Tag: Cardinal Health
Cardinal Health looks to at-Home Solutions for growth
August 25, 2023HME News Staff
DUBLIN, Ohio – Cardinal Health didn’t see much movement in revenue for its Medical segment in the fourth quarter of fiscal year 2023, but the company’s at-Home Solutions was a highlight, helping to offset losses in Products and Distribution.
The company reported about $3.8 billion in revenue for the Medical segment in both the fourth quarters of FY23 and FY22. It reported about $15 billion in revenue for the full year, down from $15.9 billion for the previous year.
“We...
Cardinal Health at-Home Solutions to open largest distribution center yetÂ
June 15, 2023HME News Staff
DUBLIN, Ohio – Cardinal Health has plans to build a new distribution center in the Greenville, S.C., area to support its at-Home Solutions business. At about 350,000 square feet, the new center will provide at-Home Solutions with the space and automation it needs to serve its existing customers and patients, while allowing for business expansion. “I am thrilled about this new space, which is the second building we’ve built from the ground up inside of two years – and the largest...
In brief: Cardinal Health partners with Square, Quipt terminates equity programÂ
June 2, 2023HME News Staff
DUBLIN, Ohio, and SAN FRANCISCO – Cardinal Health has partnered with Square to launch modern payment solutions for independent pharmacies and give them access to products that can help them better manage their business.
The partnership allows Cardinal Health to offer its independent pharmacy customers access to innovative products that can seamlessly manage business operations, integrate flexible payment options for in-store, online and delivery purchases, and reduce payment processing...
Cardinal Health, Square to offer payment solutions for indie pharmacies
June 1, 2023HME News Staff
DUBLIN, Ohio and SAN FRANCISCO – Cardinal Health has partnered with Square to launch modern payment solutions for independent pharmacies and give them access to products that can help them better manage their business.
The partnership allows Cardinal Health to offer its independent pharmacy customers access to innovative products that can seamlessly manage business operations, integrate flexible payment options for in-store, online and delivery purchases, and reduce payment processing...
Cardinal Health unveils two distribution centersÂ
April 25, 2023HME News Staff
DUBLIN, Ohio – Cardinal Health will host ribbon cutting celebrations for two new distribution centers in central Ohio in April, with both facilities focused on supporting the company’s U.S. Medical Products and Distribution (USMPD) and at-Home Solutions businesses. The openings are part of Cardinal Health’s multi-year warehousing and modernization plan for its Medical Segment to support business growth and expansion and to accelerate service for existing customers. "Central Ohio remains...
Cardinal Health to install Swisslog Automation Solution
March 16, 2023HME News Staff
NEWPORT NEWS, Va. – Cardinal Health will install a Swisslog Automation Solution within its new at-Home Solutions distribution center in Grove City, Ohio. The facility is part of the at-Home Solutions business' multi-year strategy to increase warehouse capacity to accommodate its rapid growth. The AutoStore solution, empowered by Swisslog, has 31,844 storage bins providing 83,000 cubic feet of storage for 14,154 SKUs. The solution operates on synchronized intelligence from Swisslog's...
Cardinal, Signify partner on medication managementÂ
March 7, 2023HME News Staff
DUBLIN, Ohio – Cardinal Health is collaborating with Signify Health to offer in-home clinical and medication management services through its Outcomes business. The collaboration will help reduce costs and eliminate gaps in care for more than 2.4 million members nationwide, Cardinal says. "At Outcomes, we're working to revolutionize the health care journey by offering a more integrated experience that connects all sites of care," said Brent Stutz, senior vice president and general manager...
In brief: Omnibus bill, Performant contract, Cardinal CFO
December 23, 2022HME News Staff
WASHINGTON – Lawmakers have passed a $1.7 trillion omnibus legislative package that will keep the government funded through September.
A draft of the bill included two major HME policy priorities: an extension for the 75/25 blended Medicare rate for non-CBA/non-rural suppliers through the end of 2023; and the prevention of across-the-board 4% Medicare cuts for 2023 and 2024 that would have been triggered by the application of provisions in 2010 “PAYGO” budget legislation.
Provisions...
Cardinal Health names new CFOÂ
December 20, 2022HME News Staff
DUBLIN, Ohio – Cardinal Health and its board of directors have announced that Aaron Alt will become the company’s new CFO, succeeding interim CFO Trish English. Alt will report to CEO Jason Hollar as a member of Cardinal Health’s Executive Committee effective Feb. 10. "We're pleased to welcome Aaron as the new CFO of Cardinal Health," Hollar said. "He's an exceptional talent with a breadth of experience across complex organizations that will position him well for this critical...
Cardinal Health on health care: ‘Everything has changed’Â
December 9, 2022Liz Beaulieu, Editor
DUBLIN, Ohio – Cardinal Health’s new offering Velocare will need “an army of partners,” including HME providers, to effectively execute hospital-at-home services for patients, says Alex Hoopes.
Velocare is a supply chain network and fulfillment solution that the company says is capable of reaching patients in one to two hours with the critical products and services that are required for hospital-level care at home.
“One of the advantages that we have...