ValueRx
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ValueRx was formed in Detroit in 1987 through the merger of Medicost, a small prescription drug claims processor and Health Information Design, a specialty drug utilization review company. The company was purchased by Value Health in 1988. After a series of mergers and acquisitions, ValueRx became the largest Value Health subsidiary, employing 1,400 people across the U.S. The industry recognized ValueRx's success in developing science-based clinical programs that focused on the patients, not just the prescription. Express Scripts purchased ValueRx April 1, 1998.
[edit] Further reading
- Merger of Express Scripts, ValueRx will create new PBM industry giant - pharmacy benefit managment Drug Store News, March 16, 1998 by James Frederick; accessed 04 November 2006
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