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Cardinal consolidates drug, device distribution with nuclear pharmacies

Executive Summary

Wholesaler Cardinal Health is consolidating its network of pharmaceutical and medical device distribution centers and nuclear pharmacies to form the Healthcare Supply Chain Services segment, it said July 8. Also as part of the corporate restructuring, infusion, medication dispensing, respiratory care and infection protection will be handled under the newly created Clinical and Medical Products segment. Six-hundred positions will be eliminated as part of the restructuring, including 160 that are currently vacant. "Through this restructuring, we sharpen our focus on two distinct, large and growing segments of the health care industry by aligning our resources, reducing costs and helping to speed decision making for our customers," Cardinal CEO Kerry Clark said in a release
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