Showing posts with label Cardinal Health. Show all posts
Showing posts with label Cardinal Health. Show all posts

Wednesday, August 26, 2020

Cardinal Health sued over alleged fraudulently obtained contracts - SeekingAlpha. com

Updated September 27, 2025

Sadly, one of the original links broke.

---  the original post follows below  ---

According to this SeekingAlpha.com article,  Cardinal Health sued over alleged fraudulently obtained contracts:

"UPPI, a group of small businesses producing radiopharmaceuticals, has filed litigation in a Washington court against drug wholesaler Cardinal Health (NYSE:CAH) and two of its front companies and owners claiming it fraudulently obtained U.S. Veterans Administration (VA) contracts."


"The largest association of independent nuclear pharmacies in the U.S. is accusing Cardinal Health (CAH), a major pharmaceutical wholesaler, of using front companies to win government contracts that are usually set aside for small businesses owned by disabled military veterans."


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Wednesday, March 30, 2016

Hospital chain Trinity Health, XPO partner to take supply chain in house – DC Velocity


Read the full article: Hospital chain Trinity Health, XPO partner to take supply chain in house – DC Velocity:

"In a move that may have profound implications for how large U.S. hospitals manage their supply chains, Trinity Health, with 90 hospitals nationwide and nearly $16 billion in annual revenue, said today it will develop its own transport and distribution center network and use third-party logistics provider (3PL) XPO Logistics Inc. to manage end-to-end order flows, shipping, warehousing, and fulfillment."

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Monday, March 2, 2015

Cardinal Health To Acquire Cordis, A Worldwide Leader In Cardiac And Endovascular Medical Products For $1.944 Billion In Cash - Mar 2, 2015


Read the full article: Cardinal Health To Acquire Cordis, A Worldwide Leader In Cardiac And Endovascular Medical Products For $1.944 Billion In Cash - Mar 2, 2015 - Cardinal Health Media Room:

"Cardinal Health today announced plans to acquire Johnson & Johnson's Cordis business, a leading global manufacturer of cardiology and endovascular devices, for $1.944 billion in cash, or approximately $1.594 billion, net of the present value of tax benefits. The acquisition is expected to be financed with a combination of $1.0 billion in new senior unsecured notes and the remainder with existing cash. The transaction is expected to close in the United States and key non-U.S. countries towards the end of calendar 2015."

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Wednesday, December 10, 2014

Who Are The Top 25 Healthcare Supply Chains - Health IT Outcomes

Read the full article: Who Are The Top 25 Healthcare Supply Chains - Health IT Outcomes:

"The top spot went to Cardinal Health for the fourth consecutive year, and it has the widest breadth among healthcare companies. The press release states Cardinal Health is “a manufacturer, wholesaler, distributor, retail pharmacy, and a connector at many points in between. Cardinal continues its heritage of customer collaboration, especially in medical products distribution by further integrating the acquisition of home healthcare company AssuraMed and in 2014 getting deeper into medical devices through the $320 million acquisition of AccessClosure.”

Rounding out the top ten spots were Mayo Foundation, Intermountain Healthcare, Owens & Minor, CVS Caremark, Mercy, Johnson & Johnson, AmerisourceBergen, McKesson, and Walgreens. Also in the Top 25 were Ascension Health (12),Advocate Health Care (13), Kaiser Foundation Hospitals (14), Cleveland Clinic (16), UMPC (17), Geisinger Health System (18), Providence Health & Services (22), and Banner Health (24)."

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- - -

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Thursday, May 1, 2014

Cardinal Health Profit Falls 8.7% - Wall Street Journal - WSJ.com

Cardinal Health Profit Falls 8.7% - Wall Street Journal - WSJ.com:

"Cardinal Health Inc. said its fiscal third-quarter earnings fell 8.7% as the drug wholesaler’s results were hurt by the expiration of its contract with Walgreen Co.

Cardinal Health was dealt a blow last year when Walgreen and European drug giant Alliance Boots GmbH agreed to get their branded and generic pharmaceutical products from rival AmerisourceBergen Corp.

Drug wholesalers have been forming ventures and collaborations with other health-care related companies in an effort to increase their bargaining power with pharmaceutical companies and expand internationally."

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Wednesday, April 9, 2014

Cardinal Health To Acquire AccessClosure For 320 Million - Med Device Online

Cardinal Health To Acquire AccessClosure For 320 Million - Med Device Online:

"Drug wholesaler Cardinal Health Inc. recently announced its acquisition of extravascular closure device manufacturer and distributor AccessClosure Inc. for $320 million.

Through the deal, Cardinal Health is expected to bolster AccessClosure's $80 million in annual device sales by leveraging its international hospital supply network, according to a Columbus Business First report. The acquisition is expected to close in June pending regulatory approval."

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Thursday, October 31, 2013

Cardinal Health and FedEx will provide combined 3PL services

Updated July 2023:

The original link broke.

You can still read about the same topic here:

---  the original post follows below  ---

Strategic alliance between Cardinal Health and FedEx will provide combined 3PL services - PharmaceuticalCommerce.com:

"Noting that the two companies have been working together for over 10 years to provide 3PL services to healthcare products companies, the two will now offer combined global transportation, warehousing and distribution services. FedEx brings, among other things, the No. 1 air cargo airline; Cardinal brings its 40 distribution centers, and expertise in managing healthcare products shipping."

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Thursday, September 19, 2013

Alert - Individuals Posing as Delivery Driver or Cardinal Health Employees - CSHP

Updated March 2, 2022

Unfortunately, the linked alert is no longer available.

---  the original post follows below  ---

Alert - Individuals Posing as Delivery Driver or Cardinal Health Employees - California Society of Health-System Pharmacists:

"In recent days, Cardinal Health has been notified by a number of customers in the Los Angeles area that an individual has presented himself as a Cardinal Health employee. The individual has attempted to enter pharmacies by announcing that a new Cardinal Health policy has been put in place that will provide our customers a refrigerator for the storage of cold chain packaging that needs to be returned. On one known occasion, the individual was allowed into the controlled area of a pharmacy to study a possible location for the refrigerator."

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- - -

For Designated Representative license applicants  -  Training programs, courses, classes, seminars:

     California (earn a training affidavit):
     Florida:

For HMDR Exemptee license applicants  -  Training programs, courses, classes, seminars:

     California (earn a training completion certificate):

Thursday, February 14, 2013

Cardinal Health To Buy AssuraMed - Reuters


Read the full article:   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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For Designated Representative license applicants  -  Training programs, courses, classes, seminars:

     California (earn a training affidavit):
     Florida:

For HMDR Exemptee license applicants  -  Training programs, courses, classes, seminars:

     California (earn a training completion certificate):


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