Cardinal Inks 2 Acquisitions in Bid to Expand at-Home Services

Cardinal inks 2 acquisitions in bid to expand at-home services

The company agreed to buy a diabetes health business and medical supplier Strive Medical to boost its growing in-home solutions unit.

Cardinal Health's latest deals won't move the needle overnight. They still matter.

Cardinal Health announced two tuck-in acquisitions Monday that further expand one of the fastest-growing parts of its business.

Cardinal Health’s latest deals won’t move the needle overnight. They still matter.

Cardinal Health announced two acquisitions Monday that could supercharge one of the fastest-growing parts of its business: home care. The global healthcare services company agreed to buy AdaptHealth’s diabetes health business and Strive Medical for a combined $360 million in cash. While relatively small for a company of Cardinal Health’s size, the transactions are part of Cardinal’s larger plan to invest in faster-growing, higher-margin business…