McKesson to acquire MED3000 [The Pittsburgh Tribune-Review]By Sam Spatter, The Pittsburgh Tribune-ReviewMcClatchy-Tribune Information Services
Oct. 02--Green Tree-based MED3000, a heath care management and technology company, will be acquired by McKesson Corp., officials said Monday.
McKesson, headquartered in San Francisco, did not disclose the sale price. The deal is subject to the satisfaction of customary conditions, including regulatory clearances.
McKesson, the largest pharmaceutical distributor in North America and a developer of health care information technology systems, said the acquisition would complement the medical billing and practice management service offerings of McKesson Revenue Management Solutions and accelerate its expansion.
It was unclear how the acquisition might affect MED3000, which has about 75 employees here.
CEO Patrick Hampson said in a statement that the companies together would "provide industry-leading expertise and the sophisticated infrastructure and reporting" for customers. He and company spokeswoman Nicole Contardo could not be reached for comment.
MED3000, established in 1995, employs 2,800 people in 17 regional centers in 12 states. It offers physicans, clinics and hospitals health management services, revenue recovery programs and health care technology.
McKesson's Pittsburgh operation, known as McKesson Automation Inc., is in Cranberry.
More than 70 percent of the nation's hospitals use McKesson's software and hardware, the company says on its website.
Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or email@example.com.
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