Acquiring Pathology Laboratory Billing Expertise, McKesson Buys MED3000, Parent of PSAPath

Positioning itself to serve accountable care organizations, McKesson agrees to buy a company specializing in medical billing and physician practice management

McKesson Corporation (NYSE:MCK) announced an agreement to acquire MED3000 of Pittsburgh, Pennsylvania, earlier this week. One aspect of this transaction will be of particular interest to anatomic pathologists and pathology practice administrators.

When it closes the sale, McKesson’s ownership of MED3000 will increase its overall national market share of pathology billing and collection contracts. Dark Daily readers may recall that McKesson and MED3000 each have a sizeable number of anatomic pathology laboratories and groups as clients for their billing and collections business divisions. (more…)