Cardinal Health 2013 Annual Report Download - page 16

Cardinal Health, Inc. and Subsidiaries
Business Overview
14
General
As used in this annual report, “we,” “our,” “us” and similar pronouns refer
to Cardinal Health, Inc. and its subsidiaries, unless the context requires
otherwise. We are a healthcare services company providing
pharmaceutical and medical products and services that help pharmacies,
hospitals, ambulatory surgery centers, clinical laboratories, physician
offices and other healthcare providers focus on patient care while reducing
costs, enhancing efficiency and improving quality. We also provide
medical products to patients in the home.
Our fiscal year ends on June 30. References to fiscal 2013, 2012 and
2011 are to the fiscal years ended June 30, 2013, 2012 and 2011,
respectively. Except as otherwise specified, information in this annual
report is provided as of June 30, 2013.
Pharmaceutical Segment
In the United States, including Puerto Rico, the Pharmaceutical segment:
• distributes branded and generic pharmaceutical, over-the-counter
healthcare and consumer products through its Pharmaceutical
Distribution division to retailers (including chain and independent
drug stores and pharmacy departments of supermarkets and mass
merchandisers), hospitals and other healthcare providers. This
division:
• maintains prime vendor relationships that streamline the
purchasing process resulting in greater efficiency and lower
costs for our customers;
• renders services to pharmaceutical manufacturers including
distribution, inventory management, data reporting, new
product launch support, and contract pricing and chargeback
administration;
• franchises retail pharmacies under the Medicine Shoppe® and
Medicap® brands; and
• provides pharmacy services to hospitals and other healthcare
facilities;
• operates nuclear pharmacies and cyclotron facilities through its
Nuclear Pharmacy Services division that manufacture, prepare and
deliver radiopharmaceuticals for use in nuclear imaging and other
procedures in hospitals and physician offices; and
• distributes specialty pharmaceutical products, provides services to
pharmaceutical manufacturers, third-party payors and healthcare
providers supporting the marketing, distribution and payment for
specialty pharmaceutical products, and operates a specialty
pharmacy through its Specialty Solutions division.
In China, the Pharmaceutical segment distributes branded, generic and
specialty pharmaceuticals, over-the-counter and consumer products as
well as provides logistics, marketing and other services and operates
specialty pharmacies through Cardinal Health China.
Medical Segment
The Medical segment distributes a broad range of medical, surgical and
laboratory products to hospitals, ambulatory surgery centers, clinical
laboratories, physician offices and other healthcare providers in the United
States, Canada and China and to patients in the home in the United States.
This segment also manufactures, sources and develops its own line of
private brand medical and surgical products. Manufactured products
include: single-use surgical drapes, gowns and apparel; exam and surgical
gloves; and fluid suction and collection systems. The segment also
assembles and offers sterile and non-sterile procedure kits. Our
manufactured products are sold directly or through third-party distributors
in the United States, Canada, Europe, South America and the Asia/Pacific
region. In addition, the segment provides supply chain services, including
spend management, distribution management and inventory
management services, to healthcare providers.