Just say grow; Cardinal Health looks beyond drug distribution and sees a healthy future
Article Abstract:
Cardinal Health Inc., one of the nation's largest wholesale drug distributors, plans to expand its business by providing market information about medication use to drug suppliers, such as pharmaceutical companies, and to Cardinal's customers, such as hospitals and drugstores. Cardinal's net income increased by 35% to $85 million in 1995, but its gross profit margins declined. Cardinal ranks third in the wholesale drug market with nearly $9 billion in revenue and 3,900 employees.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1996
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From docks to docs
Article Abstract:
McKesson Corp.'s acquisition of General Medical Corp. offers the possibility of a single, one-stop source for pharmaceutical and medical/surgical supplies, but analysts say that such a system is far-off until the underlying technology and distribution channels can be seemlessly connected. A key problem is serving the medical supplies needs of smaller clinics and medical practices. These customers order smaller volumes and have different sales strategies than hospitals.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1997
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With an eye to the future
Article Abstract:
A sound understanding of reengineering principles has helped Baltimore, MD's Wilmer Eye Institute, a Johns Hopkins facility, increase its business to record levels and cut its costs by over 20%. No longer needing 120 inpatient beds, the center reduced the number of such beds to 12 and added two operating rooms. Wilmer also recruited more surgeons and consolidated its nursing units.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1996
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