McKesson Corporation
Industry: Personal & Household Prods.
McKesson Corporation is the leading provider of supply, information and care management products and services designed to reduce costs and improve quality across healthcare. McKesson solutions empower healthcare professionals with the tools they need to deliver care more effectively and efficiently. Founded in 1833, with annual revenues of more than $50 billion, McKesson ranks as the 16th largest industrial company in the United States.
Business Summary
McKesson Corporation (McKesson) provides and supplies, information and care management products and services to the healthcare industry. The Company conducts its business through three segments: the Pharmaceutical Solutions segment, the Medical-Surgical Solutions segment and the Provider Technologies segment. The Pharmaceutical Solutions segment distributes ethical drugs, and health and beauty care products throughout North America. McKesson's Medical-Surgical Solutions segment distributes medical-surgical supplies, first-aid products and equipment within the United States and Canada. The Provider Technologies segment delivers enterprise-wide patient care, clinical, financial, supply chain, managed care and strategic management software solutions and automated pharmaceutical dispensing systems to healthcare organizations throughout North America, the United Kingdom and other European countries.
Financial Summary
McKesson Corporation is a health care supply management company. The Company also provides software solutions, technological innovations and comprehensive services to the health care industry. For the 3 months ended 6/30/05, revenues rose 10% to $21.06B. Net income from cont. ops. rose 4% to $170M. Results reflect growth in all segments and addition of new customers, partially offset by a $52M securities litigation charge.







