McKesson Acquires Portico Systems | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

McKesson Acquires Portico Systems

June 22, 2011
by root
| Reprints

Philadelphia-based Portico Systems, announced that it has signed a definitive agreement to be acquired by McKesson (San Francisco). Portico is a privately held company co-founded by Ned Moore and Scott Fraser focused exclusively on empowering health plans to transform the performance of their networks and significantly reduce administrative expense. 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.

The unified organization will have available to it the collective capabilities of Portico Systems and McKesson to help healthcare organizations:

  • Transform network performance and optimize medical costs and quality;
  • Accelerate speed to market of high value health plan products tailored for targeted customer segments;
  • Align provider reimbursement with value through the right mix of traditional and emerging reimbursement methodologies;
  • Ensure end to end integrity, performance and transparency across the payment continuum; and,
  • Reduce administrative costs through workflow based automation and integration.



Community Data Sharing: Eight Recommendations From San Diego

A learning guide focuses on San Diego’s experience in building a community health information exchange and the realities of embarking on a broad community collaboration to achieve better data sharing.

HealthlinkNY’s Galanis to Step Down as CEO

Christina Galanis, who has served as president and CEO of HealthlinkNY for the past 13 years, will leave her position at the end of the year.

Email-Related Cyber Attacks a Top Concern for Providers

U.S. healthcare providers overwhelmingly rank email as the top source of a potential data breach, according to new research from email and data security company Mimecast and conducted by HIMSS Analytics.

Former Health IT Head in San Diego County Charged with Defrauding Provider out of $800K

The ex-health IT director at North County Health Services, a San Diego County-based healthcare service provider, has been charged with spearheading fraudulent operations that cost the organization $800,000.

Allscripts Touts 1 Billion API Shares in 2017

Officials from Chicago-based health IT vendor Allscripts have attested that the company has reached a new milestone— one billion application programming interface (API) data exchange transactions in 2017.

Dignity Health, CHI Merging to Form New Catholic Health System

Catholic Health Initiatives (CHI), based in Englewood, Colorado, and San Francisco-based Dignity Health officially announced they are merging and have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health system.