Express Scripts, Inc. is the nation's leading full-service pharmacy benefit management ("PBM") company. The Company coordinates the distribution of outpatient pharmaceuticals through a combination of benefit management services, including retail drug card programs, Home Delivery services, formulary management programs and other clinical management programs.
The company also distributes a full range of injectible biopharmaceutical products directly to patients or their physicians, and provide extensive cost-management and patient-care services. Clients include health maintenance organizations, health insurers, employers, union-sponsored benefit plans, third-party administrators, workers’ compensation and governmental health programs.
The company handles more than a billion prescriptions each year for tens of millions of patients.
Express Scripts reported revenues of $104.0 billion in 2013, an 11% increase, and net income of $1.89 billion. 97.9% of the company's revenue came form Pharmacy Benefit Management operations.
History
The company was established in 1986 and
went public in 1982.
1998:
Acquired ValueRX from Columbia/HCA.
1999:
Acquired Diversified Pharmaceutical Services from SmithKline
Beecham.
2002:
Acquired NPA, a privately held Pharmacy Benefit Manager.
2004:
Acquired CuraScript, one of the largest specialty pharmacy companies.
2012: Acquired Medco Health Solutions for $29.1 billion.
Benefits
- 401(k)
- Basic and Supplemental Life Insurance
- Dental
- Employee Assistance Program
- Employee Stock Purchase
- Flexible Spending Accounts
- Health
- Holiday Pay
- Prescription Drug Benefits
- Short- and Long-term Disability Coverage
- Tuition Assistance
- Vacation and Sick Time
Updated July 29, 2014