Option Care Health, Inc. · NASDAQ:OPCH
Option Care Health — Merger or Acquisition (May 2023)
14 slides from Option Care Health's merger presentation, May 3, 2023
Slide 1: Investor Presentation May 3, 2023
Investor Presentation May 3, 2023 +
Slide 2: Disclaimer
+ Disclaimer 2 No Offer or Solicitation This communication relates to the proposed merger (the “proposed transaction”) between Option Care Health, Inc . (“Option Care Health”) and Amedisys, Inc . (“Amedisys”) . This communication is not intended to and does not constitute an offer to sell or the sol
Slide 3: Today's Participants
+ Today’s Participants 3 John Rademacher Chief Executive Officer Richard Ashworth President and Chief Executive Officer Scott Ginn Acting Chief Operating Officer and Chief Financial Officer Nick Muscato Chief Strategy Officer Mike Shapiro Chief Financial Officer
Slide 4: Key Transaction Terms
+ Key Transaction Terms 4 Transaction Structure and Exchange Ratio • Option Care to issue shares to Amedisys in an all - stock transaction valued at $3.6B, including assumption of net debt • 3.0213 shares of Option Care to be exchanged for each share of Amedisys — Implies a 26% premium to Amedisys’
Slide 5: Uniting Two Complementary Companies
+ Enterprise Value 1 $6.7B $3.0B $9.7B Market Cap 1 $5.9B $2.5B $8.4B 2022 Revenue $3.9B $2.2B $6.2B 6 2022 Adjusted EBITDA 4 $343M $279M 2 $622M 2022 Cash Flow From Operations $268M $133M $401M Patients Served Annually >265K >455K 5 >720K Clinical Team Members 4.5K+ 12K+ 16.5K+ Service Locations 3
Slide 6: Compelling Strategic Rationale
+ Compelling Strategic Rationale 6 Comprehensive Capabilities Across Care Continuum Expands Access to Care and Enhances Growth Delivers Significant Benefits to Patients by Broadening Stakeholder Relationships Scaled and Unparalleled Clinician Team Across Broad Professional Specialties and National P
Slide 7: Comprehensive Capabilities Across Care Continuum Expands Access to Care and Enhances Growth
+ Comprehensive Capabilities Across Care Continuum Expands Access to Care and Enhances Growth Preventative and Maintenance Acute Post - Acute End - of - life Care Positioned to meet growing demand due to increased therapeutic pathways, aging populations, and growing desire for alternate site health
Slide 8: Delivers Significant Benefits to Patients by Broadening Stakeholder Relationships
+ Delivers Significant Benefits to Patients by Broadening Stakeholder Relationships 8 • Better outcomes • Broader access to high - quality care • Lower cost of care • More efficient care coordination • More seamless experience across alternate site services • Improved efficiency and greater care coo
Slide 9: Scaled and Unparalleled Clinician Team Across Broad Professional Specialties
+ Scaled and Unparalleled Clinician Team Across Broad Professional Specialties… • Social Workers • Bereavement Counselors • Respiratory Therapists • Physical Therapists • Speech Therapists • Occupational Therapists • Home Health Nurses • Nurse Practitioners • Nurse Aids • Infusion Nurses • Pharmacy
Slide 10: National Platform that Increases Access to High Quality Care
+ …and National Platform that Increases Access to High Quality Care 10 Option Care Management Centers Option Care Stand - Alone Infusion Centers Amedisys Hospice Care Centers Amedisys Home Health Care Centers 1 As of YE2022 National Footprint with a Local Focus 1
Slide 11: Data Aggregation Enables Intelligent Insights to Enhance Outcomes and Reduce Cost of Care
+ >720K Patients Served with Data Aggregation Enables Intelligent Insights to Enhance Outcomes and Reduced Cost of Care 11 Lower Total Cost of Care Deliver Quality Patient Outcomes Improve Patient Experience Enable Value - Based Care Models and Other Insights for Payers Utilize Data to Streamline Pa
Slide 12: Builds on Track Records of Delivering High Quality Care and Patient Satisfaction
+ Builds on Track Records of Delivering High Quality Care and Patient Satisfaction 92% 4 Patient Satisfaction 4.49 1 Quality of Patient Care 3.57 2 Patient Satisfaction Consistently above industry average Differentiated Quality Positions Combined Company Well for Value Based Arrangements 99% HIS Com
Slide 13: Combined Company has Strong Financial Platform with Pathway to Create Significant Value
+ Combined Company has Strong Financial Platform with Pathway to Create Significant Value for Shareholders Substantial synergy potential driven by a leading healthcare services management team with a track record of execution Substantial scale drives Free Cash Flow generation Enhanced credit profile
Slide 14: Investor Relations Contacts
+ 14 Nick Muscato Chief Strategy Officer (855) 259 - 2046 IR@amedisys.com Mike Shapiro Chief Financial Officer (312) 940 - 2538 investor.relations@optioncare.com
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