InfuSystem Holdings
InfuSystem Holdings (NYSE: INFU) is a national healthcare service provider that rents, sells, and services ambulatory infusion pumps and durable medical equipment to hospitals, oncology practices, pain management clinics, and wound care providers across the US and Ontario.
- Company typePublic
- Founded1985
- HeadquartersMadison Heights, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What InfuSystem Holdings does
InfuSystem Holdings, Inc. (NYSE: INFU) is a national healthcare service provider that delivers integrated therapy services, biomedical repair and maintenance, and durable medical equipment (DME) to healthcare providers, DME manufacturers, and patients across the United States and Ontario, Canada. Operating for approximately 40 years and headquartered in Rochester Hills, Michigan, the company is structured around three reporting segments: Patient Services (recurring DME rentals focused on oncology, pain management, and wound care), Device Solutions (one-time sales of new and pre-owned ambulatory and pole-mounted infusion pumps, disposables, and accessories), and Biomedical Services (on-site and depot repair of infusion pumps, patient monitors, ESUs, and related equipment). Its primary customer base spans hospitals, oncology practices, pain management clinics, wound care providers, and DME manufacturers. In FY2025 the company generated record revenue of $143.4 million (+6% YoY), record adjusted EBITDA of $31.5 million (+24% YoY), and record operating cash flow of $24.4 million (+19% YoY), with a Q4 2025 adjusted EBITDA margin of 24.3%.
The company has built a proprietary technology stack including DeviceHub® for medical device lifecycle management, Express™ for patient and facility billing, and the InfuBLOCK Dashboard™ for therapy monitoring — platforms that integrate equipment tracking, maintenance scheduling, and reimbursement workflows into a single operational layer for healthcare providers. The product portfolio covers a broad catalog of FDA-registered ambulatory infusion pumps (CADD, Curlin, Sapphire, BodyGuard), large-volume pole-mounted pumps (BD Alaris, Plum 360, SIGMA Spectrum), syringe and enteral pumps, NPWT wound care systems, the Home First® Wound Care Kit, Safen® single-use line identification tags (recognized as the industry standard for infusion line labeling), the Chemo Mouthpiece, and the Radiaderm® radiation therapy skincare line. A new ERP system was implemented on March 1, 2026, with management projecting approximately $2 million in annual net savings. Distribution is delivered through six regional Centers of Excellence across Michigan, Kansas, California, Massachusetts, Texas, and Ontario, supported by direct field sales representatives.
The revenue model combines recurring monthly DME rental income, one-time equipment and consumable sales, and professional service fees for biomedical maintenance and billing/insurance support. Pricing is predominantly quote-based for commercial business, with Medicare patient treatment pricing standardized at $79.00 per treatment. Go-to-market is sales-led, targeting hospitals, clinics, oncology practices, pain management practices, wound care providers, and DME manufacturers through field representatives, an online request-quote system, and a 24/7 patient support hotline staffed by registered nurses. The company is incorporated in Kansas, governed under Kansas law, and operates as an independent publicly traded entity with no parent company; it is covered by four sell-side analysts with a consensus "Buy" rating and a recent Roth MKM price target of $15.00.
InfuSystem Holdings firmographics
Firmographics- Name
- InfuSystem Holdings
- Legal name
- InfuSystem, Inc.
- Website
- https://infusystem.com
- Company type
- Public
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- InfuSystem Holdings (NYSE: INFU) is a national healthcare service provider that rents, sells, and services ambulatory infusion pumps and durable medical equipment to hospitals, oncology practices, pain management clinics, and wound care providers across the US and Ontario.
- Ownership category
- akta.pro rank
InfuSystem Holdings industry classification
Industry- Product category
- Durable Medical Equipment Services
- NAICS
- Ambulatory Health Care Services (621), Surgical Appliance and Supplies Manufacturing (339113), Measuring, Dispensing, and Other Pumping Equipment Manufacturing (333914), All Other Outpatient Care Centers (621498)
- SIC
- Surgical & Medical Instruments & Apparatus (3841), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047), Electromedical & Electrotherapeutic Apparatus (3845)
- akta.pro primary industry
- Infusion Pumps (Ambulatory/Stationary) (HLAHAIAF)
- akta.pro secondary industries
- Infusion Sets, Catheters & Pump Consumables (HLAHAIAH), Infusion & Home Infusion Pharmacy Services (HLAFALAG), Infusion Therapy Centers (Outpatient) (HLAFABAF)
Keywords
Where InfuSystem Holdings is headquartered
LocationHeadquarters
- HQ city
- Madison Heights
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
InfuSystem Holdings business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Patient Services (DME Rentals): Rental of ambulatory infusion pumps and durable medical equipment to healthcare providers and patients, generating recurring revenue through monthly rental agreements. Includes wound care services with NPWT systems where wound care revenue more than doubled year-over-year.
