McKesson's subsidiary inks mgmt services deal with Calif. provider

MED3OOO, a McKesson company, and Pioneer Medical Group have signed a definitive agreement to jointly own and operate a new advanced management services joint venture.

MED3OOO was recently acquired by McKesson and operates as part of McKesson Revenue Management Solutions. 

The joint venture will offer physician group management, operations (including revenue cycle management), administration, hosted technology solutions, data warehousing and third-party administrative services and sophisticated data management for provider groups and networks, employers and hospitals. The Pioneer Medical Group is the initial customer of the venture.

Pioneer Medical Group, based in Cerritos, Calif., includes 45 multi-specialty physicians with offices in Bellflower, Cerritos, Downey, Lakewood, Long Beach, Los Alamitos, and South Gate--all located in California.