Commercial Metals Company - Molson Coors Brewing - Wachovia Corporation - Automated Data Processing - MBNA Corporation
 |
|
| |
What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
|
|
|
| |
|
| |
Fortune 500 - Spot Number 73
Company Information
Name: Caremark Rx, Inc.
Industry: Retail (Drugs)
Description: Caremark Rx, Inc. is a leading pharmaceutical services company, providing comprehensive drug benefit services through its affiliate Caremark Inc. to over 1,200 health plan sponsors and their participants throughout the U.S. Caremark's clients include corporate health plans, managed care organizations, insurance companies, unions, government agencies and other funded benefit plans. The company operates a national retail pharmacy network with over 55,000 participating pharmacies, four state-of-the-art mail service pharmacies, the industry's only FDA-regulated repackaging plant and nineteen specialty distribution mail service pharmacies for delivery of advanced medications to individuals with chronic or genetic diseases and disorders.
Financial Summary: Caremark Rx, Inc. provides pharmacy benefit management services and therapeutic pharmaceutical services. For the 6 months ended 6/30/05, net revenues increased 61% to $16.61B. Net income increased 84% to $410.3M. Revenues reflect new customer contracts and the acquisition of AdvancePCS. Earnings also benefitted from decreased selling, general and administrative expenses as a percentage of revenues.
Business Summary: Caremark Rx, Inc. (Caremark Rx) is a pharmaceutical services company that conducts its operations primarily through Caremark Inc. (Caremark) and CaremarkPCS (f/k/a AdvancePCS) (CaremarkPCS) subsidiaries. The Company's pharmaceutical services are referred to as pharmacy benefit management (PBM) services and involve the design and administration of programs aimed at reducing the costs and improving the safety, effectiveness and convenience of prescription drug use. The Company's customers are primarily sponsors of health benefit plans (employers, unions, government employee groups, insurance companies and managed care organizations) and individuals located throughout the United States. During the year ended December 31, 2004, Caremark Rx managed over 484 million prescriptions for individuals from over 2,000 organizations. The Company acquired AdvancePCS on March 24, 2004.
Misc Details
Symbol: CMX
City: Birmingham
State: AL
ZIP Code: 35244
Address: 3000 Galleria Tower
Ste 1000
Phone: 205-733-8996
Fax: 205-733-9780
Website: http://www.caremark.com
|
| |
|
| |
|
Jacobs Engineering Group - Honeywell International - Host Marriott Corporation - Saks Incorporated - PepsiCo, Inc. |