Profile: Cardinal Health Inc (CAH)
19 Dec 2013
Cardinal Health, Inc. is a healthcare services company providing products and services that help pharmacies, hospitals, surgery centers, physician offices and other healthcare providers. During the fiscal year ended June 30, 2012 (fiscal 2012), the Company operated 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 business to retailers. The Medical segment distributes a range of medical, surgical and laboratory products to hospitals, surgery centers, laboratories, physician offices and other healthcare providers. Effective March 18, 2013, it merged with AssuraMed Holding Inc.
In the United States, the Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, and consumer products through its pharmaceutical distribution business to retailers (including chain and independent drug stores and pharmacy departments of supermarkets and mass merchandisers), hospitals, and alternate care providers (including mail order pharmacies). This business helps pharmaceutical manufacturers with services including distribution, inventory management, data/reporting, new product launch support, and contract and chargeback administration. The segment operates nuclear pharmacies and cyclotron facilities that manufacture, prepare and deliver radiopharmaceuticals for use in nuclear imaging and other procedures in hospitals and clinics; distributes specialty pharmaceutical products and provides services to pharmaceutical manufacturers, third-party payors and healthcare service providers supporting the marketing, distribution, and payment for specialty pharmaceutical products; franchises retail pharmacies under the Medicine Shoppe and Medicap brands, and provides pharmacy services to hospitals and other healthcare facilities. In China, the Pharmaceutical segment distributes branded, generic and specialty pharmaceuticals, over-the-counter and consumer products as well as provides logistics, marketing and other services through Cardinal Health China. Its specialty solutions division distributes oncology, rheumatology and other pharmaceutical products to physician offices; distributes human plasma products and some limited-distribution pharmaceutical products to hospitals and other healthcare providers, and provides various consulting and other services to pharmaceutical manufacturers, third-party payors and healthcare providers primarily supporting the marketing, distribution and payment for these products.
The Company competes with McKesson Corporation, AmerisourceBergen Corporation, H.D. Smith and Morris & Dickson Co., L.L.C, United Parcel Service, Inc.
The Medical segment distributes a range of medical, surgical and laboratory products to hospitals, surgery centers, laboratories, physician offices and other healthcare providers in the United States and Canada. This segment also manufactures, sources and develops its own 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 segment also offers sterile and non-sterile procedure kits. Its manufactured products are sold directly or through third-party distributors in the United States, Canada, Europe, South America and the Asia/Pacific region. In addition, the segment provides supply chain services, including spend management, distribution management, and inventory management services, to healthcare providers.
The Company competes with Owens & Minor, Inc., Thermo Fisher Scientific Inc., PSS World Medical, Inc., Henry Schein, Inc.,, Medline Industries, Inc, Kimberly-Clark Corporation, Ansell Limited, DeRoyal Industries Inc., Medline Industries, Inc., Professional Hospital Supply and Medical Action Industries.
Cardinal Health Inc
7000 Cardinal Place
DUBLIN OH 43017
Company Web Links
- US STOCKS-Wall Street falls after record; Fed remains in focus
- CVS, Cardinal Health form U.S. generic drug venture
- UPDATE 2-CVS, Cardinal Health form U.S. generic drug venture
- BRIEF-Cardinal Health shares up 3.5 pct, CVS Caremark up 1.6 pct on JV announcement
- CVS, Cardinal Health enter U.S. generic drug joint venture