McKesson Corp. weighs separation from its IT unit

By Modern Healthcare  |  June 04, 2016

McKesson Corp. may be weighing a separation of its information technology unit as it works to contain costs and refocus on its core drug distribution business, according to the Wall Street Journal.

Moving patient payment upfront

Moving patient payment upfront

By Dave Barkholz  |  May 21, 2016

The rise of high-deductible health insurance is challenging providers across the country to change the way they prepare for and collect payments from people getting hit with large out-of-pocket costs for care.

McKesson Corp. is cutting its workforce by 4%, and other news

By Modern Healthcare  |  March 19, 2016

McKesson Corp. is cutting its workforce by 4% or about 1,600 jobs and refining its strategy to lower costs. The plan should save the drug distributor $170 million to $190 million before taxes in fiscal 2017, as well as incremental savings of $70 million to $90 million in 2018.

A direct route to survive shortages

By Adam Rubenfire  |  March 12, 2016

Hospital systems now routinely deal with an uncomfortable number of drug shortages, so they're forging direct relationships with manufacturers, and buying directly from the source when the usual channels dry up.

Sharing data more quickly, securely

Sharing data more quickly, securely

By Beth Kutscher  |  March 05, 2016

One of the frustrating things about healthcare data is that they live in silos, so the user experience is far from seamless. But that's becoming unacceptable with the growth of high-deductible health plans and the corresponding wave of healthcare consumerism.

McKesson acquires Canadian pharmacy operator Rexall

By Associated Press  |  March 02, 2016

Prescription drug distributor McKesson Corp. is buying Canadian pharmacy operator Rexall Health from Katz Group for $2.2 billion, strengthening McKesson's Canadian pharmaceutical supply chain.

Does BlackRock's spending spree auger health stock comeback?

By Bob Herman and Dave Barkholz  |  February 06, 2016

BlackRock, the world's largest asset manager, is placing big bets on healthcare stocks. The giant New York money manager, which oversees more than $4.5 trillion in assets, took large positions last year in at least 14 investor-owned healthcare companies and a host of medical-device and equipment...

Growing hospital systems stretch supply chains

Growing hospital systems stretch supply chains

By Adam Rubenfire  |  January 30, 2016

Hospital systems that have acquired physician practices and outpatient treatment centers are wrestling with how to integrate them into their existing supply-chain distribution system. The goal is to extend the low prices achieved through bulk purchasing to these geographically dispersed facilities.

War on cancer, take two

War on cancer, take two

By Maria Castellucci and Sabriya Rice  |  January 16, 2016

In light of the challenges seen since President Nixon launched the first "war on cancer" in 1971, experts say any new approach to cures, moonshot or otherwise, must get back to the basics. The oncology community agrees a coordinated approach could address the clinical research challenges.

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