McKesson distributes medicines and medical supplies to pharmacies, hospitals and other care providers, alongside services that connect drug manufacturers with patients. Its specialty businesses support community cancer care and clinical research, extending its work beyond moving products through warehouses. The company buys drugs and supplies from manufacturers for resale, while its software helps pharmacies manage inventory and healthcare teams secure insurance approval for prescriptions. It also sells practice management and patient support services to clinicians and drugmakers. McKesson traces its business roots to 1833 and is headquartered in Irving, Texas.
Company Size
10,001+
Company Stage
IPO
Headquarters
Irving, Texas
Founded
1833
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McKesson will invest $1.4 billion for a 49% minority stake in Option Care Health, under an agreement announced on October 6, 2026. The deal values Option Care at an enterprise value of $5.8 billion. Clayton, Dubilier & Rice will hold about 51%. Option Care will stay separately managed, while McKesson keeps a framework to acquire the remaining interest later, subject to conditions and regulatory approvals. In its first fiscal 2027 quarter, McKesson reported revenue of $105.38 billion, up 7.7% year on year, and adjusted earnings per share of $9.93. It will report second-quarter results on November 4, 2026.
CD&R and McKesson to acquire Option Care Health. WASHINGTON (dpa-AFX) - CD&R, McKesson (MCK) and Option Care Health (OPCH) have entered into a definitive agreement, under which CD&R and McKesson will acquire Option Care Health for $32.05 per share, reflecting a total enterprise value of approximately $5.8 billion. Upon completion, Option Care Health will become a privately held company. CD&R will hold a majority interest of approximately 51% in Option Care Health and McKesson will invest approximately $1.4 billion for a minority interest of approximately 49%. The deal establishes a framework for McKesson's future acquisition of CD&R's interest in Option Care Health, subject to specified conditions and regulatory approvals. Option Care Health is an independent provider of home and alternate site infusion services. In pre-market trading on NasdaqGS, Option Care shares are up 20.50 percent to $28.16. For More Such Health News, visit rttnews.com. Copyright(c) 2026 RTTNews.com. All Rights Reserved Copyright RTT News/dpa-AFX Read the full article
Cara McDonough joins McKesson Medical-Surgical as Chief Product Strategy & Supplier Partnerships Officer. September 22, 2026- McKesson Medical-Surgical has announced that Cara McDonough has joined the organization as Chief Product Strategy & Supplier Partnerships Officer, effective September 14, 2026. In this role, Cara will lead McKesson Medical-Surgical's Product Strategy and Supplier Partnerships teams, guiding supplier relationship strategy and portfolio development across the company's Private Label, Pharmaceutical, Consumer Markets, and Laboratory businesses as a member of the Executive Committee. Cara brings 20 years of experience leading and growing product-focused organizations. Throughout her career, she has held senior leadership positions with nationally recognized companies, driving merchandising, private label, product strategy, and commercial growth across multiple channels, including B2B, e-commerce, and retail. Her experience building differentiated product portfolios, strengthening supplier relationships, and delivering profitable growth aligns closely with the organization's long-term strategy. As McKesson Medical-Surgical continues evolving its business, Cara's leadership will help further strengthen supplier partnerships and support the organization's commitment to delivering innovative solutions and value to customers.
McKesson Corporation (NYSE: MCK) announced today that it signed a definitive agreement to acquire Precision Medicine Group, LLC (“Precision Medicine Group”), a global provider of clinical research and biopharma commercialization services.
Compass Oncology earns first Green Building certification for a medical facility. Sep 15, 2026 What was once a vacant Toys "R" Us and BuyBuy Baby is now setting a new standard for sustainable healthcare At McKesson, Compass Oncology understand that the spaces where Compass Oncology work, distribute and care have a profound impact on its planet and people. In FY24, Compass Oncology developed McKesson's Green Building Standards (GBS) - an internal sustainability framework that provides guidance for eligible building design, construction and operations projects. Across its offices, distribution centers and eligible healthcare buildings, GBS is intended to support environmental performance, operational efficiency and employee well-being. Since inception, Compass Oncology has assessed 52 buildings and achieved 17 GBS certifications, including three Platinum, two Gold, 11 Silver and one Compliant. Compass Oncology, a practice in the US Oncology Network, recently became the first medical building to earn McKesson GBS certification at its East Cancer Center in Happy Valley, Oregon. The achievement is particularly notable because the facility was transformed from a former retail store into a modern healthcare environment developing its East Cancer Center, Compass Oncology partnered with the McKesson Real Estate team to repurpose the existing structure to GBS and create a space designed to support patients, caregivers and employees. Compass Oncology's East Cancer Center earned GBS Silver credit through a range of sustainability and wellness-focused features: * Energy and performance: High-efficiency HVAC systems and STAR appliances * Air Quality & Health: Enhanced air filtration supporting an indoor environment * Water Stewardship: Water-efficient plumbing fixtures that conserve resources * Materials & Carbon Impact: Adaptive reuse strategies that embodied carbon * Wellness & Experience: Bike racks and a thoughtfully designed garden that support employee well-being "At McKesson, we believe advancing health outcomes includes a commitment to creating healthier environments for the people and communities we serve, said Nimesh Jhaveri, R.Ph., Executive Vice President and Chief Impact Officer at McKesson. "Compass Oncology's achievement is an important milestone, not only as the first medical building to earn Green Building Standards certification, but also as a powerful example of how sustainability can be integrated into healthcare settings." Congratulations to Compass Oncology and the McKesson Real Estate team on this pioneering accomplishment!