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Cardinal Health 
Pharma / Pharmaceutical Distribution and Services
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Cardinal Health is a global, integrated healthcare services and products company headquartered in Dublin, Ohio. The company was founded in 1971 as a small medical distributor, and has since grown into a Fortune 500 company with operations in nearly 50 countries and annual revenues of over $145 billion.
The company's mission is to improve the cost-effectiveness of healthcare through their services and products, which include pharmaceutical and medical products distribution, medical-surgical products and services, and provider and patient engagement solutions.
Some quick facts about Cardinal Health:
- Founded in 1971
- Headquarters in Dublin, Ohio
- Operations in nearly 50 countries
- Approximately 50,000 employees
- Annual revenues of over $145 billion
- Ranked #15 on the Fortune 500 list in 2021
- Named one of the World's Most Admired Companies by Fortune for 20 consecutive years
- Provides services and products to over 85 percent of U.S. hospitals
- Main business segments include Pharmaceutical and Medical Products, Medical-Surgical Products and Services, and Provider and Patient Engagement Solutions
- Three main business units are Cardinal Health at-Home Solutions, Cardinal Health Pharmacy Solutions, and Cardinal Health Medical Products and Services
Cardinal Health is committed to creating a more efficient, accessible, and sustainable healthcare system, with a focus on improving patient care and outcomes. The company constantly strives to innovate and invest in new technologies and solutions that can help healthcare providers and patients alike. In addition, Cardinal Health is involved in various corporate social responsibility initiatives, including efforts to reduce the environmental impact of its operations and to support communities in need.
The company's mission is to improve the cost-effectiveness of healthcare through their services and products, which include pharmaceutical and medical products distribution, medical-surgical products and services, and provider and patient engagement solutions.
Some quick facts about Cardinal Health:
- Founded in 1971
- Headquarters in Dublin, Ohio
- Operations in nearly 50 countries
- Approximately 50,000 employees
- Annual revenues of over $145 billion
- Ranked #15 on the Fortune 500 list in 2021
- Named one of the World's Most Admired Companies by Fortune for 20 consecutive years
- Provides services and products to over 85 percent of U.S. hospitals
- Main business segments include Pharmaceutical and Medical Products, Medical-Surgical Products and Services, and Provider and Patient Engagement Solutions
- Three main business units are Cardinal Health at-Home Solutions, Cardinal Health Pharmacy Solutions, and Cardinal Health Medical Products and Services
Cardinal Health is committed to creating a more efficient, accessible, and sustainable healthcare system, with a focus on improving patient care and outcomes. The company constantly strives to innovate and invest in new technologies and solutions that can help healthcare providers and patients alike. In addition, Cardinal Health is involved in various corporate social responsibility initiatives, including efforts to reduce the environmental impact of its operations and to support communities in need.
What is special about the company?
1. Established and Trusted Brand: Cardinal Health has been in the healthcare industry for over 45 years and is a highly recognized and trusted brand among healthcare professionals.
2. Global Presence: It operates in over 60 countries and serves more than 85% of hospitals in the United States. This global presence allows the company to have a wide reach and impact in the healthcare industry.
3. Diversified Business Segments: Cardinal Health operates in several business segments including pharmaceutical, medical, and laboratory products, making it a diversified healthcare company with multiple revenue streams.
4. Strong Distribution Network: The company has a strong distribution network that includes multiple distribution centers, warehouses, and transportation fleets, allowing them to efficiently deliver products to customers.
5. Innovative and Quality Products: Cardinal Health invests heavily in research and development to create innovative and high-quality products for the healthcare industry.
6. Focus on Customer Satisfaction: The company puts a strong emphasis on customer satisfaction and has a dedicated team to ensure prompt and efficient service to healthcare providers.
7. Commitment to Sustainability: Cardinal Health is committed to sustainability and has implemented various initiatives to reduce its carbon footprint, increase energy efficiency, and promote environmentally responsible practices.
8. Corporate Social Responsibility: The company has a strong commitment to social responsibility and actively engages in philanthropic initiatives, such as providing disaster relief and supporting healthcare access for underserved communities.
9. Strong Financial Performance: With annual revenues of over $140 billion, Cardinal Health is a financially stable company that has consistently delivered strong financial results for its shareholders.
10. Ethical and Transparent Business Practices: The company has a strong code of conduct and ethical standards that guide all their business operations. They also have a transparent approach to governance, with regular reporting on their environmental, social, and governance practices.
2. Global Presence: It operates in over 60 countries and serves more than 85% of hospitals in the United States. This global presence allows the company to have a wide reach and impact in the healthcare industry.
3. Diversified Business Segments: Cardinal Health operates in several business segments including pharmaceutical, medical, and laboratory products, making it a diversified healthcare company with multiple revenue streams.
4. Strong Distribution Network: The company has a strong distribution network that includes multiple distribution centers, warehouses, and transportation fleets, allowing them to efficiently deliver products to customers.
5. Innovative and Quality Products: Cardinal Health invests heavily in research and development to create innovative and high-quality products for the healthcare industry.
6. Focus on Customer Satisfaction: The company puts a strong emphasis on customer satisfaction and has a dedicated team to ensure prompt and efficient service to healthcare providers.
7. Commitment to Sustainability: Cardinal Health is committed to sustainability and has implemented various initiatives to reduce its carbon footprint, increase energy efficiency, and promote environmentally responsible practices.
8. Corporate Social Responsibility: The company has a strong commitment to social responsibility and actively engages in philanthropic initiatives, such as providing disaster relief and supporting healthcare access for underserved communities.
9. Strong Financial Performance: With annual revenues of over $140 billion, Cardinal Health is a financially stable company that has consistently delivered strong financial results for its shareholders.
