Healthcare informatics firm McKesson has inked a deal to acquire fellow healthcare informatics provider Per-Se Technologies for $1.8 billion.
The addition of Per-Se will build scale and strengthen customer relationships in existing McKesson businesses serving hospitals, physicians, and pharmacies, according to San Francisco-based McKesson. In addition, Per-Se's electronic pharmacy network connects approximately 90% of U.S. retail pharmacies to other business partners, and its customer base includes approximately 100,000 physicians in small practices, 17,000 hospital-affiliated physicians, 3,000 hospitals, and 50,000 retail pharmacies, McKesson said.
Under the deal, McKesson will acquire all of Alpharetta, GA-based Per-Se's outstanding shares for $28 per share in cash. Including Per-Se's outstanding debt, the transaction is valued at approximately $1.8 billion, according to McKesson.
The acquisition is expected to close in the first quarter of 2007. The deal is expected to be neutral to marginally dilutive to McKesson's earnings per share (EPS) in fiscal 2008, and accretive thereafter.
By AuntMinnie.com staff writers
November 6, 2006
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