The Companys previously reported segment results have been revised to conform to its re-aligned reporting structure. Our 42,000 global team members power our purpose: We are united in our responsibility to create healthier futures. These dates may be modified as official changes are announced, so please check back regularly for updates. 2022 HOLIDAY SCHEDULE Holiday Day Observed Date Observed New Year's Day Friday December 31, 2021 Martin Luther King, Jr. Day Monday January 17, 2022 Memorial Day Monday May 30, 2022 Independence Day Monday July 4, 2022 Labor Day Monday September 5, 2022 Veteran's Day Friday November 11, 2022 Thanksgiving Day Thursday November 24, 2022 AmerisourceBergen Corp. Calendar Event Estimate Info Date; Earnings Report: 3.278 USD : * For information regarding Mandatory Leave (ML) days policy for legacy UMDNJ Staff and guidelines for legacy UMDNJ Faculty Positions, please click here. Revenue in International Healthcare Solutions was $6.8 billion in the second quarter of fiscal 2022, an increase from the previous fiscal years second quarter of 585.3 percent, primarily due to the June 2021 acquisition of Alliance Healthcare. The Washington settlement agreement brings the number of States with whom the Company has recently settled opioid-related claims to 47 of 49 eligible states. 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. 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. CLOSED1 DAY DELAY ALL WEEK. AmerisourceBergen Paid Holidays 56 employees reported this benefit 3.2 11 Ratings Available to US-based employees Change location Employer Verified Jun 17, 2019 Employer Summary AmerisourceBergen offers paid holidays for employees. Glassdoor is your resource for information about the Paid Holidays benefits at AmerisourceBergen. Sunday, Dec 18, 2022. Mandatory Floating Holiday/Mandatory Leave. The period over period declines were due to the negative impact of foreign currency translation resulting from our Alliance Healthcare business. What benefits does AmerisourceBergen offer? 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. 1. In the tables that follow, GAAP results and GAAP to non-GAAP reconciliations are presented. After submitting your request, you will receive an activation email to the requested email address. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. Package At Stock Options Channel, our YieldBoost. Fiscal Year 2022 GAAP Diluted EPS of $8.04 and Adjusted Diluted EPS of $11.03. 41 overall on the 2022 list and sixth in the Health Care & Life Sciences Category. India Public Holidays 2022. CONDENSED CONSOLIDATED BALANCE SHEETS March 31, 2022, Six The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by the federal securities laws. The access code for the call will be 053465. AMERISOURCEBERGEN CORPORATION Includes a $203.0 million LIFO credit and $168.8 million of gains from antitrust litigation settlements in the fiscal year ended September 30, 2021. Some of our programs include: paid time off, including vacations, holidays and volunteer time; medical, dental, vision . 2022 Holiday Schedule . The presented non-GAAP financial measures exclude items that management does not believe reflect the Companys core operating performance because such items are outside the control of the Company or are inherently unusual, non-operating, unpredictable, non-recurring, or non-cash. Thursday, November 24, 2022. Adjusted Non-GAAP % change vs. prior year. As a leading global healthcare company, with a foundation in pharmaceutical distribution and solutions for manufacturers, pharmacies and providers, we create unparalleled access, efficiency and reliability for human and animal health. Share. The Company's Board of Directors declared a quarterly cash dividend of $0.46 per common share, payable May 31, 2022, to stockholders of record at the close of business on May 16, 2022. Visit our . 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 Prior to this, he served as the Company's Executive Vice President and Group President. AmerisourceBergen is updating its outlook for fiscal year 2022. As a leading global healthcare company, with a foundation in pharmaceutical distribution and solutions for manufacturers, pharmacies and providers, we create unparalleled access, efficiency and reliability for human and animal health. 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. Steven H. Collis, Chairman, President & Chief Executive Officer, James F. Cleary, Executive Vice President & Chief Financial Officer. 