Soleo Health Acquires Paragon Infusion Therapy, A Midwest Regional Specialty Infusion Provider
Acquisition Expands Company’s Footprint and Complements its Existing Midwest Presence
McKINNEY, Texas, November 20, 2019 – Soleo Health, an innovative leader in specialty infusion services, announced today its acquisition of Paragon’s Infusion Therapy pharmacy business located in Dayton, Ohio.
Paragon, through its Dayton pharmacy location, provides specialty pharmacy services to patients throughout Southeast Ohio and statewide in both Indiana and Kentucky.
The acquisition of Paragon’s infusion pharmacy expands Soleo Health’s national footprint of 20 pharmacies nationwide, broadens its geographic reach and complements the Company’s Columbus, Ohio location and Midwest presence.
With years of industry experience and success, Paragon Principals Aaron Braden and Brad Manning, along with the entire Paragon team, will join Soleo Health to further strengthen its leading regional market position.
“We welcome Paragon to the Soleo Health family. Since its founding in 2018, Paragon established itself as a leading specialty home infusion provider in its region. We deemed Paragon a perfect fit for Soleo Health as we share a similar philosophy in terms of the high levels of clinical services we deliver, our dedication to patient care and the local attention we provide,” said Drew Walk, Soleo Health’s chief executive officer.
Braden added: “Joining forces with Soleo Health will prove beneficial to the patients we serve and the providers with whom we work, as it will strengthen our regional market leadership role. Aligning with Soleo Health allows us to provide additional capabilities and resources while maintaining our local presence and pulse on the delivery of quality care to which our stakeholders have grown accustomed.”
By expanding its Midwest service area and reach to additional clients who will benefit from a high-touch service model, the combined companies will provide an even greater offering for those patients with complex acute and specialty pharmacy needs.
“Having the Paragon team join our Company will help us expand our distinctive infusion service offering and strengthen the clinical expertise we bring to the Midwest region. Their addition positions Soleo Health to better meet the needs of patients, providers, health systems, manufacturers and payors throughout Southeast Ohio, Indiana and Kentucky,” said Holly Flax, Soleo’s Midwest regional business leader.”
About Soleo Health
McKinney, Texas-based Soleo Health is an innovative national provider of complex specialty pharmacy and infusion services, administered in the home or at alternate sites of care. Soleo Health’s interdisciplinary team, comprised of experienced clinical pharmacists and registered nurses, utilizes a consistent patient management process, which leads to quantifiable clinical and economic value while improving patients’ experience.
Soleo Health operates 20 locations throughout the U.S. with national nursing coverage and pharmacy licensure in 50 states, and is accredited by The Joint Commission. For more information, visit www.soleohealth.com or connect with Soleo Health on Facebook, Twitter and LinkedIn.