nyse mck nasdaq 100 component s & p 500 component industry healthcare founded new york city united states 1833 ; 183 years ago 1833 as olcott & mckesson founder john mckesson charles olcott headquarters san francisco california u.s. key people john hammergren chairman and ceo products pharmaceuticals medical technology health care services revenue us 179.04 billion 2015 1 operating income us 2.96 billion 2015 1 net income us 1.47 billion 2015 1 total assets us 53.87 billion 2015 1 total equity us 8.00 billion 2015 1 number of employees 70 400 2015 1 website www.mckesson.com mckesson corporation is an american company distributing pharmaceuticals at a retail sale level and providing health information technology medical supplies and care management tools . the company had sales of 122 billion in 2012 . 2 mckesson is based in the united states and distributes health care systems medical supplies and pharmaceutical products . additionally mckesson provides extensive network infrastructure for the health care industry ; also it was an early adopter of technologies like bar code scanning for distribution pharmacy robotics and rfid tags . 3 it is a fortune global 500 company and the 5th 2 highest revenue generating company in the united states . contents 1 history 2 mckesson provider technologies 3 health mart pharmacy franchise 4 mckesson canada 5 mckesson in the united kingdom 6 mckesson in australia and new zealand 7 facilities 8 former divisions 9 see also 10 references 11 external links history edit founded in new york city as olcott & mckesson by charles olcott and john mckesson in 1833 the business began as an importer and wholesaler of botanical drugs . a third partner daniel robbins joined the enterprise as it grew and it was renamed mckesson & robbins following olcott s death in 1853 . the company successfully emerged from one of the most notorious business accounting scandals of the 20th century the mckesson & robbins scandal a watershed event that led to major changes in american auditing standards and securities regulations after being exposed in 1938 . in the 1960s mckesson & robbins merged with foremost dairies of san francisco to form foremost mckesson inc. 4 since the mid 20th century mckesson has derived an increasing proportion of its income from medical technology rather than pharmaceuticals . this culminated in its purchase of medical information systems firm hbo & company hboc in 1999 ; the combined firm was briefly known as mckessonhboc . accounting irregularities at hboc reduced the company s share price by half and resulted in the dismissal and prosecution of many hboc executives . the firm s name reverted to mckesson in 2001 . 5 mckesson technology solutions as the information technology branch of the company is now known has continued to increase its market share through acquisitions notably per se technologies relayhealth and practice partner . in 2010 mckesson acquired leading cancer services company us oncology inc. for 2.16 billion which was integrated into the mckesson specialty care solutions business . on june 24 2013 the wall street journal reported that mckesson chairman and ceo john hammergren s pension benefits of 159 million had set a record for the largest pension on file for a current executive of a public company and almost certainly the largest ever in corporate america . a study in 2012 by gmi ratings which tracks executive pay found that 60 % of ceos at s & p 500 companies have pensions and their value averages 11.5 million . 6 in addition to its offices throughout north america mckesson also has international offices in australia ireland france the netherlands and the united kingdom . today mckesson is one of the oldest continually operating businesses in the united states . as of august 23 2016 mckesson has decided to merge a majority of it s it business with change healthcare . mckesson provider technologies edit mckesson provider technologies is the retail name for mckesson technology solutions ; the software development division of mckesson . their customer base in the united states includes 50 % of all health systems 20 % of all physician practices 25 % of home care agencies and 77 % of health systems with more than 200 beds . on june 20 2005 mckesson provider technologies acquired medcon ltd. an israeli company which provides web based cardiac image and information management solutions for heart centers that includes diagnostic digital image management archiving procedure reporting and workflow management . 7 in october 2013 mckesson agreed to buy a 50 % stake in german peer celesio for 8.3 billion . 8 health mart pharmacy franchise edit health mart is a network of over 3 400 independently owned and operated pharmacies . it is a wholly owned subsidiary of mckesson corporation which owns the name health mart . mckesson acquired health mart owner foxmeyer in 1996 . mckesson canada edit see also katz group of companies in 1991 mckesson corporation acquired a 100 percent interest in medis health and pharmaceutical services from provigo . in 2002 the mckesson canada name was adopted . mckesson canada is a wholly owned subsidiary of mckesson corporation . it includes various business units mckesson pharmaceutical mckesson automation mckesson specialty mckesson health solutions and mckesson information solutions . in march 2016 mckesson purchased canadian pharmacy chain rexall for 3 billion dollars17 . mckesson in the united kingdom edit in the united kingdom mckesson operating as mckesson information solutions uk ltd was a provider of information technology services to the health care industry . in addition to numerous clinical software systems and finance and procurement services mckesson also was responsible for developing the electronic staff record system for the national health service which provided an integrated payroll system for nhs s 1.3 million staff making it the world s largest single payroll it system . mckesson shared services also provided payroll services for over 20 nhs trusts paying over 100 000 nhs members . mckesson s united kingdom base was in warwick with data centers in newcastle upon tyne and brent cross and offices in sheffield bangor glasgow and vauxhall london . across the united kingdom it employed over 500 people . in jun jul 2014 mckesson sold most of their healthcare software business to the private equity firm symphony technology group and indicated also that they would not be re bidding for the electronic staff record contract . 