- McKesson subsidiary McKesson Medical-Surgical plans to open a new distribution center in Roseville, California in mid-2018, Sacramento Business Journal reported.
- The facility will employ about 166 employees. McKesson expects to begin hiring this fall.
- Two smaller distribution centers already operating in the Sacramento area will be folded into the Roseville center.
McKesson ranks fifth on the Fortune 500 list of most successful American companies with $192.5 billion in 2016 revenue — a 6.2% gain over the previous year. The company employs about 70,000 workers worldwide.
Revenues for the fiscal 2018 first quarter, ended June 30, were $51.1 billion, up 3% from $49.7 billion a year ago. First-quarter GAAP earnings per diluted share from continuing operations were $1.44, down 50% year-over-year
News of the new distribution center comes as McKesson is scaling back its health IT business and focusing more resources on its growing drug distribution business. But med-surg remains a major focus, with market growth driving distribution and service revenues up 4% for the quarter.
In March, McKesson and revenue cycle management company Change Healthcare Holdings (CHC) announced plans to create a new healthcare technology company, Change Healthcare, that combines a majority of McKesson Technology Solutions with all of CHC. The new company’s end-to-end payment and claims solutions and clinical capabilities could be leveraged in areas like workflow, healthcare analytics and patient engagement.