Content about Medco Health Solutions

March 16, 2012

Pills for treating cancer have created numerous alternatives to spending hours in a clinic or at home receiving chemotherapy infusions, but risks of drug interactions remain, according to a new survey by the research arm of pharmacy benefit manager Medco Health Solutions.

WASHINGTON — Pills for treating cancer have created numerous alternatives to spending hours in a clinic or at home receiving chemotherapy infusions, but risks of drug interactions remain, according to a new survey by the research arm of pharmacy benefit manager Medco Health Solutions.

February 27, 2012

Comments made by Express Scripts president and CEO George Paz after the pharmacy benefit manager's earnings call last week has garnered some attention from a coalition that is looking to stop the merger between ESI and fellow PBM Medco Health Solutions.

WASHINGTON — Comments made by Express Scripts CEO George Paz after the pharmacy benefit manager's earnings call last week has garnered some attention from a coalition that is looking to stop the merger between ESI and fellow PBM Medco Health Solutions.

February 17, 2012

Multibillion-dollar pharmacy benefit management companies are advertising aggressively to try to convince Congress and the Federal Trade Commission to approve a merger between Express Scripts and Medco Health Solutions

Multibillion-dollar pharmacy benefit management companies are advertising aggressively to try to convince Congress and the Federal Trade Commission to approve a merger between Express Scripts and Medco Health Solutions (“PCMA launches advertising campaign,Drug Store News, Jan. 17).

February 15, 2012

Pharmacy benefit manager Medco Health Solutions has launched a medical benefit management program that it said would help control spending on specialty drugs, the company said.

FRANKLIN LAKES, N.J. — Pharmacy benefit manager Medco Health Solutions has launched a medical benefit management program that it said would help control spending on specialty drugs, the company said.

February 13, 2012
Multibillion-dollar pharmacy benefit management companies are advertising aggressively to try to convince Congress and the Federal Trade Commission to approve a merger between Express Scripts and Medco Health Solution.

Multibillion-dollar pharmacy benefit management companies are advertising aggressively to try to convince Congress and the Federal Trade Commission to approve a merger between Express Scripts and Medco Health Solutions (“PCMA launches advertising campaign,” Drug Store News, Jan. 17).

February 10, 2012

Bloomberg on Friday reported that Express Scripts intends to inform the Federal Trade Commission that the company has delivered all the data requested regarding its purchase of Medco Health Solutions on Friday, which will trigger a 30-day period for a decision from the FTC.

NEW YORK — Bloomberg on Friday reported that Express Scripts intends to inform the Federal Trade Commission that the company has delivered all the data requested regarding its purchase of Medco Health Solutions on Friday, which will trigger a 30-day period for a decision from the FTC.

Express Scripts declined to comment for the story, Bloomberg added.

January 30, 2012

Will the merger of Express Scripts and Medco go through? Not if pharmacy lobbyists can stop it. There’s nothing new about the fact that different industry groups connected with retail pharmacy or health care can hold strongly opposing views about what’s good or profitable for their own members. But for undisguised hostility and tit-for-tat charges and countercharges, nothing comes close to the long-running feud between independent pharmacy and the pharmacy benefits management industry.

Will the merger of Express Scripts and Medco go through? Not if pharmacy lobbyists can stop it. There’s nothing new about the fact that different industry groups connected with retail pharmacy or health care can hold strongly opposing views about what’s good or profitable for their own members. But for undisguised hostility and tit-for-tat charges and countercharges, nothing comes close to the long-running feud between independent pharmacy and the pharmacy benefits management industry.

January 17, 2012

The main lobby representing pharmacy benefit managers is launching an advertising campaign amid scrutiny the industry has received lately from the public and lawmakers.

WASHINGTON — The main lobby representing pharmacy benefit managers is launching an advertising campaign amid scrutiny the industry has received lately from the public and lawmakers.

The Pharmaceutical Care Management Association announced Tuesday the launch of its new "That's What PBMs Do" ad campaign, which includes print and video ads that focus on what the PCMA called PBMs' role in reducing pharmacy costs, Medicare Part D and mail-order pharmacy.

December 22, 2011

In the wake of a key Senate subcommittee hearing this month, and on the heels of the collapse of the blockbuster AT&T and T-Mobile merger, four more U.S. lawmakers have joined the growing ranks of consumer groups, members of Congress and employers questioning the proposed mega-merger of pharmacy benefit managers Express Scripts and Medco Health Solutions.