9 10 this came after the company had posted significant year on year losses in revenue 16 % in the 2012 13 financial year 11 after taking over a very successful british operation in 2011 . 12 mckesson in australia and new zealand edit in 2010 mckesson asia pacific was acquired by medibank private ltd. 13 14 mckesson anz is a fully owned subsidiary of mckesson corporation . mckesson expanded its footprint in australia and new zealand by acquiring emendo in november 2012 . 15 mckesson anz develops and sells healthcare optimization services and software . the company has traditionally been focused on the public markets in australia and new zealand . the majority of the district health boards in nz use one or more of mckesson s capacity management solutions . christchurch new zealand is one of mckesson s global capacity management r & d centers of excellence . all of mckesson s r & d for mckesson capacity planner is performed in new zealand . the company employs approximately 40 team members across australia and new zealand including general management r & d sales services and support employees . mckesson capacity planner formerly emendo capplan is used in more than 40 hospitals in australia new zealand britain canada and the us 16 to forecast future patient activity and help health systems to allocate resources efficiently and identify unnecessary costs . 15 17 facilities edit mckesson s global headquarters building in downtown san francisco . mckesson pharmacy systems livonia mi in addition to its global headquarters in san francisco california mckesson maintains additional facilities around north america . former divisions edit mckesson operated the mosswood wine company from 1978 until 1987 when the division was sold to maintain their focus on pharmaceuticals . the division was founded and run by wine writer gerald asher . 18 see also edit san francisco bay area portal companies portal top 100 us federal contractors references edit a b c d e f 2013 form 10k mckesson corporation . united states securities and exchange commission . a b fortune 500 . fortune . sick in the head why america won t get the health care system it needs by luke mitchell harper s january 16 2009 history of mckesson corporation . mckesson.com . retrieved april 20 2015 . milt freudenheim january 13 2005 . mckesson agrees to pay 960 million in fraud suit . the new york times . retrieved march 17 2008 . mark maremont june 25 2013 . mckesson ceo is due 159 million pension wsj . wsj . retrieved april 20 2015 . mckesson completes acquisition of medcon ltd. business wire august 15 2005 ludwig burger october 24 2013 . mckesson 8.3 billion deal for drugs trader celesio to create market leader . reuters . jon hoeksma may 8 2013 . mckesson uk put up for sale . ehinews . jon hoeksma june 2 2014 . symphony buys mckesson uk health ops . ehinews . article symphony technology group snaps up mckesson divestments . healthinvestor . retrieved 2016 01 02 . mckesson to acquire british software vendor system c histalk . histalk2.com . 2011 03 03 . retrieved 2016 01 02 . mckesson to sell its mckesson asia pacific business to medibank private ltd. . medibank finalises acquisition of mckesson asia pacific . a b mckesson nz aims for growth with plans to add staff and products computerworld new zealand . computerworld.co.nz . 2014 05 23 . retrieved 2015 07 30 . tamlyn stewart 2012 11 08 . pharma giant snaps up emendo . stuff.co.nz . retrieved 2015 07 30 . tamlyn stewart 2012 11 07 . fortune 500 firm buys kiwi tech company . stuff.co.nz . retrieved 2015 07 30 . 1 archived june 1 2013 at the wayback machine . external links edit official website v t e pharmaceutical companies of the united states abbott laboratories acorda therapeutics actavis aderis pharmaceuticals adolor corporation alcon alexion pharmaceuticals alkermes allergan alza amgen amylin pharmaceuticals ariad pharmaceuticals aryx therapeutics avax technologies baxter international biocryst pharmaceuticals biogen biolex biovest biovista bradley pharmaceuticals bristol myers squibb cancervax century pharmaceuticals cephalon ceragenix pharmaceuticals combe incorporated cortex pharmaceuticals cotherix covance covidien cubist pharmaceuticals cutter laboratories cytosport cytrx danco laboratories dnaprint genomics epix pharmaceuticals eli lilly and company elorac endo pharmaceuticals ethicon endo surgery ethicon inc. forest laboratories galena biopharma genvec genentech genta gilead sciences hospira imclone systems institute for oneworld health intercept pharmaceuticals ista pharmaceuticals ivax corporation janssen biotech johnson & johnson kinetic concepts king pharmaceuticals kinray kv pharmaceutical leiner health products mallinckrodt martek biosciences corporation s. e. massengill company mckesson corporation mcneil laboratories melior discovery mentholatum merck & co. miles laboratories mylan myriad genetics naurex nereus pharmaceuticals northwest biotherapeutics norwich pharma services novabay pharmaceuticals nuvelo organon international ortho pharmaceutical ortho mcneil pharmaceutical osi pharmaceuticals ovation pharmaceuticals par pharmaceutical parke davis perrigo pfizer pharmaceutical product development prasco laboratories procter & gamble proteon therapeutics purdue pharma qualitest quark pharmaceuticals regeneron repros therapeutics rib x pharmaceuticals sarepta therapeutics savage laboratories schering plough g. d. searle & company sheffield pharmaceuticals smith kline & french spectrum pharmaceuticals sterling drug tanox tap pharmaceutical products tec laboratories teva pharmaceutical industries tiens biotech group titan pharmaceuticals trevena inc trubion upjohn upsher smith laboratories valeant pharmaceuticals ventria bioscience vertex pharmaceuticals verus pharmaceuticals vion pharmaceuticals inc. viropharma west pharmaceutical services wyeth zonite products corporation list of pharmaceutical companies retrieved from https en.wikipedia.org w index.php title mckesson corporation & oldid 743699251 categories companies based in san franciscocompanies established in 1833companies listed on the new york stock exchangefinancial district san franciscomultinational companieshealth care companies of the united stateshidden categories articles with