Cardinal Health to buy GI Alliance, diabetes supply company for $3.9B

Cardinal Health has agreed to acquire a majority stake in GI Alliance, a gastroenterology management services organization, and Advanced Diabetes Supply Group for a combined total of $3.9 billion, according to an Nov. 11 news release from the company. 

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GI Alliance, the largest gastroenterology management services organization in the U.S., operates more than 900 physicians across 345 locations in 20 states. 

Cardinal Health also will acquire ADSG, a provider of diabetes supplies directly to patients and integrate it into its at-Home business. ADSG serves about 500,000 patients annually. 

Both acquisitions are part of Cardinal Health’s efforts to accelerate growth in key therapeutic areas with a focus on expanding its specialty and at-home services, the release said. 

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