Operating income within International Healthcare Solutions decreased 12.6 percent to $163.1 million in the fourth quarter of fiscal 2022. December 22, 2022, The Center for Biosimilars, Brian Biehn Months Ended bmurphy@amerisourcebergen.com. Attributable to AmerisourceBergen is now updating its fiscal year 2022 financial guidance to reflect the stronger than expected performance of several of its businesses. Moon Phase Calendar - Calculate moon phases for any year. September 30, 2022, Three Fourth Choose your province or territory Most viewed holidays today: The Advanced Pharmacy Practice Experience Pharmacy Distribution Leadership Rotation course exposes students to the interconnectivity between pharmaceutical supply chain stakeholders such as distributors, manufacturers, and providers, and gives students an understanding of its essential role in the delivery of patient care. 1 Includes tax expense relating to Swiss tax reform and a gain on the currency remeasurement of the related deferred tax assets, which is recorded within Other (Income) Loss, Net. HOLIDAY DAY DATE OVERNIGHT SAMEDAY SCHEDULED Memorial Day Monday 5/31 Closed Open Closed Independence Day . Adjusted diluted EPS guidance has been raised from the previous range of $10.60 to $10.90 to a range of $10.80 to $11.05. Labor Day . These amounts are calculated by translating current period results at the foreign currency exchange rates used in the comparable period in the prior year. Operator: Good morning or good afternoon all. X. At AmerisourceBergen Corporation, we promise to treat your data with respect and will not share your information with any third party. United by our purpose, our team members have positioned us well to execute on our long-term strategic vision of expanding our leadership in distribution while continuing to grow our higher-margin and higher-growth businesses, Mr. Collis continued. Includes a $17.1 million legal accrual related to opioid litigation settlements, $56.9 million of legal fees in connection with opioid lawsuits and investigations, and $74.5 million of other costs in connection with acquisition-related deal and integration costs, business transformation efforts, and other restructuring initiatives in the six months ended March 31, 2021. The non-GAAP financial measures should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. Yes had holidays closures we always had nurses on call for a holidays Related questions: 11/19/2001. Sunday, Dec 18, 2022. The independent pharmacy event of the year is coming back to Orlando. Adjusted diluted EPS guidance has been raised from the previous range of $10.50 to $10.80 to a range of $10.60 to $10.90. Johnson & Johnson Finalizes $26 Billion Opioid Settlement . 6:30pm Closing night party. Published: Mar. 2 Includes tax expense relating to Swiss tax reform and a loss on the currency remeasurement of the related deferred tax assets, which is recorded within Other (Income) Loss, Net. Adjusted diluted EPS guidance has been raised from the previous range of $10.60 to $10.90 to a range of $10.80 to $11.05. Therefore, the Company believes that the presentation of non-GAAP financial measures provides useful supplementary information to, and facilitates additional analysis by, investors. Six 26 questions about Benefits at AmerisourceBergen. ET on November 3, 2022. Additionally, on May 2, 2022, the Company and the two other national pharmaceutical distributors reached an agreement to pay up to $518 million in a settlement with the State of Washington and participating subdivisions to resolve opioid-related claims, consistent with Washingtons allocations under the comprehensive settlement agreement, as well as certain attorneys fees and costs. We deliver distribution, technology and innovation for veterinarians, livestock producers and manufacturers to make a meaningful difference in their businesses and the health of animals. Asked May 1, 2018. 1 Represents discrete tax benefits primarily attributable to the income tax deductions resulting from the permanent shutdown of the PharMEDium business. Growth rates are on an as reported basis unless constant currency basis is indicated. This new wholesale marketplace enables pharmacies to purchase everything from food to health and wellness items to electronic accessories, giving sellers a powerful way to get their products into local communities. My name is Rajam, and Ill be your operator today. Interests, Gains from antitrust litigation settlements, Acquisition-related intangibles amortization, Employee severance, litigation, and other, Adjusted Non-GAAP % change vs. prior year. The Company is organized geographically based upon the products and services it provides to its customers. Visit india.gov.in for the original release. 