Anthem not ruling out Express Scripts as pharmacy vendor

Anthem Inc. is keeping its options open when it comes to its future pharmacy strategy, and hasn’t decided to quit working with Express Scripts.

“It is important to note we have not ruled anyone in or out,” Joe Swedish, Anthem’s chief executive and chairman, said during the company’s earnings call on Wednesday.

Swedish’s comment came two days after Express Scripts said it expected to lose its contract with Anthem, its largest customer, after the agreement expires at the end of 2019. Express Scripts on Monday disclosed earnings and revenue tied to its Anthem business in an attempt to reassure investors that even without Anthem, its core business would remain strong.

After hearing Anthem’s remarks on Wednesday, Express Scripts said in a statement: “We believe we are the best long-term solution for Anthem, we will continue to serve their members, and our door remains open to working with them.”

Express Scripts, which is based in north St. Louis County, did not comment on whether the two companies are currently in discussions.

Read more: St. Louis Post-Dispatch


Tags:, , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students