Assisting Healthcare Facility Assessments & Acquisitions

THE SITUATION

Cardinal Health, Inc. is a global company that serves the healthcare industry with products and services that help hospitals, physician offices, and pharmacies reduce costs, improve safety, productivity and profitability, and deliver better care to patients. Cardinal Health develops market-leading technologies, manufactures medical and surgical products, and is one of the largest distributors of pharmaceuticals and medical supplies worldwide.

Initially, CAP Index was hired to conduct a crime risk analysis for each potential real estate purchase that Cardinal Health was investigating, but soon grew to provide healthcare facility assessments and review of potential real estate acquisitions.

“The CAP Index data provides a clear data point to help identify and justify capital security expenditures.” – Greg Halvacs, Chief Security Officer of Cardinal Health

THE INTERVENTION

According to Greg Halvacs, Chief Security Officer of Cardinal Health, the data from CAP Index played a substantial role in evaluating the trends and potential risks of new and existing facilities. CAP Index’s ability to predict crime for a specific area allowed the company to include an often-overlooked factor – the safety of the neighborhood — in the decision of whether or not to acquire a site. After conducting research and gathering the information, the data was used in the development and design of an appropriate security solution. The crime report also indicated which type of crime was most prevalent in the community, and allowed Cardinal Health to train its employees accordingly.

Presented in a clear and concise manner, CAP Index’s data has proven to be widely accepted throughout Cardinal Health as evidence to support financial investments in risk mitigation. As Greg Halvacs puts it, “The CAP Index data provides a clear data point to help identify and justify capital security expenditures.”

THE TRANSFORMATION

Enhancing Strategic Decision-Making and Healthcare Facility Assessments

The integration of CAP Index data into Cardinal Health’s strategic decision-making process has provided additional layers of insight beyond conventional real estate considerations. By factoring in crime risk, Cardinal Health ensures that its investments not only meet operational and financial objectives but also contribute to the safety and well-being of its employees and customers. This comprehensive approach underscores Cardinal Health’s commitment to fostering secure environments across all its facilities.

Commitment to Safety and Community Wellbeing

Cardinal Health’s use of CAP Index data reflects the company’s broader commitment to safety and community well-being. By proactively addressing potential security risks, Cardinal Health not only protects its assets and personnel but also plays a positive role in the communities it serves. This approach aligns with the company’s mission to improve the overall quality of healthcare and to create a safer, more efficient operational landscape.

FUTURE OUTLOOK

As Cardinal Health continues to expand and evolve, the partnership with CAP Index will remain a cornerstone of its real estate and security strategy. The insights provided by CAP Index will help Cardinal Health navigate the complexities of the healthcare industry, ensuring that new acquisitions and existing facilities are secure, productive, and well-integrated into their communities. This forward-thinking strategy positions Cardinal Health as a leader in not only healthcare solutions but also in corporate responsibility and community engagement.

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