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, International Healthcare Solutions consists of Alliance Healthcare, World Courier, Innomar, Profarma, and Profarma Specialty. Scroll down to view the national list or choose your state's calendar. Personnel required for emergency, security and special . The telephone replay will also be available approximately one hour after the completion of the call and will remain available for seven days. 6:30pm Closing night party. AmerisourceBergen offers paid holidays for employees. INDEPENDENCE DAY - MONDAY JULY 4,2022 -. AmerisourceBergen Corporation is an American drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. Bennett S. Murphy Monday, January 31 - Friday, February 4, 2022. In fiscal year 2022, GAAP diluted EPS was $8.04 compared to $7.39 in the prior fiscal year. Operating expenses increased 29.2 percent primarily due to an increase in expenses as a result of the June 2021 acquisition of Alliance Healthcare. AmerisourceBergens Cautionary Note Regarding Forward-Looking Statements. President Joe Biden signed the Juneteenth National Independence Day Act into law on June 17, 2021. The access code for the call will be 562752. 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. Juneteenth is observed on June 19 each year commemorating the emancipation of the enslaved African Americans back in 1865. 9:00am 11:00am General session Please refer to the Supplemental Information Regarding Non-GAAP Financial Measures following the tables for additional information. (in thousands) AmerisourceBergen announced the establishment of AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally. 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. Holiday Schedule. September 30, 2021, Net loss (income) attributable to noncontrolling interests. I will now hand over to your host, Bennett Murphy, Head of Investor Relations to begin. 2022, September 30, 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. 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. May. 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"). MEMORIAL DAY - MONDAY MAY 30, 2022 -. At AmerisourceBergen and through our family of companies, we ensure that crucial medications efficiently, reliably and securely reach their destinations every day. Revenue of $238.6 Billion for Fiscal Year 2022, an 11.5 Percent Year-Over-Year Increase The Company does not provide forward-looking guidance on a GAAP basis, as discussed below in Fiscal Year 2022 Expectations. Youth 5 and under FREE Attributable to Senior Vice President, Investor Relations If the compress becomes soiled because of ear drainage, replace it with a fresh one. Gross profit increased 19.5 percent to $8.3 billion primarily due to increases in gross profit within International Healthcare Solutions, including the full year impact of the June 2021 Alliance Healthcare acquisition, and within U.S. Healthcare Solutions, partially offset by a LIFO expense in the current year versus a credit in the previous fiscal year and less favorable gains from antitrust litigation settlements. Scroll down to view the national list or choose your province's calendar. Weighted average common shares outstanding: 1 Includes a $104.8 million LIFO expense and Turkey foreign exchange remeasurement expense of $12.4 million in the three months ended September 30, 2022. 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. AmerisourceBergen is now updating its fiscal year 2022 financial guidance to reflect the stronger than expected performance of several of its businesses. ASD Healthcare is a specialty healthcare distribution company that serves 95 percent of hospitals and 80 percent of retail pharmacies in the United States, as well as hemophilia centers, home healthcare companies, specialty pharmacies, physicians, dialysis centers, family planning clinics and other providers. (unaudited), Three AmerisourceBergen signed the United Nations Womens Empowerment Principles, publicly and firmly committing to taking the necessary steps to advance gender equality and empower women in places of work and in communities around the world. Compensated to do so, but difficult for a life outside of work, We are proud to share our 2021 Global #Sustainability Report and #ESG Reporting Index. If you experience any issues with this process, please contact us for further assistance. U.S. Healthcare Solutions consists of the legacy Pharmaceutical Distribution Services reportable segment (excluding Profarma), MWI Animal Health, Xcenda, Lash Group, and ICS 3PL. Steven H. Collis, Chairman, President & Chief Executive Officer, James F. Cleary, Executive Vice President & Chief Financial Officer. Dec 30, 2021 10:53AM EST I nvestors in AmerisourceBergen Corp. (Symbol: ABC) saw new options begin trading today, for the February 2022 expiration. Choose your province or territory Most viewed holidays today: You must click the activation link in order to complete your subscription. Learn about AmerisourceBergen Paid Holidays, including a description from the employer, and comments and ratings provided anonymously by current and former AmerisourceBergen employees. AmerisourceBergen Corp. employee benefits and perks data. 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. 