McKesson Renews Distribution Contract with VA

McKesson Corp.’s deal to be the primary pharmaceutical supplier for the Department of Veterans Affairs has been renewed for the next two years. The Irving-based pharmaceutical distribution company will continue their partnership with the nation’s largest integrated healthcare system. McKesson will supply all the VA medical centers and clinics as well as their outpatient pharmacies, which include 750 locations and 270 medical centers. The distributor is the largest non-defense vendor serving the VA, Department of Defense, and other government branches. “McKesson has had the privilege of supporting the VA as their prime pharmaceutical supplier since 2004,” said Brian Tyler, McKesson’s… Full Story

McKesson Sells Patient Care Solutions to AdaptHealth Corp.

Pennsylvania-based AdaptHealth, the third largest provider of home medical equipment in the country, has closed on the acquisition of Patient Care Solutions from McKesson Corp. Rodney Carson will serve as President of the company, called AdaptHealth Patient Care Solutions. Urological and ostomy products will be added to the company’s portfolio, whose footprint in the wound care, breast pump, incontinence supply and diabetic care markets will also increase with the acquisition. Carson was most recently the CEO of home medical supply company CCS Medical and has nearly two decades in he field. He held leadership in other medical companies, including MDLIVE,… Full Story

McKesson and Walgreens Boots Alliance Form Joint Venture

Retail pharmacy giants Walgreens Boots Alliance is forming a joint venture with Irving-based McKesson Corp. to combine their pharmaceutical wholesale businesses in Germany. WBA will control 70 percent of the venture and McKesson the remaining 30. The combination is limited to the German wholesale activity of the two companies and won’t impact any other operations. “Combining our wholesale operations is the right decision to secure the long-term success of both businesses,” said Ornella Barra, Co-Chief Operating Officer of WBA via release. “This is a strategic step that will offer benefits for all. We are creating a sustainable company to drive success… Full Story

McKesson Names New EVP, CIO, and CTO

Nancy Flores will be McKesson’s new executive vice president, chief information officer and chief technology officer beginning Jan. 13, 2020. She is currently the CIO for Johnson Controls, a multinational company that makes fire, HVAC, and building security equipment now based in Ireland. Flores will succeed Kathy McElligott, who announced her retirement earlier this year. Flores will be responsible for the enterprise business technology strategy and technology governance for the corporation. She will also lead the development and application of healthcare technology products at the company. Prior to her time at Johnson Controls, Flores was vice president for business and technology… Full Story

Parkland’s Lawsuit: Are Drug Distributors to Blame for the Opioid Epidemic?

Earlier this year, dozens of health systems in Texas filed a civil lawsuit against opioid manufacturers, distributors, and retailers. Two local entities, Parkland Hospital and Health System and McKesson Corp., are on opposite sides of the lawsuit. But why are the health systems taking legal action, and should distributors be held accountable for what physicians are prescribing? In 2010, opioid prescriptions peaked when providers wrote 81.2 prescriptions per 100 persons. In 2017, around 57 million people had at least one prescription for opioids, with 191 opioid prescriptions dispensed, according to CDC data. Darren Nicholson, of Burns Charest LLP in Dallas,… Full Story

Gift of Life Honors McKesson as Corporate Partner

McKesson Corp. was presented with the Corporate Partner Award from the Gift of Life Marrow Registry for its work facilitating bone marrow and stem cell transplants for leukemia and other blood cancer patients. Irving-based McKesson gives its employees opportunities to join the registry with a simple cheek swab throughout the year, and opens the drive to employees’ families and friends as well. Six life-saving transplants have resulted from the company’s matches. The Gift of Life Marrow Registry includes 354,000 individuals who have volunteered to donate blood stem cells or bone marrow since its inception in 1991. The group has coordinated… Full Story

McKesson and Aetion Partner Up for Real World Cancer Insights

McKesson and healthcare technology company Aetion have announced a collaboration to advance cancer research. The partnership is meant to advance the use of real-world evidence to aid the cancer infrastructure and help fight multiple tumor types. The Aetion Evidence Platform will work with McKesson’s iKnowMed oncology electronic health record to improve research for an FDA project at Brigham and Women’s Hospital. The solution will improve insight, safety, and allow companies to assess the economic impact of treatments. Aetion analyzes health data from the real world to provide answers about treatments, costs, and outcomes for providers, payers, and regulatory agencies. “This collaboration… Full Story

$18 Billion Settlement Talks for McKesson and Other Opioid Distributors

McKesson Corp. and other drug distributors are in talks with state attorneys general to settle all opioid disputes with $18 billion over 18 years, the Wall Street Journal reported this week. McKesson and other pharmaceutical and drug distribution companies have been named in a number of lawsuits all over the country, with states and municipalities claiming the companies didn’t control the shipment of the addictive pain pills that have led to a health epidemic nationwide, with tens of thousands of overdoses each year. The companies have already settled several of these lawsuits, and a nationwide deal would simplify the legal maneuvering and… Full Story

Parkland Joins Texas-Based Opioid Lawsuit Against Pharma Companies

Parkland Health and Hospital System is among 29 public and private hospitals in Texas that have filed a civil lawsuit against manufacturers, distributors, and retailers of opioids. The Dallas County complaint accuses the defendants of negligence, fraud, and civil conspiracy, which include Irving-based McKesson Corp., Purdue Pharma, Johnson and Johnson, and  40 other companies and individuals in the pharmaceutical industry. Last month, an Oklahoma judge ruled that Johnson and Johnson should pay the state $572 million for obscuring the dangers and overpromising the benefits of opioids. It was one of 2,000 similar lawsuits nationwide, and now Texas has joined the… Full Story

McKesson Named in Nationwide Opioid Lawsuit

McKesson Corp. has been named in a Cleveland lawsuit against many of the largest players in the pharmaceutical industry, the Washington Post reports. The filing describes the drug companies as solely focused on profits at the cost of the damage done to country by opioids. The companies say they should not be charged with second guessing the expertise of doctors who prescribe the pills. The case consolidates claims from around the country, and because of documents released by a three judge panel last week, the direction and quantity of drugs is better able to be tracked between manufacturers, distributors, and… Full Story