Cardinal Health Spinoff Focused Solely on Patient Safety

Dublin, Ohio-based Cardinal Health is spinning off its Clinical and Medical Products businesses as a new company based in San Diego, Calif. and named CareFusion®. It will offer infusion and medication safety technologies, respiratory equipment, automated medical supply dispensing, and infection prevention products, the parent company said Feb. 16. CareFusion® will be listed on the New York Stock Exchange under the ticker symbol CFN.

"CareFusion is a name that clearly communicates our ability to bring together technologies that improve patient safety and streamline the care process," said David Schlotterbeck, Cardinal Health's vice chairman and soon-to-be CEO of CareFusion. "Not only will CareFusion be an immediate market leader in medication safety and infection prevention, [but] we will put a substantial emphasis on innovation and clinical differentiation to continue to serve this growing segment of the global health care industry. Patient safety has always been a moral obligation for hospitals, but with payors creating additional financial incentives to reduce errors, improving safety has become an economic mandate."

The new company will generate about $4 billion in annual revenue and have more than 13,000 employees globally. Its technologies include Alaris® IV pumps, Pyxis® automated dispensing systems, MedMined™ electronic infection surveillance service, AVEA® respiratory care products, and ChloraPrep® skin preparation products. Cardinal Health has owned the CareFusion® trademark since 2006 when it acquired Care Fusion, Inc., a maker of hand-held barcode technology that provides positive patient ID for medication administration, lab specimen collection, and blood transfusions.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • Easy to Use Safety Incident App

    Record incidents on the go with IndustrySafe’s mobile app. Collect data for multiple types of incidents including including near misses, vehicle and environmental incidents, and employee and non-employee injuries; at job sites and remote locations—with or without web access.

  • Complete Online Safety Training Courses

    Deliver state-of-the art, online safety training courses to your organization with IndustrySafe Training Management Software. Generate reports to track training compliance and automatically notify learners of upcoming or overdue classes.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Track Key Safety Performance Indicators

    IndustrySafe’s Dashboard Module allows organizations to easily track safety KPIs and metrics. Gain increased visibility into your business’ operations and safety data.

  • Industry Safe
comments powered by Disqus