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Did Cardinal Health's (CAH) New Chair and Urology Deal Just Reframe Its Healthcare Partnership Strategy?
Cardinal Health recently appointed Patricia A. Hemingway Hall as the new Chair of its Board, succeeding Gregory B. Kenny. This leadership change, coupled with a recent urology-focused acquisition, is seen as continuity in the company’s strategy to expand into higher-margin specialty businesses. The article suggests these moves are crucial for Cardinal Health to improve profitability amid thin margins and regulatory pressures, aiming for $317.2 billion in revenue and $2.6 billion in earnings by 2029 with a projected fair value of $249.60.