McKesson Corporation (ticker: MCK, exchange: New York Stock Exchange (.N))
News Release -
McKesson and American Pharmacy Alliance Agree to Offer Omnilink Connectivity to Retail Pharmacies
More Than 11,000 Pharmacies Gain Ability to Access Centralized Pharmacy Application
SAN FRANCISCO--(BW HealthWire)--July 28, 1998--McKesson Corp.
(NYSE: MCK) and the American Pharmacy Alliance (APA), a consortium of
pharmacy software system providers, announced today that they have
signed an agreement under which APA will support its customer base of
retail pharmacies in connecting to McKesson's OmniLink(R) centralized
pharmacy information system.
OmniLink facilitates patient care enhancing and network
compliance programs. In addition, OmniLink enables online confirmation
of thousands of daily price updates and clarifies managed care
requirements, generating significant benefits for the pharmacist.
Through this agreement with the APA, McKesson's OmniLink pre- and
post-adjudication edits against third-party prescription submissions
will now be performed by the APA's members' systems before a claim is
submitted. This earlier processing of dispensings will result in even
greater efficiencies for pharmacies. In the last year alone, more than
65 million prescriptions were processed through McKesson's OmniLink
The APA is a joint venture founded by 16 leading pharmacy
computer companies that supply software and system support services to
over 11,000 (about 40%) of the nation's independent and small chain
pharmacies. The agreement between APA and McKesson enables pharmacies
using APA systems to connect and properly process data through
McKesson's OmniLink application.
"We are pleased to extend APA-member pharmacies the opportunity
to connect to OmniLink, a pharmacy application designed to increase
efficiency, reduce costs, and improve patient care," said Tom George,
McKesson's executive vice president, Customer Technology, and
president of McKesson Pharmacy Systems. "We are grateful to Bill Cobb,
executive board member, and Karl Steele, chief operating officer of
APA, for their extensive efforts which were key in the culmination of
"The pharmacy system companies of APA are excited to respond to
the requests of their pharmacy customers by supporting the OmniLink
program," Steele said. "By performing OmniLink's edits at an earlier
point in the dispensing process, APA and McKesson are able to provide
their pharmacies with even greater efficiencies in their processing of
dispensings. The results of these edits assist pharmacies in
maximizing benefits from the fulfillment and reimbursement process."
Richard Datz, McKesson's senior vice president, Pharmacy
Services, said, "This agreement is a true reflection of how the APA
and McKesson can work together to facilitate access to products and
services that are beneficial for our independent and small chain
pharmacy customers. APA-members who sign up for OmniLink also will be
able to access McKesson's Patient Care Enhancement Program and other
pharmacy services that help increase patient compliance."
Steele added, "This agreement is consistent with the APA's
objective to further the viability of community pharmacy by delivering
technology solutions that help expand their value to patients and the
health care delivery system."
The American Pharmacy Alliance, formed in 1996, is headquartered
in Lexington, Ky., and provides and manages access to beneficial
products and services for independent and small chain pharmacies,
their customers, and software vendors nationwide.
APA member companies include BSI Business Systems, CRX Pharmacy
Systems, Condor Corp., Cost Effective Computer Systems, Digital
Simplistics, Etreby Computer Company, Health Business Systems,
Interactive Systems & Management, MedE America, North American PACS,
PharmAssist, OmniSYS, Opus-Core Corp., QS/1 Data Systems, Transaction
Data Systems and VIP Computer Systems. More information about APA can
be obtained on the World Wide Web at: http://www.ameripharm.com.
McKesson Corp., a Fortune 100 company, is the leading health care
supply management company in North America through its U.S. Health
Care businesses; its Canadian subsidiary, Medis Health and
Pharmaceutical Services; and its interest in Mexico's Nadro. The
company also owns McKesson Water Products, one of the nation's largest
providers of bottled drinking water. More information about McKesson
can be obtained on the World Wide Web at: http://www.mckesson.com.
Except for the historical information contained herein, the
matters discussed in this press release may constitute forward-looking
statements that involve risks and uncertainties that could cause
actual results to differ materially from those projected. These
statements may be identified by their use of forward-looking
terminology such as "believes," "expects," "may," "should," "intends,"
"plans," "estimates," "anticipates" and similar words. Risks and
uncertainties include the speed of integration of acquired businesses,
impact of continued competitive pressures, success of strategic
initiatives, implementation of new technologies, continued industry
consolidation, changes in customer mix, changes in pharmaceutical
manufacturer's pricing and distribution policies, the changing U.S.
health care environment and other factors discussed from time to time
in reports filed by McKesson with the Securities and Exchange
Commission. The company assumes no obligation to update information
contained in this press release.
McKesson news releases are available at no charge through
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Larry Kurtz, 415/983-8418 (media)
Janet Bley, 415/983-9357 (investors)