Express Scripts Holding Company

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Express Scripts Holding Company - overview

Established

1986

Location

St. Louis, MO, US

Primary Industry

Healthcare IT

About

Express Scripts Holding Company specializes in pharmacy benefit management services, enhancing medication access and management for its members through innovative solutions and comprehensive support. Founded in 1986 and headquartered in St. Louis, US, Express Scripts provides pharmacy benefit management services, focusing on improving medication access and management for clients. CEO Ted Gravenhorst leads the company, which has evolved its operations to better cater to a diverse client base in the healthcare sector.


Express Scripts offers a comprehensive suite of pharmacy benefit management services with a focus on enhancing medication access and management for its members. At the core of its offerings is the Express Scripts® Pharmacy, which facilitates home delivery of prescriptions directly to patients, allowing them to bypass traditional pharmacy visits. The company also provides access to Evernorth EnGuide℠ Pharmacy, specifically designed for members needing GLP-1 prescriptions, demonstrating its commitment to addressing specialized medication needs. Additionally, Express Scripts offers 24/7 pharmacist support, online prescription management, and automatic refills, ensuring that customers can manage their medications conveniently and efficiently.


The company serves a broad client base, including individuals, employers, and health plans across the United States, with services specifically targeting the needs of members in various geographical markets, including urban and suburban areas. Express Scripts generates revenue primarily through its pharmacy benefit management services, which includes the processing of prescription medications and related services for various clients, including employers and health plans. The transaction structure predominantly revolves around B2B partnerships, wherein clients pay for services that enhance their healthcare offerings to employees or beneficiaries. Revenue is derived from agreements that may include per-prescription fees, management fees, and other service-related charges.


The company's flagship service, the Express Scripts® Pharmacy, contributes significantly to revenue through its home delivery model, further supported by the Evernorth EnGuide℠ Pharmacy for specialized medications. The diverse service offerings cater to a wide range of consumer needs, enhancing the overall value proposition presented to clients and their members.


Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Web Applications

Website

www.express-scripts.com

Verticals

HealthTech

Total Amount Raised

Subscriber access only

Express Scripts Holding Company - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedUnited BioSource Corporation-
Trade SaleCompletedeviCore healthcare, LLC-
BuyoutCompletedBracket Global, LLC-
BuyoutCompletedEvidera, Inc.-
BuyoutCompletedEnvision Pharma Group Limited-

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Express Scripts Holding Company - employee data

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Express Scripts Holding Company - key contacts

NamePositionStart DateEnd DateVcardBio 
Board MemberBM
Board of DirectorsBM

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