In CoverMyMeds, Columbus finally got its $1B exit – here’s what it means for the region

Story excerpt provided by Columbus Business First.

Written by Carrie Ghose.

Ohio’s biggest-ever technology startup exit is by a company that promises to stick around.

CoverMyMeds LLC, whose behind-the-scenes software makes it easier to obtain insurance OKs on prescriptions, has agreed to be acquired by $191 billion health-care distributor McKesson Corp. in a deal worth $1.1 billion, plus another $270 million if it meets performance goals over the next two years.

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Originally published February 3, 2017.