Medco Health Solutions
Vault's Scoop
ABOUT THIS COMPANY:
No.-1 PBMMedco Health Solutions, the leading pharmacy benefits manager (PBM) in the U.S., was formed in August 2003 through a spin-off from parent company Merck, the global pharmaceutical powerhouse. Over the years, Medco has built up an impressive risumi, boasting the nation's largest mail-order pharmacy operations and providing pharmaceutical care for nearly one in four Americans through its 1,680 health plan and employer clients, many of which have been brought over from its ties to Merck. Additionally, Medco's web site is one of the nation's leading Internet sites, and the Joint Commission on Accreditation of Healthcare Organizations gave the company a perfect score of 100 regarding its mail-order business. J.D. Power and Associates has also ranked Medco highest in overall customer satisfaction for PBM services four years in a row. Medco employs over 13,000 people, including 2,000 pharmacists, and reels in an average of $29 billion annually in revenue.
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