CareFusion Gets Bought for Huge Sum | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

CareFusion Gets Bought for Huge Sum

October 6, 2014
by Gabriel Perna
| Reprints

San Diego-based CareFusion, which is a top revenue earning company in medical device hardware and health IT software products, was bought by Becton, Dickinson and Company (BD) for $12.2 billion this weekend.

The purchase combines two of the biggest medical devices companies in the country. The Franklin Lakes, N.J.-based BD will acquire for $58.00 per share in cash and stock, which totals $12.2 billion. In fiscal 2014, CareFusion earned $3.84 billion in revenue.

The two companies have a long-term integration plan in place. According to the press release announcing the merger, CareFusion will operate as part of BD’s medical segment, and BD is committed to maintaining an active presence in San Diego where CareFusion is headquartered. In terms of integration of product lines, BD says the two companies have overlap in medication management and smart devices. There are also overlaps in monitoring devices.

CareFusion has analytics and surveillance software that allows patients to measure metrics. It is unclear how those departments will integrate into BD. In an interview with The Wall St. Journal, the CEO of BD, Vincent A. Forlenza, said that CareFusion's software products were one of the biggest reasons they were interested in acquiring the San Diego-based company.

Read the source article at News Releases

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More



KLAS Research: Small Hospitals’ Buying Decisions Impacting EMR Market Share

A new KLAS Research report tracks shifts in electronic medical record (EMR) vendor market share among acute care hospitals, and finds that smaller hospitals are seeking technology solutions that meet their needs and limited budgets, and these contracts are making a mark on the EMR market.

Survey: Majority of Providers Predict Success for New Generic Drug Company, Project Rx

Back in January, four health systems, in consultation with the VA, announced a collaboration to develop a new, not-for-profit generic drug company. A survey has found that 90 percent of providers say they would become customers of the new venture.

Personalized Medicine Awareness Low Among U.S. Adults, Survey Finds

Genetics and personalized medicine are not top of mind for the general public in the U.S., according to a recent survey from GenomeWeb and the Personalized Medicine Coalition.

Industry Organizations Praise Senate Passage of VA Mission Act

The U.S. Senate on Wednesday passed, by a vote of 92-5, a major Veterans Affairs (VA) reform bill that includes health IT-related provisions to improve health data exchange between VA healthcare providers and community care providers.

NIH Issues Funding Announcement for All of Us Genomic Research Program

The National Institutes of Health’s (NIH) “All of Us” Research Program has issued a funding announcement for genome centers to generate genotype and whole genome sequence data from participants’ biosamples.

MGMA: Physician Compensation Data Illustrates Nationwide PCP Shortage

Primary care physicians’ compensation rose by more than 10 percent over the past five years, representing an increase which is nearly double that of specialty physicians’ compensation over the same period, according to the Medical Group Management Association (MGMA).