Owens & Minor Inc

NYSE:OMI

Owens & Minor Inc., a stalwart within the healthcare industry, is distinguished by its unwavering commitment to ensuring the seamless flow of medical products. Born in the late 19th century, this company has weathered the evolving landscape of healthcare by steadfastly focusing on distribution and logistics. Its vast network delivers essential medical and surgical products to hospitals, integrated healthcare systems, and group purchasing organizations across the United States and beyond. The company's logistics expertise ensures that healthcare providers receive timely and reliable access to the products they need to save lives and improve patient care, making it a crucial artery in the healthcare supply chain. At the heart of Owens & Minor's financial engine is its ability to leverage economies of scale and a broad portfolio of products and services. The company generates revenue through the sales of medical supplies and devices, complemented by value-added services such as supply chain consulting and inventory management. By optimizing supply chains for its clients, Owens & Minor not only enhances operational efficiency but also creates long-term partnerships that are financially beneficial. Additionally, its Pratteln-based Byram Healthcare division has expanded their business into direct-to-patient distribution channels, focusing on unique needs like home healthcare and diabetes. By continually adapting to the shifting demands of the healthcare industry, Owens & Minor sustains its profitability while fostering innovation and resilience in its operations.