October 09, 2008 | By Gregory S. Davis The pathway to profitability for suppliers may often involve removing the middleman. Medical distributors like Owens & Minor (NYSE:OMI) have become adept at playing that middle role between medical suppliers and healthcare providers. A closer look at Owens & Minor and the volatility measure beta will give investors an idea and a tool that can be used to build a defensive portfolio. (For more information about "beta" check out Beta: Know The Risk.) Medical Supplier Owens & Minor recently announced its receipt of federal regulatory approval to complete its acquisition of The Burrows, a privately held Chicago-based distributor of medical and surgical supplies. Owens & Minor is already one of the country's largest medical and surgical suppliers primarily serving acute-care hospitals. Typical...
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