Option Care Health confirms termination of merger agreement with Amedisys

Option Care Health (OPCH) announced that it has terminated its previously announced agreement to combine with Amedisys (AMED). As part of the mutual termination agreement, Option Care Health will receive a $106M termination fee. Consistent with Option Care Health’s commitment to creating shareholder value, the Company will incorporate the termination fee into its established capital allocation strategy. “While we are disappointed in this outcome, Option Care Health has a long track record of delivering value for our shareholders,” said John Rademacher, President and Chief Executive Officer of Option Care Health. “We take a disciplined approach to acquisitions and, as we evaluated our options, we applied this discipline to ensure we continue to create value for all of our key stakeholders.”