UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K
 



CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported) January 24, 2012
 
 

BIOSCRIP, INC.
(Exact name of Registrant as specified in its charter)




         
Delaware
 
0-28740
 
05-0489664
(State of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)

 
     
100 Clearbrook Road, Elmsford, New York
 
10523
(Address of principal executive offices)
 
(Zip Code)

 
Registrant’s telephone number, including area code: (914) 460-1600
 
N/A
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 
 

 

Item 1.01                      Entry into a Material Definitive Agreement.

On January 24, 2012, BioScrip, Inc. (the “ Company ”) entered into the Fifth Amendment dated as of January 1, 2012 (the “ Amendment ”) to the Prime Vendor Agreement dated as of July 1, 2009, by and among AmerisourceBergen Drug Corporation, a Delaware corporation and the Company and its subsidiaries (as amended as of March 25, June 1, and August 1, 2010 and May 1, 2011, the “ Agreement ”). The Amendment modifies certain payment terms of the Agreement.

This description of the Amendment is qualified in its entirety by the Amendment filed as Exhibit 10.1 to this Current Report on Form 8-K, which is incorporated herein by reference.


Item 9.01                      Financial Statements and Exhibits.

(d) Exhibits.

     
Exhibit No.
 
 
Description
     
10.1
 
Fifth Amendment, dated as of January 1, 2012, to the Prime Vendor Agreement dated as of July 1, 2009 and amended as of March 25, 2010, June 1, 2010, August 1, 2010, and May 1 2011 by and among AmerisourceBergen Drug Corporation, Bioscrip, Inc., BioScrip Infusion Services, Inc., Chronimed, LLC, Bioscrip Pharmacy, Inc., Bradhurst Specialty Pharmacy, Inc., Bioscrip Pharmacy (NY), Inc., Bioscrip PBM Services, LLC, Natural Living, Inc., Bioscrip Infusion Services, LLC, Bioscrip Nursing Services, LLC, Bioscrip Infusion Management, LLC, Bioscrip Pharmacy Services, Inc., Critical Homecare Solutions, Inc., Specialty Pharma, Inc., New England Home Therapies, Inc., Deaconess Enterprises, LLC, Infusion Solutions, Inc., Professional Home Care Services, Inc., Wilcox Medical, Inc., Deaconess Homecare, LLC, South Mississippi Home Health, Inc., Regional Ambulatory Diagnostics, Inc., Elk Valley Professional Affiliates, Inc., Infusion Partners, LLC, Knoxville Home Therapies, LLC, South Mississippi Home Health, Inc., - Region I, South Mississippi Home Health, Inc. - Region II, South Mississippi Home Health, Inc. - Region III, Applied Health Care, LLC, East Goshen Pharmacy, Inc., Infusion Partners of Brunswick, LLC, Scott Wilson, Inc., Infusion Partners of Melbourne, LLC, Elk Valley Home Health Care Agency, Inc., Gericare, Inc., Cedar Creek Home Health Care Agency, Inc., Elk Valley Health Services, Inc., National Health Infusion, Inc., Option Health, Ltd. and CHS Holdings, Inc.*
__________________
* Application has been made to the Securities and Exchange Commission for confidential treatment of certain provisions of these exhibits. Omitted material for which confidential treatment has been requested has been filed separately with the Securities and Exchange Commission.


 
 

2
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
         
   
BIOSCRIP, INC.
     
     
     
Date: January 25, 2012
     
/s/ Richard Smith 
   
By:
 
Richard M. Smith
       
President and Chief Executive Officer

 
 

 
 

 


EXHIBIT INDEX
 
  
     
Exhibit No.
 
 
Description
     
10.1
 
Fifth Amendment, dated as of January 1, 2012, to the Prime Vendor Agreement dated as of July 1, 2009 and amended as of March 25, 2010, June 1, 2010, August 1, 2010, and May 1 2011 by and among AmerisourceBergen Drug Corporation, Bioscrip, Inc., BioScrip Infusion Services, Inc., Chronimed, LLC, Bioscrip Pharmacy, Inc., Bradhurst Specialty Pharmacy, Inc., Bioscrip Pharmacy (NY), Inc., Bioscrip PBM Services, LLC, Natural Living, Inc., Bioscrip Infusion Services, LLC, Bioscrip Nursing Services, LLC, Bioscrip Infusion Management, LLC, Bioscrip Pharmacy Services, Inc., Critical Homecare Solutions, Inc., Specialty Pharma, Inc., New England Home Therapies, Inc., Deaconess Enterprises, LLC, Infusion Solutions, Inc., Professional Home Care Services, Inc., Wilcox Medical, Inc., Deaconess Homecare, LLC, South Mississippi Home Health, Inc., Regional Ambulatory Diagnostics, Inc., Elk Valley Professional Affiliates, Inc., Infusion Partners, LLC, Knoxville Home Therapies, LLC, South Mississippi Home Health, Inc., - Region I, South Mississippi Home Health, Inc. - Region II, South Mississippi Home Health, Inc. - Region III, Applied Health Care, LLC, East Goshen Pharmacy, Inc., Infusion Partners of Brunswick, LLC, Scott Wilson, Inc., Infusion Partners of Melbourne, LLC, Elk Valley Home Health Care Agency, Inc., Gericare, Inc., Cedar Creek Home Health Care Agency, Inc., Elk Valley Health Services, Inc., National Health Infusion, Inc., Option Health, Ltd. and CHS Holdings, Inc.*
__________________
* Application has been made to the Securities and Exchange Commission for confidential treatment of certain provisions of these exhibits. Omitted material for which confidential treatment has been requested has been filed separately with the Securities and Exchange Commission.




