Healthcare Innovation August 26, 2024
McKesson is paying $2.49 billion in cash for a controlling interest in Florida Cancer Specialists’ management services organization
McKesson Corp. has agreed to pay $2.49 billion in cash for a controlling interest in Community Oncology Revitalization Enterprise Ventures LLC (Core Ventures), a business and administrative services organization that was established by Florida Cancer Specialists & Research Institute, a physician-owned community oncology practice. FCS physicians will continue to retain a minority interest in Core Ventures.
Core Ventures provides operational and advisory support services to the nearly 100 FCS clinics throughout the state of Florida. It helps align the varied practice locations, ancillary services, and patient care across FCS service lines by providing enterprise-wide management services.
Irving, Texas-based McKesson will own...
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