9:00am 11:00am General session From outside the U.S. and Canada, dial +44 (204) 525-0658. Months Ended Scroll down to view the national list or choose your state's calendar. 1 Includes a $67.2 million LIFO expense, Turkey foreign exchange remeasurement expense of $40.0 million, and a $1.8 million gain from antitrust litigation settlements in the fiscal year ended September 30, 2022. After submitting your request, you will receive an activation email to the requested email address. Fiscal Year 2022 GAAP Diluted EPS of $8.04 and Adjusted Diluted EPS of $11.03. BILL PETERS. These supplemental measures may vary from, and may not be comparable to, similarly titled measures by other companies. Fiscal Year Ended Employee Comments Showing 1-10 of 11 Sep 21, 2022 3.0 Current IT Manager in nullnull We will resume normal operations on Monday, February 7, 2022 . Adjusted operating income growth to be in the range of 0 to 3 percent; On a constant currency basis, adjusted operating income growth to be in the range of 3 to 6 percent; Excluding contributions related to COVID-19, adjusted operating income growth to be in the range of 3 to 5 percent; On a constant currency basis, excluding contributions related to COVID-19, adjusted operating income growth to be in the range of 6 to 8 percent; U.S. Healthcare Solutions segment operating income growth to be in the range of 2 to 4 percent; Excluding contributions related to COVID-19, U.S. Healthcare Solutions segment operating income growth to be in the range of 5 to 7 percent; International Healthcare Solutions segment operating income decline to be in the range of 3 to 7 percent; On a constant currency basis, International Healthcare Solutions segment operating income growth to be in range of 5 to 9 percent; Excluding contributions related to COVID-19, International Healthcare Solutions segment operating income decline to be in the range of 1 to 5 percent; On a constant currency basis excluding contributions related to COVID-19, International Healthcare Solutions segment operating income growth to be in the range of 7 to 11 percent; Excluding the impact of acquisitions and divestitures, International Healthcare Solutions segment operating income decline to be in the range of 7 to 11 percent; Adjusted effective tax rate to be approximately 20 percent to 21 percent; Adjusted free cash flow to be approximately $2 billion; Capital expenditures in the $500 million range; and. 3 Includes $2.7 million and $21.4 million of losses on the currency remeasurement of deferred tax assets relating to Swiss tax reform in the three months ended March 31, 2022 and 2021, respectively. 9:00am 3:00pm Exhibit hall & marketing lab Conshohocken, Pa. - AmerisourceBergen, a global healthcare company, has been named one of "America's Most Responsible Companies" by Newsweek magazine. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share (EPS) was $1.40 for the September quarter of fiscal 2022, compared to $2.08 in the prior year quarter. Weighted average diluted shares are expected to be approximately 207 to 209 million for the fiscal year. These dates may be modified as official changes are announced, so please check back regularly for updates. International Healthcare Solutions consists of Alliance Healthcare, World Courier, Innomar, Profarma, and Profarma Specialty (until it was divested in June 2022). Replays of the call will be made available via telephone and webcast. Noncontrolling Thanksgiving Day. Adjusted diluted EPS, which is a non-GAAP measure that excludes items described below, increased 8.8 percent to $2.60 in the fiscal fourth quarter. AmerisourceBergen Corporation (NYSE: ABC) today reported that in its fiscal year 2022 second quarter ended March 31, 2022, revenue increased 17.4 percent year-over-year to $57.7 billion. A replay of the webcast will be posted on investor.amerisourcebergen.com approximately one hour after the completion of the call and will remain available for one year. Jul 2022 - Oct 2022 4 months. University Holiday Schedule for 2021-2022 Independence Day (observed): Monday, July 5, 2021 Labor Day: Monday, September 6, 2021 Thanksgiving: Thursday, November 25, 2021 Friday after Thanksgiving: Friday, November 26, 2021 Christmas Eve: Friday, December 24, 2021 Christmas Day (observed): Monday, December 27, 2021 List of Holidays in Zurich in 2022. For the six months ended March 31, 2022 adjusted free cash flow of $951.0 million consisted of net cash provided by operating activities of $1,130.0 million minus capital expenditures of $209.3 million, plus legal settlement payments of $32.2 million, less favorable legal settlements of $1.8 million. bmurphy@amerisourcebergen.com. AmerisourceBergen is ranked #8 on the Fortune 500 with more than $200 billion in annual revenue. 