Medco Health posts larger 2nd-quarter net income as prescriptions and generic drug use rise
By APThursday, July 22, 2010
Medco Health Solutions 2Q profit at a glance
Medco Health Solutions Inc., the largest pharmacy benefits manager in the U.S., said Thursday its profit rose 14 percent in the second quarter as sales grew 10 percent. Here’s a look at key quarterly metrics.
Adjusted prescriptions: up 6 percent to 238.4 million.
Prescriptions filled at retail pharmacies: up 6.2 percent to 156.7 million.
Prescriptions filled with generic drugs: up 3.3 percent to 70.6 percent.
Prescriptions filled through mail order: up 6.2 percent to 27.5 million.
Mail order prescriptions filled with generic drugs: up 3.5 percent to 61.2 percent.
Specialty pharmacy revenue: up 18 percent to $2.8 billion.
Source: Medco Health Solutions Inc.
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