Company Overview Visit express-scripts.com website

Express Scripts is an American Fortune 100 company that specializes in providing prescription drug management services. The organization manages the pharmaceutical care program for more than 70 million people, including those covered by private insurance plans, Medicare Part D, and Medicaid. Express Scripts became a public company in 2004 and their initial public offering was listed on NASDAQ under the ticker symbol ESRX. As of May 2013, it had used this stock exchange for 11 years.

Express Scripts began as Express Scripts Holding Company (ESRX) in Missouri in September 1986. The original founders were Michael J. Boustany, Thomas J. King, Paul M. Siegel and Richard A. Gonzalez (who developed one of the first electronic medical records systems). The company was established to provide cost-containment strategies in the form of computerized drug dispensing programs.

Labeled as "the nation's largest manager of pharmacy benefits," Express Scripts began with nine employees and $350,000 in annual revenues. By 2004 ESRX shares were selling for around $35 each, resulting in a market capitalization of nearly $12 billion. The growth has been attributed to a customer base that has increased from 3 million members to approximately 75 million members nationwide through acquisitions and growth, low administrative costs due to efficient operations, and economies of scale from managing large groups under one roof. In 2012 Express Scripts handled more than 1 billion prescriptions nationally, representing approximately 13% of all U.S. prescriptions according to the IMS Institute for Healthcare Informatics.

Express Scripts Logo Use Example

Express Scripts Logo Use Example

Express Scripts Website Preview

Express Scripts Website Preview