Cigna Corporation has acquired Express Scripts Holding Company in a cash and stock transaction valued at approximately $67 billion, including Cigna's assumption of approximately $15 billion in Express Scripts debt. The acquisition is expected to be completed by December 31, 2018.“Cigna’s acquisition of Express Scripts brings together two complementary customer-centric services companies, well-positioned to drive greater quality and affordability for customers,” said David M. Cordani, President
Read More
Propeller Health, Express Scripts Partner to Offer Innovative Digital Respiratory Care
Propeller Health and Express Scripts has announced a strategic partnership to provide Propeller's FDA-cleared digital solution to Express Scripts members using inhaler sensors and a mobile app to manage asthma or COPD. This collaboration represents the largest respiratory digital health deployment with a pharmacy benefit manager to date.Propeller's digital sensors enable remote monitoring for patients enrolled in Express Scripts' Pulmonary Care Value Program (PCV), which combines specialized
Read More
Express Scripts to Acquire EviCore for $3.6B to Broaden Its Reach Beyond Prescription Drugs
Express Scripts, a St. Louis-based integrated pharmacy benefit management services provider, announced it has acquired eviCore healthcare, a provider of evidence-based medical benefit management services for $3.6 billion. For Express Scripts, the acquisition will combine its pharmacy benefit management offering and eviCore's highly complementary medical benefits management (MBM) platform to create a uniquely comprehensive patient benefit management solution. In addition, the acquisition of
Read More