Cardinal Health To Acquire Medical Analytics Firm, MedMined

    DUBLIN, Ohio, July 12 /PRNewswire-FirstCall/ -- Cardinal Health, the
 leading provider of products and services supporting the health-care
 industry, today announced plans to acquire privately held MedMined, Inc., a
 leader in technology and services that identify and prevent
 hospital-acquired infections.
     The acquisition will immediately extend Cardinal Health's portfolio of
 patient safety solutions in the areas of hospital-acquired infections and
 antimicrobial management. Terms of the agreement were not disclosed.
     Reducing Hospital Infections
     Hospital-acquired infections directly affect patient outcomes and are
 estimated to cost the health-care industry billions of dollars each year.
 Current estimates are that one out of every 20 patients gets an infection
 as a result of hospitalization, leading to higher costs, longer hospital
 stays and a greater risk of death.
     Using patented data-mining methods to analyze hospital records,
 MedMined helps identify specific opportunities to manage infections and
 change processes to prevent future infections. The data may also be used to
 efficiently report infection rates, enabling hospitals to provide the
 public with meaningful information from which to make comparisons. Many
 hospitals using MedMined's Data Mining Surveillance(R) service have
 achieved a significant financial return in the first year of use by
 improving practices, reducing infection rates and lowering non-variable
 reimbursement costs.
     MedMined services are currently used in approximately 185 hospitals in
 more than 25 states and are made available to local hospitals for quality
 initiatives through Blue Cross Blue Shield in six states: Alabama,
 California, Pennsylvania, New Jersey, New York and Texas.
     "Hospitals have a long history of striving to prevent infections and
 MedMined's techniques now provide them with information that complement
 their safety initiatives and support measurable improvements," said David
 Schlotterbeck, chief executive officer of Pharmaceutical and Medical
 Products for Cardinal Health.
     "MedMined advances Cardinal Health's long-standing commitment to help
 our hospital partners improve safety by reducing variations in clinical
 practices. There are significant opportunities to extend MedMined's
 data-mining and technology-based services to the medication management
 solutions we offer today with our Alaris and Pyxis products."
     Stephen Brossette, president of MedMined added, "We are very excited to
 join one of the world's premier health-care companies. Cardinal Health
 shares our vision for patient safety and already has leading medication
 safety and outcomes measurement offerings that fit well with our
 hospital-acquired infection solutions. Given Cardinal Health's breadth and
 depth of knowledge and experience in managing medications in hospitals, we
 expect to find additional opportunities to apply our patented data-mining
 methods to deliver value to customers."
     About Cardinal Health
     Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE:   CAH) is a
 $75 billion, global company serving the health-care industry with a broad
 portfolio of products and services. Through its diverse offering, Cardinal
 Health delivers integrated health-care solutions that help customers reduce
 their costs, improve efficiency and deliver better care to patients. The
 company manufactures, packages and distributes pharmaceuticals and medical
 supplies, offers a range of clinical services and develops automation
 products that improve the management and delivery of supplies and
 medication for hospitals, physician offices and pharmacies. Ranked No. 19
 on the Fortune 500, Cardinal Health employs more than 55,000 people on six
 continents. More information about the company may be found at
 www.cardinalhealth.com.
 
 

SOURCE Cardinal Health, Inc.