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Medco Chairman and CEO David Snow Addresses Shareholders, Highlighting Another Year of Growth, Innovation and Substantial Client Savings - With More to Come
Date:5/24/2011

FRANKLIN LAKES, N.J., May 24, 2011 /PRNewswire/ -- Medco Chairman and CEO David B. Snow Jr. today recapped a string of accomplishments in 2010 for attendees at the company's annual shareholders' meeting and offered a vision for a future in which Medco plays a pivotal role in the success of healthcare reform. "There are moments in history when multiple factors align to fuel positive change," he said. "We're living in one of those moments; Medco is seizing this opportunity for its clients and patients as we advance high-quality healthcare through innovation."

(Logo: http://photos.prnewswire.com/prnh/20100609/MEDCOLOGO)

Snow brought shareholders a vivid sense of the abundant opportunities that lie ahead for Medco and its clients in all areas of its business, leading with the potential to reap unprecedented savings from a historical wave of first-time generic drugs beginning late this year. Snow highlighted Medco's ability to leverage its wired pharmacy to drive even greater client savings and clinical benefits and utilize its vast prescription drug and medical databases to help patients and physicians close 2.3 million gaps in care in 2010 through its robust set of sophisticated clinical tools designed to reduce overall healthcare costs.

The Medco Medicare Prescription Drug Plan (PDP)® is the first and only national plan to earn a 5-Star overall rating from the Center for Medicare and Medicaid Services – a designation for providing members with the highest overall service quality and performance. The company also expanded its comparative effectiveness and outcomes research capabilities with the acquisition of United BioSource Corporation, and its expanded genomic research and health management capabilities through the Medco Research Institute and its acquisition of DNA Direct, initiatives designed to drive further value to clients and the healthcare system.

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SOURCE Medco Health Solutions, Inc.
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