McKesson Corporation Overview
McKesson Corporation is a comprehensive healthcare solutions provider that offers a wide range of products and services designed to support various aspects of the healthcare industry. Here’s an overview of what McKesson does and its key features and functionality:
Pharmaceutical Distribution and Management
McKesson is one of the largest distributors of pharmaceutical products in North America, delivering a third of all pharmaceuticals used or consumed in the region. The company provides extensive distribution networks, including advanced technologies such as barcode scanning, pharmacy robotics, and RFID tags to ensure efficient and accurate delivery of pharmaceuticals.
Health Information Technology
McKesson offers a suite of health information technology solutions, including pharmacy management software, pharmacy operations, and drug purchasing management. These solutions help pharmacies and healthcare providers manage their operations more efficiently, with features such as automated electronic data interchange (EDI), data integration between different systems, and advanced shipping notice capabilities.
Medical Supplies and Equipment
McKesson Medical-Surgical provides a comprehensive array of medical products, services, and solutions. This includes support for various healthcare settings such as primary care facilities, long-term care, laboratories, home care, and hospice. The company offers analytics, expertise in product selection, facilities management, and operational support tailored to the needs of healthcare organizations of all sizes.
Data Integration and Compliance
McKesson’s data integration capabilities enable seamless sharing of pharmaceutical product data between pharmacy management systems, provider information systems, and enterprise resource planning (ERP) systems. Tools like the Data Exchange module and Macro Helix 340B Architect facilitate compliance with regulatory requirements, such as the 340B drug discount program, and manage virtual inventory solutions.
Point of Sale and Payment Technology
McKesson’s pharmacy point of sale (POS) software enhances security and customer experience. Key features include integrated EMV chip compliance technology, mobile payment acceptance (e.g., Apple Pay, Google Wallet), line item display, swipe-any-time functionality, signature on demand, and cash back management. This system also supports PCI compliance through tokenization and encryption, reducing the risk of security breaches.
Specialty Solutions
The company offers specialized solutions such as McKesson Prescription Automation for central fill, mail-order, and specialty pharmacy facilities. Additionally, McKesson provides oncology and physician services through its McKesson Specialty Health business, which includes the integration of US Oncology, Inc.
Operational Efficiency and Support
McKesson’s solutions are designed to simplify operations for healthcare providers. This includes single sign-on access to various systems, automated payment processing, and enterprise-wide reporting through tools like Pathways Materials Management. The company also provides consultative experts who offer personalized service and help with information and analytics to make informed decisions.
Conclusion
In summary, McKesson’s products and services are centered around enhancing the efficiency, compliance, and operational capabilities of healthcare providers through advanced distribution networks, health information technology, medical supplies, data integration, and payment processing solutions.