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In August 2003, Medco Health Solutions, Inc. became an independent company. [12] On August 28, 2005, Medco Health Solutions contributed $5,000 to the Southwestern Oklahoma State University College of Pharmacy Scholarship Fund. [13] In October 2005, Medco was selected as the finalist of a three-year pharmacy benefit contract for the California ...
Snow was appointed president and CEO of Medco Health Solutions in March 2003. He became chairman and CEO in June 2003. [7] He went on to serve as the executive chairman of Medco Health Solutions from June 2003 to 2013. As of 2013, his total annual compensation was $22.12 million, with a five-year compensation package of $87.10 million.
In April 2012, Express Scripts completed a $29.1 billion acquisition of Medco Health Solutions. [27] The Federal Trade Commission gave formal approval on April 2, 2012 after an anti-trust investigation. [27] The acquisition positioned Express Scripts Holding Co. as the largest pharmacy benefit manager, filling 1.4 billion annual prescriptions. [27]
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The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.
I was talking recently to BBB spokeswoman Alison Southwick for another WalletPop story, and we drifted to another topic: the trend of banks being reported to the Better Business Bureau (complaints ...
The company was a subsidiary of Medco Health Solutions, Inc., which purchased Liberty Medical and its parent company, PolyMedica, in 2007. [2] After Express Scripts acquired Medco, they sold Liberty Medical in December 2012 to members of its management team, and it now operates again as an independent company. [3]