10. Ethical and Transparent Business Practices: The company has a strong code of conduct and ethical standards that guide all their business operations. They also have a transparent approach to governance, with regular reporting on their environmental, social, and governance practices.
What the company's business model?
The Cardinal Health company is a healthcare services and products company that operates on a business-to-business (B2B) model. Their business model focuses on three main segments:
1. Pharmaceutical Segment: This segment includes the distribution of brand-name and generic pharmaceuticals, over-the-counter health products, and specialty pharmaceutical products to retail pharmacies, hospitals, and other healthcare providers. This segment also provides services such as inventory management, data analytics, and consulting to help improve operational efficiency for healthcare providers.
2. Medical Segment: This segment includes the distribution of medical, surgical, and laboratory products to hospitals, clinics, and other healthcare facilities. This segment also provides services such as inventory management, supply chain solutions, and equipment rental to help healthcare facilities operate more efficiently.
3. Pharmaceutical Solutions Segment: This segment provides services such as contract manufacturing, packaging, and logistics for pharmaceutical and biotech companies. They also offer services such as patient engagement, consumer health solutions, and medication therapy management to help pharmaceutical companies improve patient outcomes.
Cardinal Health's business model revolves around providing a wide range of high-quality healthcare products and services, along with expertise and data analytics, to help improve the overall efficiency of the healthcare industry. This allows them to generate revenue from a variety of sources, including product sales, service fees, and consulting fees. They also work closely with their customers to understand their needs and provide customized solutions, which helps to build long-term relationships and drive customer loyalty.
1. Pharmaceutical Segment: This segment includes the distribution of brand-name and generic pharmaceuticals, over-the-counter health products, and specialty pharmaceutical products to retail pharmacies, hospitals, and other healthcare providers. This segment also provides services such as inventory management, data analytics, and consulting to help improve operational efficiency for healthcare providers.
2. Medical Segment: This segment includes the distribution of medical, surgical, and laboratory products to hospitals, clinics, and other healthcare facilities. This segment also provides services such as inventory management, supply chain solutions, and equipment rental to help healthcare facilities operate more efficiently.
3. Pharmaceutical Solutions Segment: This segment provides services such as contract manufacturing, packaging, and logistics for pharmaceutical and biotech companies. They also offer services such as patient engagement, consumer health solutions, and medication therapy management to help pharmaceutical companies improve patient outcomes.
Cardinal Health's business model revolves around providing a wide range of high-quality healthcare products and services, along with expertise and data analytics, to help improve the overall efficiency of the healthcare industry. This allows them to generate revenue from a variety of sources, including product sales, service fees, and consulting fees. They also work closely with their customers to understand their needs and provide customized solutions, which helps to build long-term relationships and drive customer loyalty.
Interesting facts about the company
1. Cardinal Health was founded in 1971 as a food distributor by Robert D. Walter in Columbus, Ohio.
2. The company got its name from the Ohio state bird, the cardinal.
3. In 1988, Cardinal Health shifted its focus to the healthcare industry and became a major distributor of pharmaceuticals.
4. Today, Cardinal Health is the second-largest pharmaceutical distributor in the United States.
5. In addition to pharmaceutical distribution, Cardinal Health also provides medical products and services to hospitals, pharmacies, and other healthcare facilities.
6. Cardinal Health employs over 50,000 people worldwide and operates in over 60 countries.
7. In 2010, Cardinal Health was ranked No. 33 on the Fortune 500 list of the largest companies in the United States.
8. Cardinal Health has received numerous awards and recognition, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute for 12 consecutive years.
9. The company has a strong emphasis on sustainability and has been recognized for its efforts in environmental, social, and governance practices.
10. In 2019, Cardinal Health was named the largest distributor of medical and surgical products in the world by the Healthcare Distribution Alliance.
11. Cardinal Health has made several acquisitions over the years, including the acquisition of Medtronic’s Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses in 2017.
12. The company has also been actively involved in disaster relief efforts, providing support and donating medical supplies during natural disasters and humanitarian crises.
13. In 2015, Cardinal Health opened the world’s largest automated pharmaceutical distribution center in Texas, USA.
14. Cardinal Health has a strong commitment to diversity and inclusion and has been named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign.
15. As of 2021, Cardinal Health is ranked No. 19 on the Fortune 500 list of the largest companies in the United States.
See Company Due Diligence:
2. The company got its name from the Ohio state bird, the cardinal.
3. In 1988, Cardinal Health shifted its focus to the healthcare industry and became a major distributor of pharmaceuticals.
4. Today, Cardinal Health is the second-largest pharmaceutical distributor in the United States.
5. In addition to pharmaceutical distribution, Cardinal Health also provides medical products and services to hospitals, pharmacies, and other healthcare facilities.
6. Cardinal Health employs over 50,000 people worldwide and operates in over 60 countries.
7. In 2010, Cardinal Health was ranked No. 33 on the Fortune 500 list of the largest companies in the United States.
8. Cardinal Health has received numerous awards and recognition, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute for 12 consecutive years.
9. The company has a strong emphasis on sustainability and has been recognized for its efforts in environmental, social, and governance practices.
10. In 2019, Cardinal Health was named the largest distributor of medical and surgical products in the world by the Healthcare Distribution Alliance.
11. Cardinal Health has made several acquisitions over the years, including the acquisition of Medtronic’s Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses in 2017.
12. The company has also been actively involved in disaster relief efforts, providing support and donating medical supplies during natural disasters and humanitarian crises.
13. In 2015, Cardinal Health opened the world’s largest automated pharmaceutical distribution center in Texas, USA.
14. Cardinal Health has a strong commitment to diversity and inclusion and has been named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign.
15. As of 2021, Cardinal Health is ranked No. 19 on the Fortune 500 list of the largest companies in the United States.
See Company Due Diligence:
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