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MedcoHealth Solutions Inc. (MHS)

At 5:00AM SGT: 61.25 USD  Up 1.08 (1.79%)  
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MedcoHealth Solutions Inc.
100 Parsons Pond Drive
Franklin Lakes, NJ 07417-2603
Phone: 201-269-3400
Web Site: http://www.medcohealth.com

 DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Services
Industry:Drugs Wholesale
Employees (last reported count):20,800

 REUTERS ABRIDGED BUSINESS SUMMARY 
Medco Health Solutions, Inc. is a health care company that provides clinically driven pharmacy services for approximately 60 million Americans. The company focuses on various segments of the healthcare industry. It engages in the management and dispensing of prescription medications through its mail-order pharmacies and its network of retail pharmacies. The company’s Specialty Pharmacy segment, Accredo Health Group, provides specialty pharmacy products and services for the treatment of chronic and complex diseases. Through its subsidiary, Liberty Medical, the company provides diabetes testing supplies and related products. Medco Health Solutions, Inc. also offers services, including plan design, clinical management, utilization management, clinical services, pharmacy management, mail-order services, physician services, and Web-based services to private and public employers, health plans, labor unions, and government agencies. The company’s clients primarily include Fortune 500 companies. It has a joint venture agreement with United Drug plc to provide home-based pharmacy care services in the United Kingdom for patients covered by the National Health Service. The company was founded in 1983 and is based in Franklin Lakes, New Jersey. As of 19, 2003, Medco Health Solutions, Inc. operates independently of Merck & Co., Inc. As per the transaction announced on July 28, 1993, MedcoHealth Solutions Inc. operates as a subsidiary of Merck & Co. Inc..
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     REUTERS ABRIDGED FINANCIAL SUMMARY 
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     OFFICERS 
     PayExercised
    Mr. David B. Snow Jr., 55
    Chairman and Chief Exec. Officer
    $ 4.28M $ 17.84M
    Mr. Kenneth O. Klepper , 56
    Pres and Chief Operating Officer
    $ 1.86M $ 5.34M
    Mr. Richard J. Rubino C.P.A., 52
    Chief Financial Officer and Sr. VP of Fin.
    $ 945.00KN/A
    Mr. Timothy C. Wentworth , 50
    Group Pres of National Accounts
    $ 1.29M $ 1.48M
    Mr. John P. Driscoll , 51
    Pres of New Markets
    $ 1.17M $ 4.14M
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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