McKesson.com

Company History: McKesson All the Way

McKesson began its journey way back in 1833 in New York City’s financial district with McKesson and Charles Olcott opening a small drug import and wholesale shop. The shop sold botanical drugs, such as herbs, leaves, roots, bark, and vegetable extracts. After Olcott’s death in 1853, Robinson joined McKesson and the company was renamed as McKesson and Robins. They made huge profits and created McKesson Chemical Company later changing the name as Foremost- McKesson, Inc. in 1967. The company distributed alcoholic beverages, chemicals, pharmaceuticals, milk-based products, and processed water in the western half of the United States. From 1980 onwards, the company turned its attention towards investing in new technologies. In 1984, the company came to be called as McKesson Corporation. From this point onwards, the company strove to become the leader of healthcare supply management and information technologies. McKesson now offers innovative software solutions to a number of prestigious hospitals, healthcare units, retail outlets, payor, physician and homecare customers and long term care.

Business Profile and Global Presence

McKesson supplies more than one third of the medicines used in North America distributed through more than 25,000 outlets all over the country. From an exhaustive range of medicines to a galaxy of medical gadgets, McKesson even stretches into medical records to provide complete healthcare solutions to medical professionals and institutions. McKesson is listed on the New York Stock Exchange with ticker symbol ‘MCK’. More than 70% of the Hospitals in North America are using McKesson’s software and hardware technology. The annual revenue of the company is more than $80 billion and Fortune Magazine ranks the company as 15th among the topmost companies of the U.S.. With its headquarters located in San Francisco, McKesson has employed over 32,000 people across the globe. Apart from its offices located throughout North America, McKesson has its international offices in Australia, Ireland, France, Netherlands and the United Kingdom.

In U.K, McKesson operates as McKesson Information Solutions UK Ltd providing wide range of information technology services to healthcare industry. McKesson has developed several clinical software systems, finance and procurement services and electronic staff record system for Britain’s National Health Service, which is to become the world’s largest payroll systems on its completion in 2007.

In Australia and New Zealand, McKesson operates as McKesson Asia Pacific and provides telephone based healthcare services. The services range from telehealth, telenursing, health information, telephone triage, mental health triage, case management and chronic disease management. Using advanced technology, McKesson is taking nearly one million calls per year in this region.

McKesson’s Asian unit is in Sydney with branches in Melbourne, Wellington, Auckland, and Perth, employing over 500 people.

Products and Services

McKesson’s business ranges through three segments.

Pharmaceutical Segment distributes ethical and proprietary drugs, health and beauty-care products. McKesson also undertakes manufacture and sales of automated pharmaceutical dispensing systems for retailers and medical managements; specialty pharmaceuticals solutions for manufacturers and biotech companies; patient and payor services, pharmacy services outsourcing; consulting and distributing first-aid products in the U.S.

McKesson’s Medical-Surgical Solutions segment supplies medical- surgical equipments, and provides logistic services too within the United States.

McKesson’s Provider Technologies segment is engaged in customized patient care; automation and strategic management software solutions; clinical and financial supply chain; and healthcare services outsourcing throughout North America, United Kingdom and other European Countries.

McKesson’s telehealth services have enabled the healthcare industry with improved cost management tools, Increased patient involvement, and efficient resource management and Improved patient monitoring and disease management.

For more information:

Medical Equipment
Our comprehensive portfolio of medical supplies and equipment gives your health care organization access to the widest array of health care products in the industry. Our customized packaging, ordering and distribution services ensure that your medical supplies and equipment are delivered to you on time and in the precise volume and format required to meet the care needs of your patients or residents.

Health Care Management

As health care providers, you likely are feeling pressure from the value-based reimbursement models and payer market consolidation to increase revenue and decrease costs. To achieve both business objectives, you may be considering expanding your operations by merging or acquiring other care sites, including ambulatory, home health, skilled nursing or long-term care facilities. Acquiring new acute-care, managed or affiliated hospitals also can assist with expanding the health care specialties you can offer your patients.  No matter what growth or expansion path is taken, McKesson's strategic health care business services and solutions will support and facilitate your plans from drawing board to implementation to execution.

Risk Management

As a health care provider, you are under enormous pressure to improve the quality and safety of patient care and deliver that care in the most cost-effective manner possible. At the same time, you're being challenged to comply with an increasingly complex and aggressive regulatory environment that can affect your clinical and financial results. 

Revenue Cycle Management

The health care reimbursement process is growing more complex as the industry transitions to value-based reimbursement, experiments with new care delivery models and reapportions the financial responsibility for care among various stakeholders. Getting paid fairly, accurately and quickly for the care your provider organization delivers is growing more complex. Our complete and comprehensive suite of reimbursement and revenue cycle management solutions makes that process more efficient and effective, helping you meet your revenue and cash-flow goals.

Employment

At McKesson, we've been empowering healthcare-and employees-for more than 175 years. As the nation's industry leader, we touch the lives of patients in virtually every aspect of healthcare.

We empower our customers by combining innovation, technology and strong relationships to deliver vital supplies and solutions. Ranked in the top 20 on the FORTUNE 500 with more than $100 billion in annual revenue, we also have the resources to empower our employees. Because at McKesson, we know that empowering healthcare starts with you.

Website

McKesson.com is the official site of the McKesson Corporation. The site is a wonderful source to learn about the range of products and services offered by the company apart from providing exhaustive information about the various facets of the company. Each regional unit of the company has its own website with detailed information. The links to these sites are available in www.mckesson.com.

Other Corporate Units Worldwide

McKesson Canada
McKesson United Kingdom
McKesson France
McKesson Netherlands
McKesson Middle East
McKesson Asia-Pacific

Languages

English

Address

One Post Street
San Francisco, CA 94104

Contact

415.983.8300

Additional Information

Related Domains

External Links

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