Cardinal Health's Outcomes Business Merges With Transaction Data Systems, Marking New Chapter
Portfolio Pulse from Nabaparna Bhattacharya
Cardinal Health (NYSE:CAH) has agreed to contribute its Outcomes business to Transaction Data Systems (TDS) in exchange for a minority stake in the combined entity. The deal is expected to close in Q3 2023 and will create a broad, integrated offering of pharmacy workflow software with patient engagement and clinical solutions.
June 05, 2023 | 4:31 pm
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Cardinal Health's Outcomes business will merge with Transaction Data Systems, creating a broad, integrated offering of pharmacy workflow software with patient engagement and clinical solutions.
The merger of Cardinal Health's Outcomes business with Transaction Data Systems will create a comprehensive pharmacy workflow software offering, which is expected to benefit both companies. This deal is likely to have a positive impact on Cardinal Health's stock price in the short term, as it expands their product offerings and strengthens their position in the market.
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