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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 was a member of the S&P 500 and ranked number 34 on the 2011 Fortune 500 list, [ 1 ] with 2011 revenues of more than $70 billion. [ 2 ]
Medco Health Solutions (NYS: MHS) carries $9.1 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the ...
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 ...
Medco Health Solutions (MHS), a pharmacy benefits manager, needs massive M&A deals to move the needle. Consider that its market value is roughly $30 billion. But sometimes an M&A deal's impact is ...
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]
The deal flopped and Merck ended up spinning off Medco Health Solutions in 2003 roughly a year after Merck discovered that $14 billion of Medco's revenue was an accounting fraud.
And now let's examine the debt situation at Medco Health Solutions (NYS: MHS) and compare it with its peers. Company. Debt-to-Equity Ratio. Interest Coverage. Current Ratio. Medco. 141.9%.
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