McKesson Signs Agreement to Acquire Rx Savings Solutions

 Acquisition aligns with McKesson’s strategic growth focus by connecting biopharma and payer services to patients Acquisition extends leadership in access, affordability, and adherence solutions, leveraging McKesson’s differentiated platform Acquisition of Rx Savings Solutions strengthens McKesson’s purpose to advance health outcomes for all McKesson and Rx Savings Solutions share a commitment to making medication therapy more affordable and increasing medication adherence to improve outcomes Rx Savings Solutions’ value proposition for employers, payers and patients is fortified by McKesson’s scaled ecosystem of provider, pharmacy, and biopharma services Combined capabilities set the foundation for expansion of adherence, outcomes management, and evidence-based biopharma and payer services McKesson Corporation today announced that it has signed a definitive agreement to acquire Rx Savings Solutions (RxSS), a prescription price transparency and benefit insight company that offers affordability and adherence solutions to health plans and employers, reaching more than 17 million current patients. The transaction is valued up to $875 million, which includes a $600 million upfront payment and a maximum of $275 million of consideration contingent upon RxSS’ financial performance through calendar year 2025. The transaction is subject to customary closing conditions, including regulatory review, and is expected to close in the second half o...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Biopharma Biopharmaceuticals Brian Tyler Health IT Acquisitions Healthcare M&A McKesson McKesson Corporation Michael Rea Prescription Technology Solutions Rx Savings Solutions RxSS Source Type: blogs