3 Includes a $56.2 million gain on the sale of non-core businesses, a $14.4 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform, Turkey foreign exchange remeasurement expense of $11.9 million, and a $4.8 million gain on the remeasurement of an equity investment in the fiscal year ended September 30, 2022. AmerisourceBergen management will be attending the following investor events in the coming months: AmerisourceBergen fosters a positive impact on the health of people and communities around the world by advancing the development and delivery of pharmaceuticals and healthcare products. Certain additional factors that management believes could cause actual outcomes and results to differ materially from those described in forward-looking statements are set forth (i) in Item 1A (Risk Factors), in the Companys Annual Report on Form 10-K for the fiscal year ended September 30, 2021 and elsewhere in that report and (ii) in other reports filed by the Company pursuant to the Securities Exchange Act. December 19, 2022, Fierce Pharma, Alex Kilgore and Micaela Brandau Adjusted operating income increased 19.5 percent to $3.2 billion due to the increase in gross profit associated with the June 2021 acquisition of Alliance Healthcare, increased sales to specialty physician practices, and fees earned from the distribution of government-owned COVID-19 treatments. Editorial Calendar; Events Calendar . Youth 5 and under FREE Adjusted Diluted Earnings Per Share to be in the range of $10.80 to $11.05, raised from the previous range of $10.60 to $10.90. See the full list of upcoming McKesson events - including medical conferences & seminars, clinical meetings, healthcare trade shows, and job fairs. From outside the United States and Canada, dial +1 (929) 526-1599. October. Thanksgiving Friday. 2 The following represents a reconciliation of cash and cash equivalents in the Condensed Consolidated Balance Sheets to cash, cash equivalents, and restricted cash used in the Condensed Consolidated Statements of Cash Flows: September 30, Learn more at investor.amerisourcebergen.com. Users are encouraged to log on to the webcast approximately 10 minutes in advance of the scheduled start time of the call. June. Welcome to the AmerisourceBergen Corporation Fiscal 2022 Second Quarter Earnings Call. Customer Service Representative salaries ($25k), Customer Care Representative salaries ($27k). AmerisourceBergen convened healthcare industry executives, community oncology providers, and other patient-care advocates for its first-ever Disparities in Cancer Care Summit. Learn more The Companys previously reported segment results have been revised to conform to its re-aligned reporting structure. The Company does not provide forward looking guidance on a GAAP basis for such metrics because certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. Healthier futures start with the health of our people and planet, which is why we are committed to building partnerships and operations that benefit society and the environment. Early bird 5-night package $3,045.00, Standard pricing (after September 30, 2021) The guidance for each metric excludes the same or similar items as those that are excluded from the historical non-GAAP financial measures, as well as significant items that are outside the control of the Company or inherently unusual, non-operating, unpredictable, non-recurring or non-cash in nature. Chew gum. Glassdoor is your resource for information about the Paid Holidays benefits at AmerisourceBergen. 2022 Holiday Schedule . Juneteenth is observed on June 19 each year commemorating the emancipation of the enslaved African Americans back in 1865. This page contains a calendar of all 2022 public holidays for Zrich. U.S. Healthcare Solutions revenue was $50.9 billion in the second quarter of fiscal 2022, an increase of 5.8 percent compared to the same quarter in the prior fiscal year primarily due to overall market growth and increased sales to specialty physician practices, partially offset by a decline in sales of commercial COVID-19 treatments. You can sign up for additional alert options at any time. Canada Public Holidays 2022 This page contains a national calendar of all 2022 public holidays for Canada. At AmerisourceBergen Corporation, we promise to treat your data with respect and will not share your information with any third party. Operating income increased 0.5 percent due to higher gross profit, which was largely offset by higher operating expenses. Net Income GFL HOLIDAY SCHEDULE 2022. The access code for the call will be 562752. In fiscal year 2022, adjusted diluted EPS was $11.03 compared to $9.26 in the prior fiscal year. Youth 6-17 $275.00, 1. Comprehensive list of National and Regional Public Holidays that are celebrated in Zurich, Switzerland during 2022 with dates and information on the origin and meaning of holidays. Includes a $17.1 million legal accrual related to opioid litigation settlements, $24.9 million of legal fees in connection with opioid lawsuits and investigations, and $36.2 million of other costs in connection with acquisition-related deal and integration costs, business transformation efforts, and other restructuring initiatives in the three months ended March 31, 2021. 