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Encyclopedia > Cardinal Health
Cardinal Health, Inc.
Type Public (NYSECAH)
Founded 1971
Headquarters Dublin, Ohio, USA
Key people Robert D. Walter, Chairman; R. Kerry Clark, President and CEO
Industry Drug Wholesale
Products hospital / laboratory / physician office products; generic pharmaceuticals; logistics; infusion systems; clinical services
Revenue $87 billion USD (FY2007)
Operating income $1.4 billion USD (FY2007)
Employees 40,000 (2007)
Website cardinalhealth.com

Cardinal Health (NYSECAH) is a premier, global healthcare company dedicated to making healthcare safer and more productive. Cardinal Health logo This is a copyrighted and/or trademarked logo. ... This article does not cite any references or sources. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Year 1971 (MCMLXXI) was a common year starting on Friday (link will display full calendar) of the 1971 Gregorian calendar. ... Motto: Its greener in Dublin. ... In 1971 an ambitious 26-year-old Harvard MBA named Robert D. Walter purchased Cardinal Foods, a small Ohio food wholesaler, in a leveraged buyout. ... Wholesaling consists of the sale of goods/merchandise to retailers, to industrial, commercial, institutional, or other professional business users or to other wholesalers and related subordinated services. ... Look up Logistics in Wiktionary, the free dictionary. ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links No higher resolution available. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Image File history File links No higher resolution available. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Health care or healthcare is one of the worlds largest and fastest growing professions. ...


Overview

Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a global company serving the health-care industry with products and services that help hospitals, physician offices and pharmacies reduce costs, improve safety, productivity and profitability, and deliver better care to patients. Motto: Its greener in Dublin. ...



With a focus on making supply chains more efficient, reducing hospital-acquired infections and breaking the cycle of harmful medication errors, Cardinal Health develops market-leading technologies, including Alaris® IV pumps, Pyxis® automated dispensing systems, MedMined® data mining software and the CareFusion® patient identification system.


The company also manufactures medical and surgical products and is one of the largest distributors of pharmaceuticals and medical supplies worldwide.



Founded in 1971 as Cardinal Foods by Robert D. Walter, it was initially a food wholesaler. Acquiring the Bailey Drug Company in 1979, it began wholesaling drugs as Cardinal Distribution, Incorporated. Following the introduction of the company on the NASDAQ stock exchange in 1983 it commenced on a long string of acquisitions and mergers. As of 2006, it was ranked 19th on the Fortune 500 list and employs more than 40,000 people on five continents. Year 1971 (MCMLXXI) was a common year starting on Friday (link will display full calendar) of the 1971 Gregorian calendar. ... In 1971 an ambitious 26-year-old Harvard MBA named Robert D. Walter purchased Cardinal Foods, a small Ohio food wholesaler, in a leveraged buyout. ... Wholesaling consists of the sale of goods/merchandise to retailers, to industrial, commercial, institutional, or other professional business users or to other wholesalers and related subordinated services. ... Also: 1979 by Smashing Pumpkins. ... NASDAQ in Times Square, New York City. ... Year 1983 (MCMLXXXIII) was a common year starting on Saturday (link displays the 1983 Gregorian calendar). ... A takeover in business refers to one company (the acquirer, or bidder) purchasing another (the target). ... The phrase mergers and acquisitions or M&A refers to the aspect of corporate finance strategy and management dealing with the merging and acquiring of different companies as well as assets. ... 2006 is a common year starting on Sunday of the Gregorian calendar. ... The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ...


R. Kerry Clark was appointed as President and CEO on 17 April 2006, with Robert D. Walter retaining the Chairmanship. Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... In 1971 an ambitious 26-year-old Harvard MBA named Robert D. Walter purchased Cardinal Foods, a small Ohio food wholesaler, in a leveraged buyout. ...


On 28 June 2007, Cardinal Health announced the completion of the tendor offer for VIASYS. The acquisition of VIASYS expands Cardinal Health’s clinical and medical product offerings for global, acute-care customers and, will establish the company as a leader in the more than $4 billion respiratory care market. The business will be integrated into Cardinal Health’s Medical Products Manufacturing segment.


Facts

Cardinal Health:

  • Supply chain services – distributes one-third of all pharmaceuticals, medical, lab and surgical products in the U.S. from manufacturers to providers of health care. Provides a full line of services to improve pharmacies serving retail and mail-order customers, health systems and long-term care facilities. Each day, Cardinal Health makes more than 50,000 deliveries to 40,000 customer sites, including hospitals, pharmacies and other points of care.
  • Medical products – develops and manufactures surgical instruments, respiratory care products, fluid suction and irrigation products, surgical drapes, masks, gowns and gloves and surgical packs. Manufactures more than four million medical/surgical products every day that are used in 50 percent of all surgeries and by 90 percent of all hospitals in the U.S.
  • Alaris® products –develops and manufactures the market-leading line of intravenous infusion systems.
  • Pyxis® products – develops and manufactures the market-leading line of hospital automation systems for medicine and supplies.
  • CareFusion™ products – develops barcode patient identification systems for bedside verification.
  • MedMined™ Data Mining Surveillance – reduces the incidence of hospital-acquired infections through real-time clinical data mining, which acts as a “smoke alarm” for infections.
  • Pharmacy Management provides best practices and expertise in managing and consulting with acute care pharmacies, and is one of the largest employers of hospital pharmacists, with 1,000 pharmacists, including 110 clinical specialists.
  • Rxe-source is a nationwide remote medication order entry and review service for acute care pharmacies, processing about 3.3 million order lines remotely each year and identifying about 18,000 potential patient safety events.
  • Nuclear Pharmacy Services – operates 170 nuclear pharmacies delivering 14 million radio- pharmaceutical doses to hospitals and outpatient care centers every year.
  • Medicine Shoppe International – leading franchisor of retail, apothecary-style pharmacies with nearly 1,000 Medicine Shoppe® and Medicap Pharmacy® stores, including more than 300 pharmacies outside the United States.

Company website


  Results from FactBites:
 
Cardinal Health Children's Care Award (662 words)
Cardinal Health, the leading provider of products and services supporting the health care industry, will sponsor an annual "Cardinal Health Children's Care Award" recognizing individuals who have made a significant lifetime contribution to the health and well-being of children.
Cardinal Health companies develop, manufacture, package and market products for patient care; develop drug-delivery technologies; distribute pharmaceuticals, medical-surgical and laboratory supplies; and offer consulting and other services that improve quality and efficiency in health care.
Cardinal Health is ranked #23 on the current Fortune 500 list and was named one of "The World's Best" companies by Forbes magazine in April 2002.
Cardinal Health in $11 mln settlement with Spitzer - Boston.com (526 words)
Cardinal Health in $11 mln settlement with Spitzer - Boston.com
Cardinal Health in $11 mln settlement with Spitzer
Cardinal Health Inc. , one of the largest U.S. prescription drug distributors, said on Tuesday it will pay $11 million to settle a probe by New York State Attorney General Eliot Spitzer into improper secondary market trading of pharmaceuticals.
  More results at FactBites »

 
 

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