McKesson 2008 Annual Report Download - page 4

not-for-profi t hospitals, and by the leadership team of Novation, the nation’s largest
hospital group purchasing organization. On the Technology Solutions side of our
business, 18 McKesson products were rated in the top three in their categories in the
2007 “Year-End Top 20: Best in KLAS Awards” report issued by KLAS Enterprises, an
independent monitor of healthcare information technology vendors.
Our manufacturer partners who produce branded and generic pharmaceuticals recognize
the integral role McKesson plays in the overall supply chain. The majority of our U.S.
pharmaceutical distribution agreements with manufacturers are structured to ensure
that we are compensated for the services we provide. These agreements provide a
signifi cant source of stable, predictable revenue to McKesson and tremendous value to
pharmaceutical manufacturers. McKesson is continually focused on expanding these
relationships beyond distribution to include anti-counterfeit pedigree solutions, clinical
trial sourcing, streamlined shipping and other strategic programs that help manufacturers
grow profi ts and cut costs.
As we move into fi scal year 2009 and beyond, McKesson has never been stronger
or more capable. Our 175th anniversary theme — Taking Care Forward — celebrates
our proud healthcare legacy while focusing attention on the future and the remarkable
opportunities we have at McKesson. Healthcare has reached a critical point, and
we are uniquely qualifi ed to make a difference through our unparalleled capabilities,
longstanding customer relationships and strong competitive position in the markets
we serve. Our mission is to advance the healthcare system by advancing the success
of our partners, and we are fulfi lling this mission across every customer segment.
Helping pharmacists play an expanded role in care delivery
Today, pharmacies face unprecedented challenges posed by declining reimbursements,
new federal and state regulations, and increasing competition. With our expertise and
solutions, we are helping pharmacies navigate these challenges while helping them
operate more effi ciently and effectively. In doing so, we help free pharmacists to
devote more time and attention to providing care, and we empower them to earn
new sources of revenue by delivering expanded clinical services.
“We are combining our capabilities in bold new
ways to create unique, innovative solutions that
expand and redefi ne the segments in which
we compete and drive improvements across the
entire healthcare spectrum.”
FY
08
FY
0
7FY
06
1,851
1,236
262
HEALTH MART STORES (at fi scal year end)
FACTS
–
We deliver more than $1 billion in
medicines to pharmacies, hospitals,
physician offi ces, and other health-
care sites every week — one-third
of the medicines used each day in
North America.
–
We distribute more than 150,000
medical-surgical products — ranging
from gloves and bandages, to surgi-
cal lasers, to fl u vaccines — to more
than 300,000 physician offi ces and
other customers.
–
Our bar-code scanning solutions
in hospitals prevent 700,000
medication errors every week.
–
We help insurers, including the top
25 managed care organizations, pay
claims accurately and faster for more
than 160 million plan members.
–
Physicians log onto our physician portal
3.7 million times per month to gain
secure access to their patients’ records.