citations but they are not properly formatted . please improve this article by correcting them . september 2015 learn how and when to remove this template message pss world medical inc. type public nasdaq pssi industry health care wholesalers founded 1983 headquarters jacksonville florida usa key people gary a. corless president and ceo david m. bronson cfo products medical equipment and supplies revenue 1.86 billion 2008 1 website physician sales & service pss world medical pss world medical inc. was an american distributor of medical products equipment billing services and pharmaceutical related products to non hospital healthcare providers . in 2008 the company celebrated its 25th year in business and was named to forbes 400 best big companies list for the second time . in 2013 the company was purchased by the mckesson corporation and dissolved . 2 the organization also ranked number 965 on the 2008 fortune 1000 list of largest businesses up from 980 the prior year . 3 contents 1 history 2 current operations 3 references 4 external links history edit the company based in jacksonville florida began in 1983 with the physician business now called the physician sales & service pss division as a distributor of medical supplies diagnostic equipment and pharmaceutical related products to primary care office based physicians in the united states . according to the florida times union pss entered the radiology and imaging equipment distribution business by acquiring jacksonville based diagnostic imaging inc in 1996 . 4 the acquisition of gulf south medical supply inc. was completed in early 1998 for 661 million and expanded psswm s target customer group to include long term care and assisted living facilities home health care and hospice providers . on february 22 2013 mckesson corporation nyse mck announced that it completed the acquisition of pss world medical inc. for a total purchase price of approximately 2.1 billion acquiring all outstanding shares of pss world medical for 29.00 per share in cash . http ir.pssd.com index.cfm according to the florida times union physician sales and service inc. officially changed its corporate name in march 1998 to pss world medical inc. psswm to reflect ... the company s expansion into multiple medical distribution sectors . 4 in 1998 a book faster company building the world s nuttiest turn on a dime home grown billion dollar business was published after being written by founder and then ceo patrick kelly . fisher scientific announced its intention to buy psswm for 746.9 million in june 2000 to increase its sales of medical products to doctors and nursing homes . investors did not like the plan and stock prices for both companies declined . on september 5 2000 fisher backed out of the deal and both companies announced that the transaction is not in the best interest of their respective shareholders . 5 diagnostic imaging acquired california based intra trade medical corp. and qa processor service ; new york based vanguard imaging ; and florida based palm beach x ray company in 1999 with the expressed hope of raising annual revenue by 45 million . 6 however psswm restructured the company s debt in 2000 and di lost money for two years . in late 2002 psswm announced a 115 million deal to sell its diagnostic imaging subsidiary to a venture capital firm that will continue operating the imaging business based in jacksonville . current operations edit the company has over 800 sales consultants who work through 39 full service distribution centers providing coverage throughout the united states . 7 as a single source for medical inventory needs pss carries over 55 000 different medical products 70 % supplies 20 % equipment and 10 % pharmaceuticals representing over 1 000 major manufacturers . references edit hoovers company profiles pss world medical inc. forbes magazine december 22 2008 400 best big companies pss world medical fortune 500 company profiles pss world medical a b florida times union march 28 1998 pss changes name to reflect growth by mark basch new york times september 6 2000 company news ; fisher scientific shares jump as purchase is called off florida times union march 24 1999 local firm s acquisitions should add revenue by nicole ostrow new york times company information pss world medical inc. external links edit physician sales & service official website pss world medical official website v t e jacksonville area based corporations list of companies in jacksonville florida fortune 1000 corporations 2015 rank csx corporation 240 fidelity national financial 314 fis 422 landstar system 719 publicly traded corporations ameris bancorp atlantic coast financial black knight financial services everbank frp holdings patriot transportation rayonier rayonier advanced materials regency centers stein mart web.com privately held businesses acosta sales & marketing availity axia public relations bloch publishing company crowley maritime elkins constructors fanatics firehouse subs florida blue florida east coast railway gate petroleum haskell company huckins yacht corporation i wear your shirt jacksonville free press kbj architects larry s giant subs m. d. moody & sons mac papers medmal direct insurance company metro jacksonville mobro marine pga tour reynolds smith & hills ring power safariland st. vincent s healthcare sally corporation seward trunk co. southeastern grocers stellar group swisher international group trailer bridge us assure vystar credit union us headquarters of foreign businesses adecco group north america association of tennis professionals beeline buffet group usa h egh autoliners northgate information solutions survitec group north america venus fashion otto division headquarters of us corporations florida coastal school of law infilaw system the florida times union morris communications foundation financial group interline brands the home depot parallel infrastructure florida east coast industries pss world medical mckesson corporation southeast toyota distributors jm family enterprises unison industries ge aviation vistakon johnson & johnson retrieved from https en.wikipedia.org w index.php title pss world medical & oldid 706652285 categories companies based in jacksonville floridacompanies established in 1983health care companies of the united stateshidden categories articles covered by wikiproject wikify from september 2015articles needing footnote reformattingall articles covered by wikiproject wikifypages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 24 february 2016 at 14 48 . text is available under the creative commons attribution sharealike license ; 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