January 31, 2014

If you don't succeed the first time, try, try again. That's exactly what McKesson did when it announced that it reached an agreement with Franz Haniel & Cie. GmbH to acquire its entire holding of Celesio shares. And in a separate and subsequent agreement, McKesson also picked up the Celesio convertible bonds from Elliott.

Nothing good is ever easy. "While the path to securing this acquisition was certainly not what we had originally expected, it would seem that the interested parties to this transaction continued to see the compelling strategic benefit of McKesson and Celesio uniting to form a global leader in health care services," John Hammergren, McKesson chairman, CEO and president, said of the deal. "I never lost sight of the value this transaction will bring to our customers, our supply chain partners, the employees of both organizations and our shareholders."

January 30, 2014

The loss of the Walgreens contract was a key consideration in Cardinal Health's 12% decline in overall revenue for the company's second quarter 2014, George Barrett, Cardinal Health chairman and CEO, told analysts Thursday morning.

January 15, 2014

In its newest educational program, the Generation Rx Initiative mixes online learning with video games released Wednesday to promote learning about the dangers of prescription drug misuse and abuse.

January 9, 2014

A deal announced last month between CVS Caremark and Cardinal Health created a joint venture that the companies said would be the largest generic drug sourcing entity in the United States.

December 26, 2013

It’s been a busy month for news about CVS Caremark, as DSN raced to compile the special report on the company that appears in this issue. Each of the announcements only serves to amplify our “Power of One” theme.

Take its new joint venture with Cardinal Health, which will negotiate prices and source generic drugs for both companies.

December 10, 2013

CVS Caremark and Cardinal Health announced on Tuesday the signing of an agreement to form the largest generic sourcing entity in the United States.

December 9, 2013

Cardinal Health ranked No. 1 in Gartner's fifth annual Healthcare Supply Chain Top 25 ranking. Not including health systems, the top 10 included McKesson at No. 5, BD (6), Johnson and Johnson (7), Walgreens (8) and CVS Caremark (9).

December 9, 2013

Pharmacy Quality Solutions on Monday announced that it will collaborate with Cardinal Health to help 600 community pharmacies track their performance on Medicare Part D Star measures.

December 4, 2013

Cardinal Health Foundation recently awarded more than $350,000 in grant funding to 29 nonprofit organizations that are dedicated to the fight against prescription drug abuse, the organization announced Wednesday.

December 3, 2013

Cardinal Health recently enhanced its Reimbursement Consulting Services offering, which helps retail pharmacies ensure the accuracy of third-party reimbursement by identifying reimbursement errors and recommending strategies for correcting them.

November 26, 2013

Cardinal Health on Tuesday announced that it has renewed a three-year agreement with Prime Therapeutics to continue serving as the primary pharmaceutical supplier for Prime's pharmacy home-delivery service, PrimeMail, and for Prime Therapeutics Specialty Pharmacy.

October 31, 2013

Cardinal Health had sales of $24.5 billion and profits of $339 million in first quarter 2014, the company said.

October 25, 2013

With is proposed acquisition of German wholesaler Celesio, McKesson creates a global distribution enterprise on the scale of Walgreens, Alliance Boots and AmerisourceBergen before them. In addition to wholesaling, Celesio operates about 2,200 pharmacies across six countries and is the No. 2 operator in the United Kingdom.

Retail pharmacy and drug sourcing both are more and more becoming a global business. Just last week, the head of the second-biggest drug chain in Brazil announced he would be open to a buyout. So expect more of these headlines in the months to come.

October 15, 2013

Independent pharmacies are focusing more on helping patients adhere to their medication therapies and save money by using generics, according to a new digest for members of a trade group that represents independents.

September 4, 2013

Cardinal Health announced that its board of directors has elected Patricia Hemingway Hall, president and CEO of Health Care Service Corp., as an independent director, effective Sept. 12.

September 3, 2013

With the window for Medicare enrollment opening on Oct. 15 and running through Dec. 7, Cardinal Health on Tuesday launched a customizable Medicare Enrollment Toolkit to help its retail pharmacy customers educate the rapidly growing Medicare-eligible population about coverage options.

August 29, 2013

Cardinal Health on Tuesday announced that Tony Caprio, EVP in the Office of Customer Experience and general manager for the Healthcare IQ business partnership, will retire from the company after nearly 40 years of service to the healthcare community.

August 21, 2013

As the healthcare services powerhouse it has grown to become over the decades, Cardinal Health serves a wide range of customers in a variety of channels, from retail pharmacy to hospitals and health systems. But its impact on community pharmacy extends far beyond its role as an integral linchpin in our nation’s healthcare supply chain.

August 20, 2013

Cardinal Health hosted a full-day pharmacy ownership “boot camp” to support Women in Pharmacy in Seattle, Saturday, Aug. 10, at the Cardinal Health 2013 Retail Business Conference, helping to pave the way to independent ownership for a key demographic across pharmacy schools and pharmacy operations — female pharmacists.

August 20, 2013

Cardinal Health has invited customers to donate to Wounded Warrior Project for a few years now, but this year, its partnership with the organization reached a new milestone.

August 20, 2013

Chris Geronsin, owner of Beverly Hills Pharmacy in St. Louis, was honored with Cardinal Health’s Ken Wurster Community Leadership Award during the closing ceremonies at the Cardinal Health annual Retail Business Conference in Seattle on Friday, Aug. 9, at the Washington State Convention Center.

August 19, 2013

Second interviews from the floor at Cardinal Health RBC 2013

August 13, 2013

At its annual Retail Business Conference for independent pharmacies, Cardinal Health presented its special publication Independent Pharmacy Best Practices Guide: Innovating Independents. This report highlights 14 unique programs, implemented by independent pharmacists from across the United States, that improve patient care and drive business results.

August 11, 2013

Changes in healthcare delivery today are influencing the way community pharmacy serves patients. That was the key message healthcare policy wizard Mark McClellan, M.P.A., M.D., PhD., had for attendees of an Aug. 9 industry general session in Seattle at Cardinal Health's annual Retail Business Conference.