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.