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Express Scripts

Company nameExpress Scripts, Inc.
Company typePublic company S&P 500 Component
IndustryHealthcare, Pharmacy Benefit Management
FoundedSt. Louis, Missouri (1986)
HeadquartersSt. Louis, Missouri, U.S.
Key peopleGeorge Paz, President and CEO
Jeffrey Hall, CFO
ProductsPrescription Benefit Management, Specialty Prescription Management
Revenue(+) $44.9732 billion USD (2010)
Net income(+) $1.2046 billion USD (2010)
Employees13,170 (2010)

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Express Scripts, Inc. (Nasdaq - ESRX) is a Fortune 100 company headquartered in Cool Valley, Missouri. It began in 1986 in St. Louis, Missouri as a result of a joint venture between a retail chain of more than 79 pharmacies (Medicare Glaser Inc.) and Sanus Corp. Health Systems. Express Scripts was purchased by New York Life Insurance Company in 1989 and became a publicly traded company in 1992. Through expansion of its client base, product lines and several acquisitions (ValueRx, Diversified Pharmaceutical Services, and National Prescription Administrators (NPA)) Express Scripts currently employs over 13,000.

Express Scripts is a pharmacy benefit manager. The company processes pharmaceutical claims for members at network pharmacies and at their own mail order pharmacies. They provide services to manage drug plans for government agencies (both as administrator of employee benefits and public assistance programs), corporations, and unions. One of their largest clients is the United States Department of Defense's TRICARE program.


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