Cardinal Health doubles down on at-Home Solutions
By HME News Staff
Updated 9:49 AM CST, Thu January 11, 2024
DUBLIN, Ohio – Cardinal Health plans to further invest in its Medical Segment, which includes at-Home Solutions, its home medical supplies business, and has realigned its structure to accelerate growth.
To support increased demand for at-Home Solutions, which generates $2.6 billion in revenue, the company is investing in network expansion and additional distribution centers. It has announced plans to build a new distribution center in Texas, with increased capacity, advanced automation and robotics; is set to open a new center in South Carolina this year; and recently opened a new center in Ohio.
"We are excited to demonstrate further progress on how we are driving our company, and health care, forward," said Jason Hollar, CEO. "As we continue down the path of becoming a simplified and more focused company, these actions align with our operational focus on the core of our business, provide increased visibility to key growth areas, and enable greater efficiencies across all our businesses. We continue to prioritize focused execution to best serve our customers and advance our mission as healthcare's most trusted partner."
Effective Jan. 1, Cardinal Health began operating under an updated enterprise operating and segment reporting structure, which includes Pharmaceutical and Specialty Solutions, and Global Medical Products and Distribution (GMPD). Separate from these two segments, Nuclear and Precision Health Solutions, at-Home Solutions and OptiFreight Logistics will be reported as Other.
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