4 Includes $127.6 million of expense relating to UK tax reform, $73.8 million of expense relating to Swiss tax reform, and a $20.4 million adjustment of discrete tax benefits primarily attributable to the income tax deductions resulting from the permanent shutdown of the PharMEDium business in the fiscal year ended September 30, 2021. Months Ended (unaudited), Adjustments to reconcile net income to net cash provided by operating activities. Early bird 4-night package $2,432.00 Thursday, December 29, 2022. International Healthcare Solutions consists of Alliance Healthcare, World Courier, Innomar, Profarma, and Profarma Specialty (until it was divested in June 2022). ET on November 3, 2022. 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. AmerisourceBergen announced the launch of a supply chain elective course at Xavier University of Louisianas College of Pharmacy, a top-ranked historically Black university. Operator: Good morning or good afternoon all. To be eligible for holiday pay, employee must be in pay status on the normal workday immediately preceding and the normal workday immediately following the day and date on which the holiday is observed. The Company is organized geographically based upon the products and services it provides to its customers. "As we move into the second half of our fiscal year with significant momentum, we remain focused on execution and continuing to help our partners navigate the complex and evolving healthcare landscape. AB Health Ventures initially launched with $150 million allocated for investment in early-to mid-stage health-related startups around the world. This allocation effort is a part of the Federal Retail Pharmacy Program for COVID-19 Vaccination, a collaboration between the Federal Government, U.S. states and territories, and 21 national pharmacy partners, which includes Good Neighbor Pharmacy. During the event, attendees discussed pressing issues related to health equity in cancer care. The Company now expects: All other previously communicated aspects of the Company's fiscal year 2022 financial guidance and assumptions remain the same. Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. We have included the following non-GAAP earnings-related financial measures in this release: The company also presents certain information related to current period operating results in constant currency, which is a non-GAAP financial measure. 610-727-3693 You can sign up for additional alert options at any time. From outside the United States and Canada, dial +44 (204) 525-0658. 2 The sum of the components does not equal the total due to rounding. Below are the proxy materials provided. Editorial Calendar; Events Calendar . AmerisourceBergen Revenue Per Employee is projected to decrease significantly based on the last few years of reporting. CLOSED1 DAY DELAY ALL WEEK. 2. 1 Represents an adjustment of discrete tax benefits primarily attributable to the income tax deductions resulting from the permanent shutdown of the PharMEDium business. (in thousands, except per share data) 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. These dates may be modified as official changes are announced, so please check back regularly for updates. Adjusted operating expenses increased 33.5 percent to $5.2 billion primarily due to the June 2021 acquisition of Alliance Healthcare. This page contains the major holiday dates from the 2021 and 2022 school calendar for Cabell County Schools in West Virginia. Workforce Management Analyst at AmerisourceBergen Oakland University Our more than 43,000 global team members power our purpose: We are united in our responsibility to create healthier futures. . Learn more at investor.amerisourcebergen.com. See popular questions & answers about AmerisourceBergen. ", Second Quarter Fiscal Year 2022 Summary Results, Net Income Attributable to AmerisourceBergen Corporation. Six Second Quarter Adjusted (non-GAAP) Results. The quarterly dividend of $0.485 per common share will be payable November 28, 2022, to stockholders of record at the close of business on November 14, 2022. AmerisourceBergen offers paid holidays, which may vary by location, business unit and worker status. Fiscal Year 2023 Expectations on an Adjusted (non-GAAP) Basis. 11:00am 5:00pm Exhibit hall & marketing lab View all AmerisourceBergen jobs - Oakville jobs - Program Coordinator jobs in Oakville, ON. 05 Mon. AmerisourceBergen Reports Fiscal 2022 Fourth Quarter and Year End Results. AmerisourceBergen convened healthcare industry executives, community oncology providers, and other patient-care advocates for its first-ever Disparities in Cancer Care Summit. In addition, the Company updated its non-GAAP fiscal year 2022 guidance for diluted earnings per share and operating income, and has previously provided non-GAAP fiscal year 2022 guidance for adjusted free cash flow and effective income tax rate. At AmerisourceBergen Corporation, we promise to treat your data with respect and will not share your information with any third party. Memorial Day. 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.