CarePoint Expands Home Infusion Network in Texas

CINCINNATI — CarePoint Partners announced Jan. 17 that it
has acquired ivA Lifetec, a home infusion provider serving the
Houston, Texas, market. With this acquisition and its purchase of
Allied Preferred Care, a Dallas-Fort Worth infusion services
company, in October, CarePoint adds the two largest markets in
Texas to its service area across the eastern and southern regions
of the United States.

Since its inception in December 2007 under the Chicago-based
Waud Capital Partners portfolio, CarePoint has made 10 acquisitions
and now operates a network of home infusion and specialty
pharmacies with 17 sites in Florida, Louisiana, Ohio, Pennsylvania,
Rhode Island, Texas and West Virginia.

According to CarePoint CEO Dana Soper, “Our business model is to
closely partner with health care professionals in the patient
continuum of care involving in-home or alternate-site infusion
therapy. What really makes us different is the fact that we go
beyond the fundamental drop-ship dispatch services. We employ a
collaborative ‘hospital-to-home’ program that optimizes outcomes
and patient satisfaction.”

Both the patient and the hospital benefit from the program,
Soper said in a release. “It prevents ‘bed lock’ or triage of
patients by transitioning a patient to home with infusion therapy
and allows the patient to convalesce at home versus an acute
hospital or long term facility.”

Lifetec, which specializes in pediatric infusion care in
conjunction with home health nursing, will continue to operate
under its own name and retain its staff. Terms of the deal were not
disclosed.