Following the close of an antitrust investigation into their merger, McKesson and Change Healthcare have revealed the name of and branding decision behind their combined tech company.
The name of the organization will be Change Healthcare. The logo and visual identity of the company will be completely reinvented, but won't be released in their entirety until the transaction closes.
"After a thorough evaluation of potential names as well as customer and legal input, we came to the conclusion that 'Change Healthcare' best articulates the new company's mission," said McKesson CEO John Hammergren. "It speaks directly to our clients who share our vision for a better healthcare systems, and it reinforces the ambitions and spirit of our new company, our great potential and our transformative role in healthcare."
Last June, the two companies revealed plans to combine McKesson's IT business unit with Change Healthcare's businesses to create a new company focused on healthcare technology and technology enabled services.
The merger remains subject to certain closing conditions. It's expected to close in the first half of this year.