Cardinal Health to buy Strive Medical, AdaptHealth's diabetes health business for $360M
fiercehealthcare - The pharmaceuticals and specialty products distributor plans to buy AdaptHealth's diabetes health business unit and medical supply provider Strive Medical in separate deals worth $360 million.
AI Summary: Cardinal Health agreed to buy AdaptHealth/Strive Medical’s diabetes health business for roughly $360 million and pursue additional acquisitions to expand its at‑home care portfolio. The moves aim to accelerate home‑based services and chronic disease support, reflecting a broader industry push to shift care out of hospitals and into patients' living rooms.
Related Stories
Teladoc launches results‑based virtual care model for employers and plans / 23 hrs
Amwell reports stronger retention and smaller-than-expected Q1 losses / 2 months
Patient portal messages to providers have skyrocketed since 2020 / 4 wks
Nourish raises $100M to scale virtual metabolic nutrition clinics nationwide / 2 months
IKS Health completes $557M TruBridge acquisition / 14 days
Teladoc and Walmart launch expanded virtual care platform nationwide / 1 month
Oura confidentially files for IPO as healthcare ambitions accelerate / 1 month
StackHealth RSS
You can now follow topics by RSS - browse the complete list of topics, people, and organizations. Or, try Venture Capital, Hearing Loss, Infant Health, Healthcare and look for the RSS link.
StackHealth Time Machine