Content about Medco Health Solutions

June 20, 2011
Specialty Rx, diabetes to drive drug trend

The overall growth in drug spending for 2010 was 3.7%, according to the latest drug trend report by pharmacy benefit manager Medco Health Solutions. The lower increase 
was primarily due to higher rates of generic drug dispensing — more than 71% of drugs dispensed were generics. 


June 8, 2011
Medco brings SOCRxATES program to New Mexico

Pharmacy benefit manager Medco Health Solutions is implementing a program in New Mexico designed to close such medication-related gaps in health care as nonadherence among state employees with chronic conditions, the company said Wednesday.

June 8, 2011
Moody's gives CVS Caremark high rating among PBM competitors

Moody's Investors Service compared the three largest pharmacy benefit managers — CVS Caremark, Express Scripts and Medco Health Solutions — in a report issued Tuesday. While it maintained a positive view of all three, it gave CVS Caremark the highest credit rating.

June 8, 2011
Statin users can save money if they adhere to therapies, Medco finds

In a year and a half, patients taking statins to lower their cholesterol can save more than $900 when they take their medications as prescribed, according to a new study in the June 1 issue of the American Journal of Cardiology.

June 3, 2011
CVS won't be selling off PBM after scoring big win

Why is the news that CVS Caremark has secured the mail-order and specialty prescription drug benefit for Federal Employee Program so important? Well, some pundits might say there is no indication that the integrated retail-pharmacy benefit manager model had anything to do with why FEP chose Caremark over Medco. It doesn't matter. As any football coach would say, "A win's a win," and this is a big one.

May 31, 2011
CVS Caremark lands PBM contract with FEP

In a major win for its pharmacy benefit management business, CVS Caremark will handle the $3 billion mail-order and specialty prescription drug benefit for the Federal Employee Program starting January 2012, which, for the last three years, had been handled by rival Medco Health Solutions.

May 19, 2011
Medco, Verizon developed mobile app

Telecommunications provider Verizon Wireless and pharmacy benefit manager Medco Health Solutions have unveiled a mobile application that the companies said would allow patients and their doctors to instantly find the lowest-cost prescription drugs to meet their health needs and identify potentially harmful drug interactions.

May 18, 2011
Medco: Cancer drugs to see huge rise by 2013

Cancer drugs are expected to see sharp increases in spending and use by 2013, according to the latest drug trend report by pharmacy benefit manager Medco Health Solutions.

April 12, 2011
Medco: Antidepressant use may boost adherence among hepatitis C patients

Medication adherence among hepatitis C patients may improve when patients take antidepressants, according to a new analysis by pharmacy benefit manager Medco Health Solutions presented Monday at the International Conference on Viral Hepatitis.

March 15, 2011
Pradaxa added to CVS Caremark's, Medco's commercial preferred drug lists

A drug used to prevent stroke in patients with a form of atrial fibrillation has won preferred Tier 2 formulary status with pharmacy benefit managers Medco Health Solutions and CVS Caremark.

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.

February 22, 2011
Medco's Q4, fiscal-year sales rise

Sales at Medco Health Solutions increased to $16.9 billion during fourth quarter 2010 and to $66 billion for the fiscal year as a whole, representing respective 11.1% and 10.3% increases over the same periods the year before, the pharmacy benefit manager said Tuesday.

February 8, 2011
Medco School of Pharmacy to open at Fairleigh Dickinson

Pharmacy benefit manager Medco Health Solutions is donating $5 million toward the construction of a new school of pharmacy in New Jersey.

December 28, 2010
Report: More than a quarter of U.S. kids take at least one chronic med

Health professionals worry that little is known about the long-term effects of many drugs — which have been tested extensively on adult-patient populations — on children.

December 7, 2010
Medco launches educational online tool to improve medication nonadherence

New York — Given the high costs of medication nonadherence to the healthcare system and its responsibility for numerous hospitalizations every year, a number of companies have devised means to combat the problem. One pharmacy benefit manager is doing it online.


November 1, 2010
Medco achieves 10.7% profit growth in Q3

Pharmacy benefit manager Medco Health Solutions had sales of $16.3 billion, including $2.9 billion from...

October 24, 2010
E-prescribing accelerates as U.S. adoption efforts converge

Health care’s lumbering shift to electronic prescribing and health information technology has been a long...

October 14, 2010
Medco: Poor adherence may cause lack of response to medication

When a patient isn’t showing a response to a medication, a common tactic the doctor...

August 15, 2010
Medco to acquire UBC in $730 million deal

Pharmacy benefit manager Medco Health Solutions will acquire medical affairs company United BioSource Corp. for...

August 3, 2010
Drugstore.com extends partnership with Medco Health Solutions

Drugstore.com on Tuesday announced the extension through 2018 of its strategic alliance with Medco Health...

July 7, 2010
Local e-prescribing initiative awarded for technology innovation

In honor of its dedication to driving the adoption of e-prescribing technology in Michigan, the...

June 21, 2010
Plan to cut Saturday postal service draws heat from mail-order pharmacy

The much-discussed plan by the cash-strapped U.S. Postal Service to end Saturday delivery has drawn...

June 7, 2010
Medco Health Solutions awarded by The Joint Commission

Pharmacy benefit manager Medco Health Solutions has received a nod for its home care and...

June 6, 2010
Medco gets wind of risks associated with LABAs

The class of drugs known as long-acting beta agonists can provide many benefits to patients...

June 3, 2010
Medco's new campaign shows patients' healthcare solution is 'obvious'

Pharmacy benefit manager Medco Health Solutions has a new advertising campaign to attract patients to...

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