FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * PEAD PHILIP M   2. Issuer Name and Ticker or Trading Symbol PER SE TECHNOLOGIES INC [PSTI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman, CEO & President (Last) (First) (Middle) 3. Date of Earliest Transaction (Month/Day/Year) 01/26/2007 (Street)   4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common stock 01/26/2007   D   242,895 D (1) 0 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock option	$ 16.125	01/26/2007		D			33,333	(2)	04/25/2008	Common stock	33,333	$ 0	0	D
Stock option	$ 27.1875	01/26/2007		D			8,333	(2)	07/28/2007	Common stock	8,333	$ 0	0	D
Stock option	$ 29.343	01/26/2007		D			33,333	(2)	04/15/2009	Common stock	33,333	$ 0	0	D
Stock option	$ 16.59	01/26/2007		D			13,333	(2)	07/28/2009	Common stock	13,333	$ 0	0	D
Stock option	$ 9.1875	01/26/2007		D			75,000	(2)	10/29/2009	Common stock	75,000	$ 0	0	D
Stock option	$ 10.875	01/26/2007		D			33,333	(2)	07/29/2010	Common stock	33,333	$ 0	0	D
Stock option	$ 8.7188	01/26/2007		D			33,333	(2)	10/21/2010	Common Stock	33,333	$ 0	0	D
Stock option	$ 7.625	01/26/2007		D			100,000	(2)	01/20/2011	Common stock	100,000	$ 0	0	D
Stock option	$ 6	01/26/2007		D			271,667	(2)	03/07/2012	Common stock	271,667	$ 0	0	D
Stock option	$ 6.72	01/26/2007		D			291,667	(2)	03/07/2012	Common stock	291,667	$ 0	0	D
Stock option	$ 7.53	01/26/2007		D			291,666	(2)	03/07/2012	Common stock	291,666	$ 0	0	D
Stock option	$ 12.7	01/26/2007		D			83,334	(2)	05/18/2007	Common stock	83,334	$ 0	0	D
Stock option	$ 13.97	01/26/2007		D			83,333	(2)	05/18/2015	Common stock	83,333	$ 0	0	D
Stock option	$ 15.37	01/26/2007		D			83,333	(2)	05/18/2015	Common stock	83,333	$ 0	0	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
PEAD PHILIP M	X		Chairman, CEO & President

Signatures

Philip M. Pead		01/30/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Pursuant to a merger between issuer and McKesson Corporation, each service based RSU (totaling 18,904 issuer shares) and each DSU (totaling 17,948 issuer shares) was assumed by McKesson and replaced with McKesson common stock in an amount equal to the number of underlying issuer common shares multiplied by .50053629 (the ratio of $28 to $55.94, the closing price of McKesson stock on the date of closing). Performance RSUs were doubled on the day of the merger for meeting a performance goal. Pursuant to the merger, each performance based RSU was cancelled in exchange for $28 cash for each share of issuer common stock underlying the RSU (76,762 issuer shares were Performance RSUs). Number of shares disposed also includes 966 shares that were held in reporting persons 401(k) plan and which were disposed in the merger at $28 per share. The remaining 128,315 shares held directly were exchanged for $28 in cash.
(2)	Pursuant to a merger between the issuer and McKesson Corporation, each option was cancelled in exchange for cash equal to $28 less the exercise price multiplied by the number of shares subject to each option grant.

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