Cardinal Health agrees to buy AdaptHealth diabetes unit, Strive Medical for USD 360 million
CAH•Business details and expected earnings impact
AdaptHealth’s Diabetes Health serves more than 225,000 people annually via a centralized mail-order, direct-to-patient model.
Strive Medical serves more than 20,000 people annually, supplying urology, wound care, ostomy, and incontinence products.
The transactions are expected to be accretive to non-GAAP EPS within 12 months of closing.
Cardinal Health to expand at-Home Solutions with two acquisitions
Cardinal Health agreed to buy AdaptHealth’s Diabetes Health business and urology-focused Strive Medical for about USD 360 million in cash.
The deals expand Cardinal Health’s at-Home Solutions platform into diabetes supplies and urology-related home medical products.