04 Mon. Federal officials . CASH. In the first quarter of fiscal 2022, the Company re-aligned its reporting structure under two reportable segments: U.S. Healthcare Solutions and International Healthcare Solutions. It does NOT include hotel accommodations. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by the federal securities laws. Full List of U.S Federal Holidays in 2022 Below are the observed dates for the U.S. federal holidays for 2022, listed in chronological order. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in shares of AmerisourceBergen Co. (NYSE:ABC - Get Rating) by 15.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).The fund owned 98,099 shares of the company's stock after buying an additional 12,891 shares during the period. Includes a $64.7 million gain on the remeasurement of an equity investment, a $14.0 million impairment of a non-customer note receivable, and a $2.3 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform in the three months ended September 30, 2021. The access code for the replay is 796214. Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures: Net cash provided by operating activities, Cost of acquired companies, net of cash acquired, Net cash (used in) provided by financing activities, Effect of exchange rate changes on cash, cash equivalents, and restricted cash, Increase (decrease) in cash, cash equivalents, and restricted cash, including cash classified within assets held for sale, Less: Increase in cash classified within assets held for sale, Increase (decrease) in cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash at beginning of year 2, Cash, cash equivalents, and restricted cash at end of year 2. The non-GAAP financial measures are presented because management uses non-GAAP financial measures to evaluate the Companys operating performance, to perform financial planning, and to determine incentive compensation. Summary Fiscal Year Adjusted (non-GAAP) Results. President's Day Feb 20, is in 51 days. 7/3: Open ; Open : Open . By providing your email address below, you are providing consent to AmerisourceBergen Corporation to send you the requested investor email alerts updates. 01 Sat. AmerisourceBergen's Cautionary Note Regarding Forward-Looking Statements, "Certain of the statements contained in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Securities Exchange Act"). CLOSED1 DAY DELAY ALL WEEK. The access code for the replay is 796214. WASHINGTON (Reuters) -The U.S. government on Thursday filed a lawsuit accusing AmerisourceBergen Corp, one of the nation's largest drug distributors, of helping ignite the nation's deadly opioid epidemic by failing to report hundreds of thousands of suspicious orders of prescription painkillers. GAAP TO NON-GAAP RECONCILIATIONS The Dividend History page provides a single page to review all of the aggregated Dividend payment information. U.S. Healthcare Solutions revenue was $54.8 billion, an increase of 4.7 percent compared to the same quarter in the prior fiscal year primarily due to overall market growth and increased sales to specialty physician practices, and was partially offset by a decline in sales of commercial COVID-19 treatments. AmerisourceBergen has made exceptional progress on our strategic priorities, further enhancing our differentiated value proposition and driving consistent outperformance throughout the year as we. 1 The following represents a reconciliation of cash and cash equivalents in the Condensed Consolidated Balance Sheets to cash, cash equivalents, and restricted cash used in the Condensed Consolidated Statements of Cash Flows: Restricted cash (included in Prepaid Expenses and Other), Restricted cash (included in Other Long-Term Assets), Cash, cash equivalents, and restricted cash, SUPPLEMENTAL INFORMATION REGARDING Among the factors that could cause actual results to differ materially from those projected, anticipated, or implied are the following: the effect of and uncertainties related to the ongoing COVID-19 pandemic (including any government responses thereto) and any continued recovery from the impact of the COVID-19 pandemic; our ability to achieve and maintain profitability in the future; our ability to respond to general economic conditions, including elevated levels of inflation; our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; the impact on our business of the regulatory environment and complexities with compliance; unfavorable trends in brand and generic pharmaceutical pricing, including in rate or frequency of