News & Videos - MCKESSON CORP.

McKesson Corporation (NYSE:MCK) today announced the completion of the split-off of PF2 SpinCo, Inc. (“SpinCo”), which held McKesson’s interest in Change Healthcare LLC (“Change Healthcare”) and which was merged with and into Change Healthcare Inc. (NASDAQ:CHNG) (“Change”) through a “Reverse Morris Trust” transaction. The closing of the merger followed the previously announced expiration of McKesson’s exchange offer. As a result of the merger, participating McKesson...

McKesson Corporation (NYSE:MCK) today announced that its previously announced offer to stockholders to exchange their shares of McKesson common stock on a per-share-basis for 11.4086 shares of PF2 SpinCo, Inc. (“SpinCo”) common stock expired at 11:59 p.m., New York City time, on March 9, 2020, and, based on preliminary results, the exchange offer was oversubscribed. The exchange offer to split-off SpinCo, which holds McKesson’s interest in Change Healthcare LLC (“Change Healthcare”),...

McKesson Corporation (NYSE:MCK) today announced the final exchange ratio of 11.4086-for-one in connection with its previously announced offer to its stockholders to exchange their shares of McKesson common stock for shares of PF2 SpinCo, Inc. (“SpinCo”) common stock. The exchange offer to split-off SpinCo, which holds McKesson’s interest in Change Healthcare LLC (“Change Healthcare”), is part of McKesson’s agreement with Change Healthcare Inc. (NASDAQ:CHNG) (“Change”) to merge...

McKesson Corporation (NYSE:MCK) today announced the commencement of an exchange offer for the split-off of its wholly-owned subsidiary, PF2 SpinCo, Inc. (“ SpinCo ”), which will hold all of McKesson’s interest in Change Healthcare LLC (“Change Healthcare”), as part of McKesson’s previously announced agreement with Change Healthcare Inc. (Nasdaq:CHNG) (“ Change ”) to merge SpinCo with and into Change. “We are very pleased to launch the split-off of our investment in Change...

McKesson Corporation (NYSE:MCK) today reported results for the third quarter ended December 31, 2019. Fiscal 2020 Third-Quarter and Year-to-Date Result Summary Third Quarter Year-to-Date ( $ in millions, except per share amounts) FY20 FY19 Change FY20 FY19 Change Revenues $ 59,172 $ 56,208 5 % $ 172,516 $ 161,890 7 % Income / (loss) from continuing operations 1 191 470 (59 ) (109 ) 829 (113 ) Adjusted Earnings 1,2 685 664 3 1,971 1,967 — Earnings / (loss) per diluted share 1 1.06 2.41 (56 )...

The Board of Directors of McKesson Corporation (NYSE:MCK) yesterday declared a regular dividend of 41 cents per share of common stock. The dividend will be payable on April 1, 2020, to stockholders of record on March 2, 2020. About McKesson Corporation McKesson Corporation is a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology. McKesson partners with pharmaceutical manufacturers, providers,...

McKesson Corporation (NYSE:MCK) will present at the 38 th Annual J.P. Morgan Healthcare Conference at the Westin St. Francis Hotel in San Francisco tomorrow, January 14, 2020 at 9:00 AM PT (12:00 PM ET). Brian Tyler, chief executive officer of McKesson, will provide a company overview and review topics including: McKesson’s strategic growth initiatives McKesson’s differentiated specialty portfolio Company innovation such as the recent launch of AMP: Access for More Patients Overview of...

McKesson Corporation (NYSE:MCK) announced today that its third quarter fiscal 2020 financial results will be released before market open on Tuesday, February 4, 2020. The company will host a conference call at 8:00 AM Eastern Time to discuss the financial results. A live audio webcast of the conference call will be available on McKesson’s Investor Relations website at http://investor.mckesson.com , along with the company’s earnings press release, financial tables and slide presentation. The...

AdaptHealth Corp. (NASDAQ:AHCO) (“AdaptHealth”) , the third largest provider of home medical equipment (“HME”) in the United States, announced today that it has closed the previously announced acquisition of the Patient Care Solutions business from McKesson Corporation and named healthcare industry veteran Rodney Carson as President of the newly-formed AdaptHealth Patient Care Solutions (“AdaptHealth PCS”). The PCS acquisition adds urological and ostomy products to AdaptHealth’s...

