Big drug distributor McKesson turned in much better than expected results on Thursday, surprising Wall Street with a 21 percent jump in net profits in the fourth quarter. The gain came largely as a result of increased drug sales. As IT fans know, the distributor is also in the business of providing healthcare IT solutions. The company's two healthcare IT divisions both showed improvement. Provider technologies and Software showed a 35 percent gain in sales. Hardware sales were up 10 percent.
For more on McKesson's Q4:
- see this
press release