Cardinal Health is deepening its specialty care footprint with a $1.9 billion deal to acquire Solaris Health, a urology-focused MSO, from Lee Equity Partners and physician owners. The acquisition, expected to close by year-end, will fold Solaris’ 750+ providers and 250+ locations across 14 states into The Specialty Alliance, boosting Cardinal’s multispecialty platform to about 3,000 providers in 32 states.
CEO Jason Hollar called urology an “attractive specialty” with robust ancillary services, noting that the move accelerates Cardinal’s growth strategy alongside recent acquisitions in oncology, GI, and diabetes. Despite flat Q4 revenue, the company raised its 2026 earnings outlook, betting on long-term gains from its expanding specialty medicine portfolio.