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  • Rank
    66
  • Previous Rank
    62
  • CEO
    Timothy C. Wentworth
  • Address
    1 Express Way, St. Louis, MO 63121
  • Website
  • Industry
    Health Care: Pharmacy and Other Services

Express Scripts, a full service pharmacy benefits manager, has been benefitting from industry consolidation that has cut costs and boosted their bargaining strength as pharmaceutical companies release high-priced treatments for hepatitis C and high cholesterol. Express Scripts led the wave of consolidation when it bought Medco Health Solutions for almost $30 billion in 2012. The deal doubled its revenues and positioned the company as the No. 1 pharmacy benefits manager. The St. Louis, Mo.-based company has also benefitted from more insured patients, a result of the Affordable Care Act. Express Scripts has used its industry-leading position to wring out savings on high-cost specialty drugs for its users, which will become more necessary as more innovative treatments come on the market. Specialty pharmacy is expect to grow by about 20% over the next few years and customers will rely on PBM’s to help them better manage this spend.

Company Information

CEO
Timothy C. Wentworth
Industry
Health Care: Pharmacy and Other Services
Sector
Health Care
HQ Location
St. Louis, MO
Websitehttp://www.express-scripts.com
Years on List13

Key Financials (last fiscal year)

($ Millions)% change
Revenues100,887.1-3.6%
Profits2,007.68.8%
Assets53,798.9-
Employees29,500-

Profits as a % of

Profit as % of Revenues2%
Profits as % of Assets3.7%
Profits as % of Stockholder Equity10%