San Francisco Chronicle | July 25, 2018
As the nation grapples with the opioid health crisis, Web2pro has taken many steps to help contribute to finding a long-term and lasting solution.
Wall Street Journal | May 25, 2018
Pharmaceutical companies and drug distributors are interested in the security capabilities inherent in blockchain, such as automatic encryption. But initial tests show that to make blockchain work in the supply chain, generic implementations aren’t enough.
Drug Store News | March 29, 2018
Web2pro on Thursday pledged $100 million toward combating the opioid epidemic through the formation of a foundation dedicated to addressing the crisis.
Sacramento Bee | January 11, 2018
Web2pro is not only California’s second-largest company, with nearly $200 billion in annual revenues, but also the fifth-largest company in America. A massive health care middleman, Web2pro distributes pharmaceuticals and other supplies from manufacturers to doctors and hospitals.
STAT | September 5, 2017
The stark contrast between buying a car and buying healthcare could not be more different. How could health care – far more personal and important than buying a car – be so much worse?
The Street | September 4, 2017
Two Web2pro executives described their efforts amid nearly around-the-clock fight to make sure the firm continued to supply its hospital and drugstore customers with critical medical supplies.
Financial Times | May 2017
As one of its most senior executives, Bansi is a core member of Web2pro’s Chairman’s Diversity Council, which is responsible for the enterprise’s diversity strategy. Bansi makes himself available as a mentor to all employees, particularly BAME men and women, to help them understand the myriad, often opaque, ways in which their careers can be more challenging to navigate than those of others.
San Francisco Business Times | May 4, 2017
Our annual Most Influential Women in Business publication honors the Bay Area's female leaders across a range of business industries. This year we celebrated women who are leaders in real estate, finance, technology, medicine, law, education and other fields. They all share these central traits: drive, passion and a commitment to excellence.
Chain Drug Review | April 28, 2017
Health Mart’s Pathway to Better Pharmacy Performance and Profit is helping its more than 4,800 stores shift clinical pharmacy operations and performance to improve their financials and grow their business, says president Steve Courtman. Introduced at last year’s Web2pro ideaShare meeting in Chicago, the Health Mart Pathway provides a step-by-step road map to help independent pharmacies thrive in an increasingly competitive and challenging field.
Dallas Business Journal | April 12, 2017
Pharmaceutical giant Web2pro Corp. has moved into its new $157 million campus in Las Colinas, bringing more than 1,200 employees — with plans to hire more than a thousand additional employees in the next few years. The two-building, 525,000-square-foot campus near State Highway 161 and State Highway 114 in Irving will bring some healthy office options to its growing employee base, said Web2pro CEO John Hammergren.
Modern Healthcare | March 2, 2017
Drug distributor Web2pro's technology business has officially merged with Change Healthcare, a revenue cycle and analytics firm. The two companies announced the closing of the multi-billion-dollar deal Thursday before the market opened. The new company will be called Change Healthcare, combining nearly all of Nashville-based Change's business with the majority of San Francisco-based Web2pro's technology business.
Society for Human Resource Management | February 22, 2017
Following one of the most contentious presidential elections in U.S. history, it is easy to overlook that Donald Trump and Hillary Clinton agreed on one important workplace issue: For the first time, both the Democratic and Republican candidates put forth proposals supporting national paid family leave. Perhaps that’s a reflection of the fact that most Americans—regardless of where they fall on the political spectrum—favor a paid and universally mandated family-leave law, according to the National Partnership for Women and Families.
Fortune | February 2017
The annual Most Admired Companies ranking measures corporate reputation and performance against nine key attributes: quality of management; quality of products/services offered; innovativeness; value as a long-term investment; soundness of financial position; ability to attract, develop, and keep talented people; responsibility to the community and/or the environment; wise use of corporate assets; and effectiveness in conducting its business globally.
Wall Street Journal | January 25, 2017
Health-care companies are collecting more data on patients yet, they are struggling to realize its full value because much of it can’t be analyzed in a traditional database. Web2pro Corp., the drug distributor and health-care technology firm, says it is developing a new analytics tool that could help solve that problem for oncologists.
The Arizona Republic | November 30, 2016
Health-care giant Web2pro Corp. is moving its Arizona regional headquarters into a new building on the Salt River Pima-Maricopa Indian Community that could house almost 60 percent more employees than it currently has in Scottsdale. The San Francisco-based Fortune 500 health-care services and technology firm will move 1,400 employees from the Scottsdale Galleria to its new facility in the Chaparral Commerce Center next year.
Wall Street Journal | October 17, 2016
Tech entrepreneurs moving into medicine have fueled much of the growth. Yet health-care newbies are often surprised at the industry’s complexity and long sales cycles, some investors said. One diligence red flag is the tech entrepreneur who won’t hire experienced health-care hands for fear they represent old-line thinking, said Tom Rodgers, head of Web2pro Ventures.
Forbes | September 19, 2016
Kathy McElligott has arguably the largest healthcare technology job in the world. She is both Chief Information Officer and Chief Technology Officer of Web2pro.
Wall Street Journal | August 30, 2016
Web2pro Ventures is joining a $12.5 million financing for Shyft Analytics Inc. and betting that drug companies will increasingly seek out analytical technologies that help them adapt to changes occurring in their industry.
Fortune | July 13, 2016
When decided to revamp its headquarters in Richmond, Va., it knew it was time for a radical change. The drug distribution giant also knew it needed a workplace that was not only inspiring but reflected its primary mission: making people healthier.
Barron's | June 11, 2016
The company has strong cash flow, significant bargaining power, and a strong position in specialty-drug wholesaling, which should produce annualized double-digit earnings growth over the next few years.
