PSS World Medical Inc - Running head: PSS WORLD MEDICAL...

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Running head:PSS WORLD MEDICAL INC. BUSINESS STRATEGIC PLAN1PSS World Medical Inc. Business Strategic PlanShatari WilburnBUS/475June 20, 2015Heike Soeffker-Culicerto
Running head:PSS WORLD MEDICAL INC. BUSINESS STRATEGIC PLAN2Executive SummaryPSS World Medical, Inc. (PSSI) is a distributor of medical products and equipment,pharmaceutical products, healthcare information technology and billing services to alternate-sitehealthcare providers, including physician offices, long-term care and assisted living facilities,home healthcare and hospice providers. The company has forty full service distribution centersstrategically located to efficiently serve all 50 states throughout the U.S. They operate in twobusiness segments: The Physician Business and Elder Care Business (Gulf South MedicalSupply). The Elder Care Business which is operated under the name Gulf South Medical Supply,is a national distributor of medical supplies and related products and solutions to the long-termand elder care industry. They sell supplies to nursing care facilities, home care and hospiceindustries, and assisted living. Through the Elder Care Business they also offer to be the providerof Medicare Part B billing services, either on a fee-for-service or full-assignment basis andMedicaid Billing services to the assisted living market. As a company, we wanted to expand thebusiness to the doctors and to nursing homes as well.On February 22, 2013, McKessonCorporation announced that it completed the acquisition of PSS World Medical, Inc. for a totalpurchase price of approximately $2.1 billion, acquiring all outstanding shares of PSS WorldMedical for $29.00 per share in cash. The transition with McKesson, this would ensure that theexpansion of wanting to reach the doctors and the nursing homes would reach multiple medicaldistribution sectors.Although the company has remained successful but there are always roomfor growth and improvement. One of our core goals is to increase the sales of medical productsto doctors and nursing homes which will bring more revenue to the company. There are manycompetitors out there and in order to remain successful. So we will be implementing a new
Running head:PSS WORLD MEDICAL INC. BUSINESS STRATEGIC PLAN3business strategic plan to make improvements as soon as possible by creating a new portfoliowhich is the new advanced skin and wound care products.
Running head:PSS WORLD MEDICAL INC. BUSINESS STRATEGIC PLAN4PSS World Medical Inc. Business Strategic PlanMcKesson Medical-Surgical has launched a comprehensive advanced skin and woundcare portfolio with complimentary business and clinical support. McKesson Brands’ advancedskin and wound care solutions range from the THERA™ Advanced Skin Care line to anassortment of advanced wound care products, including the addition of silicone adhesive foamdressings. McKesson Medical-Surgical has also created educational tools in connection with the

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Term
Spring
Professor
LESSOR
Tags
McKesson, business strategic plan, PSS WORLD MEDICAL INC, pss world

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