ALEXANDRIA, Va. — In the wake of a key Senate subcommittee hearing this month, and on the heels of the collapse of the blockbuster AT&T and T-Mobile merger, four more U.S. lawmakers have joined the growing ranks of consumer groups, members of Congress and employers questioning the proposed mega-merger of pharmacy benefit managers Express Scripts and Medco Health Solutions.
 

December 9, 2011

Preserve Community Pharmacy Access Now — a coalition of consumers, businesses and community-based pharmacists banded together for the purpose of opposing the planned merger between Express Scripts and Medco Health Solutions — on Thursday responded to testimony provided by George Paz, Express Scripts CEO, before the Senate Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights hearing held Tuesday.

WASHINGTON — Preserve Community Pharmacy Access Now — a coalition of consumers, businesses and community-based pharmacists banded together for the purpose of opposing the planned merger between Express Scripts and Medco Health Solutions — on Thursday responded to testimony provided by George Paz, Express Scripts CEO, before the Senate Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights hearing held Tuesday.

December 6, 2011

George Paz, Express Scripts chairman and CEO, and David Snow, Medco Health Solutions chairman and CEO, were in a pair of hot seats Tuesday afternoon before the Senate Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights.

WASHINGTON — George Paz, Express Scripts chairman and CEO, and David Snow, Medco Health Solutions chairman and CEO, were in a pair of hot seats Tuesday afternoon before the Senate Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights. Many of the questions posed by Senators on the subcommittee challenged the respective chief executives on how the proposed merger would negatively impact retail pharmacy and how the proposed merger would result in a dominant marketshare of the mail order pharmacy business.

December 5, 2011

With annual sales gaining on the $8 billion mark in the United States alone, according to IMS Health, Lipitor (atorvastatin) is the top-selling drug in the world, and the price markdown that Ranbaxy Labs’ launch (and subsequent generic launches) will bring, greatly will expand its accessibility. So it’s no surprise that it has attracted so much media attention over the past few weeks.

WHAT IT MEANS AND WHY IT'S IMPORTANT — With annual sales gaining on the $8 billion mark in the United States alone, according to IMS Health, Lipitor (atorvastatin) is the top-selling drug in the world, and the price markdown that Ranbaxy Labs’ launch (and subsequent generic launches) will bring, greatly will expand its accessibility. So it’s no surprise that it has attracted so much media attention over the past few weeks.

November 28, 2011

The merger between pharmacy benefit managers Express Scripts and Medco Health Solutions "could bring an end to community-based pharmacies and the convenient services provided there," according to the Pennsylvania Pharmacy Council.

CAMP HILL, Pa. — The merger between pharmacy benefit managers Express Scripts and Medco Health Solutions "could bring an end to community-based pharmacies and the convenient services provided there," according to the Pennsylvania Pharmacy Council.

November 11, 2011

In an 8-K filing earlier this week, Walgreens broke down its Express Scripts business and challenged many assertions that have been made regarding contract negotiations with Express Scripts.

DEERFIELD, Ill. — In an 8-K filing earlier this week, Walgreens broke down its Express Scripts business and challenged many assertions that have been made regarding contract negotiations with Express Scripts. The overarching theme of the filing suggested Express Scripts has little to gain without Walgreens within the pharmacy network fold but much to lose.

November 3, 2011

At a press conference organized by the Preserve Community Pharmacy Access NOW! coalition at the Capitol on Thursday morning, the National Community Pharmacists Association's CEO Douglas Hoey issued a statement regarding the proposed merger of pharmacy benefit managers Express Scripts and Medco Health Solutions, saying the deal could mean "more wasteful mail-order spending and higher price spikes for specialty drugs."

WASHINGTON — At a press conference organized by the Preserve Community Pharmacy Access NOW! coalition at the Capitol on Thursday morning, the National Community Pharmacists Association's CEO Douglas Hoey issued a statement regarding the proposed merger of pharmacy benefit managers Express Scripts and Medco Health Solutions, saying the deal could mean "more wasteful mail-order spending and higher price spikes for specialty drugs."

November 1, 2011

The Preserve Community Pharmacy Access NOW! coalition will be traveling to the nation's capital on Thursday to urge Congress and the Federal Trade Commission to support patient care and oppose the planned merger between Express Scripts and Medco Health Solutions, the coalition announced Monday.

WASHINGTON — The Preserve Community Pharmacy Access NOW! coalition will be traveling to the nation's capital on Thursday to urge Congress and the Federal Trade Commission to support patient care and oppose the planned merger between Express Scripts and Medco Health Solutions, the coalition announced Monday.

