Accendra Health, Inc., along with its subsidiaries, operates globally as a comprehensive provider of healthcare solutions. The organization is structured into two ...
Accendra Health, Inc. (NYSE: ACH), formerly known as Owens & Minor, is a comprehensive healthcare solutions provider headquartered in Glen Allen, Virginia. Founded in 1882, the company operates globally with two primary segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment offers a wide range of medical and surgical supplies, including proprietary brands, to healthcare providers and manufacturers, along with services like supplier relationship management, analytics, inventory optimization, and clinical supply oversight. The Patient Direct segment focuses on at-home patient care, providing essential products for diabetes management, respiratory support, sleep apnea therapy, and home medical equipment, as well as specialized care products for ostomy, wound, urological, and incontinence needs. The company serves a diverse clientele, including large health systems, independent hospitals, surgical facilities, and physician practices, both directly and through third-party distributors. With over 6,000 employees and a network of more than 250 service locations, Accendra Health is committed to reimagining home-based care. As of the latest data, the company has a market cap of approximately $107 million, with a revenue of $10.3 billion (2023) and a gross profit margin of 44.8%. Despite recent financial challenges reflected in negative net income and cash flow, the company remains a key player in the medical distribution industry, listed on the New York Stock Exchange. The leadership team, under President and CEO Edward A. Pesicka, continues to drive innovation and expansion in healthcare delivery beyond the hospital setting.
