Cardinal Health agreed to acquire AdaptHealth’s diabetes health business and Strive Medical in two separate deals totaling about $360 million, aimed at expanding its home care footprint. The acquisition adds diabetes-focused care capabilities and medical supplies into Cardinal’s service mix. Overall, the announced $360M growth initiative is likely to be viewed positively for business momentum.
Cardinal Health agreed to acquire AdaptHealth’s diabetes health business and Strive Medical in two separate deals totaling about $360 million, aimed at expanding its home care footprint. The acquisition adds diabetes-focused care capabilities and medical supplies into Cardinal’s service mix. Overall, the announced $360M growth initiative is likely to be viewed positively for business momentum.
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