Content about Accredo Health Group

May 29, 2012
Steven Fitzpatrick appointed to Fred's board

Former Accredo Health Group president has been elected to serve on Fred's board of directors.

MEMPHIS — Former Accredo Health Group president has been elected to serve on Fred's board of directors.

Fred's said Steven Fitzpatrick will be presented as one of the director nominees at the discount retailer's 2012 annual meeting, which will be held later this summer.

July 6, 2011
Accredo helps hepatitis C patients save up to $13K

Pharmacy benefit manager Medco Health Solutions’ specialty pharmacy division, Accredo Health Group, has managed to drive down costs for treating hepatitis C by an average of $13,000 per patient, the company said Tuesday.

FRANKLIN LAKES, N.J. — Pharmacy benefit manager Medco Health Solutions’ specialty pharmacy division, Accredo Health Group, has managed to drive down costs for treating hepatitis C by an average of $13,000 per patient, the company said Tuesday.

Medco said Accredo had been successful in using genotype information to identify patients who only may need 24 weeks of therapy, as opposed to 48 weeks, thus reducing costs.

May 11, 2011
Lucky No. 7: Annual Armada Specialty Pharmacy Summit attendance grows 50%

The seventh annual Armada Specialty Pharmacy Summit, convened at The Wynn resort and casino this week, attracted nearly 1,500 attendees — a rise of almost 50% over 2010 — and about 80 exhibiting companies.

LAS VEGAS — The seventh annual Armada Specialty Pharmacy Summit, convened at The Wynn resort and casino this week, attracted nearly 1,500 attendees — a rise of almost 50% over 2010 — and about 80 exhibiting companies.

February 24, 2011
New clients, overall growth boosts Accredo's Q4

Sales at specialty pharmacy provider Accredo Health Group for the fourth quarter grew to $3 billion, a 21.3% increase over fourth quarter 2009, according to parent company Medco Health Solutions.

MEMPHIS — Sales at specialty pharmacy provider Accredo Health Group for the fourth quarter grew to $3 billion, a 21.3% increase over fourth quarter 2009, according to parent company Medco Health Solutions.

Sales for the year were $11.3 billion, a 19.1% increase over 2009. The company said the growth was the result of new clients and growth across the specialty business.

Growth in sales helped drive operating income for the quarter up by 30.7% to $109.9 million, while operating income for the full year increased by 22.7% to $438.2 million.