CarePoint Partners, an alternate-site infusion therapy and specialty pharmacy provider announced it has acquired Pinnacle Infusion.
Pinnacle serves southwest Georgia and the acquisition is designed to complement the company’s presence in Atlanta and its significant Florida footprint. This becomes the 16th acquisition of CarePoint in less than five years.
“We are excited to have this team of professionals join CarePoint Partners. In conjunction with CarePoint’s current locations in Atlanta and Jacksonville, this acquisition will allow us to bridge those markets and care for more home infusion patients in the southeast,” said Dana Soper, CEO of CarePoint. “This acquisition fits perfectly into our business model of being a local, trusted healthcare provider with the resources of a sophisticated national network.”
CarePoint is one of the largest independent infusion therapy providers in the United States, serving over 6,500 patients per day at now 28 sites across ten states.
The acquisition of Pinnacle Infusion was completed on June 12, 2012. Financial terms of the transaction were not disclosed. \
Written by John Yedinak