McKesson Realigns Organizational Structure to Better Serve Customers and Patients While Optimizing Growth

McKesson Corporation announces changes to its reportable business structure. The Company has revised its reportable segments commencing in the second quarter of fiscal 2021.

These moves reflect the Company’s continued focus on delivering new and innovative solutions to respond to the evolving needs of the healthcare industry, customers and patients.

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“McKesson has had a long history of leadership in the healthcare industry by advancing our business to meet the changing needs of our customers, providers, biopharma partners and the patients we collectively serve,” said Brian Tyler, chief executive officer, McKesson. “We are in the midst of a dynamic healthcare environment with ongoing shifts in technology, reimbursement, policy and patient centricity. This new structure positions McKesson to better meet our customers’ needs by driving efficiencies, enhancing operations and delivering new solutions that are directly focused on solving their biggest challenges. This reportable structure, which will create a more streamlined organization, will also enable new opportunities and increased innovation that will strategically position our business for future growth.”

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McKesson will have four reportable segments. The new reportable segments are:

U.S. Pharmaceutical and Specialty Solutions (USPSS) will become U.S. Pharmaceutical (USP), led by Kirk Kaminsky, president, and will continue to focus on best-in-class wholesale drug distribution and value-added technology solutions for retail pharmacies, health systems, payers and community providers. USP will also continue to lead the market in cancer care transformation through our comprehensive solutions offered through The US Oncology Network, US Oncology Research, McKesson Data Evidence and Insights and Biologics by McKesson specialty pharmacy.

Prescription Technology Solutions (RxTS) is a new reportable segment that brings together RelayHealth, CoverMyMeds and RxCrossroads by McKesson to serve our biopharma and life sciences partners and patients. This segment, led by Nathan Mott, president, will work across the healthcare delivery system to connect pharmacies, providers, payers and biopharma for next-generation patient access and adherence solutions.

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