Content about Cardinal Health

July 18, 2012

As part of the Executive Viewpoint Series, DSN talked to Dan Mack — DSN expert blogger, EVP strategic sales at The Swanson Group and managing director of Mack Elevation Forum — discusses his unique perspective on what suppliers should focus on when engaging with retailers and what "blind spots" they should be wary of.

AUDIO Q&A: As part of the Executive Viewpoint Series, DSN talked to Dan Mack — DSN expert blogger, EVP strategic sales at The Swanson Group and managing director of Mack Elevation Forum — who discussed his unique perspective on what suppliers should focus on when engaging with retailers, and what "blind spots" they should be wary of.

July 11, 2012

DSN talked to Cardinal Health SVP independent sales Steve Lawrence about the big news from Cardinal’s 2012 Retail Business Conference, including a best practices competition for its customers, its Women in Pharmacy program and Cardinal’s joint outreach program with the Ohio State University College of Pharmacy aimed at preventing prescription drug abuse.

AUDIO Q&A: DSN talked to Cardinal Health SVP independent sales Steve Lawrence about the big news from Cardinal’s 2012 Retail Business Conference, including a best practices competition for its customers, its Women in Pharmacy program and Cardinal’s joint outreach program with the Ohio State University College of Pharmacy aimed at preventing prescription drug abuse.

May 23, 2013

Cardinal Health received the National Business Group on Health Platinum Best Employers for Healthy Lifestyles award for its ongoing commitment to promoting a healthy workplace and encouraging employees and their families to pursue and maintain healthy lifestyles.

DUBLIN, Ohio — Cardinal Health received the National Business Group on Health Platinum Best Employers for Healthy Lifestyles award for its ongoing commitment to promoting a healthy workplace and encouraging employees and their families to pursue and maintain healthy lifestyles.

May 14, 2013

A new infographic released Tuesday created by the Cardinal Health Foundation and The Ohio State University College of Pharmacy helps illustrate prescription drug abuse in the United States.

DUBLIN, Ohio — A new infographic released Tuesday created by the Cardinal Health Foundation and The Ohio State University College of Pharmacy helps illustrate prescription drug abuse in the United States.

Approximately 70% of people who abuse prescription medications get them from family or friends, often from medicine cabinets. On average, more than 10,000 people in the U.S. abuse prescription medications for the first time each day.

May 2, 2013

Cardinal Health reported fiscal year 2013 third-quarter revenue of $24.6 billion, a 8.9% decline as compared to the quarter a year ago.

DUBLIN, Ohio — Cardinal Health on Thursday reported fiscal year 2013 third-quarter revenue of $24.6 billion, a 8.9% decline as compared with the quarter a year ago. 

However, Cardinal Health reported net earnings per share of $1.01, up 5.2%. According to published reports, Wall Street had been expecting greater revenue of $24.7 billion but at a lesser gain with earnings expectations estimated around 96 cents per share. 

April 26, 2013

Cardinal Health announced the renewal of its pharmaceutical distribution agreement with CVS Caremark to supply pharmaceuticals to the company’s retail pharmacies and distribution centers, as McKesson, which generally serves the PBM side of the business, also announced the renewal of its current distribution agreement with the pharmacy retailer.

The renewal of the agreements was not only critical for both companies but, as Adam Fein, president of Pembroke Consulting and CEO of Drug Channels Institute, wrote in his blog “CVS Caremark Renews with Cardinal and McKesson,” it also “demonstrates wholesalers' value in the brand-name pharmacy supply chain.”

Cardinal Health announced the renewal of its pharmaceutical distribution agreement with CVS Caremark to supply pharmaceuticals to the company’s retail pharmacies and distribution centers, as McKesson, which generally serves the PBM side of the business, also announced the renewal of its current distribution agreement with the pharmacy retailer.

April 25, 2013

Cardinal Health and McKesson separately announced the renewal of their pharmaceutical distribution agreements with CVS Caremark.

DUBLIN, Ohio — Cardinal Health and McKesson separately announced the renewal of their pharmaceutical distribution agreements with CVS Caremark.

Under Cardinal Health’s renewed agreement, the wholesaler stated that it will supply pharmaceuticals to a network of CVS Caremark's retail pharmacies and distribution centers through mid-2016. The stores and distribution centers serviced under the new arrangement are essentially the same as those serviced in the prior arrangement.

April 23, 2013

Cardinal Health's philanthropic division is offering grants to organizations for programs to prevent abuse and misuse of prescription drugs.

