Taylorsville-based PURE Healthcare has announced plans to merge with AleraCare, a provider of infusion and pharmacy services across the U.S.
AleraCare is based in Phoenix and has an office in Millcreek and clinics in Riverton and Layton.
PURE Healthcare is a national medical group that delivers health care services for individuals with complex chronic conditions such as rheumatoid arthritis, Crohn’s disease, multiple sclerosis, Alzheimer’s disease and other autoimmune conditions. The group has treatment centers throughout the West, Midwest and South.
Terms of the merger agreement were not disclosed.
“The proposed merger creates an unprecedented opportunity to provide high-quality patient care, improve clinical outcomes and enhance the availability of infusion services that lower the overall cost to the health care system overall,” said the two companies in a joint release.
Founded in 2019, AleraCare’s core lines of business include ambulatory infusion centers, home infusion therapy and specialty pharmacy services at more than 30 ambulatory infusion centers across the country.
PURE Healthcare, founded in 2018, operates its Pure Infusion Suites at 43 locations across 14 states.
The transaction is expected to close in the fourth quarter and remains subject to customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Act.