DUBLIN, Ohio — The COVID-19 pandemic has driven fast-paced, significant changes in the health care industry around the world. Cardinal Health has embraced these changes and – thanks to a deep commitment to its employees and its customers, a resilient business model and a constant focus on innovation and technology – is poised to be
DUBLIN, Ohio — Cardinal Health has launched Outcomes, a digital ecosystem connecting pharmacists, payers and pharmaceutical companies to mitigate the challenges of medication non-adherence. Outcomes delivers digital health solutions for personalized medication therapy management, digital patient engagement, and telepharmacy, via its Connect platform, so these three customer groups can improve patient adherence to medication, drive
DUBLIN, Ohio — Cardinal Health on Tuesday was awarded a $57.8 million contract, including options that if exercised by the U.S. Department of Health and Human Services (HHS) could reach $91.6 million, for the storage and distribution of 80,000 pallets of personal protective equipment (PPE) to support the Strategic National Stockpile (SNS), part of the
DUBLIN, Ohio — Cardinal Health announced that it has signed a definitive agreement to sell its Cordis business to Hellman & Friedman (H&F) for approximately $1 billion, which includes buyer’s assumption of certain liabilities and seller’s retention of certain working capital accounts. The transaction is expected to close in the first half of Cardinal Health’s
MIAMI — eMed, a digital health company democratizing healthcare through digital point-of-care solutions, and Cardinal Health have announced a collaboration to distribute millions of at-home COVID-19 rapid tests to pharmacies across the continental United States, Puerto Rico and U.S. Virgin Islands. “There is a significant need for affordable, easily accessible coronavirus testing in this country
DUBLIN, Ohio — To help health systems optimize and benchmark progress as they innovate their clinical and operational supply chains, Cardinal Health WaveMark Supply Management & Workflow Solutions announced a collaboration with HIMSS Analytics as a Certified Organization of the Clinically Integrated Supply Outcomes Model (CISOM). The CISOM is more than a guide for cost or process-improvement
DUBLIN, Ohio — Cardinal Health today reported second-quarter fiscal year 2021 revenue of $41.5 billion, an increase of 5% from the second quarter of last year. Second-quarter GAAP operating earnings increased 38% to $461 million, primarily due to the beneficial comparison to the prior-year charge related to voluntary surgical gown recalls. GAAP diluted earnings per share
DUBLIN, Ohio — OptiFreight Logistics, a Cardinal Health company, announced on Tuesday the launch of TotalVue Analytics — a tool for health care supply chain leaders to utilize predictive technology and data to identify logistics savings and benchmarking. Leveraging the scale of Cardinal Health, TotalVue Analytics provides health systems with visibility into shipping trends to
DUBLIN, Ohio — Cardinal Health has been selected by the Ohio Department of Health to support its efforts to distribute COVID-19 vaccines by arranging transportation within the state of Ohio. Once a vaccine is available and Ohio receives doses for in-state distribution, Cardinal Health’s OptiFreight Logistics business will provide same-day delivery services to approximately 350
DUBLIN, Ohio — In response to the COVID-19 pandemic, U.S. oncologists have adjusted patient care by embracing telemedicine and switching more patients to oral therapies to limit office visits—but personally, more oncologists may be experiencing burnout due to the loss of face-to-face interactions with patients, according to new research from Cardinal Health Specialty Solutions.
NEW YORK — Cardinal Health Inc. and AmerisourceBergen Corp. will be network administrators in the Federal Pharmacy Partnership Strategy for COVID-19, which will enable independent, small chain and long-term-care pharmacies to participate in the vaccination effort. McKesson Corp., which will be a centralized vaccine distributor, is preparing to carry out the Centers for Disease Control
DUBLIN, Ohio — Cardinal Health has reached an agreement with the Centers for Disease Control and Prevention (CDC) to act as a network administrator in Phase 2 of the Federal Pharmacy Partnership Strategy for COVID-19, which will enable retail independent, small chains and long-term care pharmacy customers to participate in the vaccination effort. The COVID-19 vaccine
DUBLIN, Ohio — Cardinal Health has reported first quarter fiscal year 2021 revenues of $39.1 billion, an increase of 5% from the first quarter of last year. First quarter GAAP operating loss was $624 million due to a $1.0 billion pre-tax accrual related to opioid litigation. This quarter’s accrual is incremental to the $5.6 billion accrual recorded in the first quarter
ALEXANDRIA, Va. — The 2020 NCPA Digest, sponsored by Cardinal Health, was released today as part of the National Community Pharmacists Association’s Annual Convention. The NCPA Digest, which provides an annual overview of independent community pharmacy, found that the industry in 2019 represented 35 percent of all retail pharmacies in the United States and a $73.7 billion marketplace.