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. Weird that Google can acknowledge its crowdsourced medical advice was wrong, but escape penalties for doing it wantonly at scale.

  2. I'm a little curious about the possibility of this lawsuit having larger political rammifications. Texas and its AG have used…

  3. Re: Fischman v. Epic Systems Corporation Seems to me there's already a story to tell here. The case appears to…

  5. My theory is that Gallit is using the EHR case to try and get discovery to refile the Texas Health…

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors


 

 

 

 

 

 

 

 

RSS Industry Events

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

RSS Webinars

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

Sponsor Quick Links