Businessweek

InfuSystem Holdings, Inc., through its subsidiaries, provides infusion pumps and related services to hospitals, oncology practices and facilities, and other alternate site healthcare providers. The company delivers local, field-based customer support, and also operates pump service and repair centers of excellence in Michigan, Kansas, California, and Ontario, Canada. Services The company's primary service is to supply electronic ambulatory infusion pumps and associated disposable supply kits to oncology clinics, infusion clinics and hospital outpatient chemotherapy clinics to be utilized in the treatment of various cancers, including colorectal cancer. The company owns approximately 24,000 ambulatory infusion pumps which are dedicated to this service offering. The company provides these pumps and related supplies to oncology clinics, obtains an assignment of insurance benefits from the patient, and bills the patient’s insurance company or patient as appropriate, for the use of the pump and supplies, and collect payment. The company also provides pump management services for the pumps and associated disposable supply kits to approximately 1,400 oncology clinics in the United States, while retaining title to the pumps during this process. In addition, the company sells, rents, and leases new and pre-owned pole mounted and ambulatory infusion pumps to oncology practices and provide biomedical certification, maintenance and repair services for, these same oncology practices, as well as to other alternate site settings, including home care and home infusion providers, skilled nursing facilities, pain centers, and others in the United States and Canada. It owns a fleet of approximately 20,000 new and used pole mounted and ambulatory pumps, representing approximately 70 makes and models of equipment. The company also provides these products and services to customers in the hospital market. Customers The company has contracts with approximately 230 third party payor plans that cover approximately 200 million lives. Its major contracted payor is Medicare. The company has contracts with various individual Blue Cross/Blue Shield affiliates. It also contracts with various other third party payor organizations, commercial Medicare replacement plans, self-insured plans, and various other insurance carriers. Suppliers The company's suppliers include Smiths Medical, Inc.; Hospira Worldwide, Inc.; and WalkMed Infusion, LLC.