CareFusion cares about eliminating human error and infection in hospital settings. The company sells medical equipment -- infusion and respiratory ventilation systems -- and accompanying disposables for infection prevention. Its Pyxis automated medication dispensing units cut down on clinician error when dealing with patients in critical care settings. Its Alaris infusion products include software to reduce IV medication errors. The company also makes AVEA respiratory ventilation devices, SensorMedics pulmonary care products, and V. Mueller surgical instruments. Other products and software help prevent the spread of hospital-acquired infections. Medical equipment maker Becton, Dickinson bought CareFusion in 2015.
Change in Company Type
After being acquired by Becton, Dickinson (BD), CareFusion terminated its listing on the New York Stock Exchange. The $12.2 billion acquisition broadened Becton, Dickinson's business as a provider of medical equipment to hospitals. CareFusion now operates as part of BD's Medical segment.
CareFusion products, which are now included in BD's Medical segment, include the Alaris infusion pumps and IV sets, MaxPlus and MaxZero IV connectors and sets, ChloraPrep products, V. Mueller surgical instruments, and AirLife ventilation and respiratory products.
California-based CareFusion operates in more than 30 countries in North and South America, the Middle East, Europe, Africa, and the Asia/Pacific region. It sells its products in more than 120 countries.
CareFusion is part of BD's Medical segment, which brought in 69% of its $12.5 billion total revenue in fiscal 2016 (ended September).
In early 2015 CareFusion was acquired by fellow medical equipment maker Becton, Dickinson (BD). The move gave CareFusion access to BD's established global distribution system. It also helped BD reach its goal of becoming more customer-focused.
CareFusion's growth has been built upon new product introductions and enhancements, as well as acquisitions. At the same time, the company has tidied up its operations in recent years through cost-reduction and restructuring efforts, shedding a handful of businesses.
Mergers and Acquisitions
In 2015 the company acquired Surgical Site Solutions, expanding its surgical clipper portfolio by adding the ClipVac pre-surgical hair removal system.