ESI-Medco Merger Has Been Confirmed
4/10/2012
On April 2
On April 2, 2012, the Federal Trade
Commission (FTC) closed its eight month investigation into the proposed merger
of Express Scripts Inc. and Medco Health Solutions, approving the $29 billion
deal with no strings attached. Through the PCPAN (Preserve Community Pharmacy
Access Now) Coalition, IPA had signed on to oppose the PBM merger. Among
the continued concerns is that a merged ESI-Medco will reduce access and service
to patients; reduce competition for PBM services (e.g., specialty products, mail
order), and control a large share of the supply line for brand and generic
prescription drugs. To learn more, you may read the official
press release of the FTC
as well as
NCPA’s press release and
news from APhA.
From a claims processing
perspective, continue your normal procedures as there will be no immediate
changes in claims adjudication for either Express Scripts or Medco. You
may also utilize the
attached Q&A to further address any questions or concerns you may have.
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