DUBLIN, Ohio — Cardinal Health's philanthropic division is offering grants to organizations for programs to prevent abuse and misuse of prescription drugs.

The Cardinal Health Foundation said it was inviting non-profits in 18 locations around the country, as well as Puerto Rico, to apply for grant funding. The announcement marks the fourth year of the foundation's Prescription Drug Abuse and Misuse Prevention Grant Program.

April 22, 2013

The National Association of Chain Drug Stores Foundation announced the election of five new members to its board of directors.

ARLINGTON, Va. — Today, the National Association of Chain Drug Stores Foundation announced the election of five new members to its board of directors. Victor Curtis, SVP pharmacy of Costco Wholesale; Jon Giacomin, president of U.S. pharmaceutical distribution for the pharmaceutical group of Cardinal Health; John Poulin, director of professional relations of Lilly USA; Todd Tillemans, president of customer development at Unilever; and Richard Tremonte, VP sales and marketing of the U.S.

April 10, 2013

With the growing concern of the abuse of prescription stimulants like Adderall on college campuses, the Cardinal Health Foundation and the Ohio State University College of Pharmacy introduced Generation Rx University, the fourth in a series of interactive toolkits designed to help reduce the abuse of prescription drugs.

DUBLIN, Ohio — With the growing concern of the abuse of prescription stimulants like Adderall on college campuses, the Cardinal Health Foundation and the Ohio State University College of Pharmacy on Wednesday introduced Generation Rx University, the fourth in a series of interactive toolkits designed to help reduce the abuse of prescription drugs. 

April 2, 2013

During the American Pharmacists Association's 2013 Annual Meeting and Exposition, the Cardinal Health Foundation and APhA awarded the second annual APhA GenerationRx Award of Excellence to Anthony Tommasello, who was chosen in recognition of his work in the area of substance abuse education.

LOS ANGELES — During the American Pharmacists Association's 2013 Annual Meeting and Exposition here, the Cardinal Health Foundation and APhA on Tuesday awarded the second annual APhA GenerationRx Award of Excellence to Anthony Tommasello, who was chosen in recognition of his work in the area of substance abuse education. Throughout his career, Tommasello has conducted research and provided education to a wide range of patient populations at risk for substance abuse.

March 19, 2013

In the wake of a new partnership announcement between Walgreens and AmerisourceBergen, Cardinal Health announced on that its pharmaceutical distribution contract with Walgreens that is scheduled to expire at the end of August 2013 will not be renewed.

DUBLIN, Ohio — In the wake of a new partnership announcement between Walgreens and AmerisourceBergen, Cardinal Health announced on Tuesday that its pharmaceutical distribution contract with Walgreens that is scheduled to expire at the end of August 2013 will not be renewed.

February 14, 2013

Cardinal Health announced plans to acquire privately held AssuraMed, a provider of medical supplies to patients in the home, for $2.1 billion.

DUBLIN, Ohio — Cardinal Health on Thursday announced plans to acquire privately held AssuraMed, a provider of medical supplies to patients in the home, for $2.1 billion. 

February 7, 2013

Cardinal Health announced it is providing free, downloadable materials to help community pharmacists educate patients about effective strategies for preventing cardiovascular disease.

DUBLIN, Ohio — Cardinal Health on Thursday announced it is providing free, downloadable materials to help community pharmacists educate patients about effective strategies for preventing cardiovascular disease.  “By using these patient-friendly heart health materials, community pharmacists can strengthen their relationships with patients and help save lives by educating their communities about how to prevent and recognize the symptoms of heart attacks and strokes," stated Ron Clerico, VP marketing for Cardinal Health’s Retail Pharmacy business. 

February 5, 2013

Cardinal Health posted $25.2 billion in revenue for its 2013 second quarter, down 7%. The company's non-GAAP diluted earnings per share was up 15% to $0.93.

DUBLIN, Ohio — Cardinal Health on Tuesday posted $25.2 billion in revenue for its 2013 second quarter, down 7%. The company's non-GAAP diluted earnings per share was up 15% to $0.93. 

January 30, 2013

Over-the-counter products across the front-end are becoming a more and more important profit driver for independent pharmacy operators, Hamacher Resource Group and the Healthcare Distribution Management Association revealed as part of new research titled "Independent Pharmacy Shoppers: Who, What, and Why?"

