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Home > SMT Wrapper

Apria Banks on Infusion Market with Acquisition of Coram

Published Monday, October 22, 2007

LAKE FOREST, Calif.--In a strategic move away from reliance on Medicare and Medicaid, giant HME provider Apria Healthcare Group said it will acquire Coram, a national home infusion and specialty pharmaceutical services provider, in a $350 million cash deal. Company officials said the addition will position Apria as the leading nationwide home infusion provider. Together, the two companies care for more than 100,000 patients in all 50 states. It also sets up Apria to enter the rapidly growing specialty pharmaceutical market and to expand existing managed-care relationships in its respiratory/HME business. Headquartered in Denver, Colo., with 2,100 employees, ...

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