McKesson Named #1 Most Admired Company in Healthcare Wholesale Industry
Fortune | February 2017
The annual Most Admired Companies ranking measures corporate reputation and performance against nine key attributes: quality of management; quality of products/services offered; innovativeness; value as a long-term investment; soundness of financial position; ability to attract, develop, and keep talented people; responsibility to the community and/or the environment; wise use of corporate assets; and effectiveness in conducting its business globally.
A New Tool to Analyze Medical Records
Wall Street Journal | January 25, 2017
Health-care companies are collecting more data on patients yet, they are struggling to realize its full value because much of it can’t be analyzed in a traditional database. McKesson Corp., the drug distributor and health-care technology firm, says it is developing a new analytics tool that could help solve that problem for oncologists.
Health-care Giant McKesson Breaking Ground on 271,000-square-foot Facility on Reservation
The Arizona Republic | November 30, 2016
Health-care giant McKesson Corp. is moving its Arizona regional headquarters into a new building on the Salt River Pima-Maricopa Indian Community that could house almost 60 percent more employees than it currently has in Scottsdale. The San Francisco-based Fortune 500 health-care services and technology firm will move 1,400 employees from the Scottsdale Galleria to its new facility in the Chaparral Commerce Center next year.
Mulling Bold Bets, VCs Do More Vetting Via Science
Wall Street Journal | October 17, 2016
Tech entrepreneurs moving into medicine have fueled much of the growth. Yet health-care newbies are often surprised at the industry’s complexity and long sales cycles, some investors said. One diligence red flag is the tech entrepreneur who won’t hire experienced health-care hands for fear they represent old-line thinking, said Tom Rodgers, head of McKesson Ventures.
This Is the Future: Workplaces that Make You Healthier
Fortune | July 13, 2016
When McKesson decided to revamp its headquarters in Richmond, Va., it knew it was time for a radical change. The drug distribution giant also knew it needed a workplace that was not only inspiring but reflected its primary mission: making people healthier.
McKesson Shares Could Rise 15% or More
Barron's | June 11, 2016
The company has strong cash flow, significant bargaining power, and a strong position in specialty-drug wholesaling, which should produce annualized double-digit earnings growth over the next few years.
Wal-Mart Pairs With McKesson to Buy Generic Drugs More Cheaply
Bloomberg | May 16, 2016
Wal-Mart Stores Inc., the world’s biggest retailer, is joining forces with McKesson Corp., the largest U.S. pharmaceutical distributor, to purchase generic drugs, allowing the two companies to use their collective size to get better prices.
Human Resource Executive | May, 2016
Recognizing the need to raise HR’s capabilities to equal those of the rest of the organization, [McKesson’s Jorge] Figueredo set out to transform the function into one with data and analytics at the heart of everything it does.
The Most Influential Women in Bay Area Business
San Francisco Business Times | April, 2016
CIO/CTO Kathy McElligott and General Counsel honored as two of San Francisco Business Times’ Most Influential Women in Business, representing business leaders in real estate, law, tech, financing, education, health care and many other industries.
A Health Care Giant’s Plan to Outlast Venture Capital
The Information | January 5, 2016
Tom Rodgers thinks the $250 million venture fund he oversees has an advantage in digital health. McKesson has decent visibility into what its customers will buy over the next few years, Mr. Rodgers can afford to invest with a much longer time horizon than the typical venture capitalist.
McKesson Ventures Bets on Emerging Home-Care Market
Wall Street Journal | November, 2015
Health-care IT was once a backwater market in venture capital, but no more, Mr. Rodgers said. “There are some important problems that need to be solved,” he said. “It’s exciting to see a lot [of] money and investment finally being dedicated to it.”
Best Performing CEOs in the World: #63 John Hammergren
Harvard Business Review | November, 2015
HBR’s ranking of CEOs is meant to be a measure of enduring success. We track and analyze each CEO’s performance starting from day one of his or her tenure. Our goal is to create a list that gets beyond the most recent quarterly or even annual results and truly evaluates long-term performance.
