EXPRESS SCRIPTS

Express Rx Prior Authorization Form Express Scripts Prescription Status Express Scripts Prescription Request Express Scripts Contact Number Express Scripts Claim Forms Express Scripts Pharmacy Express Scripts Fax Form Express Scripts Medco




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  1. Express Scripts - Mail order pharmacy.
  2. Express Scripts - Pharmacy benefits manager provides members with the capability to refill prescriptions on-line, check an order status, and research drug and health information.
  3. Express Scripts - A specialty pharmaceutical business with administrative, pharmacy, and customer service operations throughout the United States and Canada. Includes company profile and formulary, research and investor information.
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    Express Scripts


    Express Scripts Holding Company
    Type Public
    S&P 500 Component
    Traded as NASDAQESRX
    Industry Healthcare
    Pharmaceuticals
    Founded St. Louis County, Missouri (1986)
    Headquarters Cool Valley, Missouri, U.S.
    Key people George Paz, President and CEO
    Matthew Harper, Interim Chief Financial Officer[1]
    Products Prescription Benefit Management, Specialty Prescription Management
    Revenue $94.4167 billion US$ (2012)[2]
    Net income Increase $1.3129 billion US$ (2012)[2]
    Employees 30,215 (2012)[3]
    Subsidiaries Accredo, Curascript, UBC
    Website express-scripts.com/

    Express Scripts Holding Company is a Fortune 100 company as of 2013, the 24th-largest in the United States[2] and is the largest pharmacy benefit management (PBM) organization in the United States, with 2012 revenues of 93.8 billion.[4]

    Headquartered in Cool Valley, Missouri in Greater St. Louis, Express Scripts provides integrated pharmacy benefit management services including network-pharmacy claims processing; home delivery pharmacy services; specialty pharmacy benefit management, through its subsidiary Accredo; benefit-design consultation; drug-utilization review; formulary management; and medical and drug data analysis services to manage drug plans for health plans, self-insured employers and government agencies (both as administrator of employee benefits and public assistance programs). One of their largest clients is the United States Department of Defense's Tricare program.[5]

    Express Scripts also offers pharmacy benefit management services for workers' compensation insurance programs. The program is accredited by URAC, the nation's largest accrediting body for healthcare.

    The company processes pharmaceutical claims annually for members through a network of retail pharmacies. Its own automated pharmacies dispense long-term, chronic medications-like those for diabetes or heart disease-directly to members via home delivery.[4]


    Express Scripts History


    Express Scripts began in 1986 in St. Louis, 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. Express Scripts was purchased by New York Life Insurance Company in 1989 and became a publicly traded company in 1992. In 1993, Express Scripts signed on both FHP International Corp. and Maxicare Health Care and corporate clients Lockheed Corp., Service Merchandise Co., and Ingersoll-Rand Co.[6] In 1994, the company expanded its services by adding workers’ compensation prescription services and reinsurance.[6] In 1994, the company announced a two-for-one stock split and in 1996, established Express Scripts Canada. The same year, the company began the annual Drug Trend Report and launched the Outcomes Symposium Conference.[7]

    In April 1998, Express Scripts Inc. acquired ValueRx, the PBM business of Columbia/HCA Healthcare Corp.[6] The following year, in April 1999, the company purchased Diversified Pharmaceutical Services from SmithKline Beecham Corp for $700 million.[6] That same year, the company purchased stock in [PlanetRx.com].[6] This partnership offered members options for purchasing prescriptions and over-the-counter health products online.[6]

    In 2000, the company had to write off its $165 million relationship with PlanetRx.com when the startup experienced financial difficulties.[6] In 2001, Express Scripts Inc. partnered with Merck-Medco and Advance PSC to form RxHub LLC.[6]

    In late December 2006, Express Scripts made a proposal to purchase Caremark. Express Scripts lost the race to acquire Caremark to CVS Corporation, which became CVS/Caremark Corporation on March 22, 2007.[8]

    In October 2007, Express Scripts acquired ConnectYourCare, and now handles FSA, HRA and HSA accounts for companies such as Suntrust, Zions Bancorporation and Allegis.[9] However, Express Scripts divested ConnectYourCare in August 2012.[10][11]

