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Medco Health Solutions Business Intelligence Report 2008
Knowledge Source Inc., Oct 2008, Pages: 150
Medco Health Solutions (Medco) is the nation’s leading pharmacy benefit manager based on net revenues. Medco’s prescription drug benefit programs are designed to drive down the cost of pharmacy healthcare for private and public employers, health plans, labor unions and government agencies of all sizes, and for individuals served by the Medicare Part D Prescription Drug Program. In 2007, Medco administered approximately 560 million prescriptions, had net revenues in excess of $44 billion and net income of $912 million. Medco provides sophisticated traditional and specialty prescription drug benefit programs and services for its clients and members. Medco’s programs and services help control the cost and enhance the quality of prescription drug benefits. Medco accomplishes this by providing pharmacy benefit management services through its national networks of retail pharmacies and its own mail-order pharmacies, as well as through the Specialty Pharmacy segment, Accredo Health Group, which became the nation’s largest specialty pharmacy based on revenues with the 2005 acquisition of Accredo Health. In 2007, Medco introduced the Medco Therapeutic Resource Centers ® , staffed with hundreds of pharmacists who are trained and certified in specific complex and chronic conditions and have expertise in the associated medications. The therapeutic resource center for diabetes was augmented with the 2007 acquisition of PolyMedica Corporation, through which Medco became the largest diabetes pharmacy care practice based on covered patients.
Our BusIntell Report provides the information you need on Medco Health Solutions to gain an understanding of what makes the company one of the leading pharmacy benefit managers in the country. The BusIntell Report provides the following sections: Pharmacy Benefit Management Overview, Medicare Prescription Drug Plan Overview, Company Overview, Corporate Strategy, Strengths/Weaknesses, Internet Activities, Company Executives, Financial and Statistical Information, detailed Lines of Business, Customers and Sources.
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