McKesson to acquire MED3000

ATLANTA — McKesson has inked a definitive agreement to acquire a national healthcare management and technology services company that helps improve outcomes for providers, health plans, employers and the patients and employees they serve.

McKesson said its acquisition of MED3000 will complement McKesson Revenue Management Solutions' medical billing and practice management service offerings. MED3000's products and services include physician group management, billing and revenue cycle management (all specialties), hosted applications, third-party administrator services and a proprietary, cloud-based solution that enables practices to rapidly adjust to the ever changing demands of healthcare without concern for server expansions, software and system upgrades or extended downtime due to hardware failure.

The parties expect to complete the acquisition in the next few months, subject to the satisfaction of customary conditions, including all necessary regulatory clearances.

"McKesson and MED3000 share a commitment to help customers navigate growing healthcare complexity and achieve their full potential," said Pat Leonard, SVP and general manager of McKesson's RMS division. "We are excited about the opportunity to combine best practices and superior technologies to help providers and other customers improve their operations and achieve better business health as part of our Better Health 2020 strategy."

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