Home » News » Currently Reading:

McKesson Will Acquire CoverMyMeds for $1.1 Billion

January 25, 2017 News No Comments

image 

McKesson announced Wednesday that it will acquire Columbus, OH-based prescription electronic prior authorization platform vendor CoverMyMeds for $1.1 billion plus a potential additional $300 million based on performance.

McKesson announced the acquisition as part of its quarterly earnings report in which it beat earnings estimates but fell short on revenue.

CoverMyMeds is a RelayHealth Pharmacy partner. It will remain an independent McKesson business unit with co-founders Matt Scantland and Sam Rajan staying on.



HIStalk Featured Sponsors

     

Text Ads


RECENT COMMENTS

  1. I dont think anything will change until Dr Jayne and others take my approach of naming names, including how much…

  2. I love the community health center that serves as my medical home, but they regularly ask me to sign forms…

  3. My mom was admitted to the hospital from the ED after she was diagnosed with multiple pelvic fractures. Two different…

  4. Many medical practices have become assembly lines, prioritizing throughput instead of personalized attention. In this case, patients are the widgets…

  5. Typical Big Health System experience. But the fraudulent charting is quite something. The higher-ups would care if they found themselves…

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors


 

 

 

 

 

 

 

 

RSS Webinars

  • An error has occurred, which probably means the feed is down. Try again later.

Sponsor Quick Links