McKesson 2006 Annual Report Download - page 8

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McKESSON CORPORATION
Business Performance Solutions: The segment’s business performance solutions support revenue cycle management and resource
management. The segment’s revenue cycle solution is designed to reduce days in accounts receivable, prevent insurance claim denials, reduce
costs and improve productivity for our customers. Solutions include contract management, electronic claims processing and coding compliance
checking. The segment’s hospital information systems play a key role in managing the revenue cycle by automating the operation of individual
departments and their respective functions within the inpatient environment. The segment’s resource management solutions consist of an
integrated suite of applications that enhance an organization’s ability to forecast and optimize enterprise-wide use of resources (labor, supplies,
equipment and facilities) associated with the delivery of care. These solutions help automate and link resource requirements to care protocols
designed to increase profitability, enhance decision-making, and improve business processes.
Automation Solutions: The segment offers market-leading automation technologies that help hospitals to re-engineer and improve their
medication use and supply management processes. Examples include centralized pharmacy automation for unit-dose medications, unit-based
cabinet technologies for secure medication storage and rapid retrieval, point-of-use supply automation systems for inventory management and
revenue capture, and an automated medication administration system for ensuring accuracy at the point of care. Based on a foundation of bar-
code scanning technology, these integrated solutions are designed to reduce errors and bring new levels of safety to patients nationwide.
In addition to the product offerings described above, the Provider Technologies segment offers a comprehensive range of services to help
organizations derive greater value from, and enhance satisfaction and return on, investment throughout the life of the solutions implemented.
The range of services includes:
Technology Services: The segment has worked with numerous healthcare organizations to support the smooth operation of their information
systems by providing the technical infrastructure designed to maximize application accessibility, availability, security and performance.
Professional Services: Professional services help customers achieve business results from their software or automation investment. The
segment offers a wide array of quality service options, including consulting for business and/or clinical process improvement and re-design as
well as implementation, project management, technical, and education services relating to all products in the Provider Technologies segment.
Outsourcing Services: The segment helps organizations focus their resources where needed while the segment manages their information
technology or revenue cycle operations through outsourcing. Outsourcing service options include managing hospital data processing
operations, as well as strategic information systems planning and management, revenue cycle processes, payroll processing, business office
administration, and major system conversions.
Acquisitions, Investments and Discontinued Operation
We have undertaken strategic initiatives in recent years designed to further focus on our core healthcare businesses and enhance our
competitive position. These initiatives are detailed in Financial Notes 2 and 3 to the consolidated financial statements, “Acquisitions and
Investments” and “Discontinued Operation,” appearing in this Annual Report on Form 10-K.
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