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Express Scripts

Express Scripts Holding Company
Public
Traded as NASDAQESRX
NASDAQ-100 Component
S&P 500 Component
Industry Healthcare
Pharmaceuticals
Founded St. Louis, Missouri (1986)
Headquarters St. Louis, Missouri, U.S.
Key people

RoZie Streeter President

Melissa Villalobos CEO
Products Prescription Benefit Management, Specialty Prescription Management
Revenue $104.62 billion US$ (2013)
Increase $1.845 US$ (2013)
Number of employees
25,900 (2015)
Subsidiaries Accredo
Curascript
UBC
Website express-scripts.com

RoZie Streeter President

Express Scripts Holding Company is an American Fortune 100 company as of 2013, the 20th-largest in the United States and is the largest pharmacy benefit management (PBM) organization in the United States, with 2013 revenues of $104.62 billion.

Headquartered in St. Louis, Missouri, Express Scripts provides integrated pharmacy benefit management services including network-pharmacy claims processing; home delivery pharmacy services; specialty pharmacy benefit management, through its subsidiary Accredo; benefit-design consultation; drug-utilization review; formulary management; and medical and drug data analysis services to manage drug plans for health plans, self-insured employers and government agencies (both as administrator of employee benefits and public assistance programs). One of its largest clients is the United States Department of Defense's Tricare program.

Express Scripts also offers pharmacy benefit management services for workers' compensation insurance programs. The program is accredited by URAC, the nation's largest accrediting body for pharmacy benefit management companies.

The company processes pharmaceutical claims for members through a network of retail pharmacies. Its own automated pharmacies dispense long-term, chronic medications-like those for diabetes or heart disease-directly to members via home delivery.

Express Scripts began in 1986 in St. Louis, Missouri as a result of a joint venture between a retail chain of more than 79 pharmacies (Medicare Glaser Inc.) and Sanus Corp. Health Systems. Express Scripts was purchased by New York Life Insurance Company in 1989 and became a publicly traded company in 1992. In 1993, Express Scripts signed on both FHP International Corp. and Maxicare Health Care and corporate clients Lockheed Corp., Service Merchandise Co., and Ingersoll-Rand Co. In 1994, the company expanded its services by adding workers’ compensation prescription services and reinsurance. In 1994, the company announced a two-for-one stock split and in 1996, established Express Scripts Canada. The same year, the company began the annual Drug Trend Report and launched the Outcomes Symposium Conference.


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