Medco Facts and Figures

 
 
By eweek  |  Posted 2005-05-04 Email Print this article Print
 
 
 
 
 
 
 




Medco Health Solutions Base Case

Headquarters: 100 Parsons Pond Drive, Franklin Lakes, NJ 07417
Phone: (201) 269-3400
Business: The largest pharmacy benefit manager and operator of a mail-order pharmacy in the U.S.
Chief Information Officer: Mark Halloran
Financials in 2004: $35 billion in revenue, $482 million profit.
Challenges: Fight back against increased competition from traditional retail drugstores and convince more customers to place prescription orders online.

Baseline Goals:

  • Grow mail-order prescriptions to 96 million in 2005, from 88 million in 2004.
  • Increase refill orders online by 23% to 21 million in 2005, from 17 million in 2004.
  • Increase profit per prescription from $1.83 in 2004 by selling more generic drugs, which offer 18% margin over brand-name.





 
 
 
 
 
 
 
 
 
 
 

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