McKesson Corp. will stop development of its Horizon Enterprise Revenue Management product and invest $1 billion over the next two years in research and develop of its other products. Some of that money will go toward enhancing its Paragon clinical/financial hospital information system to be the "go-forward" product for hospitals of all sizes.

The investment in Paragon will be "dramatic," according to a McKesson spokesperson, as the company is shifting its strategy to build advanced applications to be delivered on the Paragon platform. Paragon customers typically are hospitals with fewer than 300 beds, though several larger facilities are using the product.

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