Tag: at-Home Solutions
Cardinal Health sees ‘ongoing acceleration’
May 6, 2024HME News Staff
DUBLIN, Ohio – Cardinal Health’s at-Home Solutions operating segment, along with two other segments, reported revenue of $1.2 billion for the third quarter of the company's fiscal year 2024, a 14% increase year over year. The “other” segment, which also includes Nuclear and Precision Health Solutions and OptiFreight Logistics, posted a profit of $11 million, a 5% increase, due to the performance of OptiFreight Logistics. Overall, Cardinal Health reported revenue of $54.9...
Cardinal Health doubles down on at-Home Solutions
January 11, 2024HME News Staff
DUBLIN, Ohio – Cardinal Health plans to further invest in its Medical Segment, which includes at-Home Solutions, its home medical supplies business, and has realigned its structure to accelerate growth.
To support increased demand for at-Home Solutions, which generates $2.6 billion in revenue, the company is investing in network expansion and additional distribution centers. It has announced plans to build a new distribution center in Texas, with increased capacity, advanced...
Cardinal Health raises outlook on strong Q1
November 6, 2023HME News Staff
DUBLIN, Ohio – Cardinal Health reported revenue of $54.8 billion for the first quarter of fiscal year 2024, a 10% increase year over year.
The company reported revenue of $3.8 billion for its medical segment, which was flat due to lower PPE volumes and pricing, offset by growth in at-Home Solutions and inflationary impacts, including mitigation initiatives.
"With strong first quarter results, we are continuing our operating momentum into fiscal 2024," said Jason Hollar, CEO...
Cardinal Health at-Home Solutions to open largest distribution center yet
June 15, 2023HME News Staff
DUBLIN, Ohio – Cardinal Health has plans to build a new distribution center in the Greenville, S.C., area to support its at-Home Solutions business. At about 350,000 square feet, the new center will provide at-Home Solutions with the space and automation it needs to serve its existing customers and patients, while allowing for business expansion. “I am thrilled about this new space, which is the second building we’ve built from the ground up inside of two years – and the largest...
Cardinal Health unveils two distribution centers
April 25, 2023HME News Staff
DUBLIN, Ohio – Cardinal Health will host ribbon cutting celebrations for two new distribution centers in central Ohio in April, with both facilities focused on supporting the company’s U.S. Medical Products and Distribution (USMPD) and at-Home Solutions businesses. The openings are part of Cardinal Health’s multi-year warehousing and modernization plan for its Medical Segment to support business growth and expansion and to accelerate service for existing customers. "Central Ohio remains...