Cardinal Health: Empowering Healthcare Through Innovation and Collaboration
20 Best Companies to Watch in 2023
Leading the Charge in Addressing Healthcare's Most Complex Challenges!
As the world continues to progress and change, so does the healthcare industry. With technological advancements and new research constantly being conducted, the landscape of healthcare is constantly evolving. It is becoming increasingly important to stay up-to-date on the latest developments and trends in this field in order to provide the best care possible to patients.
One company stands out as a crucial link between clinical expertise and operational excellence. Cardinal Health, a preeminent contender in the realm of pharmaceutical distribution, medical product manufacturing, and healthcare solutions, is leading the charge in revolutionizing the industry. Under the stewardship of Steve Mason as CEO, the company is deftly navigating the intricacies of healthcare, furnishing expansive solutions, and propelling progress in an evolving world.
Cardinal Health, with its extensive experience spanning over 50 years, has emerged as a crucial and integral partner in the healthcare ecosystem. With a presence in more than 30 countries and a global workforce of around 44,000 employees, the company's contribution towards delivering comprehensive solutions and evidence-based insights is indispensable in advancing healthcare and enhancing lives every day.
Its vision goes beyond just distributing products. By forming strong alliances, embracing diverse perspectives, and introducing advanced digital solutions, the company fosters relationships throughout the entire healthcare process. Despite the complex issues plaguing the industry, Cardinal Health sees this as a chance to offer all-inclusive and adaptable answers, giving its clients the tools they need to succeed.
Steve Mason, the CEO of Cardinal Health, is at the forefront of tackling the most complex issues in healthcare. With his strategic foresight and comprehensive knowledge of the industry, Mason directs the company's initiatives to promote innovation, encourage cooperation, and shape the healthcare landscape of the future. Cardinal Health is making significant strides under its direction, utilizing its distribution channels, diverse product line, and groundbreaking solutions to adapt to the changing needs of its clientele.
Cardinal Health remains steadfast in its mission to enhance healthcare, spanning from dispensing pharmaceuticals to producing medical products and employing data-based solutions. The organization's unyielding devotion to earning the trust of its healthcare stakeholders and ceaseless drive for expansion and novelty firmly establishes it as an industry frontrunner.
Join us as we explore the remarkable journey of Cardinal Health!
Successful Leadership
Steve Mason, Chief Executive Officer, Medical Segment
Steve Mason boasts an extensive leadership background spanning over two decades, primarily within Cardinal Health's medical and pharmaceutical segments. His impressive resume includes holding the position of president at Cardinal Health at-Home Solutions, which is a top-tier medical supplies provider. With this responsibility, Mason efficiently oversaw the care of over 3 million home-bound patients through the operation of two complementary enterprises, Edgepark and Cardinal Health at Home. Prior to this, he was the head of the Kinray pharmaceutical distribution business, which entailed overseeing the partnership and service of 2,800 independent retail customers. Additionally, his expertise extends beyond these domains; he has spearheaded teams in consumer health, sales administration, retail independent sales, and retail national accounts within the pharmaceutical distribution business of the company.
Prior to his employment at Cardinal Health, Steve occupied sales positions at Gambro Healthcare and Ameripath, with a focus on laboratory services for dermatology and nephrology specialties. Mason is fervent about and dedicated to promoting diversity and inclusivity. He acts as an executive sponsor of the Cardinal Health PROUD Network, an employee resource group dedicated to supporting LGBTQ+ and ally personnel.
Steve is a board member of the United Way of Central Ohio and obtained a bachelor’s degree from Ohio State University.
Controlling Skyrocketing Drug Costs
The clinical consulting specialists at Cardinal Health possess a demonstrated track record of assisting healthcare facilities in enhancing patient outcomes and achieving cost savings on medications.
- Drug Cost Control Solution: Cardinal Health facilitates pharmacy executives in attaining reductions in medication expenses.
- Drug Cost Control and Analytics: Cardinal Health proffers consulting proficiency and exclusive, internet-based technology to dispense the resources and pragmatic discernments, thereby empowering pharmacy executives to attain considerable cost reductions through the regulation of drug expenses.
- eRecovery™ Patient Assistance: The eRecovery™ Solutions by Cardinal Health enhance the efficiency of manufacturer programs aimed at providing financial aid to patients for medical devices and medications, including co-pay assistance.
Personalized Solutions and 340B Compliance Expertise
Cardinal Health comprehends the inherent disparity between inpatient and outpatient acute pharmacies, yet acknowledges their equal importance in providing optimal patient care. Their adept professionals will collaborate with you to deliver personalized management solutions that cater to your distinctive pharmacy requirements.
