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.

Drugs, Wholesale industry, Wholesale trade, Distribution, Company Profile, Cardinal Health Inc., CAH, Walter, Robert

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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.

Medical and hospital equipment, Medical Supplies Whsle, Medical, Dental, and Hospital Equipment and Supplies Wholesalers, Pharmaceutical industry, Mergers, acquisitions and divestments, Medical equipment and supplies industry, Medical equipment industry, Medical supplies wholesalers, McKesson Corp., MCK, General Medical Corp.

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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.

General Medical and Surgical Hospitals, Offices & clinics of medical doctors, General medical & surgical hospitals, Freestanding Ambulatory Surgical and Emergency Centers, Outpatient Surgical Centers, General Medical Hospitals, Hospitals, Hospital administration, Surgical clinics, Johns Hopkins Hospital (Baltimore, Maryland)

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