McKesson to Acquire Portico Systems

McKesson has signed a definitive agreement to acquire Portico Systems, a provider of solutions that enable healthcare organizations to design, build, service and provide value-based reimbursement to their complex provider networks.

This pending acquisition will allow McKesson to bring together a unique set of financial management competencies for payers and accountable care organizations that include the claims auditing and decision management tools from McKesson Health Solutions, as well as the connectivity solutions from RelayHealth.

"The ability to create new products that use value-based reimbursement to align payers and providers on achieving the right outcomes is a key strategic imperative," said Emad Rizk, MD, president of McKesson Health Solutions. "Portico will further enhance McKesson's ability to help organizations efficiently navigate and manage increasingly complex delivery systems."

McKesson’s solutions are designed to help organizations make care decisions in accordance with the evidence and then help ensure that the care is paid for in accordance with medical policy and contracts. Following the addition of Portico's integrated provider management and value-based reimbursement solutions, McKesson expects to be able to bring to the market a full continuum of automated decision support that will include the ability to help payers and accountable care organizations manage their networks efficiently, reduce their administrative costs and facilitate the movement to new, complex reimbursement models.

The parties expect to complete the transaction in the next 45 days, subject to the satisfaction of customary conditions, including receipt of all necessary regulatory clearances.

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