Medco Health Solutions

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Medco Health Solutions, Inc.

Type	Public (NYSE: MHS)
Founded	2003
Headquarters	Franklin Lakes, New Jersey
Key people	David B. Snow, Jr., Chairman and Chief Executive Officer Kenneth O. Klepper, President and Chief Operating Officer
Industry	Healthcare
Products	Pharmacy Benefit Management
Revenue	$37.870 Billion USD (2006)
Net income	602.0 Million USD (2006)
Employees	14,800
Slogan	Extra Strength Solutions®
Website	www.medco.com

Medco Health Solutions, Inc. (NYSE: MHS) is a leading pharmacy benefit manager (PBM) company based in Franklin Lakes, New Jersey. The current chairman is David Snow. The company formed in August 2003 as a spinoff from Merck & Co.. While under Merck control, the company was known as Merck-Medco Managed Care, L.L.C; before that it was Medco Containment Services, Inc. Medco is a member of the S&P 500. It was named one of Fortune magazine’s 2005 Most Admired Companies. Medco operates the nation’s largest mail-order pharmacy operation. In 2005 Medco acquired Accredo Health, a large specialty pharmaceutical operation. In 2005, Medco managed 549 million prescriptions.

Medco is one of only 10 national Prescription Drug Plans (PDP) named by the Centers for Medicare and Medicaid Services to administer prescription drug plan benefits for the Medicare-eligible population at large.