During Monday’s trade, Shares of Cardinal Health Inc (NYSE:CAH), gained 0.27% to $86.11.
Reimbursement is the biggest problem facing health systems, followed closely by the increasingly high cost of supplies, according to a new, national survey of hospital executives commissioned by Cardinal Health. Financial issues, drug shortages and efficiency of the organization follow as the next major concerns.
The survey, conducted by healthcare data provider SERMO Intelligence, queried 150 hospital decision makers on supply chain issues. Results revealed that the majority of respondents are taking some action to improve their supply chain, agreeing that it will reduce costs. However, few hospital decision makers are confident in their supply chains’ overall effectiveness recently.
Only one-third of hospital decision makers rate the administration of their hospital’s overall supply chain as “very effective,” according to the survey.2 Yet, two-thirds “strongly agree” that improving the effectiveness of their supply chain will reduce overall costs, improvement revenue and lead to better quality of care.3,4,5 In fact, 85 percent of respondents surveyed said their health systems are presently working to identify or implement new ways to reduce supply chain waste and related costs.
Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, counting chain and independent drug stores and pharmacy departments of supermarkets and mass merchandisers; hospitals; and other healthcare providers.
Shares of Computer Sciences Corporation (NYSE:CSC), inclined 0.67% to $29.99, during its current trading session.
Ahead of what is predictable to be a watershed year in information technology, CSC (CSC) recently released its top five enterprise IT trends for 2016.
The trends recognize the enormous potential that comes with digitization – and the fact that corporate leaders have noteworthy opportunities to deploy next-generation technology across the enterprise to drive change, growth and value for all stakeholders.
“From the boardroom to the C-suite, there’s greater recognition that plannedally investing in innovation and transforming IT can improve customer experiences, heighten productivity and efficiency, safeguard infrastructure and brand, and ensure a competitive edge,” said Dan Hushon, CSC’s chief technology officer. “There is a dramatic shift in the way organizations are using digital platforms to do business, and CSC is excited to assist our clients succeed on their digital transformation journey.”
Computer Sciences Corporation provides information technology (IT) and professional services and solutions primarily in North America, Europe, Asia, and Australia. The company operates through Global Business Services, Global Infrastructure Services, and North American Public Sector segments.
Finally, Rack space Hosting, Inc. (NYSE:RAX), lost -1.63%, and is now trading at $25.11.
Rack space, declared that technology industry veteran and proven sales leader Alex Pinchev has joined the company as executive vice president and president of global sales and marketing. Effective January 1, Pinchev will oversee Rackspace’s sales and marketing organizations and drive company growth as the leader in managed cloud services.
Pinchev brings more than 30 years of technology industry experience to Rackspace. From 2003 to 2012, he led sales, services and marketing at Red Hat, and assisted improvement the company’s revenue tenfold to more than $1 billion. While at Red Hat, Pinchev built key relationships with many Fortune 1000 companies and launched a global partner network with major original equipment manufacturers, value added resellers, independent software vendors and system integrators.
After leaving Red Hat, Pinchev served as president and CEO of Acronis, a leader in data protection and disaster recovery software. He was most recently CEO of Capri Ventures, which assists technology start-ups develop go-to-market strategies, sales scalability and business modeling to accelerate growth.
Rack space Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.