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Express Scripts Reports Fourth Quarter Results
Date:2/22/2012

er adjusted claim of $3.54, up 11% from 2010
  • Cash flow from operations of $2.2 billion, including merger-related costs, up 4% from 2010

  • GuidanceAlthough the Company will not provide 2012 guidance until after the completion of the acquisition of Medco, which is expected in the first half of 2012, the Company is reaffirming the following:

  • Claims utilization and in-group attrition expected to be consistent with 2011 levels.  
  • Client retention, based on prescription volume, expected to be greater than 97%.
  • Through strong support from clients, greater than 95% of its clients' prescription volume moved forward into 2012 without Walgreens as a network provider.
  • As a result of the preceding factors and sales activity to date, which included three new signature wins, the Company expects claims growth to be in a range of 0% to 2%.

  • About Express ScriptsExpress Scripts, Inc., one of the largest pharmacy benefit management companies in North America, is leading the way toward creating better health and value for patients through Consumerology®, the advanced application of the behavioral sciences to healthcare. This approach is helping millions of members realize greater healthcare outcomes and lowering cost by assisting in influencing their behavior. Headquartered in St. Louis, Express Scripts provides integrated PBM services including network-pharmacy claims processing, home delivery services, specialty benefit management, benefit-design consultation, drug-utilization review, formulary management, and medical and drug data analysis services. The company also distributes a full range of biopharmaceutical products and provides extensive cost-management and patient-care services. More information can be found at http://www.express-scripts.com/ and http://www.consumerology.com/.

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    SOURCE Express Scripts, Inc.
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