McKesson Corp.'s earnings rebounded during the second quarter of its fiscal year as its Celesio acquisition and growth in market share helped the San Francisco-based company realize $469 million in net income. Being an authorized distributor of Sovaldi likely helped as well.
There is interoperability in American healthcare, more than is generally thought, a federal health IT official and multiple advisers noted during a rare joint meeting Wednesday of the two main federally chartered health information technology advisory panels.
The CMS has removed the provider review version of a new database that details financial relationships between healthcare providers and drug and medical-device manufacturers.
McKesson Corp. will pay the federal government $18 million to settle allegations tied to a whistle-blower lawsuit. The suit involved a company shipping contract with the Centers for Disease Control and Prevention.
McKesson Corp.'s earnings fell 5% in its fiscal first quarter, despite double-digit growth in its distribution segment, as charges related to its international technology business and certain one-time items dragged down the company's bottom line.
Dr. Emad Rizk is set to assume leadership of hospital revenue-management company Accretive Health on July 21. Modern Healthcare recently interviewed Rizk about the revolution afoot in healthcare payment, with providers on a fast and rocky path from fee-for-service to value- based models.
Accretive Health, a troubled national revenue-cycle company based in Chicago, has named veteran healthcare consultant Dr. Emad Rizk president and CEO.
McKesson Corp. Chairman and CEO John Hammergren earned $25.9 million in the company's fiscal 2014—a 50% drop from when he took home a highly criticized $51.7 million compensation package in 2013.
Bundled payment is drawing lots of attention as a leading valued-based payment model, though many people still scratch their heads about the operational details.
Young adults who gained coverage on their parents' health plans under Obamacare showed an uptick in non-emergency hospital visits by the newly insured, new research has discovered.
McKesson Corp. rebounded in the final three months of its fiscal 2014 from a third quarter profit nosedive, posting significantly stronger earnings for the fourth quarter. But despite the late-year comeback, the San Francisco-based company fell short of its prior year income results.
Epic Systems Corp. leads the pack of developers of complete electronic health-record systems in the number of hospital customers that have met the federal criteria for meaningful use of the technology.