ARTICLE SUMMARY:
Halyard Health has its work cut out for it as it breaks completely from former parent Kimberly-Clark and uses its new-found freedom to adjust to a changing hospital market. Its first test: the facility with which it responds to a near-term competitive threat to its high- margin pain management business.
Before spinning out its healthcare division in late 2014, Kimberly-Clark Inc. ran the business as a cash cow, investing less than 1% of its sales in R&D and siphoning off millions of dollars in revenues.
