In a completely unexpected move, Express Scripts has agreed to buy Medco Health Solutions. The merger is being reviewed by the (FTC) Federal Trade Commission. Both companies believe they can successfully work through the regulatory approval process.
Both companies market specialized management strategies to enhance the ability of pharmaceutical providers to sell drugs to grouped individuals. Services include retail network pharmacy management, retail drug card programs, home delivered pharmaceuticals, specialty pharmacy service, patient care contact stations, benefit plan design and consultation, drug formulary management, electronic claims processing, and more.
The companies help individuals in groups formed by health management organizations, health insurers, third party administrators, employers, union sponsored benefit plans, workers compensation plans, and government health programs, to get their prescriptions filled.
Express Scripts is headquartered in St. Louis Missouri. Medco Health Solutions is located in Franklin Lakes New Jersey. Large scale in the pharmacy management industry translates to increased revenues. Both companies have a history of enhancing consumer access to medications and providing real choices.
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