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| Type | Public (NYSE: MCK) |
|---|---|
| Founded | 1833 New York City |
| Headquarters | San Francisco, California |
| Key people | John Hammergren, Chairman & CEO Jeffrey Campbell, CFO Randy Spratt, CIO Robert Tilley, Sr., VP, MTS. |
| Industry | Health care |
| Products | Pharmaceuticals, Personal & Household Products, Healthcare Technology, Healthcare Services |
| Revenue | ▲ USD $106.6 billion (2009) |
| Website | www.mckesson.com |
McKesson Corporation (NYSE: MCK) is the largest health care company in the world, with sales of $101.7 billion in 2008[1].
McKesson is based in the United States and distributes health care systems, medical supplies and pharmaceutical products. Additionally, McKesson provides extensive network infrastructure for the health care industry, and was an early adopter of new technologies like bar-code scanning for distribution, pharmacy robotics, and RFID tags. [2]
It is a Fortune Global 500 company, and the 15th[3] largest company in the United States.
Founded in New York City as Olcott & McKesson by Charles Olcott and John McKesson in 1833, the business began as an importer and wholesaler of botanical drugs. A third partner, Daniel Robbins joined the enterprise as it grew, and it was renamed McKesson & Robbins following Olcott's death in 1853.
The company successfully emerged from one of the most notorious business and accounting scandals of the 20th century, which was a watershed event leading to major changes in auditing standards and security regulation following its discovery in 1938. From the middle of the 20th century, McKesson has derived a continually growing proportion of its income from medical technology rather than pharmaceuticals. This culminated in its purchase of medical information systems firm HBO & Company (HBOC) in 1999; the combined firm was briefly known as McKessonHBOC. Accounting irregularities at HBOC halved the share price and resulted in the dismissal and prosecution of many former HBOC executives, and the firm reassumed its original name in 2001.[4] McKesson Technology Solutions, as the information technology branch of the company is now known, has continued to increase its market share through acquisitions, notably Per Se Technologies, RelayHealth, and Practice Partner.
In addition to its offices throughout North America, McKesson also has international offices in Australia and Europe (Ireland, France, Netherlands and the United Kingdom). It employs 32,000 people globally. Today, McKesson is one of the oldest continually operating businesses in the United States.
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McKesson Provider Technologies
McKesson Provider Technologies is the retail name for McKesson Technology Solutions; the software development division of McKesson. Their customer base in the United States includes: 50% of all health systems and 77% of health systems with more than 200 beds 20% of all physician practices 25% of home care agencies
Health Mart pharmacy franchise
Health Mart is a network of over 2,000 independently owned and operated pharmacies. It is a wholly owned subsidiary of McKesson Corporation, which owns the name "Health Mart."
McKesson Canada
McKesson Canada is a wholly owned subsidiary of McKesson Corporation. It includes five business units: McKesson Pharmaceutical, McKesson Logistics Solutions, McKesson Automation, McKesson Specialty, McKesson Health Solutions, and McKesson Information Solutions.
McKesson in the United Kingdom
In the United Kingdom, McKesson (operating as McKesson Information Solutions UK Ltd) is a provider of information technology services to the health care industry. In addition to numerous clinical software systems and finance and procurement services, McKesson also is responsible for developing the Electronic Staff Record system for the National Health Service which provides an integrated payroll system for NHS's 1.3 million staff, making it the world’s largest single payroll IT system. McKesson Shared Services also provides payroll services for over 20 NHS Trusts, paying over 100,000 NHS members.
McKesson's United Kingdom base is in Warwick with data centers in Newcastle upon Tyne and Romford and offices in Sheffield, Bangor, Glasgow and Vauxhall, South London. Across the United Kingdom, it employs over 500 people.
