McKesson Announces Intent to Acquire Emendo Ltd., a Leader in Patient Demand Forecasting Tools

  McKesson Announces Intent to Acquire Emendo Ltd., a Leader in Patient Demand
  Forecasting Tools

 Optimizing performance across health system is integral to McKesson’s Better
                             Health 2020 strategy

Business Wire

ATLANTA -- November 06, 2012

Today McKesson announced it has entered a definitive agreement to acquire
Emendo Ltd., whose CapPlan Predictive Capacity Planning solution equips
healthcare providers to optimize operational performance by intelligently
forecasting patient demand. CapPlan also supports clinicians in their delivery
of quality patient care by using a patient-centered, enterprise-wide view of
activity to make real-time adjustments for patient flow and staffed capacity
allocations.

A natural extension of the McKesson Enterprise Intelligence™ and Workforce
Management Solutions suites, CapPlan enables providers to direct and manage
capacity from the emergency department to admission to discharge. Combined,
these solutions allow organizations to proactively manage capacity across care
settings and take steps to significantly reduce costs and improve patient
experience, key goals of McKesson Technology Solutions’ Better Health 2020™
healthcare IT strategy.

“It’s estimated that there is more than $700 billion in waste across the U.S.
healthcare system,” said Chris Bauleke, president of Health Systems
Performance Management, McKesson Provider Technologies. “Much of that waste
results from inefficiencies that can be reduced with greater visibility to
patient flow and the use of capacity management solutions. In turn,
organizations can achieve better business results and also deliver
higher-quality care that’s more patient-centered.”

Bauleke noted that health systems can use capacity management solutions to
fine-tune staffing requirements, procedure scheduling and resource
utilization. “The potential savings and increased revenues from improved
management of staff and other key assets are especially attractive as pressure
mounts to reduce costs,” he said.

Unique in its ability to forecast future patient activity, CapPlan enables
health systems to allocate resources efficiently while identifying unnecessary
costs. By proactively managing clinician schedules and workloads, patient
flow, length of stay and discharges, providers can achieve measurable results.
For example, using CapPlan, a 400-bed hospital realized $895,000 savings for
inpatient areas and a 450-bed facility identified potential efficiency savings
exceeding $1 million in the first year of use.

“Our team has focused on the intricacies of the healthcare setting and how to
manage for sustained operational effectiveness,” explains Dave Tinkler, Emendo
chief executive officer. “We provide actionable intelligence that hospitals
and health systems use to manage their business operations on a day-to-day,
hour-by-hour basis – no matter what comes at them.”

Healthcare providers continue to adapt to demands of reform by focusing on
care quality and cost. Drawing on solutions and expertise across various
segments of healthcare, McKesson is well-positioned to help providers address
these challenges. “Our goal with Better Health 2020 is to equip providers for
success as they work to reduce costs, coordinate care across the ecosystem and
assume financial risk for patient populations,” noted Bauleke.

To deliver healthcare in 2020 and beyond, organizations will need to optimize
clinical, financial and operational performance. They must also coordinate
care across settings and stakeholders, navigate new payment models, and manage
technology assets to provide a solid foundation for growth beyond the four
walls of the health system. These critical success factors are the tenets of
Better Health 2020, which supports the use of information technology for
better business, better care and better connectivity.

About McKesson Corporation

McKesson Corporation, currently ranked 14th on the FORTUNE 500, is a
healthcare services and information technology company dedicated to making the
business of healthcare run better. We partner with payers, hospitals,
physician offices, pharmacies, pharmaceutical companies and others across the
spectrum of care to build healthier organizations that deliver better care to
patients in every setting. McKesson helps its customers improve their
financial, operational and clinical performance with solutions that include
pharmaceutical and medical-surgical supply management, healthcare information
technology, and business and clinical services. For more information, visit
http://www.mckesson.com.

About Emendo

Emendo’s CapPlan solution enables over 40 hospitals throughout New Zealand,
Australia, Canada and the UK to forecast patient demand and plan resourcing.
Emendo’s customers report operational efficiencies as well as significant
savings ranging from hundreds of thousands to millions of dollars per year. In
2009, the CapPlan implementation at Bedford NHS Trust in the United Kingdom
was named winner of the “Adopt, Adapt and Improve” category of the national
Health and Social Care Awards. Based in Christchurch, New Zealand, Emendo was
founded in 2002 by Nick Burns and Bart Visscher. For more information, visit
http://www.emendo.co.nz.

Contact:

McKesson
Yancey Casey, 404-338-2468
yancey.casey@mckesson.com
 
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