout by CD&R and McKesson. Analysts now focus on the deal's probability and terms.FinancialContent Business PageOption Care Health Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Option Care Health, Inc. - OPCHKahn Swick & Foti, LLC is investigating the proposed sale of Option Care Health to CD&R and McKesson, seeking to determine if the $32.05 per share consideration and process are adequate. The firm invites shareholders to contact them without obligation or cost.Defense WorldOption Care Health (NASDAQ:OPCH) Stock Keeps “Neutral” Rating at JPMorgan Chase & Co.JPMorgan reaffirmed a neutral rating on Option Care Health with a $33 price target. The company reported Q2 EPS of $0.45, beating estimates, and revenue of $1.44 billion, up 1.9% year-over-year. Analysts expect FY2026 EPS of 1.85-1.92.American Banking and Market NewsContrasting UnitedHealth Group (NYSE:UNH) & Option Care Health (NASDAQ:OPCH)UnitedHealth Group and Option Care Health are compared on profitability, valuation, and analyst ratings. UnitedHealth Group has higher revenue and earnings, but Option Care Health trades at a lower price-to-earnings ratio. Analysts favor UnitedHealth Group with a consensus target price of $465.75 versus $29.70 for Option Care Health.MarketBeatOption Care Health (NASDAQ:OPCH) Stock Bumped Down to Hold by Truist FinancialTruist Financial downgraded Option Care Health from strong-buy to hold, while other analysts have mixed ratings. The company reported Q2 EPS of $0.45, beating estimates, with revenue of $1.44 billion. Analysts set a consensus target of $29.70.Ticker ReportOption Care Health’s (OPCH) Neutral Rating Reaffirmed at JPMorgan Chase & Co.JPMorgan reaffirmed a neutral rating on Option Care Health with a $33 price target, implying 6.33% upside. The stock trades near the $32.05 all-cash acquisition offer from CD&R and McKesson, which includes a 37% premium. Analysts' consensus is a Hold with an average target of $29.70.AInvestStrength Seen in Option Care (OPCH): Can Its 32.7% Jump Turn into More Strength?Option Care Health shares rose 32.7% to $31 after CD&R and McKesson agreed to acquire it for $32.05 per share in cash, a 37% premium to the October 5 closing price. The deal values the company at about $5.8 billion, with expected quarterly EPS of $0.48 and revenue of $1.47 billion. The stock's price may not rise further without earnings estimate revisions.Pulse 2.0CD&R And McKesson To Acquire Option Care Health For $5.8 BillionCD&R and McKesson agreed to acquire Option Care Health for $32.05 per share, an enterprise value of about $5.8 billion. CD&R will hold a 51% majority stake, McKesson a 49% minority stake, and the deal is expected to close in the first half of 2027.