WAUKESHA, Wis. — Over-the-counter products across the front-end are becoming a more and more important profit driver for independent pharmacy operators, Hamacher Resource Group and the Healthcare Distribution Management Association revealed Wednesday as part of new research titled "Independent Pharmacy Shoppers: Who, What, and Why?" The report places a spotlight on the independent pharmacy front-end customer and helps identify shopper behaviors, purchase preferences and potential barriers that stand in the way of further engagement with independents.

November 12, 2012

Cardinal Health on Monday announced the availability of free, downloadable materials to help community pharmacists educate patients about effective strategies for preventing and living with diabetes as part of National Diabetes Awareness Month.

DUBLIN, Ohio — Cardinal Health on Monday announced the availability of free, downloadable materials to help community pharmacists educate patients about effective strategies for preventing and living with diabetes as part of National Diabetes Awareness Month. 

October 23, 2012

Cardinal Health has introduced a new multidose drug packaging system that it said would help pharmacy customers adhere to medication regimens, the company said Tuesday.

DUBLIN, Ohio — Cardinal Health has introduced a new multidose drug packaging system that it said would help pharmacy customers adhere to medication regimens, the company said Tuesday.

October 16, 2012

The number of independents still is down from 2000, and margins of 2.9% represent the lowest in five years.

 SAN DIEGO — The number of independents still is down from 2000, and margins of 2.9% represent the lowest in five years. However community pharmacists have proven resilient and helped reduce healthcare costs by dispensing a record high number of lower-cost generic drugs in 2011 and reported more frequent interaction with physicians to promote the appropriate use of generics, according to the 2012 NCPA Digest, sponsored by Cardinal Health.

September 26, 2012

Cardinal Health this week announced that it is kicking off an effort to encourage its retail pharmacy customers to educate their patients about new Medicare benefits and options that will be available under the Patient Protection and Affordable Care Act starting in 2013.

DUBLIN, Ohio — Cardinal Health this week announced that it is kicking off an effort to encourage its retail pharmacy customers to educate their patients about new Medicare benefits and options that will be available under the Patient Protection and Affordable Care Act starting in 2013.

August 8, 2012

Healthcare company Cardinal Health is donating almost $1 million to university pharmacy programs across the country.

DUBLIN, Ohio — Healthcare company Cardinal Health is donating almost $1 million to university pharmacy programs across the country.

Cardinal, based in Dublin, Ohio, said the donations were part of the Cardinal Health Pharmacy Scholarship Program, which it launched in June 2011 and which has donated more than $2.1 million to 20 universities.

July 17, 2012

Cardinal Health honored the owner of a Sacramento, Calif.-based independent pharmacy with the company's Ken Wurster Community Leadership Award during its annual Retail Business Conference.

ORLANDO, Fla. — Cardinal Health honored the owner of a Sacramento, Calif.-based independent pharmacy with the company's Ken Wurster Community Leadership Award during its annual Retail Business Conference.

Frank Cable, owner of South Sacramento Pharmacy for more than 40 years, received the award, which each year honors a retail independent pharmacist who promotes the ideals of community pharmacy. The award was created in honor of Tampa, Fla., independent pharmacist Ken Wurster, who passed away in 2008 and was highly regarded for his commitment to serving his customers.

July 16, 2012

Cardinal Health this week introduced "Independent Pharmacy Best Practices 2012, Ideas as Original As You Are," a special publication that showcases 16 unique programs that improve patient care and drive business results, at the wholesaler's annual Retail Business Conference in Orlando, Fla.

ORLANDO, Fla. — Cardinal Health this week introduced "Independent Pharmacy Best Practices 2012, Ideas as Original As You Are," a special publication that showcases 16 unique programs that improve patient care and drive business results, at the wholesaler's annual Retail Business Conference here.

July 12, 2012

Cardinal Health on Thursday kicked off its Retail Business Conference, the company’s annual trade show for independent pharmacies catering to more than 7,000 attendees.

ORLANDO, Fla. — Cardinal Health on Thursday kicked off its Retail Business Conference, the company’s annual trade show for independent pharmacies catering to more than 7,000 attendees.

July 9, 2012

Cardinal Health will this week introduce new services that help hospitals leverage outpatient pharmacies to address two of their most significant challenges: how to expand the quality of care they provide to patients and how to increase revenue, the wholesaler announced Monday.

DUBLIN, Ohio — Cardinal Health will this week introduce new services that help hospitals leverage outpatient pharmacies to address two of their most significant challenges: how to expand the quality of care they provide to patients and how to increase revenue, the wholesaler announced Monday.