McKesson in Australia and New Zealand
In Australia and New Zealand, McKesson (operating as McKesson Asia-Pacific) is a provider of telephone-based healthcare services to the health care industry. McKesson's services include: telephone triage (see also telehealth and telenursing) health information, advice and referral, mental health triage and case management and chronic disease management.
Using specialised health call centre software, McKesson clinical staff take over one million calls per year from the community
McKesson's Asia-Pacific's head office is in Sydney with other offices in Melbourne, Perth,Adelaide,Wellington and Auckland. Across the Asia-Pacific region, it employs close to 700 people.
Facilities
In addition to its global headquarters in San Francisco, California, McKesson maintains additional facilities around the world, including:
- Atlanta, Georgia, formerly Per-Se Technologies, formerly NDCHealth
- Durham, North Carolina, formerly Per-Se Technologies
- Birmingham, Alabama, formerly Awarix, Inc
- Richmond, British Columbia, formerly ALI Technologies
- Burnaby, British Columbia, formerly Per-Se Technologies, formerly NDCHealth, formerly TechRx, formerly Zadall
- Phoenix, Arizona, McKesson Health Solutions
- Livonia, Michigan McKesson Pharmacy Systems and Automation (MPS&A), Mckesson Printing Services (prints pharmacy labels)
- Emeryville, California, formerly RelayHealth
- Broomfield, Colorado, formerly Access Health, formerly HBO & Company
- Lake Mary, Florida, formerly HBO & Company
- Alpharetta, Georgia, formerly Per-Se Technologies, formerly HBO & Company's headquarters
- Wheeling, Illinois, formerly Enterprise Systems, Incorporated (ESi), formerly HBO & Company
- Dubuque, Iowa, formerly CyCare, formerly HBO & Company
- Overland Park, Kansas, formerly Enterprise Systems, Incorporated (ESi), formerly HBO & Company
- Hadley, Massachusetts, formerly HBO & Company, formerly Amherst Associates
- Newton, Massachusetts
- North Charleston, South Carolina, formerly Per-Se Technologies, formerly Medaphis
- Minneapolis, Minnesota, formerly HBO & Company
- Springfield, Missouri, formerly HBO & Company
- Charlotte, North Carolina, formerly HBO & Company
- Malvern, Pennsylvania, McKesson Health Solutions
- La Vergne, Tennessee, formerly OTN, formerly Cardinal Health
- Carrollton, Texas
- Westlake, Texas
- Scottsdale, Arizona
- Richmond, Virginia, formerly General Medical, formerly Per-Se Technologies
- Lewisville, Texas, McKesson Specialty Distribution
- Pittsburgh, Pennsylvania, McKesson Automation (formerly Automated Healthcare Inc.)
- Seattle, Washington, formerly Practice Partner, formerly Physician Micro Systems, Inc. (PMSI)
- Tulsa, Oklahoma, formerly CIS Technologies, formerly NDCHealth, formerly Per-Se Technologies
- Toronto, Ontario, McKesson Specialty, formerly Phase 4 Health
- Brampton, Ontario, Distribution Centre
- Saint-Laurent, Quebec, McKesson Automation Solutions
- Oakville, Ontario, McKesson Logistics Solutions
- La Crosse, Wisconsin
External links
- McKesson Corporation Official Web Site.
- McKesson Canada Official Web Site.
- Health Mart Web Site - McKesson Corporation's Independent Pharmacy Franchise.
- High Performance Pharmacy Study by the Executive Alliance.
- McKesson Medication Safety Advantage
References
- ^ 2009 Fortune 500 List - Fortune Magazine
- ^ Sick in the head: Why America won't get the health-care system it needs, by Luke Mitchell, Harper's, January 16, 2009
- ^ 2009 Fortune 500 List - Fortune Magazine
- ^ Milt Freudenheim, “McKesson Agrees to Pay $960 Million in Fraud Suit,” ‘’New York Times’’, January 13, 2005, http://www.nytimes.com/2005/01/13/business/13settle.html (accessed March 17, 2008)
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