McKesson Corporation (NYSE:MCK) today reaffirmed its Adjusted Earnings per diluted share guidance of $14.00 to $14.60 for the fiscal year ending March 31, 2020. McKesson is hosting a sell-side analyst meeting today at its corporate headquarters in Irving, Texas. A live audio webcast of the meeting will be available beginning at 12:30 PM ET. A link to the live audio webcast and the presentation materials will be available on McKesson’s Investor Relations website at http://investor.mckesson.com...

McKesson Corporation (NYSE: MCK) announced today that it has been selected by the Department of Veterans Affairs (VA), which runs the nation’s largest integrated healthcare system, to continue as the prime pharmaceutical supplier for the agency. Under the new agreement, which takes effect in Aug. 2020, McKesson will supply all of the VA's medical centers and outpatient clinics, as well as the VA's Consolidated Mail Outpatient Pharmacies (CMOPs). The initial two-year contract includes options...

Walgreens Boots Alliance (Nasdaq: WBA) and McKesson Corporation (NYSE: MCK) today signed an agreement to create a joint venture that will combine their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland and GEHE Pharma Handel. WBA will have a 70% controlling equity interest in the joint venture and McKesson will have a 30% ownership interest. This press release features multimedia. View the full release here:...

McKesson Corporation (NYSE: MCK) announced today it will host a sell-side analyst meeting on Wednesday, December 18, 2019 at its corporate headquarters in Irving, Texas. During the meeting, CEO Brian Tyler and CFO Britt Vitalone will provide a general business update. A live audio webcast of the meeting will be available beginning at 12:30 PM ET. A link to the live audio webcast and the presentation materials will be available on McKesson’s Investor Relations website at...

McKesson Corporation (NYSE:MCK) today announced that Nancy Flores will join McKesson as its new executive vice president, chief information officer (CIO) and chief technology officer (CTO) on Jan. 13, 2020, succeeding Kathy McElligott who announced her retirement earlier this year. Flores currently serves as CIO for Johnson Controls, where she is responsible for Global Business Services, which includes back office shared services, information technology, cybersecurity and analytics. As...

McKesson (MCK) Alert: Johnson Fistel Announces Shareholder Class Action Against McKesson Corporation Survives Motion to Dismiss; Should Management be Held Accountable for Investors Losses? PR Newswire SAN DIEGO, Nov. 8, 2019 SAN DIEGO , Nov. 8, 2019 /PRNewswire/ -- Johnson Fistel , LLP is investigating potential claims on behalf of McKesson Corporation (NYSE: MCK) ("McKesson" or the "Company") against certain of its officers and directors. Recently, a class action lawsuit pending in the United...

AmerisourceBergen (NYSE: ABC), Cardinal Health (NYSE: CAH) and McKesson (NYSE: MCK) announced this morning that they have agreed to a $215 million settlement with two Ohio counties, Cuyahoga and Summit, in the first track of the multi-district opioid litigation. With this settlement agreed upon, the companies and the other parties will now continue the work toward a global resolution. While the companies strongly dispute the allegations made by the two counties, they believe settling the...

A new strategic planning solution for oncology practices is now available to customers through McKesson’s Business Advisory Services, a team of experts dedicated to helping specialty practices solve financial and operational challenges through consulting, analytics and technology. Strategic planning is a comprehensive engagement solution designed to help practices define priorities, identify strategies and tactics to meet their selected goals, and allocate resources to achieve their vision....

McKesson Corporation (NYSE:MCK) announced today that its second quarter fiscal 2020 financial results will be released before market open on Wednesday, October 30, 2019. The company will host a conference call at 8:00 AM Eastern Time to discuss the financial results. A live audio webcast of the conference call will be available on McKesson’s Investor Relations website at http://investor.mckesson.com , along with the company’s earnings press release, financial tables and slide presentation....

MCK EQUITY NOTICE: Rosen Law Announces Filings of Securities Class Action Against McKesson Corporation; Important Dec. 26 Deadline - MCK PR Newswire NEW YORK, Dec. 24, 2018 NEW YORK , Dec. 24, 2018 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of McKesson Corporation (NYSE: MCK) from October 24, 2013 through January 25, 2017 , inclusive (the "Class Period") of the important December 26, 2018 lead plaintiff deadline in the class action....

Community health solutions provider selects Exela’s proprietary healthcare solution to streamline complex healthcare operations while ensuring compliance with manufacturers IRVING, Texas, July 23, 2018 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a global business process automation (BPA) leader, today announced that it was selected by McKesson Specialty Health to provide a suite of business management tools from enrollment and claims processing, to adjudication...