McKesson 2015 Annual Report Download - page 14

Download and view the complete annual report

Please find page 14 of the 2015 McKesson annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 146

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146

McKESSON CORPORATION
performance management solutions designed to enhance an organization’s ability to plan and optimize quality
care delivery. Enterprise visibility and performance analytics provide business intelligence that enables providers
to manage capacity, outcomes, productivity and patient flow.
Imaging and Workflow Solutions: We offer medical imaging and information management systems for
healthcare enterprises, including a picture archiving communications system, a radiology information system and
a comprehensive cardiovascular information system. Our enterprise-wide approach to medical imaging enables
organizations to take advantage of specialty-specific workstations while building an integrated image repository
that manages all of the images and information captured throughout the care continuum.
Business Performance Services: We help providers focus their resources on delivering healthcare while
managing their revenue cycle operations and information technology through a comprehensive suite of managed
services. Services include full and partial revenue cycle outsourcing, remote hosting and business office
administration. We also provide a complete solution for physician practices of all sizes, whether they are
independent or employed, that includes software, revenue cycle outsourcing and connectivity services. Software
solutions include practice management and EHR software for physicians of every size and specialty. Our
physician practice offering includes outsourced billing, collection, data input, medical coding, billing, contract
management, cash collections, accounts receivable management and extensive reporting of metrics related to the
physician practice. We also offer a full suite of physician and hospital consulting services, including financial
management, coding and compliance services, revenue cycle services and strategic services.
Enterprise Information Solutions: We provide comprehensive clinical and financial information systems for
hospitals and health systems of all sizes. These systems are designed to improve the safety and quality of patient
care and improve clinical, financial and operational performance. Clinical functionality includes a data
repository, care planning, physician order entry and documentation, nursing documentation with bar-coded
medication administration, pharmacy, surgical management, emergency department and ambulatory EHR
systems, and a Web-based physician portal. Revenue management solutions are designed to improve financial
performance by reducing days in accounts receivable, preventing insurance claim denials, reducing costs and
improving productivity. Solutions include online patient billing, contract management, electronic claims
processing and coding compliance checking. These solutions streamline patient access and help organizations to
forecast financial responsibility for constituents before and during care, allowing providers to collect their
reimbursements more quickly and at a lower cost. We also provide professional services to help customers
achieve business results from their software or automation investment. A wide array of service options is
available, 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 Technology
Solutions segment as well as providing the technical infrastructure designed to maximize application
accessibility, availability, security and performance. In addition, workflow management solutions assist
caregivers with staffing and maintaining labor rule continuity between scheduling, time and attendance and
payroll. We also offer a comprehensive supply chain management solution that integrates enterprise resource
planning applications, including financials, materials, human resources/payroll, scheduling, point of use, surgical
and anesthesia services and enterprise-wide analytics.
Business Combinations, Equity Investments and Discontinued Operations
We have undertaken additional strategic initiatives in recent years designed to further focus on our core
healthcare businesses and enhance our competitive position. We expect to continue to undertake such strategic
initiatives in the future. These initiatives are detailed in Financial Notes 2, 4 and 6, “Business Combinations,”
“Discontinued Operations” and “Equity Investments,” to the consolidated financial statements appearing in this
Annual Report on Form 10-K.
9