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Cardinal Health To Acquire AssuraMed, Leading Direct-To-Home Medical Supplies Distributor for $2.07 Billion
Date:2/14/2013

, AssuraMed CEO.

After the transaction is complete, Cardinal Health will supply the home health care channel with product lines including ostomy, diabetes, insulin therapy, urological, wound care and incontinence.  The company also expects to use this acquisition as a platform to begin offering a variety of its current product offerings in the direct-to-home channel.

Advantages of the acquisition

  • Furthers Cardinal Health's leadership in providing broadest products and services from the hospital to the home
  • Strategically aligned with where health care is moving, to ambulatory care and more cost-effective settings
  • Growing channel allows Cardinal Health to serve patients with chronic diseases or receiving post-acute care
  • Extends Cardinal Health core capabilities to the home with specialized and scalable platform
  • Enhances Cardinal Health's payor relationships and expertise
  • Close to Cardinal Health DNA in operations management and logistics, customer service orientation, product lines and company culture
  • Opportunity to deliver Cardinal Health-branded medical products direct to patients/consumers and local Home Medical Equipment providers
  • Extends Cardinal Health offering to retail pharmacy and health system customers
  • Brings incremental expertise in small parcel fulfillment, enabling growth in physician offices
  • Creates a robust platform for future Cardinal Health product and service offerings

AssuraMed facts

  • $1 billion calendar 2012 revenues (including revenues of Invacare Supply Group, acquired by AssuraMed in January 2013)
  • Excellent growth platform in a large segmented channel
  • Serving more than 1 million patients, offering 30,000 products; 12 distribution centers
  • Strong brands, value-added small parcel distribution capabil
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SOURCE Cardinal Health
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