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Home > Fortune 500 Companies > Express Scripts
Express Scripts
The company was established in 1986 and is based in Maryland Heights, Missouri. It’s a publicly traded company having a good stock performance result. It’s a fortune 500 stock listed company trading under ESRX.
Express Scripts, Inc. provides a variety of pharmacy benefit management services in North America. It offers retail network pharmacy management, retail drug card programs, home delivery pharmacy services, benefit design consultation, formulary management programs, drug utilization review, disease management, and compliance and therapy management programs. It offers its services primarily to health maintenance organizations, third-party administrators, union-sponsored benefit plans, health insurers, employers and government health programs.
Express Scripts positions no. 134 on this year's list of the Fortune 500, with 16,266 million dollars in revenues, up 7.6percent from the previous year. The Maryland Heights, Mo.-based Company was ranked no. 137 on the 2005 list. Its 2005 profits were 400 million dollars, up 43.8percent from a year earlier.
This year, Fortune 500 companies overall brought in a record 9.1 dollars trillion in revenues and 610 billion dollars in profits. And while the economy as a whole grew 3.5percent last year, Fortune 500 companies did much better, increasing their revenues by a healthy 15.4percent. The Fortune 500list is an annual ranking of America's largest corporations by revenues. Their companies employ more than 24 million people, about 16percent of working Americans.
Network claims increased by 38.6 million, or 9.7percent, in 2005 over 2004. The increase in network claims is primarily due to the implementation of their contract with the DoD Tricare Retail Pharmacy program in June 2004. Revenues for the Tricare program are included in service revenue.
Their task is to offer you with the tools you need to stay informed about the broad range of medicines on the market today. Drawing on the combined resources of pharmacy experts, licensed doctors of pharmacy from leading academic institutions, and Express Scripts staff physicians; they help you to understand the treatment options necessary to promote your own healthcare.
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