Five Largest PBMs
www.Medtipster.com Source: Mallory Gillikin, 9/20/2011, www.BusinessInsurance.com
Business Insurance released its ranking of the nation’s largest pharmacy benefit managers.
- Medco - Franklin Lakes, N.J.-based firm reported $66 billion in unbundled PBM revenues in 2010, a 10.4% increase from 2009
- CVS Caremark Corp. – Woonsocket, R.I.-based firm retained the No. 2 position in the 2011 ranking, reporting $47.8 billion in unbundled PBM revenues in 2010, a 6.4% decrease from 2009.
- Express Scripts Inc. – Reporting nearly $45 billion in unbundled PBM revenues in 2010, St. Louis-based firm remained in the No. 3 position in this year’s Business Insurance ranking. Express Scripts, which acquired WellPoint Inc.’s NextRx subsidiaries in December 2009, reported an 81.7% increase in unbundled PBM revenues in 2010.
- Prescription Solutions Inc. - Irvine, Calif.-based firm and
- Catalyst Rx - Rockville, M.D.-based firm rounded out the top five largest PBMs.
To view the full ranking or to purchase copies of the 2011 Directory of Largest Pharmacy Benefit Managers, go to www.BusinessInsurance.com/directories.
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