Exhibit 10.1
 
NOTE:  CERTAIN INFORMATION (INDICATED BY “[****]”) IN THIS EXHIBIT HAS BEEN
OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
 
 
FIFTH AMENDMENT TO
PRIME VENDOR AGREEMENT

 
FIFTH AMENDMENT, dated as of January 1, 2012 (“ Fifth Amendment ”) to the PRIME VENDOR AGREEMENT made as of July 1, 2009, as amended as of March 2010, June 1, 2010, August 1, 2010 and May 1, 2011 (the “ Existing PVA ”), between AmerisourceBergen Drug Corporation (“ ABDC ”), on the one hand, and Bioscrip, Inc., BioScrip Infusion Services, Inc., Chonimed LLC, Bioscrip Pharmacy Inc., Bradhurst Specialty Pharmacy, Inc., Bioscrip Pharmacy (NY), Inc., Bioscrip PBM Services, LLC, Natural Living Inc., Bioscrip Infusion Services, LLC, Bioscrip Nursing Services, LLC, Bioscrip Infusion Management, LLC, Bioscrip Pharmacy Services, Inc., Critical Homecare Solutions, Inc., Specialty Pharma, Inc, New England Home Therapies, Inc., Deaconess Enterprises, LLC, Infusion Solutions, Inc, Professional Home Care Services, Inc., Wilcox Medical, Inc., Deaconess Homecare, LLC, South Mississippi Home Health, Inc., Regional Ambulatory Diagnostics, Inc., Elk Valley Professional Affiliates, Inc., Infusion Partners, LLC, Knoxville Home Therapies, LLC, South Mississippi Home Health, Inc.- Region I, South Mississippi Home Health, Inc. – Region II, South Mississippi Home Health, Inc. – Region III, Applied Health Care, LLC, East Goshen Pharmacy, Inc., Infusion Partners of Brunswick, LLC, Scott Wilson, Inc., Infusion Partners of Melbourne, LLC, Elk Valley Home Health Care Agency, Inc., Gericare, Inc., Cedar Creek Home Health Care Agency, Inc., Elk Valley Health Services, Inc., National Health Infusion, Inc., and Option Health, Ltd (severally and collectively sometimes hereinafter referred to and obligated as “ Customer ”), on the other hand.
 
Terms not otherwise defined herein shall have the meanings ascribed to such terms in the Existing PVA.
 
 
 
[****] Paragraph 3E is hereby amended [****] as follows:
 
 

 
[****]
 
Except as provided herein, all provisions, terms and conditions of the Existing PVA shall remain in full force and effect.  The parties have had a duly authorized officer execute this Fifth Amendment to the Existing PVA as of the date first listed above.
 
 
 
BIOSCRIP INC.
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
BIOSCRIP INFUSION SERVICES, INC.
 
By:        /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
 
 
 

 
 
CHRONIMED, LLC
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
BIOSCRIP PHARMACY, INC.
 
By:        /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
BRADHURST SPECIALTY
PHARMACY, INC.
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
BIOSCRIP PHARMACY (NY), INC.
 
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
BIOSCRIP PBM SERVICES, LLC
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
NATURAL LIVING, INC.
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
BIOSCRIP INFUSION SERVICES, LLC
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
BIOSCRIP NURSING SERVICES, LLC
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
BIOSCRIP INFUSION MANAGEMENT, LLC
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
SPECIALTY PHARMA, INC
 
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
 
CRITICAL HOMECARE SOLUTIONS, INC.
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
DEACONESS ENTERPRISES, LLC
 
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
NEW ENGLAND HOME THERAPIES, INC.
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
INFUSION SOLUTIONS, INC.
 
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 


Bioscrip 5th Amendment – ALT – National (January 2012)
  2
 
 


 
 
 
PROFESSIONAL HOME CARE SERVICES, INC.
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
 
WILCOX MEDICAL, INC.
 
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
DEACONESS HOMECARE, LLC
 
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
REGIONAL AMBULATORY DIAGNOSTICS, INC.
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
SOUTH MISSISSIPPI HOME HEALTH, INC.
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
ELK VALLEY PROFESSIONAL AFFILIATES, INC.
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
 
INFUSION PARTNERS, LLC
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
KNOXVILLE HOME THERAPIES, LLC
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
 
SOUTH MISSISSIPPI HOME HEALTH, INC. - REGION I
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
 
SOUTH MISSISSIPPI HOME HEALTH, INC. – REGION II
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
SOUTH MISSISSIPPI HOME HEALTH, INC. – REGION III
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
APPLIED HEALTH CARE, LLC
 
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
EAST GOSHEN PHARMACY, INC.
 
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
INFUSION PARTNERS OF BRUNSWICK, LLC
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 



Bioscrip 5th Amendment – ALT – National (January 2012)
  3
 
 
 
SCOTT WILSON, INC.
 
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
INFUSION PARTNERS OF MELBOURNE, LLC
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
ELK VALLEY HOME HEALTH CARE AGENCY, INC.
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
GERICARE, INC.
 
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
 
CEDAR CREEK HOME HEALTH CARE AGENCY, INC.
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
 
 
ELK VALLEY HEALTH SERVICES, INC.
 
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
NATIONAL HEALTH INFUSION, INC.
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
OPTION HEALTH, LTD.
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
BIOSCRIP PHARMACY SERVICES, INC.
 
By:       /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
CHS HOLDINGS, INC.
 
 
By:         /s/ Richard Smith    
Name: Richard Smith
Title: President and CEO
 
AMERISOURCEBERGEN DRUG
CORPORATION
 
By:        /s/ Ricky L. Oyler    
Name: Ricky L. Oyler
Title: EVP, Strategic Accounts
 


 


Bioscrip 5th Amendment – ALT – National (January 2012)
  4