During the corresponding time, Express Scripts Holding Co. recorded a revenue increase by 3.56 % year on year, sequentially revenue fell by -0.31 %. While revenue at the Express Scripts Holding Co.'s corporate clients
Express Scripts Holding Co.'s Comment on Sales, Marketing and Customers
We are a provider of PBM services to several market segments. Our clients include
managed care organizations, health insurers, third-party administrators, employers,
union-sponsored benefit plans, workers’ compensation plans and government
health programs. We also provide specialty services to customers, which include
managed care organizations, health insurers, third-party administrators, employers,
union-sponsored benefit plans, government health programs, office-based oncologists,
renal dialysis clinics, ambulatory surgery centers, primary care physicians,
retina specialists and others.
On July 21, 2011 Medco announced that its pharmacy benefit services agreement
with UnitedHealth Group would not be renewed, although it continued to provide
service under an agreement which expired on December 31, 2012. A transition
agreement was in place throughout 2013, during which time patients moved in
tranches off of the Medco platform.
In December 2009, ESI completed the purchase of 100% of the shares and equity
interests of certain subsidiaries of WellPoint, Inc. (“WellPoint”)
that provide pharmacy benefit management services (“NextRx” or the
“NextRx PBM Business”). ESI also entered into a 10-year contract
under which ESI provides pharmacy benefits management services to members of
the affiliated health plans of WellPoint (the “PBM agreement”).
Subsequent to this acquisition, we integrated NextRx’s PBM clients into
our existing systems and operations.
Express Scripts provides pharmacy network services and home delivery and specialty
pharmacy services to the United States Department of Defense (“DoD”).
The DoD’s TRICARE Pharmacy Program is the military healthcare program
serving active-duty service members, National Guard and Reserve members, and
retirees, as well as their dependents. Under the contract, we provide online
claims adjudication, home delivery services, specialty pharmacy clinical services,
claims processing and contact center support, and other services critical to
managing pharmacy trend.
Express Scripts Holding Co.’s Comment on Sales, Marketing and Customers
We are a provider of PBM services to several market segments. Our clients include
managed care organizations, health insurers, third-party administrators, employers,
union-sponsored benefit plans, workers’ compensation plans and government
health programs. We also provide specialty services to customers, which include
managed care organizations, health insurers, third-party administrators, employers,
union-sponsored benefit plans, government health programs, office-based oncologists,
renal dialysis clinics, ambulatory surgery centers, primary care physicians,
retina specialists and others.
On July 21, 2011 Medco announced that its pharmacy benefit services agreement
with UnitedHealth Group would not be renewed, although it continued to provide
service under an agreement which expired on December 31, 2012. A transition
agreement was in place throughout 2013, during which time patients moved in
tranches off of the Medco platform.
In December 2009, ESI completed the purchase of 100% of the shares and equity
interests of certain subsidiaries of WellPoint, Inc. (“WellPoint”)
that provide pharmacy benefit management services (“NextRx” or the
“NextRx PBM Business”). ESI also entered into a 10-year contract
under which ESI provides pharmacy benefits management services to members of
the affiliated health plans of WellPoint (the “PBM agreement”).
Subsequent to this acquisition, we integrated NextRx’s PBM clients into
our existing systems and operations.
Express Scripts provides pharmacy network services and home delivery and specialty
pharmacy services to the United States Department of Defense (“DoD”).
The DoD’s TRICARE Pharmacy Program is the military healthcare program
serving active-duty service members, National Guard and Reserve members, and
retirees, as well as their dependents. Under the contract, we provide online
claims adjudication, home delivery services, specialty pharmacy clinical services,
claims processing and contact center support, and other services critical to
managing pharmacy trend.
Sources:
Express Scripts Holding Co.’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Express Scripts Holding Co.’s corporate clients.
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