Cardinal Health : The Biggest Service Provider For The North American Healthcare Industry

HealthSouth got rapid growth through acquisitions in the early 1990s. In early 1990s HealthSouth has been financing over a hundred and eighty one million dollars over 50 states in United States. By the mid-1990s, HealthSouth has operated 14 inpatient and 31 freestanding outpatient rehabilitation centers in 21 states. And it continued to add new

When you’re looking at the income statement, you can get information about profitability for a particular period. This is also called the profit and loss statement. The income statement is composed of both income and expenses. This statement can be used to deduct expenses from income and report either a net profit or net loss for that period. This statement will deduct all expenses from income and then report your net profit or net loss for that period. This will allow the business owner to determine if the business is bringing in a good amount of revenue to make a profit. The cash flow statement shows the movement in cash and balance over period. The cash flow can vary depending on the operating activities, investing and financing activities. This statement provides one business owner with insight to the company’s liquidity which is vital to the growth of the business. Reinvesting in business is very important, looking at the statement of retained earnings will tell a business owner how much were reinvested in the company. After profitable period, every big business has to give some of its profits to stockholders, and keep the rest amount as retained earnings. Out of all statements, retaining statement is important to companies that sells stocks to the public. This statement can also provide you with assets and liabilities information. These informations can be used to assess the financial health of your business. The results of a balance sheet will help the business owners to show the risk of liquidity and credit. Looking at these information you can measure trends and relationships to show where in the areas you can improve. These can also be compared to similar companies to show how the business measures up to leading competitors (Ali, 2010). In summary, the financial statements can provide a business owner

Kaiser Permanente is one of the largest integrated healthcare delivery systems. Serving over eight million individuals across nine states, and the District of Columbia. Kaiser Permanente developed a internet patient portal, KP Online in 1990. The KP Online patient portal offers patients immediate access to health information and enables members to schedule appointments, request prescription refills, seek clinical advice, obtain health care information, and interact in forums.

On October 10, 2015, while working off duty at Cardinal Health, reserved Deputy Brawley and Sergeant JakeBowden were advised by an employee that a wrecker was circling the lot. It is Cardinal Health’s policy not to allow people on the property unless they have business with or are employed by Cardinal Health. The parking lot is posted.

a.) The income statement, also called the profit & loss account (P & L), is used to illustrate a company’s revenues and expenses over a particular period of time. It shows the net profit and/or loss for the given period (the difference between the business’ total income and its total costs). It also allows shareholders to see the performance of the business and if it has made an acceptable profit.

Key Dates and Timelines Date Acquisition 1971 Robert Walter acquires Monarch Foods in leveraged buyout 1980 Walter acquires drug distributor in Zanesville, Ohio 1983 Company goes public as Cardinal Distribution 1988 Walter sells food group to Roundy’s Inc. 1991 Cardinal’s revenues exceed $1 billion 1994 Cardinal acquires Whitmore Distribution and Medical Strategies; company name change to Cardinal Health 1995 Cardinal acquires Medicine Shoppe International 1996 Cardinal acquires Pysix and PCI Services, Inc. 1997 Cardinal acquires Owen Healthcare Inc. 1998 FTC blocks Cardinal’s purchase of Burgen Brunswig; Cardinal acquires R. P. Scherer 1999 Cardinal acquires Allegiance 2000 Cardinal acquires Bergen Brunswig Medical Corp.; Cardinal established Cardinal.com and

One of the biggest industries in the United States is health care industry, which accounts for over 17.5 percent of the Gross Domestic Product (GDP) of the country. This big representation of the nation’s economic activities impacts the overall economy. In other ways, it’s also impacted by the general economy. While the health care industry continues to grow, transformational changes also continue to enforce change in its organizational structure. Change in organizational structure enables health care providers to make arrangement for the change. In this case, the overall health care providers’ advance in new medical technology (to provide the best quality services), financial system, and the entire health care service structure, rules,

This income statement tells how much money a company has brought in (its revenues) how much it has spent (its expenses) and the difference between the two (its profit). The income statement show’s a company’s revenues and expenses over a specific time frame. This statement

The Net income a company’s total earning minus all the all the deduction, depreciation, interest and taxes. It is the total profit earned during the period. In the tables above The net income paint a very different picture. Verizon was able to stay in the positive in the last three years while Sprint was in the negative for the last three years. This is never a good sign for a corporation because it continually starts out in the negative and caught deficiency in area as the company scramble to make up for the loss revenue.

The net income of an organization is calculated by subtracting total expenses from the revenue. The net income is generally referred to as the profit of the organization. However, the net income is used to determine how well an organization performed financially within a period of time. The net income is a better estimate of profitability than cash flow. The cash flow shows whether a business can sustain itself. The way an organization pays their bills can greatly impact the cash flow. The cash flow statement is useful to investors because the cash flow statement details where the cash is coming from, whether from loans, products or services, and investments (Wilkinson, 2014).

to give a gross profit margin of .086. The GPM of ABC SDN. BHD. is higher than that of its competitor, which indicate the company is doing well.

Cardinal Health was founded in 1971 when founder Robert D. Walter opened a small distribution center in Columbus, Ohio, then named Cardinal Foods, Inc. In 1979 the food distributor branched out into pharmaceutical distribution when the company purchased a Zanesville, Ohio, drug distributor and became known as Cardinal Distribution ("Our history," 2011). The company evolved over the next several years; they went public and was renamed Cardinal Health in 1983, sold its food distribution segment in 1988, and become a global corporation with $103 billion in revenues and $1.5 billion in annual operation earnings in 2011 (Annual Report, 2011). Through several acquisitions over the past three decades

It is important to understand that any business needs from an income statement and a cash flow statement to succeed and there are many reasons behind it. According to Southern New Hampshire University (2015), “Cash flow is the lifeblood of any business…it can reveal important clues about a company’s financial health that are not as readily apparent on the balance sheet or income statement. (p. 1)

Net income is total revenues minus total expenses incurred to generate those revenues all within the same reporting period. Net income is calculated by the accrual accounting methodology meaning that the expenses incurred to generate revenues are reported at the same time the related revenues are reported. Both revenue recognition and expenses paid may not coincide with actual cash transactions. Net cash from operating activities, on the other hand, is not determined by accrual but by

Cardinal Health has a unique understanding of the entire healthcare landscape; Cardinal bring you broadens and scales to drive cost out of the supply chain to achieve the greatest impact on the bottom line for themselves and their customers. Hence, Cardinal Health is leveraging the extensive resources and expertise they have and offer customized 3PL Business Solution which range from enhanced transportation, inventory storage, and facilities within the supply chain. Therefore, Cardinal Health and FedEx Corp. announced that they have formed a strategic alliance that