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BioScrip, Inc. (BIOS)

  • Nov. 27, 2013, 11:00 AM
  • Nov. 27, 2013, 10:13 AM
  • Jun. 17, 2013, 8:36 AM
    BioScrip (BIOS) agrees to acquire fellow home-infusion company CarePoint Partners for $223M in cash, or a net $178M when taking into account a $45M future tax benefit that's related to the deal. CarePoint is expected to generate $160M in annual revenues and will add 20,500 patients a year to BioScrip's roster, giving the latter a total of 100,000 patients. (PR)
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  • Dec. 13, 2012, 12:46 PM
    BioScrip (BIOS +1.7%) moves up after announcing earlier today that it was buying infusion pharmacy services provider HomeChoice Partners for $70M in cash from DaVita HealthCare Partners (DVA -0.3%). The deal is part of a larger effort by BIOS to expand its national footprint. In February, it sold its specialty and mail-service pharmacy operations to Walgreen (WAG)for $225M, saying it wanted to turn its focus onto building its alternate-site infusion business.
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  • Feb. 2, 2012, 8:13 AM
    More on the WAG-BIOS deal (previous): BioScrip (BIOS) will come out of the deal considerably leaner, but will still have its infusion, home health, pharmacy benefit management and cash card businesses. The firm also say that it will continue to service its infusion patient base and managed care customers through its pharmacies. Shares of BIOS are currently halted.
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  • Feb. 2, 2012, 8:09 AM
    Walgreen (WAG) snaps up assets of BioScrip (BIOS) including community specialty pharmacies and centralized specialty and mail service pharmacy businesses for a total deal value of $225M. The agreement calls for an additional $60M payment depending on if Walgreen retains some of the lines of business. Shares of WAG -0.3% premarket, BIOS halted.
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Company Description
BioScrip Inc provides home infusion & other home healthcare services to patients, physicians, hospitals, healthcare payors & pharmaceutical manufacturers to provide clinical management solutions & delivers cost-effective access to medications.
Sector: Services
Industry: Drug Stores
Country: United States