- Device Solutions (Sales): Sale of new and pre-owned infusion pumps, disposables, and consumable products. Q1 2026 Device Solutions revenue was $11.6 million, down 16.9% year-over-year due to strategic restructuring of low-margin business.
- Biomedical Services: On-site and depot repair and maintenance services for medical equipment including infusion pumps, patient monitors, ESUs, and other biomedical devices. Includes preventive maintenance and warranty services completed to factory specifications.
- Billing Services: Comprehensive billing and reimbursement services for healthcare providers related to DME and infusion therapy services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Medicare Patient Treatment - Per Treatment Pricing |
| Other | Multi-year contract | Custom Quoting for Equipment and Services |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
InfuSystem Holdings product offering
Product offeringCore offering
InfuSystem provides medical-grade ambulatory and large-volume infusion pumps for sale, rental, and lease, along with disposables, integrated therapy services (oncology, pain management, wound care/NPWT), and on-site and depot biomedical equipment repair services. The company also delivers clinical, billing and reimbursement support, plus proprietary platforms (DeviceHub, Express, InfuBLOCK Dashboard) for device and patient management.
Product overview
InfuSystem Holdings is a national healthcare service provider that operates through three business segments: Patient Services (providing integrated therapy services for oncology, pain management, and wound care), Device Solutions (offering ambulatory infusion pump sales, rentals, leasing, and disposable medical products), and biomedical services (on-site and depot maintenance/repair for medical equipment). The company serves durable medical equipment manufacturers and healthcare providers, delivering ambulatory pumps, supplies, and related clinical and billing services to practices and patients nationwide. The product portfolio includes pump equipment across multiple technology categories (ambulatory, enteral, pole-mounted, syringe pumps), therapy-specific offerings (oncology, pain management, wound care including NPWT systems), biomedical services, and patient-facing platforms (Express, InfuBLOCK Dashboard, DeviceHub).
Differentiator
Problem solved
Functional benefit
Brands
- DeviceHub®: Device management platform for tracking and managing medical equipment
- Express™
- InfuBLOCK Dashboard™
- Radiaderm™
Products and services
- Infusion Pump Sales & Rental Provides new and pre-owned ambulatory and large-volume infusion pumps from multiple brands for sale, rental, and lease to healthcare providers.
- Infusion Pump Financing Offers lease financing options enabling healthcare providers to acquire ambulatory infusion pumps through structured lease arrangements.
- Disposable Products Supplies disposable medical products including pump tubing, IV extension tubing, Huber needles, and other single-use items used with infusion therapy.
- Equipment Catalog - Ambulatory and Pole-Mounted Infusion Pumps Extensive catalog of ambulatory infusion pump models and large-volume pole-mounted pumps, plus syringe and enteral pumps, available for sale, rental, and lease across all major pump technology classes.
- Chemo Mouthpiece Mouthpiece product for chemotherapy patients, sold through InfuSystem's equipment catalog.
- On-site Biomedical Services On-site repair and preventive maintenance services for medical equipment including infusion pumps, patient monitors, ESUs, and other biomedical devices, delivered at customer facilities.
- Depot Biomedical Services Depot-based repair and maintenance services for medical equipment, completed to factory specifications.
- DeviceHub® Device Management Platform Device management platform providing inventory tracking, maintenance scheduling, and equipment lifecycle management for medical devices across customer deployments.
- Oncology Therapy Services Integrated oncology therapy services supporting clinic-to-home patient care, with ambulatory infusion pumps, supplies, clinical hotline support, and bundled billing/reimbursement.
- Pain Management Therapy Services Pain management therapy services providing epidural and IV infusion pumps, nerve block catheters, and postoperative pain pumps with related supplies.
- Wound Care Therapy Services Wound care therapy services bundling NPWT systems, advanced wound care products, and the Home First Wound Care Kit to support chronic wound treatment at home.
- NPWT Systems (Negative Pressure Wound Therapy) Negative pressure wound therapy systems available through the wound care lease program for advanced wound care treatment.
- Home First® Wound Care Kit Home-based wound care kit enabling patients to receive wound care treatment in their homes, supporting the clinic-to-home care model.
- Advanced Wound Care Products Comprehensive line of advanced wound care products supporting chronic wound treatment.
- Skin and Wound Supportive Care Products Supportive care products for skin and wound treatment that complement the wound care therapy services.
- Safen® Single-Use Line Identification Tags FDA-registered, single-use disposable tags designed to reduce infusion line identification errors across care settings; recognized as the industry standard for infusion therapy labeling.
- Radiaderm™ Skincare System (R1 Cooling Gel and R2 Soothing Lotion) Advanced skin care products (R1 Cooling Gel and R2 Soothing Lotion system packs) for cooling, soothing, and protecting the skin of radiation therapy patients during and after treatment. InfuSystem is the USA distributor.