    On April 13, 2009 it was announced that Indianapolis based WellPoint had reached a definitive agreement under which Saint Louis based Express Scripts purchased WellPoint's NextRx subsidiaries for $4.675 billion.[12] Express Scripts, the United States third largest PBM, closed the transaction in December 2009.[13]

    In April 2012, Express Scripts completed a $29.1 billion acquisition of Medco Health Solutions.[14] The Federal Trade Commission gave formal approval on April 2, 2012 after an anti-trust investigation.[14] The acquisition positioned Express Scripts Holding Co. as the largest pharmacy benefit manager, filling 1.4 billion annual prescriptions.[14]

    Express Scripts has 30,000 employees worldwide.[15] Most employees in the Cool Valley area are located in its new 220,000-square-foot building. Two other buildings for employees exist, along with a Technology Innovation Center, which houses a pharmacy. The company plans expansion to add another 1,500 employees over the next five years contingent on state and local tax incentives, with the new building a $56 million project that could start later in 2013, and be completed by early 2015.[15][16]


    Express Scripts Drug Trend Report


    Published annually since 1993, the Express Scripts Drug Trend Report provides detailed analysis of prescription drug costs and utilization.[6][17] Now a web-based version, the Drug Trend Report is developed and published by the Express Scripts Research & New Solutions Lab with contributors from researchers, clinicians and others.[18] This type of research is designed to understand consumer behavior relative to healthcare benefits in order to drive out pharmacy-related waste.[19][20]


    Express Scripts Health Decision Science


    Health science is the study of how people make decisions, and how to help them make better ones. Upon the merger of Express Scripts and Medco Health Solutions, the company came up with its own approach to understand its members health concerns, which it has dubbed Health Decision Science. This involves looking at three scientific disciplines: behavioral science or “consumerology”, clinical specialization, and actionable data.[21][22][23] Because of their position between pharmacies and health care plans, Express Scripts sees 1.4 billion prescriptions a year, and they use this information as part of their research data to create better solutions for clients and patients.[24][25][26][27][28]


    Express Scripts Controversy



    Express Scripts Fraud allegations

    On August 4, 2004, New York State Attorney General Eliot Spitzer filed a lawsuit against Express Scripts alleging that the company had kept tens of millions of dollars in drug rebates owed to the state. The suit was filed in the New York Supreme Court in Albany County.[29] The lawsuit further claimed that Express Scripts had overstated the cost benefits of switching to certain preferred medications. In 2008 the company settled the lawsuit, agreeing to pay $9.3 million to Pennsylvania and 28 other states to resolve claims of deceptive business practices. As part of the settlement, the company also agreed to change its business practices and pay up to $200,000 in reimbursement to patients.[30]


    Express Scripts Information breach

    In October 2008, the St. Louis headquarters received an anonymous letter that contained sensitive information about 75 members.[31] The extortionist stated that they would release more of similar records if the company failed to pay an unspecified amount of money. A consumer class action lawsuit against Express Scripts was brought on by John Amburgy, a Missouri man, who accused the company of negligence in protecting customer records. The case was dismissed when Amburgy failed to show how he was directly affected by the breach.[32]


