Thursday, February 14, 2013

Cardinal Health To Buy AssuraMed

Cardinal Health to buy medical supplier AssuraMed for $2.07 billion | Reuters:

"The deal will give Cardinal access to the growing number of Americans who are treated in home settings.

"This is a platform opportunity for Cardinal Health products and services which will be increasingly important as the delivery of care migrates to more cost-effective settings," George Barrett, chairman and chief executive, said in a prepared statement.

AssuraMed, with sales of about $1 billion in 2012, serves more than 1 million patients nationally with more than 30,000 products."

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