Allion Healthcare

Allion Healthcare Inc.
Type Public
Industry Specialized Health Services[1]
Founded 1983 (The Care Group)
1999 (Allion)
Headquarters Melville, New York, United States of America
Area served New York, California, Florida, New Jersey, and Washington
Key people Michael P. Moran (Chairman, President, CEO)
Revenue increase US$341 Million (FY 2009)[2]
Operating income increase US$15.7 Million (FY 2009)[2]
Net income increase US$7.52 Million (FY 2009)[2]
Total assets increase US$271 Million (FY 2009)[3]
Total equity increase US$169 Million (FY 2009)[3]
Employees 190[4]
Website allionhealthcare.com

Allion Healthcare (NASDAQALLI) is the parent company of MOMSpharmacy based in Melville, New York primarily known for providing mail order HIV medications to patients who are primarily on Medicaid or the AIDS Drug Assistance Program (ADAP).

Among the offerings is the MOMSPak in which the drugs are packed together in dated individual packages to make the multi-drug regimen easier.[5]

The company reported having 15,610 patients in 2007.

The company has distribution centers in New York, California, Florida, New Jersey, and Washington.

The company was founded in 1983 as The Care Group and changed its name to Allion in 1999 after emerging from bankruptcy.[6][7]

The company has an agreement with Roche Laboratories for pricing discounts in exchange for providing blind patient data on Fuzeon medication. In November 2007 Company signed an exclusive distribution agreement with Galea Life Sciences for Nutraplete, the first therapeutic dietary supplement designed specifically for people living with HIV/AIDS.[8]

Allion Healthcare has entered into a definitive merger agreement with HIG Capital.(18-Oct-09) Allion acquired and taken private by an affiliate of HIG Capital, in a transaction valued at approximately $278m, including the assumption or repayment of approximately $79m of indebtedness. Allion stockholders would receive $6.60 per share in cash, representing a premium of 30.2% over Allion’s average share price for the five trading days prior to the execution and public announcement of the transaction. [9]

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