US drug and medical supplies distributor Cardinal Health has simultaneously acquired urology-focused medical supplier Strive Medical and AdaptHealth's diabetes business in a deal duo totalling $360m that is positioned to advance its home care business service provision.
Regarding diabetes, the buyout of AdaptHealth's business unit follows Cardinal's buyout of Advanced Diabetes Supply (ADS) in April 2025.
Meanwhile, the acquisition of Strive Medical follows Cardinal's recent moves to advance its urology provision, with the $1.9bn buyout of Solaris Health in August 2025, Academic Urology & Urogynecology in the same month, and buyouts of Urology America and Potomac Urology in April 2025.
The latest acquisition duo is intended to support the advancement of Cardinal's at-home solutions business while expanding its ability to "deliver high-quality service at scale", the company stated.
"These strategic transactions build on the synergies created by our recent investments in home care," said Cardinal CEO Jason Hollar.
#diabetes
Regarding diabetes, the buyout of AdaptHealth's business unit follows Cardinal's buyout of Advanced Diabetes Supply (ADS) in April 2025.
Meanwhile, the acquisition of Strive Medical follows Cardinal's recent moves to advance its urology provision, with the $1.9bn buyout of Solaris Health in August 2025, Academic Urology & Urogynecology in the same month, and buyouts of Urology America and Potomac Urology in April 2025.
The latest acquisition duo is intended to support the advancement of Cardinal's at-home solutions business while expanding its ability to "deliver high-quality service at scale", the company stated.
"These strategic transactions build on the synergies created by our recent investments in home care," said Cardinal CEO Jason Hollar.
#diabetes
2 months ago