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2 clusters · 3 sources · 11 days · First seen · Last updated

Cardinal Health home care expansion

Overview

In July 2026, Cardinal Health announced definitive agreements to acquire AdaptHealth’s Diabetes Health business for $235 million in cash and the medical‑supply firm Strive Medical in a separate transaction, together valued at roughly $360 million. The deals were presented as a way to grow the company’s at‑Home Solutions platform and broaden its reach in diabetes management and urology care.

A later report confirmed the sale of the Diabetes Health unit to Cardinal Health, noting that the transaction was subject to antitrust review and aligned with AdaptHealth’s plan to focus on sleep and respiratory care, reduce debt, and improve financial flexibility. The acquisition reinforced Cardinal Health’s strategy to expand technology‑enabled home health services across the United States.

Entities

Suzanne Foster · Arrowstreet Capital Limited Partnership · AdaptHealth Corp. · Cardinal Health

Timeline

  1. 24 days ago

    [BUSINESS] 3 sources
    AdaptHealth sells Diabetes Health unit to Cardinal Health for $235 million

    AdaptHealth is selling its Diabetes Health unit to Cardinal Health for $235 million as part of a refocus on core sleep and respiratory care, while investors like Arrowstreet increase stakes in the company.

  2. about 1 month ago

    [BUSINESS] 7 sources
    Cardinal Health expands home care with $360 million acquisitions of AdaptHealth Diabetes unit and Strive Medical

    Cardinal Health will buy AdaptHealth’s Diabetes Health business and Strive Medical for about $360 million, expanding its at‑Home Solutions portfolio in diabetes and urology care.

Sources

mommygearest.com · mychesco.com · stocknews.com