INDUSTRY: Healthcare
Evaluating Trends and Potential Risks:
Assisting Facility Assessments & Real Estate Acquisitions
Defining the Risks
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.
Application & Results
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.”