Content about the Express

February 10, 2012
Rival PBMs plan to take advantage over last month of Express Scripts-Medco uncertainty

The regulatory review of the Express Scripts-Medco merger now is in its final stages, and with the clock ticking down to that 30-day deadline, you can expect a full court-press from retail pharmacy interests looking to block the deal.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The regulatory review of the Express Scripts-Medco merger now is in its final stages, and with the clock ticking down to that 30-day deadline, you can expect a full court-press from retail pharmacy interests looking to block the deal. The time for the three-point finesse shots from the corners of the court has passed, it's now time to charge the net and jam the message home; an Express Scripts-Medco merger is bad both for the retail pharmacy business and for consumers. However, it just might be good for CVS Caremark.

January 10, 2012
Coalition of consumer groups opposes ESI-Medco merger

A coalition of consumer groups on Tuesday joined its collective voice to the number of constituents opposing the Express Scripts-Medco merger in a letter to the Federal Trade Commission, according to a report filed by Reuters.

WASHINGTON — A coalition of consumer groups on Tuesday joined its collective voice to the number of constituents opposing the Express Scripts-Medco merger in a letter to the Federal Trade Commission, according to a report filed by Reuters.

December 21, 2011
Walgreens steadfast in its resolve to move on without Express Scripts

As Walgreens girds itself for life outside of the Express Scripts pharmacy network, company executives, over the course of a Wednesday morning first-quarter conference call, continued to maintain that they, along with healthcare payers and employers, will be better off for it.

DEERFIELD, Ill. — As Walgreens girds itself for life outside of the Express Scripts pharmacy network, company executives, over the course of a Wednesday morning first-quarter conference call, continued to maintain that they, along with healthcare payers and employers, will be better off for it.

November 16, 2011
To analysts: Walgreens investors will have something to be thankful for next year

Walgreens took to the road the week before Thanksgiving to talk turkey with analysts on why Walgreens is a good bet going into 2012, even if the pharmacy won't be participating in the Express Scripts pharmacy network this coming year.

NEW YORK — Walgreens took to the road the week before Thanksgiving to talk turkey with analysts on why Walgreens is a good bet going into 2012, even if the pharmacy won't be participating in the Express Scripts pharmacy network this coming year.

November 14, 2011
Walgreens, three PBMs launch ad campaign warning of networks without Walgreens

Walgreens on Friday joined with three pharmacy benefit managers — Altius Health Plans, Coventry Health Care and HealthAmerica — for an awareness campaign to educate employers on the benefits of a pharmacy network that includes Walgreens.

BOISE, Idaho — Walgreens on Friday joined with three pharmacy benefit managers — Altius Health Plans, Coventry Health Care and HealthAmerica — for an awareness campaign to educate employers on the benefits of a pharmacy network that includes Walgreens.

October 19, 2011
Preliminary injunctive relief denied in WAG/ESI dispute

According to a statement issued by Walgreens Wednesday morning, the arbitrator in the Express Scripts/Walgreens suit issued a ruling Sunday denying the parties’ requests for preliminary injunctive relief.

DEERFIELD, Ill. — According to a statement issued by Walgreens Wednesday morning, the arbitrator in the Express Scripts/Walgreens suit issued a ruling Sunday denying the parties’ requests for preliminary injunctive relief.

The arbitrator will consider the underlying merits of the parties’ claims at a future date, Walgreens reported.

September 27, 2011
Walgreens outlines impact scenarios from Express Scripts withdrawal

Walgreens mitigated projected repercussions out of the chain's withdrawal from the Express Scripts pharmacy network come January, as the Walgreens/Express Scripts failed negotiations again dominated the pharmacy's quarterly analyst call Tuesday morning.

DEERFIELD, Ill. — Walgreens mitigated projected repercussions out of the chain's withdrawal from the Express Scripts pharmacy network come January, as the Walgreens/Express Scripts failed negotiations again dominated the pharmacy's quarterly analyst call Tuesday morning. All told, Express Scripts represents $5.3 billion in revenue to Walgreens, but the Chicago-based pharmacy is working toward retaining the prescription business from several employers and payers, "consistent with their contractual obligations," executives emphasized.

June 21, 2011
Walgreens to walk away from Express Scripts in 2012

Walgreens on Tuesday announced the company no longer will participate in the Express Scripts network beginning Jan. 1, 2012, citing unsuccessful renewal negotiations.

DEERFIELD, Ill. — Walgreens on Tuesday announced the company no longer will participate in the Express Scripts network beginning Jan. 1, 2012, citing unsuccessful renewal negotiations.