McKesson Expands Integrated Pharmacy Services for Specialty Clinics

IRVING, Texas, March 16, 2021 — McKesson Corporation, a global healthcare company, announces a new collaboration with Vanderbilt Health Rx Solutions (VHRxS), a national leader in specialty pharmacy strategy and implementation, to offer VHRxS’s full suite of specialty pharmacy consulting services to McKesson’s health system clients. This new, specialized offering from VHRxS will complement the experience of McKesson, which has offered industry-leading pharmacy services for more than 40 years, by bringing the expertise of VHRxS, which was founded by Vanderbilt University Medical Center to advance the mission of health systems specialty pharmacies nationwide.

The new service will offer customized specialty pharmacy services and growth strategies to hospitals and health systems in every phase of their maturity. VHRxS’s portfolio of robust specialty pharmacy consulting services will help health systems improve patient and provider satisfaction while creating new revenue streams by fully integrating pharmacy services into specialty clinics.

Scott Miller, president of McKesson Health Systems shares, “Our teams work closely with customers to understand their challenges and this was a clear need for health systems addressing their specialty pharmacy capabilities. Along with our existing portfolio of services and solutions, this is one more way customers can achieve more for their hospitals and patients by creating new or strengthening existing revenue streams.”

McKesson’s pharmacy leaders and the VHRxS team of experienced, hands-on advisors understand the needs and challenges of health system specialty pharmacies. The teams have deep experience working with health systems in all stages of growth, from developing and implementing initial specialty pharmacy growth strategies to optimizing existing operations to reach the next level.

Jim Hayman, president of VHRxS and Chief Pharmacy Officer at Vanderbilt Health states, “By collaborating with McKesson, we can better extend our expertise as a leading health system-based specialty pharmacy provider to help our peers. We know from experience that investing in your specialty pharmacy operations boosts patient and provider satisfaction, which reaps seen and unseen benefits many times over.”

The VHRxS consulting services will be customized to meet the needs of each health system as they address their own unique challenges and look to create sustainable specialty pharmacy programs, including:

• Opportunity assessments
• Strategic planning and guidance
• Operating model design and implementation
• Pharmacy accreditation support
• Facility and workflow design
• Access strategies for limited distribution drugs and payer networks

About McKesson Corporation

McKesson Corporation is a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information solutions. McKesson partners with pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare to help provide the right medicines, medical products and healthcare services to the right patients at the right time, safely and cost-effectively. United by our ICARE shared principles, our employees work every day to innovate and deliver opportunities that make our customers and partners more successful – all for the better health of patients. McKesson has been named a “Most Admired Company” in the healthcare wholesaler category by FORTUNE, a “Best Place to Work” by the Human Rights Campaign Foundation, and a top military-friendly company by Military Friendly. For more information, visit www.mckesson.com.

About Vanderbilt Health Rx Solutions

Vanderbilt Health Rx Solutions (VHRxS) is a national specialty pharmacy strategy and management company founded and operated by Vanderbilt University Medical Center (VUMC), Middle Tennessee’s largest private employer and the largest academic medical center in the Mid-South with over 2.5 million patient encounters annually. VHRxS uniquely and effectively addresses the specialty pharmacy needs of companies, hospitals and health systems through building patient-centered, clinically integrated specialty pharmacy programs in collaboration with health system clients and leading employers. Founded on VUMC’s historic global leadership in clinical pharmacology, best-in-class specialty pharmacy operations and employee health plan performance, VHRxS draws on years of hands-on experience creating and executing specialty pharmacy strategies to help clients build successful programs of their own. VHRxS meets employer and health system peers where they are, with proven operational practices that will take specialty pharmacy programs to the next level of performance. Learn more at VanderbiltHealthRxSolutions.com.