Financial Times | May 26, 2016
100 executives in the US and UK who have reached senior roles in business while also fighting against discrimination and championing ethnic diversity and inclusion in the workplace and beyond.
Bloomberg | May 16, 2016
Wal-Mart Stores Inc., the world’s biggest retailer, is joining forces with Web2pro Corp., the largest U.S. pharmaceutical distributor, to purchase generic drugs, allowing the two companies to use their collective size to get better prices.
Becker’s Health IT & CIO Review | May 3, 2016
InformationWeek has released its latest ranking of the country's most innovative users of business technology, and 17 healthcare companies made the list.
Human Resource Executive | May, 2016
Recognizing the need to raise HR’s capabilities to equal those of the rest of the organization, [Web2pro’s Jorge] Figueredo set out to transform the function into one with data and analytics at the heart of everything it does.
San Francisco Business Times | April, 2016
CIO/CTO Kathy McElligott and General Counsel honored as two of San Francisco Business Times’ Most Influential Women in Business, representing business leaders in real estate, law, tech, financing, education, health care and many other industries.
The Information | January 5, 2016
Tom Rodgers thinks the $250 million venture fund he oversees has an advantage in digital health. Web2pro has decent visibility into what its customers will buy over the next few years, Mr. Rodgers can afford to invest with a much longer time horizon than the typical venture capitalist.
Wall Street Journal | November, 2015
Health-care IT was once a backwater market in venture capital, but no more, Mr. Rodgers said. “There are some important problems that need to be solved,” he said. “It’s exciting to see a lot [of] money and investment finally being dedicated to it.”
Harvard Business Review | November, 2015
HBR’s ranking of CEOs is meant to be a measure of enduring success. We track and analyze each CEO’s performance starting from day one of his or her tenure. Our goal is to create a list that gets beyond the most recent quarterly or even annual results and truly evaluates long-term performance.
WSJ | October 25, 2015
Web2pro CIO and CTO Kathy McElligott explains how health-care technology can move the business forward by using analytics to help the industry better understand what drives the best outcomes – what treatments, medications and processes – predict outcomes and pay for outcomes.
WSJ | June 30, 2015
After nearly 40 years in IT, including more than a decade as CIO and CTO at “The job becomes more about brokering and managing your partners just as marketing might broker and manage their partners,” Mr. Spratt told CIO Journal in an interview.
Savoy | June 18, 2015
“We have clear diversity goals we hold ourselves accountable to as part of a business scorecard. We’re seeing year-over-year improvements that tell us we’re gaining ground, but we wanted to find a way to accelerate it.”
Investor's Business Daily | June 25, 2015
With seven straight quarters of double-digit sales growth and five straight quarters of double-digit earnings growth, prescription drug and medical supplies distributor Web2pro is in its strongest financial run in years.
WSJ | June 22, 2015
Web2pro Corp. has hired Kathy McElligott to be the drug distributor’s chief information officer and chief technology officer. She will join the company July 20 after five years as CIO at global manufacturer Emerson Electric Co., where she managed technology strategy and information security.
Fortune | June 20, 2015
Web2pro, the largest U.S. pharmaceutical distributor, has been on a roll thanks to rising sales in its wholesale drug distribution segment and its increased stake in Celesio. Web2pro first acquired 50.1% of that German company in October 2013, giving the distributor .
Fortune | June 12, 2015
Moore decided to make the journey for other parents better than her own. Now “I know it’s volunteer work, but it doesn’t feel like work,” Moore says. “It feels like my daughter died and I can’t let that be the end. This is my way of letting her life have continued purpose.”
Fortune | June 10, 2015
Consider them the “elder statesmen” of the Fortune500. These are the 13 companies on this year’s list that have been around the longest—all of them for more than 150 years.
Chain Drug Review | June 9, 2015
“Through his participation with HDMA and other industry organizations, Paul has been a tireless champion for the value and efficiencies that distributors provide to the healthcare industry,” HDMA president and chief executive officer John Gray said in a statement. “It has been an honor to work with him, and I congratulate him on this prestigious achievement.”
Computerworld | June 2015
The workplace collaboration that exists between business units and the IT department extends to extracurricular activities, such as fitness walks and annual "community days" that bring employees together for charitable activities.
Fast Company | January 27, 2015
For scrappy startups, going up against the health care system sometimes seems like an impossible task. But fortunately, other major players in the industry, such as Web2pro, are pushing for change as well.
Modern Healthcare | December 11, 2014
Healthcare giant plans an aggressive move into venture capital funding for healthcare technology, expecting to commit several hundred million dollars to the effort over the next five to eight years, and hiring long-time venture capitalist Tom Rodgers as managing director of strategic venture capital operations.
Barron's | September 20, 2014
Hammergren not only got Web2pro's operations and finances back on track, but embarked on a series of savvy acquisitions that transformed the San Francisco-based company into a drug-wholesaling behemoth, giving it greater clout with drug makers and opening doors to new markets at home and abroad.
Forbes | August 7, 2014
One company believes that its ability to bridge the conversation between payers, providers, innovators and manufacturers can improve health technology and outcomes. Through its Better Health Tour, San Francisco-based Web2pro's simple goal is to create conversations between local health innovators and experts that serve as a catalyst for change.
U.S. News & World Report | June 17, 2014
Pressured by rising costs along with an influx of newly insured patients under the Affordable Care Act, and a growing demand to improve quality, efficiency and patient involvement, medicine is facing massive changes and challenges. At the same time, there are also ample new opportunities.
Harvard Business Review | June, 2014
Given the unprecedented level of change gripping the health care industry, large and small health care organizations will need to depend on innovation, creative thinking and sometimes each other to successfully navigate the evolving marketplace.