For the quarter ended Sept. 30, McKesson reported $48.76 billion in revenue, compared to $44.16 billion for the same quarter the previous year.
However, gross profit for the second quarter 2016 slightly fell from $2.86 million last year to $2.84 million this year.
Overall, McKesson is pleased with its performance in the first six months of its fiscal year. “I am confident in the strength and scale of our global value proposition for our customers and our manufacturing partners, and I am excited about the opportunities across our diversified portfolio of businesses,” said John Hammergren, chairman and CEO of McKesson.
More articles on health IT:
Epic leads in interoperability, athenahealth launches ‘Let Doctors Be Doctors’, IBM reports falling revenues — 6 health IT key notes
Startup Insider: Procured Health
70% of EHRs have adopted ePA: 7 things to know
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.