price inflation or deflation; competition and industry consolidation of both customers and suppliers resulting in increasing pressure to reduce prices for our products and services; changes in the United States healthcare and regulatory environment, including changes that could impact prescription drug reimbursement under Medicare and Medicaid and declining reimbursement rates for pharmaceuticals; increasing governmental regulations regarding the pharmaceutical supply channel; continued federal and state government enforcement initiatives to detect and prevent suspicious orders of controlled substances and the diversion of controlled substances; continued prosecution or suit by federal and state governmental entities and other parties (including third-party payors, hospitals, hospital groups and individuals) of alleged violations of laws and regulations regarding controlled substances, and any related disputes, including shareholder derivative lawsuits; increased federal scrutiny and litigation, including qui tam litigation, for alleged violations of laws and regulations governing the marketing, sale, purchase and/or dispensing of pharmaceutical products or services, and associated reserves and costs; failure to comply with the Corporate Integrity Agreement; the outcome of any legal or governmental proceedings that may be instituted against us, including material adverse resolution of pending legal proceedings; the retention of key customer or supplier relationships under less favorable economics or the adverse resolution of any contract or other dispute with customers or suppliers; changes to customer or supplier payment terms, including as a result of the COVID-19 impact on such payment terms; the possibility that various conditions to the consummation of the acquisition of PharmaLex may not be satisfied or that their satisfaction may be delayed; uncertainties as to the timing of the consummation of the acquisition of PharmaLex; unexpected costs, charges or expenses resulting from the acquisition of PharmaLex; the integration of the Alliance Healthcare and PharmaLex businesses into the Company being more difficult, time consuming or costly than expected; the Companys, Alliance Healthcares or PharmaLexs failure to achieve expected or targeted future financial and operating performance and results; the effects of disruption from the acquisition and related strategic transactions on the respective businesses of the Company, Alliance Healthcare and PharmaLex, and the fact that the acquisition and related strategic transactions may make it more difficult to establish or maintain relationships with employees, suppliers and other business partners; the acquisition of businesses, including the acquisition of the Alliance Healthcare and PharmaLex businesses and related strategic transactions, that do not perform as expected, or that are difficult to integrate or control, or the inability to capture all of the anticipated synergies related thereto or to capture the anticipated synergies within the expected time period; risks associated with the strategic, long-term relationship between Walgreens Boots Alliance, Inc. and the Company, including with respect to the pharmaceutical distribution agreement and/or the global generic purchasing services arrangement; managing foreign expansion, including noncompliance with the U.S. Foreign Corrupt Practices Act, anti-bribery laws, economic sanctions and import laws and regulations; our ability to respond to financial market volatility and disruption; changes in tax laws or legislative initiatives that could adversely affect the Companys tax positions and/or the Companys tax liabilities or adverse resolution of challenges to the Companys tax positions; loss, bankruptcy or insolvency of a major supplier, or substantial defaults in payment, material reduction in purchases by or the loss, bankruptcy or insolvency of a major customer, including as a result of COVID-19; financial market volatility and disruption; financial and other impacts of COVID-19 on our operations or business continuity; changes to the customer or supplier mix; malfunction, failure or breach of sophisticated information systems to operate as designed; risks generally associated with cybersecurity; risks generally associated with data privacy regulation and the international transfer of personal data; financial and other impacts of macroeconomic and geopolitical trends and events, including the unfolding situation in Russia and Ukraine and its regional and global ramifications; natural disasters or other unexpected events, such as additional pandemics, that affect the Companys operations; the impairment of goodwill or other intangible assets (including any additional impairments with respect to foreign operations), resulting in a charge to earnings; the Companys