ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of consideration transferred in acquisition

The following table sets forth the consideration transferred in connection with the acquisition of Home Solutions as of September 9, 2016 (in thousands):



Cash	$	67,516
Equity issued at closing	9,938
Capital lease obligation assumed	301
Fair value of contingent consideration	15,400
Total consideration	$	93,155

Schedule of assets acquired and liabilities assumed

The following table sets forth the preliminary estimate of fair value of the assets acquired and liabilities assumed upon acquisition of Home Solutions as of September 9, 2016 (in thousands):



Accounts receivable	$	11,956
Inventories	3,199
Prepaids and other assets	852
Total current assets	$	16,007
Property and equipment	4,651
Goodwill	57,218
Managed care contracts	24,700
Licenses	5,400
Trade name	1,800
Non-compete agreements	200
Other long-term assets	891
Total assets	$	110,867
Accounts payable	14,576
Accrued liabilities	3,136
Total liabilities	$	17,712
Net assets acquired	$	93,155

Schedule of pro forma combined results

The following table sets forth the unaudited pro forma combined results of operations as if the acquisition of Home Solutions had occurred at the beginning of the periods presented. Adjustments made to the financial information give effect to pro forma events that are (1) directly attributable to the acquisition, (2) factually supportable, and (3) with respect to the statement of operations, expected to have a continuing impact on the combined results. The pro forma financial information does not reflect revenue opportunities and cost savings that the Company expects to realize as a result of the acquisition of Home Solutions. The pro forma financial information includes acquisition related charges incurred prior to December 31, 2016, and does not reflect estimates of charges related to the integration activity or exit costs that may be incurred by BioScrip in connection with the acquisition in future periods.



	Years Ended December 31,
Pro forma impact of acquisition (in millions, except for per share amounts):	2016			2015			2014
Revenues	$	1,019		$	1,091		$	1,028
Gross profit	$	288		$	289		$	277
Gross profit percentage	28.3		%	26.5		%	26.9		%
Loss from continuing operations, net of income taxes	$	(44	)	$	(322	)	$	(178	)
Basic loss per share from continuing operations	$	(0.47	)	$	(4.68	)	$	(2.60	)
Diluted loss per share from continuing operations	$	(0.47	)	$	(4.68	)	$	(2.60	)

Acquisition and integration expenses

Acquisition and integration expenses in restructuring, acquisition, integration, and other expenses, net in the accompanying Consolidated Statements of Operations for the years ended December 31, 2016, 2015 and 2014 include the following costs related to the Home Solutions, CarePoint Business, and the HomeChoice acquisitions (in thousands):



	Year Ended December 31,
	2016		2015		2014
Legal and professional fees	$	3,059	$	1,033	$	6,931
Financial advisory fees	5,087		—		—
Employee costs including redundant salaries and benefits and severance	—		—		2,016
Facilities consolidation and discontinuation	1,323		488		1,401
Bad debt expense and contractual adjustments related to acquired accounts receivable	—		—		5,430
Legal settlement	—		—		334
Other	653		219		1,812
Total	$	10,122	$	1,740	$	17,924