October 26, 2011

The Preserve Community Pharmacy Access NOW! coalition, which is a coalition of consumers, businesses and community-based pharmacists from across the country that have come together to oppose the planned mega-merger of Express Scripts and Medco Health Solutions, has issued a call to action to protect Americans from rising costs and decreased access to health care by stopping the planned merger of the PBMs.

WASHINGTON — The Preserve Community Pharmacy Access NOW! coalition, which is a coalition of consumers, businesses and community-based pharmacists from across the country that have come together to oppose the planned mega-merger of Express Scripts and Medco Health Solutions, has issued a call to action to protect Americans from rising costs and decreased access to health care by stopping the planned merger of the PBMs.

October 26, 2011

Diplomat Specialty Pharmacy has appointed Jeanne Ann Stasny as VP pharmacy services, the company said Wednesday.

FLINT, Mich. — Diplomat Specialty Pharmacy has appointed Jeanne Ann Stasny as VP pharmacy services, the company said Wednesday.

October 24, 2011

A number of members of Congress have raised questions about the proposed merger between pharmacy benefit managers Express Scripts and Medco Health Solutions, prompting a lobbying group that represents independent pharmacies and opposes the merger to highlight the matter.

ALEXANDRIA, Va. — A number of members of Congress have raised questions about the proposed merger between pharmacy benefit managers Express Scripts and Medco Health Solutions, prompting a lobbying group that represents independent pharmacies and opposes the merger to highlight the matter.

October 19, 2011

The Preserve Community Pharmacy Access NOW! coalition on Wednesday announced its opposition to the proposed merger between Express Scripts and Medco Health Solutions.

WASHINGTON — The Preserve Community Pharmacy Access NOW! coalition on Wednesday announced its opposition to the proposed merger between Express Scripts and Medco Health Solutions.

"The merger between two of these middlemen, which could go into effect as soon as early 2012, would create a mega-pharmacy benefit management company with excessive control over the health care of tens-of-millions of Americans. This would limit our access to and choice of pharmacies," the coalition stated.

October 11, 2011

At press time, the industry was weighing the potential merger of pharmacy benefit manager rivals Express Scripts and Medco Health Solutions, but executives at CVS Caremark remain more confident than ever that its PBM business is ideally positioned to “effectively compete."


At press time, the industry was weighing the potential merger of pharmacy benefit manager rivals Express Scripts and Medco Health Solutions, but executives at CVS Caremark remain more confident than ever that its PBM business is ideally positioned to “effectively compete,” regardless of what federal trade regulators decide for ESI-Medco. And there’s good reason why.


September 9, 2011

Lawmakers should oppose the proposed mega-merger of pharmacy benefit managers Express Scripts and Medco Health Solutions, the National Community Pharmacists Association again told Congress members during a House subcommittee hearing held Friday.

ALEXANDRIA, Va. — Lawmakers should oppose the proposed mega-merger of pharmacy benefit managers Express Scripts and Medco Health Solutions, the National Community Pharmacists Association again told Congress members during a House subcommittee hearing held Friday.

September 8, 2011

Bills proposed in Pennsylvania's state legislature would allow patients to have their prescriptions filled through mail-order and at community pharmacies for the same price.

PHILADELPHIA — Bills proposed in Pennsylvania's state legislature would allow patients to have their prescriptions filled through mail-order and at community pharmacies for the same price.

House Bill 511 and Senate Bill 211, which promoters said are designed to give a "booster shot" to local pharmacies and save jobs, are the latest episode in what appears to be a growing battle between pharmacy benefit managers and retail pharmacies.

September 6, 2011

The proposed merger between pharmacy benefit managers Express Scripts and Medco Health Solutions hit a speed bump Friday as the Federal Trade Commission requested additional information, indicating that the agency has raised antitrust concerns.

NEW YORK — The proposed merger between pharmacy benefit managers Express Scripts and Medco Health Solutions hit a speed bump Friday as the Federal Trade Commission requested additional information, indicating that the deal has raised antitrust concerns among regulators.

August 22, 2011

The Independent Specialty Pharmacy Coalition is urging the Federal Trade Commission to look into the pending merger between pharmacy benefit managers Express Scripts and Medco Health Solutions, the ISPC said Monday.

WASHINGTON — The Independent Specialty Pharmacy Coalition is urging the Federal Trade Commission to look into the pending merger between pharmacy benefit managers Express Scripts and Medco Health Solutions, the ISPC said Monday.