OverviewSuggest Edit

Option Care Health (formerly known as BioScrip) is a company providing infusion therapy services. It provides intake coordination, insurance authorization, resources for financial assistance, education, customized treatments, and other services.

TypePublic
Founded1979
HQBannockburn, US
Websiteoptioncarehealth.com
Employee Ratings2.4

Latest Updates

Employees (est.) (Dec 2018)1,657(-4%)
Job Openings338
Revenue (FY, 2019)$2.3 B(+226%)
Share Price (Sept 2020)$12.1 (+4%)
Cybersecurity ratingAMore

Key People/Management at Option Care Health

John C. Rademacher

John C. Rademacher

President & Chief Executive Officer
Cliff Berman

Cliff Berman

General Counsel
Harriet Booker

Harriet Booker

Chief Operating Officer
Brett Michalak

Brett Michalak

Chief Information Officer
Cari Reed

Cari Reed

Chief Compliance Officer
Mike Rude

Mike Rude

Chief Human Resources Officer
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Option Care Health Office Locations

Option Care Health has an office in Bannockburn
Bannockburn, US (HQ)
3000 Lakeside Dr Ste 300n
Show all (1)

Option Care Health Financials and Metrics

Option Care Health Revenue

Option Care Health's revenue was reported to be $2.31 b in FY, 2019
USD

Revenue (Q2, 2020)

740.8m

Gross profit (Q2, 2020)

166.3m

Gross profit margin (Q2, 2020), %

22.4%

Net income (Q2, 2020)

(7.7m)

EBIT (Q2, 2020)

23.2m

Market capitalization (23-Sept-2020)

2.3b

Closing stock price (23-Sept-2020)

12.1

Cash (30-Jun-2020)

118.1m

EV

3.5b
Option Care Health's current market capitalization is $2.3 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.8b708.9m2.3b

Revenue growth, %

17%0%(5%)

Cost of goods sold

1.5b437.7m570.4m723.0m721.3m670.0m547.9m465.9m1.8b

Gross profit

312.3m243.0m513.0m
USDQ1, 2010

Financial Leverage

2.8 x
Show all financial metrics

Option Care Health Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Option Care Health Online and Social Media Presence

Embed Graph

Option Care Health News and Updates

Option Care Health Announces Financial Results for the Second Quarter

BANNOCKBURN, Ill., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Option Care Health, Inc. (the “Company” or “Option Care Health”) (Nasdaq: OPCH), the nation’s largest independent provider of home and alternate site infusion services, announced today financial results for the second quarter ended June 30, 2020…

Option Care Health Announces Pricing of Offering of 18,000,000 Shares of Common Stock

BANNOCKBURN, Ill., July 21, 2020 (GLOBE NEWSWIRE) -- Option Care Health, Inc. (“Option Care Health” or the “Company”) (NASDAQ: OPCH) announced today the pricing of an underwritten offering of 18,000,000 shares of its common stock, which includes 10,000,000 shares offered by the Company and 8,000,0…

Option Care and BioScrip Complete Merger to Form Option Care Health

Largest Independent Home and Alternate Site Infusion Provider Establishes the Standard of Care Across the United States Through Its Clinical Leadership and Technology-Enabled Patient-Centered Model.read more

BioScrip Announces Shareholder Approval of Merger with Option Care

DENVER, Aug. 02, 2019 (GLOBE NEWSWIRE) -- BioScrip, Inc. (NASDAQ: BIOS) ("BioScrip" or the “Company”), the largest independent national provider of infusion and home care management solutions, today announced that its stockholders approved the proposals that are conditions to the proposed merger w…

BioScrip Reports First Quarter 2019 Financial Results

DENVER, May 02, 2019 (GLOBE NEWSWIRE) -- BioScrip, Inc. (NASDAQ: BIOS) ("BioScrip" or the "Company"), the largest independent national provider of infusion and home care management solutions, today announced its first quarter 2019 financial results.                     

BioScrip, Inc. Provides Merger Update

DENVER, April 23, 2019 (GLOBE NEWSWIRE) -- BioScrip, Inc. (NASDAQ: BIOS) ("BioScrip" or the "Company"), the largest independent national provider of infusion and home care management solutions, today provided an update on its proposed merger with Option Care Enterprises, Inc. (“Option Care”).
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Option Care Health Frequently Asked Questions

  • When was Option Care Health founded?

    Option Care Health was founded in 1979.

  • Who are Option Care Health key executives?

    Option Care Health's key executives are John C. Rademacher, Cliff Berman and Harriet Booker.

  • How many employees does Option Care Health have?

    Option Care Health has 1,657 employees.

  • What is Option Care Health revenue?

    Latest Option Care Health annual revenue is $2.3 b.

  • What is Option Care Health revenue per employee?

    Latest Option Care Health revenue per employee is $1.4 m.

  • Who are Option Care Health competitors?

    Competitors of Option Care Health include Getinge, Tenet Healthcare and National Hospital.

  • Where is Option Care Health headquarters?

    Option Care Health headquarters is located at 3000 Lakeside Dr Ste 300n, Bannockburn.

  • Where are Option Care Health offices?

    Option Care Health has an office in Bannockburn.

  • How many offices does Option Care Health have?

    Option Care Health has 1 office.