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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.
According to the 2014 Express Scripts Drug Trend Report, [51] the most significant increase in prescription drugs in the United States in 2014 was due to "increased inflation and utilization of hepatitis C and compounded medications". [51] "Excluding those two therapy classes, overall drug spend would have increased only 6.4%. [51]
The Cigna Group is an American multinational managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental organizations ...
Express Scripts Holding Co on Tuesday announced a new drug reimbursement list with lower U.S. prices for brand-name medications, as a way to encourage drugmakers to move away from paying rebates ...
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.
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In 2012 Express Scripts acquired rival Medco Health Solutions for $29.1 billion and became "a powerhouse in managing prescription drug benefits". [35] As of 2015, Express Scripts Holding Company was the largest pharmacy benefit management organization in the United States. [36] with 2013 revenues of $104.62 billion. [37]
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 ...