The answer to this question is complicated, as Cardinal Health is technically owned by CVS Health. However, the two companies are actually separate legal entities.
This means that while Cardinal Health is technically CVS Health’s subsidiary, the two companies are actually quite separate in terms of their operations. In other words, Cardinal Health is not responsible for the day-to-day operations of CVS Health, and the two companies do not share any common shareholders.
Despite their separate legal entities, the two companies have been working together more and more closely in recent years. This is likely due to the fact that both companies are focused on providing health care services to consumers.
In addition, Cardinal Health is a critical part of CVS Health’s prescription drug business.
As a result of all of this cooperation, it’s difficult to say definitively whether Cardinal Health is actually owned by CVS Health. However, it’s safe to say that the two companies are closely linked and that CVS Health is a key part of Cardinal Health’s operations.