- 340B Consulting: By means of 340B consultancy assignments or customized compliance evaluations, their services guarantee 340B adherence for your pharmacy.
- CardinalASSIST™ ADM Logistics: Cardinal Health provides hospitals with the means to enhance the efficiency of their Automated Dispensing Machines (ADMs).
- Hospital Pharmacy Management: Cardinal Health’s leading pharmacy management company helps hospitals improve care and save money.
- Outpatient Pharmacy Services: The services offered by Outpatient Pharmacy Solutions are of paramount importance in ensuring the seamless continuation of patient care post-discharge, as patients make the transition from the hospital to their homes.
- Specialty Pharmacy Services: Collaborate with a proficient specialist to devise a tailored methodology for regulating hospital specialty drug expenditures while ensuring superior patient care. They evaluate the return on investment of your certified specialty pharmacy and streamline other options for specialty tactics in accordance with your distinct pharmaceutical outlay.
Cardinal Health's Remote Pharmacy Solutions
Cardinal Health's Remote Pharmacy Services encompass a range of exceptional enterprise solutions that cater to hospital and acute pharmacies throughout the nation, regardless of their size. Nearly all hospital pharmacy executives aspire to render around-the-clock pharmacy services to their patients. Nevertheless, a shortage of skilled workers, fiscal constraints, and industry hurdles are frequent hindrances that prevent many hospitals from achieving this objective. Thanks to Cardinal Health's Remote Pharmacy Services, however, this aspiration can be realized by large health systems as well as rural and diminutive establishments.
Utilizing the support of your geographically dispersed workforce, the duration of your order processing is typically less than 20 minutes, and their aid is priced at a noticeable 20–30% less than the expenses incurred for hiring in-house personnel.
Partner with an industry leader able to tailor service to meet your needs and provide the dependability you need:
- They cater to an excess of 450 clinical pharmacies for admitted patients and an excess of 500 commercial pharmacies.
- Process more than 8 million orders annually.
- Co-authored ASHP’s Guidelines for Remote Order Processing
- Hospital-trained clinical pharmacists with 30+ clinical competencies, including ASHP
- Support more than 22 pharmacy information systems and maximize the efficiencies of CPOE systems.
- Their proprietary technology drives compliance with hospital policies and procedures.
Global Leader in Supply Chain and Logistics
Investigate how their resilient supply chain and logistics proficiency, amalgamated with their profound clinical discernment, can assist you in accomplishing effectiveness and dedicating your time to patient care. As an exceptional distributor on a global scale, they are entrusted by numerous pharmacies that operate in all parts of the care spectrum, ranging from retail and hospital pharmacies to long-term care and community health center pharmacies and beyond. They customize their assistance to suit your pharmacy's needs, regardless of its size or specialty, allowing you to place your focus on patient care.
- 340B Services: Their incomparable fiscal aptitude will guarantee the fulfillment of your patient care mission by addressing your 340B supply chain, pricing, compliance, and management requirements.
- Cold Chain: Their repertoire encompasses a diversity of avant-garde refrigeration packaging solutions to cater to geographical, ecological, and logistical requisites.
- Pharmaceutical Tracing: They furnish information on pharmaceutical transactions, as well as client and producer assets, to reinforce the statute on drug tracking.
- GS1 Standards: The GS1 industry protocols institute a worldwide benchmark and enhance the efficacy of medical merchandise logistics.
- Specialty Pharmaceutical Distribution: The proficient squad of troubleshooters acknowledges the intricacies of specialized healthcare and employs its profound knowledge to guarantee the timely administration of necessary treatments to your patients.
- SOURCE℠ Generics: Leverage the preeminent program for generic pharmaceuticals in the market through Cardinal Health Generics.
Revolutionizing Specialty Pharmaceutical Distribution
Cardinal Health's Specialty Pharmaceutical Distribution (SPD) collaborates with pharmacies to discern their distinctive obstacles, extract discernments, and furnish them with the merchandise, technologies, and expertise required for optimal performance. They streamline the distribution of specialty products by utilizing their magnitude as one of America's largest specialty healthcare supply chains, enduring affiliations with premier group purchasing organizations, and decades of proficiency in distributing specialty products.
With Cardinal Health Specialty Pharmaceutical Distribution, you can:
- Gain access to specialty products
- Improve inventory management
- Receive emergency drugs faster
- Optimize financial performance
- Simplify and streamline operations
Secure flu vaccines through our Flu Vaccine Program
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