Tag: Cardinal Health
Cardinal Health has ‘positive perspective’ on at-Home Solutions
May 1, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health’s Pharma segment may have been the star of the third quarter fiscal year 2026, but the company’s Other segment, which includes at-Home Solutions, held its own with a 31% increase in revenue to $1.7 billion.
Cardinal Health expects the segment – which also includes OptiFreight Logistics and Nuclear and Precision Health Solutions – to now see profit growth of 36% to 38% for the full year, up from 33% to 35%.
“We saw a strong performance...
Cardinal Health raises profit growth for Other segment
April 30, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health’s Other segment saw a 31% increase in revenue in the third quarter of fiscal year 2026 to $1.7 billion, driven by growth across the three operating segments, including at-Home Solutions. The company now expects the segment to see profit growth of 36% to 38% for the year.
Other financial results
Overall revenue increased 11% to $60.9 billion.
Third quarter GAAP operating earnings decreased 30% to $509 million and GAAP diluted earnings per share...
OneroRx buys NuCara pharmacy and HME locations
April 6, 2026HME News Staff
WEST DES MOINES, Iowa – OneroRx, an integrated pharmacy, has acquired 14 NuCara Pharmacy and 10 NuCara Home Medical Equipment locations in Iowa and Minnesota, bringing its total number of locations to 91 across eight states in the Midwest.
OneroRx, which operates as the largest franchise of the Medicap Pharmacy brand owned by Cardinal Health, will now become the largest rural-based pharmacy in Iowa, filling more than 5 million prescriptions per year, the company says.
The acquisition...
Current Health taps Cardinal Health to scale hospital-at-home
March 31, 2026HME News Staff
BOSTON and DUBLIN, Ohio – Current Health has tapped Cardinal Health’s Velocare for last-mile fulfillment, installation and retrieval of in-home clinical monitoring kits, streamlining patient onboarding for hospital-at-home programs, while reducing strains on clinical teams.
As part of this effort, Current Health and Velocare will integrate their platforms to streamline patient setup and reduce duplicate data entry. Care teams will gain real-time visibility into supplies and equipment...
In brief: Indie provider’s role, Nonin’s milestone, Cardinal’s new chair
March 27, 2026HME News Staff
YARMOUTH, Maine – MiraVista is hosting “The Once and Future Role of the Independent DME Supplier” on March 31, 2026, at 2:00 PM ET. The free webinar will bring together a cross-disciplinary panel of experts to discuss a regulatory environment that the company says increasingly and incorrectly brands small and independent DME suppliers as core causes of fraud, waste and abuse in the health care system. The company says the discussion is aimed at the broader narrative that...
Cardinal Health names board chair
March 26, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health has announced its board of directors has appointed Patricia A. Hemingway Hall to succeed Gregory B. Kenny, who is retiring, effective immediately. "On behalf of the board and our management team, we are deeply grateful to Greg for his leadership and lasting contributions to the company," said Jason Hollar, CEO. "We look forward to Pat's continuation of Greg's legacy as a steady, principled leader...
Market Access: Navigate shifting networks
February 17, 2026Yelena Brusilovsky
Q. Several major insurers are scaling back their Medicare Advantage footprints in 2026. How will this geographic “recalibration” affect HME providers and patients?
A. The Medicare Advantage (MA) market is shrinking for the first time in 20 years. Driven by rising health care utilization and shifting federal reimbursement, payers have adjusted their geographic participation, streamlined their MA offerings, or exited the market entirely.
While...
Cardinal Health balances strategic acquisitions with organic growth
February 13, 2026Liz Beaulieu, Editor
DUBLIN, Ohio – Cardinal Health’s at-Home Solutions business has benefited greatly from its acquisition of Advanced Diabetes Supply (ADS) in April 2025, but CEO Jason Hollar made a point during a recent conference call to acknowledge the performance of its “core,” even as it considers additional opportunistic acquisitions.
Cardinal Health’s Other segment, which includes at-Home Solutions, saw revenues increase...
Cardinal’s at-Home Solutions helps to push double-digit growth
February 5, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health has reported that revenue for its Other segment, which includes at-Home Solutions, increased 34% to $1.7 billion for its second quarter fiscal year 2026. Profit for the Other segment increased 52% to $179 million.
Overall, Cardinal Health reported revenue increased 19% to $65.6 billion.
“Our strong second-quarter performance reflects at least double-digit segment profit growth across all five of our operating...
Cardinal Health updates guidance
January 20, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health has updated its financial outlook for fiscal year 2026 non-GAAP diluted earnings per share (EPS) to at least $10 from its prior guidance range of $9.65 to $9.85. This increased outlook is driven by strong performance and execution across the company’s five operating segments, the company says. "Our team's execution against our strategic growth plan continues to deliver meaningful results, and as a demonstration...