Mergers & Acquisitions
Almost half of McKesson customers, 17 percent of Change customers were unaware, survey finds.
Earnings per share rose to $1.88 in 2016, up from $1.23 in 2015; income spike partially due to lower office building, merger costs.
Of the transactions announced in the first quarter of 2017, six involved for-profit acquirers and 21 involved nonprofits.
Acquisitions rose to 48 in the first quarter, a 78 percent jump from fourth quarter of 2016, data shows.
Terms of the deal were not disclosed, but all Shifthound staff will join ABILITY team, company says.
An additional dollar in list price was associated with an additional 15 cents in payment to a hospital for privately insured patients, according to the study.
The Memphis-based company provides pharmacy services to more than 500 hospitals and healthcare facilities.
Report says margins are improving, especially when systems shed less-profitable facilities.
Complaint alleged merger would 'lead to significant anticompetitive effects' in New Jersey, Dallas-area markets where the two companies compete.
Net operating revenues for the three months ending Dec. 31, 2016 totaled $515.2 million, compared to $558.2 million during the same period on 2015.