Mark Parrish has been named chief executive officer of Cardinal Health’s (Dublin, Ohio) $77-billion Healthcare Supply Chain Services business. Parrish, 51, was previously the group president of the division’s pharmaceutical segment. In his new role, Parrish is responsible for all of Cardinal Health's supply chain units, which include pharmaceuticals, medical equipment, and supplies.
Cardinal Health has reportedly embarked on an ambitious strategy to integrate its supply chain operations and related logistics services to improve the delivery and economics of health care. Healthcare Supply Chain Services is Cardinal Health's largest business, distributing products from 3,000 manufacturers of pharmaceuticals, medical supplies and equipment to pharmacies, hospitals, clinics and lab customers every day. In fiscal 2006, the company reported nearly $70 billion in revenue from pharmaceutical supply chain services and $7.2 billion in revenue from medical supply chain services.
"We have a truly unique opportunity to bring to the industry a systematic approach to the management of pharmaceuticals and supplies," said Parrish. "We have the potential to meaningfully improve economics for our suppliers and customers, while helping them achieve other goals associated with patient and practitioner safety and satisfaction."
Parrish's career in health care spans nearly 25 years. Last month he was elected chairman of the Healthcare Distribution Management Association. Headquartered in Dublin, Ohio, Cardinal Health, Inc. is an $81-billion company employing more than 55,000 people around the world.