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Medco Health Solutions, Inc. was an American Pharmacy Benefits Management (PBM) company. Medco provided pharmacy services to private and public employers, health plans, labor unions, government agencies, and individuals served by Medicare Part D Prescription Drug Plans.
Medco's debt-to-equity ratio stands at a high 141.9%. However, the company's debt remains more or less unchanged from a year ago at around $5 billion. It has a good interest coverage ratio of 12.5 ...
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.
Medco Health Solutions (NYS: MHS) carries $9.2 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the ...
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 ]
The wait might finally be over. Pharmacy benefits management heavyweights Express Scripts (NAS: ESRX) and Medco Health Solutions (NYS: MHS) may get the long-awaited regulatory approval to merge ...
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]
A.M. Best Affirms Ratings of Medco Containment Company and Medco Containment Insurance Company of New York OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating ...