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.

View/Print Text Only View/Print Text Only


HIStalk Featured Sponsors

     







Subscribe to Updates

Search


Loading

Text Ads


Report News and Rumors

No title

Anonymous online form
E-mail
Rumor line: 801.HIT.NEWS

Tweets

Archives

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reader Comments

  • Brian Too: While I'm usually pretty forgiving about individual stylistic variations, I will say that I found Ed's final paragraph e...
  • From the Inside: It's great to see that Ed was so impactful on the NYC H+H IT "broken division" in his continuing quest to save the worl...
  • AynRandWasDumb: This article is so vague it amounts to platitude. What is my takeaway as a reader? That Ed did such a great job and he h...
  • Brian Too: I've always loved AC/DC. One tidbit others might enjoy. The movie "School of Rock" performed an awesome cover of "It...
  • Steve Natz: I have been a reader of HIStalk for several years and have always enjoyed these articles along with the industry news to...

Sponsor Quick Links