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Express Scripts began in 1986 in St. Louis County, Missouri as a result of a joint venture between a retail chain of more than 79 pharmacies (Medicare Glaser Inc.) and Sanus Corp. Health Systems. Sanus traces its history to Bradford Systems and Administrative Services which was founded in Boston in 1968.
Medco Health Solutions, Inc. was an American Pharmacy Benefits Management (PBM) company. Medco provided pharmacy services to private and public employers, health plans, labor unions, government agencies, and individuals served by Medicare Part D Prescription Drug Plans.
In 2012 Express Scripts acquired rival Medco Health Solutions for $29.1 billion and became "a powerhouse in managing prescription drug benefits". [42] As of 2015, Express Scripts Holding Company was the largest pharmacy benefit management organization in the United States.
Express Scripts (CI) announced a new electronic heath formulary, potentially transforming the way digital health solutions will be paid for in the near future, with an eye toward lowering costs.
The largest pharmacy benefit manager in the country, Express Scripts , has seen its shares fall under serious pressure since reporting earnings. To keep investors up to speed with the stock ...
One word sums up 2012 for pharmacy benefits manager Express Scripts . That word is "big." The company completed the biggest acquisition in its history by buying Medco Health Solutions.