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The Optum contracts, signed in 2015, contributed 16% of Cardinal's total revenue in fiscal year 2023, but the bulk of the shipments mainly comprised non-specialty medicines, Cardinal Health said.
Cardinal Health, Inc. is an American multinational health care services company, and the 14th highest revenue generating company in the United States. Headquartered in Dublin, Ohio , the company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations.
Cardinal Health's (CAH) latest acquisition is expected to significantly improve patients' health outcomes with improved medication adherence and increased satisfaction.
Leader Drug Stores is a network of over 3,100 independently owned and operated pharmacies. It has a business affiliation with Cardinal Health, which sponsors the network and owns the name "Leader Drug Stores". [1] [2] Cardinal Health also owns the franchise chain The Medicine Shoppe.
Pyxis Corporation was a San Diego company co-founded by Ronald R. Taylor and investor Tim Wollaeger in 1987. The company is the first to develop MedStation products in 1990 and is also a market leader for automated medication management, [1] developing an automated dispensing cabinet under the name Pyxis.
CareFusion was created in 2009 as a spinoff of medical technology businesses from Cardinal Health. [1] It began publicly trading on the New York Stock Exchange on September 1, 2009. [ 2 ] Cardinal's core business was drug distribution , a low-margin and low-risk, predictable business, with which the higher-margin, higher-risk medical technology ...
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