Profile: Express Scripts Holding Co (ESRX.O)
25 May 2017
Express Scripts Holding Company, incorporated on July 15, 2011, is a pharmacy benefit management (PBM) company. The Company is engaged in providing healthcare management and administration services to its clients, including managed care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers' compensation plans and government health programs. The Company operates through two segments: PBM and Other Business Operations. The PBM segment includes its integrated PBM operations and specialty pharmacy operations. Its Other Business Operations segment includes its subsidiary, United BioSource Corporation (UBC), and its specialty distribution operations.
Pharmacy Benefit Management
The Company's PBM segment involves management of prescription drug utilization to drive pharmaceutical care. The Company focuses its solutions in various areas, including benefit choices, drug choices, pharmacy choices and health choices. Its integrated PBM services include clinical solutions, Express Scripts SafeGuardRx, specialized pharmacy care, home delivery pharmacy services, specialty pharmacy services, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management, Medicare, Medicaid and Public Exchange offerings, administration of a group purchasing organization, and consumer health and drug information. As of December 31, 2016, its United States PBM segment operated four high-volume automated dispensing home delivery pharmacies, one non-automated dispensing home delivery pharmacy, several non-dispensing order processing centers, patient contact centers, specialty drug pharmacies and fertility pharmacies, and one non-dispensing home delivery pharmacy maintained for business continuity purposes.
Other Business Operations
The Other Business Operations segment consists of its subsidiaries CuraScript Specialty Distribution and UBC. CuraScript Specialty Distribution distributes pharmaceuticals and medical supplies (including injectable and infusible pharmaceuticals and medications to treat specialty and rare/orphan diseases) to healthcare providers, clinics and hospitals in the United States for office or clinic administration. CuraScript Specialty Distribution also operates Matrix GPO, a group purchasing organization (GPO) that focuses on the purchase of products and services, including specialty pharmaceuticals, for practitioners. UBC provides pharmaceutical support services. The Company, through CuraScript Specialty Distribution, provides distribution services primarily to office and clinic-based physicians treating patients with chronic diseases. UBC provides consulting services, including design, implementation and project management, for pharmaceutical and biotechnology manufacturers.
The Company competes with MedImpact, Navitus Health Solutions, Aetna Inc., Humana, UnitedHealth Group, Blue Cross Blue Shield Plans, CVS Health, Rite Aid, Wal-Mart Stores, Inc. and Argus.
Express Scripts Holding Co
1 Express Way
ST. LOUIS MO 63121-1824
Company Web Links
- Jim Chanos slams Express Scripts and Mallinckrodt over high drug prices
- Investor Jim Chanos slams Express Scripts and Mallinckrodt over high drug prices
- BRIEF-Express Scripts subsidiary to join Walgreens Boots Alliance Development group purchasing organization
- BRIEF-Express Scripts announces launch ofInside Rx, a new, partially owned subsidiary
- BRIEF-Amerisourcebergen reports new 5-year pharmaceutical supply agreement with Express Scripts