McKesson Corporation is a leading healthcare services and information technology company. It was founded in 1833 by John McKesson and Charles Olcott in New York City, USA. Originally, the company started as a pharmaceutical wholesaler, and over the years, it has expanded its operations and services to become a major player in the healthcare industry.
McKesson's primary focus is on providing distribution and logistics services to various healthcare organizations, including hospitals, pharmacies, clinics, and retail pharmacies. The company operates one of the largest pharmaceutical distribution networks in North America, delivering medications and medical supplies to healthcare providers efficiently and reliably.
In addition to its distribution services, McKesson also offers a wide range of healthcare technology solutions. This includes electronic health record systems, clinical decision support tools, revenue cycle management software, and other IT solutions designed to streamline healthcare operations and improve patient care.
McKesson is listed on the New York Stock Exchange (NYSE) under the ticker symbol "MCK." It is also a component of the S&P 500 Index. The company has a global presence with operations in more than 16 countries.
The company has been at the forefront of developing and implementing digital solutions to improve healthcare delivery and patient outcomes. McKesson's flagship product in this regard is its electronic health record (EHR) system called Paragon. Paragon is a comprehensive and integrated EHR platform that helps healthcare organizations manage patient records, streamline workflows, and enhance clinical decision-making.
Furthermore, McKesson has made significant acquisitions and partnerships to expand its services and market reach. Notable acquisitions include the purchase of Celesio AG, a leading European healthcare services company, in 2014. These strategic moves have enabled McKesson to strengthen its position as a global leader in healthcare services and technology.
As healthcare continues to evolve and face new challenges, McKesson is focused on leveraging its expertise and resources to drive innovation and improve healthcare outcomes. The company invests in research and development to develop new solutions, collaborate with industry partners, and adapt to the changing needs of the healthcare landscape. McKesson's goal is to empower healthcare providers with the tools and resources they need to deliver high-quality care and positively impact patient lives.