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Cardinal Health completes acquisition of Solaris Health

1. Cardinal Health acquires Solaris Health, enhancing urology service capabilities. 2. The acquisition adds 750 providers to Cardinal Health's multi-specialty MSO platform. 3. Now, the MSO platforms reach nearly 3,000 providers across 32 states. 4. This move positions Cardinal Health for increased market share in urology.

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FAQ

Why Bullish?

Acquisitions generally lead to increased revenue potential. Historical acquisitions often resulted in stock price appreciation.

How important is it?

The acquisition is a significant development likely improving Cardinal Health’s market position.

Why Long Term?

The integration of Solaris Health will take time but likely enhances sustainable growth.

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Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact Adds the country's leading urology MSO with over 750 providers to Cardinal Health's leading multi-specialty MSO platform, The Specialty Alliance and brings Cardinal Health's MSO platforms to ~3,000 providers in 32 states , /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that it has completed its acquisition of Solaris Health, the country's leading urology MSO. Solaris Health brings more than 750 providers across more than 250 practice locations in 14 states and adds immediate scale to the Urology Alliance within Cardinal Health's leading multi-specialty MSO platform, The Specialty Alliance. About Cardinal HealthCardinal Health is a distributor of pharmaceuticals and specialty products; a global manufacturer and distributor of medical and laboratory products; a supplier of home-health and direct-to-patient products and services; an operator of nuclear pharmacies and manufacturing facilities; and a provider of performance and data solutions. Our company's customer-centric focus drives continuous improvement and leads to innovative solutions that improve people's lives every day. Learn more about Cardinal Health at cardinalhealth.com and in our Newsroom.  Contacts Media: Erich Timmerman, [email protected] and 614.757.8231 Investors: Matt Sims, [email protected] and 614.553.3661 SOURCE Cardinal Health Also from this source

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