Friday, January 31, 2020


OMI Owens & Minor, Inc. gains 25% Jan 31, 2020

Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare services company in the United States, the United Kingdom, Ireland, France, Germany, and other European countries. The company operates through three segments: Domestic, International, and Clinical & Procedural Solutions. It offers supply chain assistance to the providers of healthcare services; and the manufacturers of healthcare products, supplies, and devices. The company's service portfolio consists of procurement, inventory management, delivery, and sourcing of products for the healthcare market. It also provides supplier management, analytics, inventory management, outsourced resource management, clinical supply management, and business process consulting services; warehousing and transportation services, such as storage, controlled-substance handling, cold-chain, emergency and export delivery, and pick and pack services; and other services, including order-to-cash, re-labeling, customer, and returns management services. In addition, the company provides custom procedure trays; and sourcing services comprising manufacturing capacity management, container load optimization, customs compliance assurance, and others. Its portfolio of medical and surgical supplies comprises branded products purchased from manufacturers and proprietary private-label products. The company serves hospitals, integrated healthcare systems, group purchasing organizations, the U.S. federal government, and biotechnology industries, as well as manufacturers of life-science and medical devices and supplies, including pharmaceuticals. It delivers its services through internal fleet, common carrier, or parcel services, as well as cold-chain delivery trucks. Owens & Minor, Inc. was founded in 1882 and is headquartered in Mechanicsville, Virginia.

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