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MD&A About Cardinal Health
Cardinal Health | Fiscal 2015 Form 10-K 8
Management's Discussion and Analysis of Financial Condition
and Results of Operations (MD&A)
About Cardinal Health
Cardinal Health, Inc. is an Ohio corporation formed in 1979. As used in this 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 and products company that improves
the cost-effectiveness of health care. We help pharmacies, hospitals, 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.
We manage our business and report our financial results in two segments: Pharmaceutical and Medical.
Pharmaceutical Segment
Our Pharmaceutical segment distributes branded and generic
pharmaceutical, specialty pharmaceutical, over-the-counter
healthcare and consumer products in the United States. This
segment also operates nuclear pharmacies and cyclotron facilities,
provides pharmacy operations, medication therapy management and
patient outcomes services to hospitals and other healthcare
providers, provides services to healthcare companies supporting the
marketing, distribution and payment for specialty pharmaceutical
products and manufacturers and repackages generic
pharmaceuticals and over-the-counter healthcare products. This
segment also imports and distributes pharmaceuticals, over-the-
counter healthcare and consumer products as well as provides
specialty pharmacy and other services in China.
Medical Segment
Our Medical segment distributes a broad range of medical, surgical
and laboratory products and provides services to hospitals,
ambulatory surgery centers, clinical laboratories 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 our own Cardinal Health brand
medical and surgical products, which are sold in the United States,
Canada, Europe and other regions internationally.
Non-GAAP Financial Measures
We use "non-GAAP financial measures" in the "Fiscal 2015 Overview" section and include the reasons we use these non-GAAP financial
measures and the reconciliations to their most directly comparable GAAP financial measures in the “Supplemental Information” section
following MD&A. The remaining sections of MD&A refer to GAAP measures only.