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FOR IMMEDIATE RELEASE
March 18, 2008
CONTACT: Michael Williams
Amerita, Inc.
(949) 387-5080
mwilliams@ameritaiv.com
AMERITA, INC. ACQUIRES IV SOLUTIONS IN NASHVILLE
Amerita grows to ten locations
Irvine, California, March 18, 2008 – Amerita, Inc. announced today that
it has acquired IV Solutions located at 217 West Maplewood Lane, Nashville,
TN 37207. This marks Amerita’s sixth acquisition in the last two years
and continues the company’s strategy to expand its presence in the Southeast
region.
Started in 1994, IV Solutions has grown to be one of the largest independent
infusion pharmacies in Nashville and has a tremendous clinical and service
reputation in the communities it serves, said Jim Glynn, CEO of Amerita. IV
Solutions provides specialty infusion services that primarily involve the administration
of injectable or infused medications to treat a wide range of acute and chronic
health conditions. This acquisition is our second Tennessee location and complements
our existing Chattanooga branch by expanding our service area throughout the
entire state of Tennessee and also broadens our clinical capabilities in a
new therapy line for the company.
Michael Young, founder of IV Solutions, said, “Amerita and IV Solutions
are a great fit. Our two companies share the same values and philosophy for
specialty infusion excellence: a strong clinical focus, a true commitment to
patient care and customer satisfaction, and exceptional employees who are dedicated
to their patients and their local communities.” He added, “Amerita’s
management team has been excellent to work with. I am confident that Amerita
will create the very best environment for the company that I founded more than
ten years ago to grow and prosper for many years to come.”
“Amerita continues to execute the plan we put in place two years ago
to acquire well run home infusion companies in the West, Southwest and Southeast,” said
Glynn. “The IV Solutions acquisition expands our service capabilities
in the Mid-South and furthers our goal to build a company of scale that provides
high-quality specialty infusion services to patients across the Southern U.S.
We are excited to have Mike’s team as a part of the Amerita family."
Amerita, Inc. www.ameritaiv.com is a privately held Specialty Infusion company
focused on providing complex pharmaceutical products and clinical services
to patients outside of the hospital. This market is expanding rapidly and is
driven by increasing healthcare costs, a growing bio-pharmaceutical pipeline
of infuseable and injectable medications and an aging population. Amerita is
headquartered at 20 Fairbanks, Suite 173, Irvine, CA 92618. Phone: (949) 273-6528
/ Fax: (949) 273-6547
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