Cardinal Health Agrees to Buy Strive Medical, Adapthealth's Mail-order Diabetes Business for $360M

Dow Jones

07/21

Cardinal Health has agreed to acquire AdaptHealth's diabetes health business, as well as the entirety of Strive Medical, for about $360 million in cash.

Cardinal Health said the deals will accelerate its at-home solutions growth strategy.

AdaptHealth's diabetes health business serves more than 225,000 people annually with mail-order, direct-to-patient supply delivery for managing diabetes. Strive Medical serves more than 20,000 people annually, and Cardinal Health bills it as one of the leading independent home medical supply providers specializing in urology.

"These strategic transactions build on the synergies created by our recent investments in home care," said Cardinal Health Chief Executive Jason Hollar.

Both deals are subject to regulatory approvals.

Cardinal Health's acquisitions last year include GI Alliance, Advanced Diabetes Supply Group, Urology America and Solaris Health.

Write to Grace Yoon at grace.yoon@wsj.com

(END) Dow Jones Newswires

July 20, 2026 17:08 ET (21:08 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Strive Medical serves more than 20,000 people annually, and Cardinal Health bills it as one of the leading independent home medical supply providers specializing in urology. \n</p>\n<p>\n  \"These strategic transactions build on the synergies created by our recent investments in home care,\" said Cardinal Health Chief Executive Jason Hollar. \n</p>\n<p>\n  Both deals are subject to regulatory approvals. \n</p>\n<p>\n  Cardinal Health's acquisitions last year include GI Alliance, Advanced Diabetes Supply Group, Urology America and Solaris Health. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Grace Yoon at grace.yoon@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 20, 2026 17:08 ET (21:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1267930490.SGD","symbol_name":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653246217","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653246217","pubTimestamp":1784581680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Cardinal Health has agreed to acquire AdaptHealth's diabetes health business, as well as the entirety of Strive Medical, for about $360 million in cash.Cardinal Health said the deals will accelerate i","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","BK4585":"ETF&股票定投概念","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","BK4175":"保健护理产品经销商","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","BK4588":"碎股","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","CAH":"卡地纳健康","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU1983299246.USD":"SCHRODER ISF HEALTHCARE INNOVATION \"A\" (USD) ACC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD"},"translate_title":"Cardinal Health 同意以 3.6 亿美元收购 Adapthealth 的邮购糖尿病业务 Strive Medical","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAH":1.97},"content_text":"Cardinal Health has agreed to acquire AdaptHealth's diabetes health business, as well as the entirety of Strive Medical, for about $360 million in cash. \n\n\n  Cardinal Health said the deals will accelerate its at-home solutions growth strategy. \n\n\n  AdaptHealth's diabetes health business serves more than 225,000 people annually with mail-order, direct-to-patient supply delivery for managing diabetes. 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