McKesson's CIO on the Opportunity in Big-Data Analytics
WSJ | October 25, 2015
McKesson CIO and CTO Kathy McElligott explains how health-care technology can move the business forward by using analytics to help the industry better understand what drives the best outcomes – what treatments, medications and processes – predict outcomes and pay for outcomes.
Longtime McKesson CIO Says Focus Shifted to Business From IT
WSJ | June 30, 2015
After nearly 40 years in IT, including more than a decade as CIO and CTO at “The job becomes more about brokering and managing your partners just as marketing might broker and manage their partners,” Mr. Spratt told CIO Journal in an interview.
McKesson Sees Healthy Growth In Prescription Drugs
Investor's Business Daily | June 25, 2015
With seven straight quarters of double-digit sales growth and five straight quarters of double-digit earnings growth, prescription drug and medical supplies distributor McKesson is in its strongest financial run in years.
McKesson Names Kathy McElligott CIO and CTO
WSJ | June 22, 2015
McKesson Corp. has hired Kathy McElligott to be the drug distributor’s chief information officer and chief technology officer. She will join the company July 20 after five years as CIO at global manufacturer Emerson Electric Co., where she managed technology strategy and information security.
Heroes of the 500: Diane Moore, McKesson Corporation
Fortune | June 12, 2015
Moore decided to make the journey for other parents better than her own. Now “I know it’s volunteer work, but it doesn’t feel like work,” Moore says. “It feels like my daughter died and I can’t let that be the end. This is my way of letting her life have continued purpose.”
The oldest companies of the Fortune 500
Fortune | June 10, 2015
Consider them the “elder statesmen” of the Fortune500. These are the 13 companies on this year’s list that have been around the longest—all of them for more than 150 years.
HDMA honors McKesson’s Julian with Nexus Award
Chain Drug Review | June 9, 2015
“Through his participation with HDMA and other industry organizations, Paul has been a tireless champion for the value and efficiencies that distributors provide to the healthcare industry,” HDMA president and chief executive officer John Gray said in a statement. “It has been an honor to work with him, and I congratulate him on this prestigious achievement.”
Best Places to Work in IT 2015: McKesson
Computerworld | June 2015
The workplace collaboration that exists between business units and the IT department extends to extracurricular activities, such as fitness walks and annual "community days" that bring employees together for charitable activities.
Doctors Visits are so 2014
Fast Company | January 27, 2015
For scrappy startups, going up against the health care system sometimes seems like an impossible task. But fortunately, other major players in the industry, such as McKesson, are pushing for change as well.
McKesson makes aggressive move into health IT venture capital
Modern Healthcare | December 11, 2014
Healthcare giant McKesson Corp. plans an aggressive move into venture capital funding for healthcare technology, expecting to commit several hundred million dollars to the effort over the next five to eight years, and hiring long-time venture capitalist Tom Rodgers as managing director of strategic venture capital operations.
Why Bigger is Better
Barron's | September 20, 2014
Hammergren not only got McKesson's operations and finances back on track, but embarked on a series of savvy acquisitions that transformed the San Francisco-based company into a drug-wholesaling behemoth, giving it greater clout with drug makers and opening doors to new markets at home and abroad.
McKesson On Tour: Local Health In Every City
Forbes | August 7, 2014
One company believes that its ability to bridge the conversation between payers, providers, innovators and manufacturers can improve health technology and outcomes. Through its Better Health Tour, San Francisco-based McKesson's simple goal is to create conversations between local health innovators and experts that serve as a catalyst for change.
Health Care Giants Learn From the Little Guys
U.S. News & World Report | June 17, 2014
Pressured by rising costs along with an influx of newly insured patients under the Affordable Care Act, and a growing demand to improve quality, efficiency and patient involvement, medicine is facing massive changes and challenges. At the same time, there are also ample new opportunities.
David-and-Goliath Partnerships Bring Innovation to Health Care
Harvard Business Review | June, 2014
Given the unprecedented level of change gripping the health care industry, large and small health care organizations will need to depend on innovation, creative thinking and sometimes each other to successfully navigate the evolving marketplace.