Tag: Cardinal Health
NCPA Foundation receives grants from Cardinal, Truist
October 7, 2026HME News Staff
KANSAS CITY, Mo. – The NCPA Foundation has received two grants to help it pursue its mission to improve community-based health care by advancing the sustainability, growth and public understanding of independent community pharmacists. The Cardinal Health Foundation has renewed its support with a $50,000 grant to fund the NCPA Foundation’s disaster relief program, which provides emergency assistance to independent pharmacies affected by hurricanes, wildfires and other natural disasters....
Cardinal Health sees more runway in fragmented at-home medical supplies market
August 12, 2026Liz Beaulieu, Editor
DUBLIN, Ohio – Cardinal Health says its acquisitions of Strive Medical and AdaptHealth's diabetes business are expected to add about two percentage points of growth to its Other segment in fiscal year 2027.
Officials say the company recently completed its acquisition of Strive Medical and it expects to complete its acquisition of AdaptHealth’s diabetes business sometime in the second half of the year.
The deals strengthen Cardinal Health's position in the growing at-home...
Cardinal Health calls FY2026 ‘a standout year’
August 11, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health has reported fourth quarter fiscal year 2026 revenues of $63.7 billion, a 6% increase from the prior-year quarter. GAAP operating earnings increased 70% to $729 million and GAAP diluted earnings per share increased 70% to $1.70.
The company re GAAP operating earnings were $2.6 billion and GAAP diluted EPS was $7.23.
“Fiscal 2026 was a standout year for Cardinal Health and I am pleased with our strong fourth quarter results,” said Jason Hollar,...
Cardinal Health expands supplies business with two tuck-in acquisitions
July 20, 2026HME News Staff
DUBLIN, Ohio – Cardinal Health will acquire the diabetes business of AdaptHealth and all of Strive Medical, a provider specializing in urology supplies, for about $360 million cash. This follows the company’s acquisition of Advanced Diabetes Supplies (ADS) in 2025.
"These strategic transactions build on the synergies created by our recent investments in home care," said Jason Hollar, CEO, Cardinal Health. "As a natural extension of our at-Home Solutions growth strategy,...
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...