- Billing & Insurance Services Billing, insurance verification, and reimbursement support services for healthcare providers related to durable medical equipment and infusion therapy services.
Quantifiable outcome
- Record full year 2025 revenue of $143.4 million, up 6% year-over-year
- +6 more outcomes
Companies that use InfuSystem Holdings
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
InfuSystem Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
InfuSystem Holdings partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- GE HealthcaremajorStrategic partnership with GE Healthcare for biomedical services. InfuSystem intentionally restructured its largest biomedical services contract with GE Healthcare in late 2025, reducing revenue by $7.1 million to eliminate low-margin business and improve cash flow. This contract restructuring was a strategic decision to prioritize profitable revenue streams.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
InfuSystem Holdings competitors and assessment
Company assessmentBroad incumbents
- McKesson: Largest US pharmaceutical and medical-surgical distributor. Broad incumbent in medical equipment/supplies wholesale with adjacent home infusion distribution capabilities.
- Chemed Corp (VITAS Healthcare): Holds VITAS Healthcare (hospice) and Roto-Rooter; a broader healthcare services platform with adjacent home-based care exposure. Less direct overlap with infusion pumps but comparable healthcare services investor profile.
- Henry Schein: Large distributor of medical, dental, and animal health products. Broad incumbent in medical equipment/supplies wholesale that serves many of the same provider customers as InfuSystem.
- Medtronic: Global medical device manufacturer that produces infusion pumps (e.g., MiniMed, Alaris legacy products) and competes in adjacent pump categories. Broad incumbent in drug-delivery devices.
Direct peers
- Viemed Healthcare: Provider of home medical equipment and respiratory/home infusion services. Directly comparable DME/home-care business model; InfuSystem's investor materials even benchmark FCF yield against Viemed.
- Option Care Health: Largest independent provider of home and alternate-site infusion services in the US. Directly comparable outpatient/home infusion therapy business serving oncology, anti-infective, and chronic disease patients.
- AdaptHealth: National provider of home medical equipment, medical supplies, and related services including sleep, respiratory, and DME. Comparable multi-vertical DME distribution and rental model.
- Owens & Minor (Apria Healthcare): Owens & Minor acquired Apria, a national home medical equipment and infusion supplies provider. Comparable DME distribution plus home infusion therapy services across hospital and home settings.
- Aveanna Healthcare: Provider of home health, hospice, and medical solutions including enteral/infusion supplies. Overlapping home-based therapy services and DME distribution into pediatric and adult patient populations.
- Enhabit: Home health and hospice provider with home-based therapy offerings including infusion. Comparable clinic-to-home care model with multi-state footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
InfuSystem Holdings social profiles
Digital presenceInfuSystem Holdings compliance and trust
Trust signalCompliance1 record
InfuSystem Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
InfuSystem Holdings leadership team
Management profileNumber of profiles
Profiles4 records
InfuSystem Holdings funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InfuSystem Holdings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about InfuSystem Holdings
What does InfuSystem Holdings do?
InfuSystem provides medical-grade ambulatory and large-volume infusion pumps for sale, rental, and lease, along with disposables, integrated therapy services (oncology, pain management, wound care/NPWT), and on-site and depot biomedical equipment repair services. The company also delivers clinical, billing and reimbursement support, plus proprietary platforms (DeviceHub, Express, InfuBLOCK Dashboard) for device and patient management.
Is InfuSystem Holdings a public or private company?
InfuSystem Holdings is a public company. It is classified as public and is currently operating.
When was InfuSystem Holdings founded?
InfuSystem Holdings was founded in 1985. It employs 501 to 1,000 people.
Where is InfuSystem Holdings based?
InfuSystem Holdings is headquartered in Madison Heights, United States, in the North America region.
How does InfuSystem Holdings make money?
Four revenue lines are on record. Patient Services (DME Rentals) is the primary driver. The others are device Solutions (Sales), biomedical Services and billing Services.
Who are InfuSystem Holdings's main competitors?
Broad incumbents on record are McKesson, Chemed Corp (VITAS Healthcare), Henry Schein and Medtronic. Direct peers are Viemed Healthcare, Option Care Health, AdaptHealth, Owens & Minor (Apria Healthcare), Aveanna Healthcare and Enhabit.
Does InfuSystem Holdings have an API?
No public API is recorded for InfuSystem Holdings.
What industry is InfuSystem Holdings in?
InfuSystem Holdings's product category is Durable Medical Equipment Services. Its primary akta.pro industry code is HLAHAIAF, Infusion Pumps (Ambulatory/Stationary), with a secondary code of HLAHAIAH, Infusion Sets, Catheters & Pump Consumables. Its NAICS code is 621 and its SIC code is 3841.