- Cardinal Health ( NYSE: CAH ) said it acquired the Bendcare group purchasing organization (CPO-GPO) entity and made a minority investment in Bendcare management services organization (MSO).
- Financial terms of the transaction were not disclosed, in the July 6 press release.
- Cardinal said combining the expertise of Bendcare with its own will create an integrated suite of clinical, practice management and distribution solutions for rheumatology practices nationwide.
- The company said that after the acquisition of CPO-GPO, current Bendcare-affiliated CPO-GPO members will transition to Cardinal Health's Cornerstone Rheumatology GPO, and Cardinal Health will be the exclusive distributor for those practices.
For further details see:
Cardinal Health acquires Bendcare purchasing organization entity to bolster rheumatology business