Express Scripts Holding Co.  (ESRX)
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Express Scripts Holding Co.

Business Description

Express Scripts Holding Co. is a healthcare company that is engaged in providing integrated pharmacy benefit management services to clients across the United States. It is one of the largest pharmacy benefit management companies in the country and has a network of approximately 83 million members.

The company was founded in 1986 and is headquartered in St. Louis, Missouri. It was initially a subsidiary of a medical services company called Intermed, but it became a standalone company in 199 Since then, it has grown through acquisitions, partnerships, and expansion into new markets.

Express Scripts Holding Co. primarily operates through three segments: pharmacy benefit management (PBM), specialty pharmacy, and other healthcare services. The PBM segment provides a range of services, including formulary management, clinical programs, and data analytics. Its specialty pharmacy segment focuses on the delivery of drugs for chronic or complex medical conditions, such as cancer and multiple sclerosis. In addition, the company also provides various healthcare services, such as medication adherence programs and telemedicine services.

The company*s clients include employers, health plans, government health programs, and individuals. It works with a wide range of healthcare providers, including retail pharmacies, mail-order pharmacies, and specialty pharmacies.

One of the key strengths of Express Scripts Holding Co. is its data analytics capabilities. The company has a vast database of healthcare information and uses advanced data analytics to provide insights and improve patient outcomes. It also leverages technology solutions to improve the pharmacy experience for its clients and their members.

Another strength of the company is its commitment to sustainability and social responsibility. It has implemented various initiatives to reduce its environmental footprint and support the communities in which it operates.

In 2018, Express Scripts Holding Co. was acquired by Cigna Corporation, a global health services company. The acquisition has merged the two companies* strengths and resources and has created a more comprehensive and integrated healthcare offering for clients and members.

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