Cardinal Health Touts Growth Potential After Buying DME Supplier
Cardinal Health highlighted growth potential recently at its annual Retail Business Conference stemming from the acquisition of Independence Medical, a distributor of disposable medical supplies and durable medical equipment.
Now, Cardinal Health’s retail pharmacy customers can build and diversify their businesses with expanded access to more than 40,000 home medical products through Independence Medical, thereby developing new sources of revenue by meeting growing patient demand for home health care products.
“In today’s increasingly competitive health care landscape, it’s more important than ever before that community pharmacies find innovative ways to grow their businesses while meeting their patients’ evolving health care needs,” said Jon Giacomin, president of U.S. Pharmaceutical Distribution for Cardinal Health’s Pharmaceutical Segment, in a statement. “This new offering will help retail pharmacies diversify their revenue while also strengthening their role as a local health care destination in the communities they serve.”
Written by Alyssa Gerace