Owens & Minor unveils purpose
By HME News Staff
Updated 9:05 AM CST, Thu December 7, 2023
RICHMOND, Va. – Owens & Minor has unveiled a new statement of purpose, “Life Takes Care,” to capture the company’s approach to caring for both the business and the humanity at the heart of health care.
This statement of purpose applies to all of Owens & Minor’s global business: the Products & Healthcare Services and Patient Direct business segments, as well as its affiliated brands, Apria, Byram and Halyard.
“Owens & Minor has always been driven by a strong sense of the importance of the work we do behind the scenes for the patients, providers and communities we serve,” said Edward A. Pesicka, president & CEO. “Defining that sense of purpose in the statement Life Takes Care allows us to better harness the unstoppable collective strength, creativity and compassion of our teammates as we continue to move our business forward.”
OM says it developed the new statement of purpose in response to the historic shifts affecting not only the company but also the health care industry, accelerating trends in where, when and how care is delivered. It says research shows that purpose-driven companies experience about 14% greater revenue growth and are nearly two times as likely to have above average returns. Research also shows they have reduced turnover, fewer safety incidents and increased profitability.
The company developed “Life Takes Care” using teammate perspectives, as well as strategic insights from its leadership.
To learn more about “Life Takes Care,” visit go here.
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Read about the third quarter performance of OM's Patient Direct business.
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