    Express Scripts References


    1. ^ "Express Scripts loses CFO, beats forecasts, boosts full-year outlook". Retrieved 11/20/13. 
    2. ^ a b c "Express Scripts Holding". Fortune. 2013. 
    3. ^ Express Scripts Holding Company, Yahoo! Finance
    4. ^ a b "EXPRESS SCRIPTS HOLDING COMPANY FORM 10-K". Retrieved 11/20/13. 
    5. ^ http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9ODY0MTV8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1
    6. ^ a b c d e f g h i "Express Scripts Inc.". Retrieved 11/20/13. 
    7. ^ "Investor Relations - Express-Scripts.com - Corporate Milestones". Phx.corporate-ir.net. Retrieved September 29, 2012. 
    8. ^ "Express Scripts makes $26 billion bid for Caremark". Retrieved 11/20/13. 
    9. ^ "Express Scripts divesting ConnectYourCare unit". Retrieved 11/20/13. 
    10. ^ "EXPRESS SCRIPTS HOLDING COMPANY FORM 8-K". Retrieved 11/20/13. 
    11. ^ "Express Scripts divesting ConnectYourCare unit". Retrieved 11/20/13. 
    12. ^ "Express Scripts 2009 10-K". Retrieved 2011-02-19. 
    13. ^ "Express Scripts plans to add 1,500 jobs in north St. Louis County". St. Louis Post-Dispatch. June 20, 2013. 
    14. ^ a b c "Express Scripts First-Quarter Net Rose 39%, Helped by Acquisition". Retrieved 11/20/13. 
    15. ^ a b "Express Scripts plans to add 1,500 jobs in north St. Louis County". Retrieved 11/20/13. 
    16. ^ "Express Scripts plans to add 1,500 jobs in north St. Louis County". St. Louis Post-Dispatch. June 20, 2013. 
    17. ^ "Generics brought down common drug prices in 2012: Express Scripts". Retrieved 11/20/13. 
    18. ^ "Spending on Basic Prescriptions Decreases". Retrieved 11/20/13. 
    19. ^ "U.S. Drug Costs Dropped in 2012, but Rises Loom". Retrieved 11/20/13. 
    20. ^ "Drug Trend Report". Retrieved 11/20/13. 
    21. ^ "Alabama among most wasteful states in medical spending". Retrieved 11/20/13. 
    22. ^ "Numbers, Numbers and More Numbers". Retrieved 11/20/13. 
    23. ^ "Health Decision Science". Retrieved 11/20/13. 
    24. ^ "How Big Data Can Catch Oxycontin Abusers and Bad Docs". Retrieved 11/20/13. 
    25. ^ "Collaboration may improve medication adherence". Retrieved 11/20/13. 
    26. ^ "Not taking your medication, or taking waaay too much? The data knows …". Retrieved 11/20/13. 
    27. ^ "Patient engagement's obstacle: human nature". Retrieved 11/20/13. 
    28. ^ "Does Medication Waste Cost The U.S. $418 Billion?". Retrieved 11/20/13. 
    29. ^ Raksha Shetty (2004-08-04). "Drug Benefit Company Accused of Fraud". Cbsnews.com. Retrieved 2011-02-19. 
    30. ^ "Pennsylvania Attorney General Corbett Announces Multi-State Settlement With Express Sc... (HARRISBURG Pa. May 27 - One of ...)". Bio-medicine.org. 2008-05-27. Retrieved 2011-02-19. 
    31. ^ Vamosi, R. (2008, November 6). "Extortion used in express scripts database breach".
    32. ^ Vijayan, J. (2009, December 3). "No harm, no foul, says judge in express script data breach case"

    Express Scripts External links




    Express Rx Prior Authorization Form Express Scripts Prescription Status Express Scripts Prescription Request Express Scripts Contact Number Express Scripts Claim Forms Express Scripts Pharmacy Express Scripts Fax Form Express Scripts Medco

    | Express Rx Prior Authorization Form | Express Scripts Prescription Status | Express Scripts Prescription Request | Express Scripts Contact Number | Express Scripts Claim Forms | Express Scripts Pharmacy | Express Scripts Fax Form | Express Scripts Medco | Express_Scripts | Hollywood_Script_Express | St._Louis_County,_Missouri | Medco_Health_Solutions | Cool_Valley,_Missouri | Greater_St._Louis | FXScript | St._Louis | Archon_X_Prize | Pharmacy_benefit_management | Seymour_G._Sternberg | Prime_Therapeutics | CVS_Caremark | WellPoint | Walgreens | Maryland_Heights,_Missouri | Liberty_Medical | SIUE_School_of_Pharmacy | Whitestown,_Indiana | National_Action_Network

    Copyright:
    Dieser Artikel basiert auf dem Artikel http://en.wikipedia.org/wiki/Express_Scripts aus der freien Enzyklopaedie http://en.wikipedia.org bzw. http://www.wikipedia.org und steht unter der Doppellizenz GNU-Lizenz fuer freie Dokumentation und Creative Commons CC-BY-SA 3.0 Unported. In der Wikipedia ist eine Liste der Autoren unter http://en.wikipedia.org/w/index.php?title=Express_Scripts&action=history verfuegbar. Alle Angaben ohne Gewähr.

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