Tag: Cardinal Health at-Home

DUBLIN, Ohio – Cardinal Health’s medical segment reported revenue of $3.9 billion, a 3% increase, driven by growth in at-Home Solutions and Global Medical Products and Distribution, primarily reflecting higher Cardinal Health brand volumes. The segment’s profit increased by $54 million to $71 million in the quarter, driven by an improvement in net inflationary impacts, including mitigation measures. Overall, Cardinal Health reported revenue of $57.4 billion for the second quarter...

NORTHFIELD, Ill. – Medline has acquired United Medco, a national provider and partner of supplemental benefits and member engagement solutions.  The transaction marks a significant milestone in the growth of Medline’s health plans business by augmenting the company’s distribution capabilities and expanding its supplemental benefit offerings.  "In today’s evolving post-acute care space, Medline remains a company committed to investing in emerging markets,...

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...

DUBLIN, Ohio – Cardinal Health has launched Velocare, a supply chain network and last-mile 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. Cardinal Health’s at-Home Solutions division is piloting Velocare with a health system customer of Medically Home. "We're excited to further expand our at-Home Solutions supply chain and logistics excellence...

CINCINNATI – While Quipt Home Medical has been laser-focused on respiratory for the past several years, a recent contract with Cardinal Health at-Home will give the company a competitive foothold in the supplies market on a national scale, says CEO Greg Crawford.  “We get a lot of inquiries for other supplies, whether they be incontinence, urologicals or ADLs – anything that a respiratory or other patient would need – and we do sell those at our (brick-and-mortar)...

CINCINNATI – Quipt Home Medical has executed a contract with Dublin, Ohio-based Cardinal Health at-Home.  Per the contract, Quipt has agreed to sell and Cardinal has agreed to supply and distribute disposable medical supplies nationwide.  “Cardinal will service our entire operating footprint, consisting of 94 locations across the country, aimed at increasing distribution channels while decreasing costs,” said Greg Crawford, chairman and CEO of Quipt. “Furthermore,...