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McKesson Corporation is a publicly-traded American company that distributes pharmaceuticals and provides health information technology, medical supplies, and health management tools. The company delivers a third of all pharmaceutical products used or consumed in North America and employs over 80,000 employees [ 2 ] [ 3 ] .
The company had around 37,000 employees at the end of the 2019 financial year (31 March 2019) and is represented in 13 countries in Europe. In the 2019 financial year the company achieved a turnover of EUR 21.18 billion. The majority shareholder of the company is the US-based McKesson Corporation, which holds a share of 77.01%.
McKesson owns approximately 70% of the new company with the remaining equity stake held by Change Healthcare stockholders. The new company continues to be called Change Healthcare. [33] In October 2018, it was reported that Change Healthcare Corporation hired underwriters and investment banks for a 2018/2019 time-frame initial public offering. [34]
The big shareholder groups in McKesson Corporation ( NYSE:MCK ) have power over the company. Institutions often own...
About McKesson McKesson Corporation, currently ranked 14th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better.
McKesson would acquire about a 70% stake in the unit, which would be part of its U.S. pharmaceutical segment. Upon the close of the transaction, Florida Cancer Specialists — which operates in ...
In 1996, McKesson Corporation acquired FoxMeyer drug company. With this acquisition came the Health Mart franchise, which started with several hundred pharmacies. [1] Since McKesson's acquisition of Health Mart, the franchise has expanded rapidly and received many awards from leading pharmaceutical industry publications.
CoverMyMeds is a healthcare software company that creates software to automate the prior authorization process used by some health insurance companies in the United States. The company was founded in 2008 and has offices in Ohio. Since early 2017, it has operated as a wholly owned subsidiary of McKesson Corporation. [3]