Healthcare

Cardinal Health

Company Profile Analysis

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Cardinal Health - Healthcare showcase

Year Founded & Workforce

1970-12-31

50,000 Employees

Industry

Healthcare

Services

C

Cardinal Health Overview

Company Headquarters: Ohio, US

Founded: 1971

Workforce: ~50,000

Company Working: Cardinal Health is a global, integrated healthcare services and products company. The firm provides customized solutions for hospitals, health systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physicians’ offices worldwide. It operates through two business segments, namely, medical products and pharmaceuticals. Through these segments, it offers cost-effective solutions that enhance the supply chain efficiency from hospital to home. It connects patients, providers, payers, pharmacists, and manufacturers for integrated care coordination and better patient management. Through its services and products, it serves nearly 85% of hospitals, more than 26,000 pharmacies, and more than 10,000 specialty physician offices and clinics across the US. In the fiscal year 2018, nearly 50,000 global employees operated in more than 46 countries.

Strategy

Cardinal Health focuses on investing in the latest technologies and production methods and continues the ongoing research and development. The company also focuses on acquisitions and mergers to enhance its core strategic areas of self-manufactured medical products, specialty pharmaceutical products and services, generic pharmaceutical distribution, and post-acute care.

Company Snapshot

$121,546M

Revenue

50,000

Employees

1970-12-31

Founded

Ohio, US

Headquarters

SWOT Analysis

Strengths

  • Serves nearly 85% of hospitals in the US with home healthcare products
  • Large-scale generics program through a successful 50/50 joint venture
  • Organic growth
  • Strong product portfolio
  • Distributes its pharmaceutical products in over 60,000 locations
  • The company has built a strong model in Red Oak Sourcing and its joint venture with CVS Health is a strength
  • The addition of the patient recovery business into the enterprise portfolio strengthens the ability to offer a broad line of products and services

Weaknesses

  • Manufacturing facilities limited to the US Internal restructuring
  • The pharmaceutical distribution business continues to face industry headwinds
  • Company faces negative image during Drug Enforcement Administration investigation of its painkiller drug Oxycodne
  • Legal pursuits
  • Material weakness
  • Changes to the US healthcare environment may not be favourable

Opportunities

  • Acquisition of Yong Yu in China has given opportunities to expand in emerging economies and also to expand the portfolio
  • Enhancing operational efficiency
  • Expanding business in emerging markets
  • Need to improve branding to serve in competitive markets
  • Acquisition with local players
  • Helping healthcare organizations to improve patient safety
  • Supporting veteran organizations and hundreds of non-profit organizations around the globe

Threats

  • Customer contract renewals
  • Legal proceedings
  • Global economic slowdown
  • Changes in healthcare environment
  • Pressure from competitors
  • Could be subjected to adverse changes in tax laws or challenges to its tax position
  • Adverse effects of competitive pressure

Key Developments

DateApproachDevelopment
July 2017AcquisitionCardinal Health completed the acquisition of Medtronic's (Ireland) patient recovery business. The brands include Curity, Kendall, Dover, Argyle, and Kangaroo.

Product Offering

  • Cardinal Health
    • PTA Balloon
    • Balloon Expandable Stents
    • Intervene
    • Cardiology
    • Skin and Wound Management
    • Advance Wound Care

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Cardinal Health as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Cardinal Health

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