SECURITIES AND EXCHANGE COMMISSION 
                           Washington, D.C. 20549 
  
                           ______________________ 
  
                                   FORM 8-K
                                CURRENT REPORT
  
                      Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934
  
                                  May 3, 1999
                               (Date of Report) 
  
                                April 28, 1999
                      (Date of earliest event reported) 
  
  
                             McKESSON HBOC, INC. 
              (Exact name of registrant as specified in charter) 
  
  
           Delaware                    1-13252               94-3207296 
 (State or other jurisdiction  (Commission File Number)   (IRS Employer 
     of incorporation)                                   Identification No.) 
  
  
 McKesson Plaza 
 One Post Street 
 San Francisco, CA                                            94104 
 (Address of principal executive offices)                  (Zip Code) 
  
  
  
  
     Registrant's telephone number, including area code (415) 983-8300 



 Item 5.  Other Events 
  
      We are filing this Current Report on Form 8-K to make generally
 available certain information regarding the Registrant. 
  
      On April 28, 1998, the Registrant restated its revenues and earnings
 for its fourth fiscal quarter ended March 31, 1999 and for its fiscal year. 
 A copy of the press release announcing those results is set forth in
 Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated
 by reference herein. 
  
 Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits 
  
      (c)  Exhibits 
  
           99.1 Press Release issued by the Registrant on April 28, 1999 

                                 SIGNATURE 
  
           Pursuant to the requirements of the Securities Exchange Act of
 1934, the registrant has duly caused this report to be signed on its behalf
 by the undersigned hereunto duly authorized. 
  
  
                                           McKESSON HBOC, INC. 
                                           (Registrant) 
  
  
  
 Date: May 3, 1999                  By:   /s/ Richard H. Hawkins        
                                         -----------------------------------
                                    Name:   Richard H. Hawkins 
                                    Title:  Executive Vice President and  
                                            Chief Financial Officer



                               EXHIBIT INDEX 
  
 Exhibit No.         Title 
  
 99.1           Press Release issued by the Registrant on April 28, 1999
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2734}]
{"company-data": {"conformed-name": "MCKESSON HBOC INC", "cik": "0000927653", "assigned-sic": "5122", "irs-number": "943207296", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13252", "film-number": "99608609"}, "business-address": {"street1": "ONE POST ST", "street2": "MCKESSON PLAZA", "city": "SAN FRANCISCO", "state": "CA", "zip": "94104", "phone": "4159838300"}, "mail-address": {"street1": "ONE POST ST", "city": "SAN FRANCISCO", "state": "CA", "zip": "94104"}, "former-company": [{"former-conformed-name": "MCKESSON CORP", "date-changed": "19950209"}, {"former-conformed-name": "SP VENTURES INC", "date-changed": "19940728"}]}
SECURITIES AND EXCHANGE COMMISSION 
                           Washington, D.C. 20549 
  
                           ______________________ 
  
                                   FORM 8-K
                                CURRENT REPORT
  
                      Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934
  
                                  May 3, 1999
                               (Date of Report) 
  
                                April 28, 1999
                      (Date of earliest event reported) 
  
  
                             McKESSON HBOC, INC. 
              (Exact name of registrant as specified in charter) 
  
  
           Delaware                    1-13252               94-3207296 
 (State or other jurisdiction  (Commission File Number)   (IRS Employer 
     of incorporation)                                   Identification No.) 
  
  
 McKesson Plaza 
 One Post Street 
 San Francisco, CA                                            94104 
 (Address of principal executive offices)                  (Zip Code) 
  
  
  
  
     Registrant's telephone number, including area code (415) 983-8300 

 Item 5.  Other Events 
  
      We are filing this Current Report on Form 8-K to make generally
 available certain information regarding the Registrant. 
  
      On April 28, 1998, the Registrant restated its revenues and earnings
 for its fourth fiscal quarter ended March 31, 1999 and for its fiscal year. 
 A copy of the press release announcing those results is set forth in
 Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated
 by reference herein. 
  
 Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits 
  
      (c)  Exhibits 
  
           99.1 Press Release issued by the Registrant on April 28, 1999 

                                 SIGNATURE 
  
           Pursuant to the requirements of the Securities Exchange Act of
 1934, the registrant has duly caused this report to be signed on its behalf
 by the undersigned hereunto duly authorized. 
  
  
                                           McKESSON HBOC, INC. 
                                           (Registrant) 
  
  
  
 Date: May 3, 1999                  By:   /s/ Richard H. Hawkins        
                                         -----------------------------------
                                    Name:   Richard H. Hawkins 
                                    Title:  Executive Vice President and  
                                            Chief Financial Officer

                               EXHIBIT INDEX 
  
 Exhibit No.         Title 
  
 99.1           Press Release issued by the Registrant on April 28, 1999