CARDINAL HEALTH Inc

(NYSE: CAH)
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73.70 Up +0.43 +0.59%
COMPANY ADDRESS
CARDINAL HEALTH Inc
7000 Cardinal Place
Dublin, OH 43017
USA - Map
Phone: +1 614 757-5000
Website
COMPANY INFORMATION
Exchange: New York Stock Exchange
Stock: Cardinal Health Inc
Industry: Medical Distribution
Employees: 34,000
DESCRIPTION
Cardinal Health Inc is an Ohio corporation formed in 1979. The Company along with its subsidiaries is a healthcare services company providing pharmaceutical and medical products and services that help pharmacies, hospitals and other healthcare providers focus on patient care. The Company also provides medical products to patients in the home. The Company operates in two segments; Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare and consumer products through its Pharmaceutical Distribution division to retailers (including chain and independent drug stores and pharmacy departments of supermarkets and mass merchandisers), hospitals and other healthcare providers. This segment renders services to pharmaceutical manufacturers including distribution, inventory management, data reporting, and new product launch support; provides pharmacy services to hospitals and other healthcare facilities; and franchises retail pharmacies under the Medicine Shoppe and Medicap brands. It also operates nuclear pharmacies and cyclotron facilities through its Nuclear Pharmacy Services division that manufacture, prepare and deliver radiopharmaceuticals for use in nuclear imaging and other procedures in hospitals and physician offices; and distributes specialty pharmaceutical products, provides services to pharmaceutical manufacturers, third-party payors and healthcare providers supporting the development, marketing, distribution and payment for specialty pharmaceutical products, and operates specialty pharmacies through its Specialty Solutions division. The Medical segment distributes a broad range of medical, surgical and laboratory products to hospitals, ambulatory surgery centers, clinical laboratories, physician offices and other healthcare providers in the United States, Canada and China and to patients in the home in the United States through its Cardinal Health at Home division. It also manufactures sources and develops its line of private brand medical and surgical products. Manufactured products include: single-use surgical drapes, gowns and apparel; exam and surgical gloves; and fluid suction and collection systems. The Medical segment also assembles and offers sterile and non-sterile procedure kits. Its manufactured products are sold directly or through third-party distributors in the United States, Canada, Europe and other regions internationally. In addition, the segment provides supply chain services, including spend management, distribution management and inventory management services, to healthcare providers. The Company’s Pharmaceutical segment competes with wholesale distributors with national reach including McKesson Corporation and AmerisourceBergen Corporation, regional wholesale distributors, self-warehousing chains, specialty distributors, third-party logistics companies, companies that provide services supporting the development, marketing, distribution and payment for specialty pharmaceutical products and nuclear pharmacies. The Medical segment competes with different national medical product distributors, including Owens & Minor, Inc., McKesson Corporation and Medline Industries, Inc. It also competes with regional medical product distributors and companies that distribute medical products to patients in the home as well as third-party logistics companies. In addition compete with manufacturers that sell all or part of their product offerings directly. The Company’s operations are regulated by federal, state and local environmental laws.
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Financial data in US dollars | Page generated 2:52 AM ET
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