31.69
+0.13%
Close of 9 Nov 2026, in USD
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About Option Care Health
From its filings with the US Securities and Exchange Commission
Option Care Health is based in Bannockburn, Illinois and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker OPCH. The SEC classifies its business as home health care services. In the fiscal year to 31 December 2024, it reported revenue of $5.00bn.
Option Care Health, Inc. (“Option Care Health”, “we”, “us”, “our”, or the “Company”) is the largest independent provider of home and alternate site infusion services through its national network of 196 locations in 43 states. Option Care Health draws on over 40 years of clinical care experience to offer patient-centered, cost-effective infusion therapy. Option Care Health’s infusion services include the clinical management of infusion therapy, nursing support and care coordination. Option Care Health’s multidisciplinary team of more than 5,000 clinicians, including pharmacists, pharmacy technicians, nurses and dietitians, are able to provide infusion service coverage for nearly all patients across the United States (“U.S.”) needing treatment for complex and chronic medical conditions.
On April 7, 2015, HC Group Holdings II, Inc. (“HC II”) and its sole shareholder, HC Group Holdings I, LLC. (“HC I”), collectively acquired Walgreens Infusion Services, Inc. and its subsidiaries from Walgreen Co., and the business was rebranded as Option Care, Inc. (“Option Care”).
On March 14, 2019, HC I and HC II entered into a definitive agreement to merge with and into a wholly-owned subsidiary of BioScrip, Inc. (“BioScrip”) (the “Merger”), a national provider of infusion and home care management solutions, which was completed on August 6, 2019 (the “Merger Date”). Following the close of the Merger, BioScrip was rebranded as Option Care Health, Inc.
Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Health Care Providers & Services
- Listed since
- 15 Aug 1996
- Employees
- 6,528
- Website
- optioncarehealth.com ↗
- Head office
- 3000 LAKESIDE DR, BANNOCKBURN, IL, 60015
- Incorporated in
- DE
- Classification
- Services-Home Health Care Services
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Harry KraemerIndependent Non-Executive Chairman of the Board$416,000
- Mr. John RademacherPresident, Chief Executive Officer, Director, since 2019$8.2m
- Ms. Meenal SethnaChief Financial Officer, Executive Vice President
- Mr. Michael ShapiroChief Financial Officer$4.1m
- Mr. Luke WhitworthChief Operating Officer$3.4m
- Mr. Michael BavaroChief Human Resources Officer and Chief Diversity Officer$2.1m
- Mr. Collin SmyserGeneral Counsel, Corporate Secretary$1.9m
- Dr. Femi AdewunmiChief Medical Officer
- Mr. Christopher GrashoffChief Growth Officer$1.7m
- Ms. Elizabeth BettenIndependent Director$282,500
- Ms. Elizabeth BierbowerIndependent Director$278,500
- Ms. Barbara BodemIndependent Director$370,233
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 62
- Environment
- 34
- Social
- 77
- Governance
- 75
- Women in the workforce
- 79.9%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong market presence with a wide network of clinics and healthcare facilities.
- Experienced and knowledgeable management team.
- Diverse range of services offered, including home infusion therapy and specialty pharmacy.
Weaknesses
- Limited geographic reach, primarily focused on specific regions.
- Reliance on third-party payers for reimbursement.
- Limited brand recognition compared to some competitors.
Opportunities
- Increasing demand for home healthcare services.
- Aging population and rising prevalence of chronic diseases.
- Potential for expansion into new markets through partnerships or acquisitions.
Threats
- Intense competition from both local and national healthcare providers.
- Evolving healthcare regulations and policies.
- Price pressure from payers and insurers.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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