ability to manage and complete divestitures; the disruption of the Companys cash flow and ability to return value to its stockholders in accordance with its past practices; interest rate and foreign currency exchange rate fluctuations; declining economic conditions and increases in inflation in the United States and abroad; and other economic, business, competitive, legal, tax, regulatory and/or operational factors affecting the Companys business generally. Changes in operating assets and liabilities, excluding the effects of acquisitions: Net cash provided by operating activities, Cost of acquired companies, net of cash acquired, Net cash (used in) provided by financing activities, Effect of exchange rate changes on cash, cash equivalents, and restricted cash, Increase in cash, cash equivalents, and restricted cash, including cash classified within assets held for sale, Less: Increase in cash classified within assets held for sale, Increase in cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash at beginning of period 1, Cash, cash equivalents, and restricted cash at end of period 1. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Our aim is to create a positive work environment where everyone can thrive and find opportunities to grow, learn, and pursue their passions while contributing to our purpose to create healthier futures. 2 Includes $6.3 million of employee severance, $29.8 million legal accrual related to opioid litigation settlements, $22.3 million of legal fees in connection with opioid lawsuits and investigations, and $18.0 million of other costs in connection with acquisition-related deal and integration costs, business transformation efforts, and other restructuring initiatives in the three months ended March 31, 2022. Investor Day AmerisourceBergen will also host an Investor Day on Wednesday, June 1, 2022, in New York City. 2 Includes $127.6 million of expense relating to UK tax reform, $73.8 million of expense relating to Swiss tax reform, and a $3.4 million loss on the currency remeasurement of the related deferred tax assets, the latter of which is recorded within Other Income, Net. We apologize for any inconvenience and wish you a happy new year. 2 The sum of the components does not equal the total due to rounding. AmerisourceBergen Corporation is an American drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. AmerisourceBergen Corporation (ABC), one of the nation's largest wholesale drug companies, and its subsidiaries AmerisourceBergen Specialty Group (ABSG), AmerisourceBergen Drug Corporation (ABDC), Oncology Supply Company (OSC), and Medical Initiatives, Inc. (MII) (collectively, "ABC" or "the Company"), entered into a settlement with the United States in which it agreed to pay $625 . 8:00am 5:00pm Continuing education sessions, Thursday, July 21 In the first quarter of fiscal 2022, the Company re-aligned its reporting structure under two reportable segments: U.S. Healthcare Solutions and International Healthcare Solutions. Juneteenth (day off) July. These dates may be modified as official changes are announced, so please check back regularly for updates. From outside the United States and Canada, dial +44 (204) 525-0658. Some of our programs include: paid time off, including vacations, holidays and volunteer time; medical, dental, vision . (in thousands, except per share data) Health Economics, Market Access & Regulatory Consulting, Patient Access, Affordability & Adherence Services, Global Storage, Transport & Outsourced Logistics. Coordination of stock transfers in conjunction with Procurement; Quarantining of product as required; Coordination and management of cycle counts and physical inventories for both These amounts are calculated by translating current period GAAP results at the foreign currency exchange rates used in the comparable period in the prior year. In February 2022, AmerisourceBergen reached a national settlement with state and local governments, agreeing to pay $6.1 billion to resolve a tsunami of opioid-related lawsuits. At AmerisourceBergen and through our family of companies, we ensure that crucial medications efficiently, reliably and securely reach their destinations every day. @ amerisourcebergen.com DATE OVERNIGHT SAMEDAY SCHEDULED Memorial Day Monday 5/31 Closed Open Closed Independence Day email address to... Time of the call state & # x27 ; s Day Feb 20 is... And volunteer time ; medical, dental, vision 2022 this page contains a calendar all. 5/31 Closed Open Closed Independence Day, holidays and volunteer time ; medical, dental, vision list! Billion Opioid Settlement Company is organized geographically based upon the products and services it provides to its customers to.! Their destinations every Day state & # x27 ; s Day Feb 20, is in 51.... 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