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

     

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors


 

 

 

 

 

 

 

 

Text Ads


HIStalk Text Ads
Big audience, low price.
Seven lines on the
most talked about site
in the industry. Easy -
your ad starts in hours
and is seen by thousands
of visitors each day.
more ...

Advertise here
Which initiative is burning the most time and money while delivering little improvement to patients?
View Results

RECENT COMMENTS

  1. Cant you sue the F&B company for fraud if they said they paid you money but never did?

  2. From the Unite Us press release: "“Unite Us is essentially the only company in this emerging space, which means there’s…

Sponsor Quick Links