Medco wins pharmacy services contract from Coventry Health Care

Medco said that it will provide mail, retail and specialty pharmacy services for all of Coventry’s Medicare programs, covering approximately one million members with annual drug spend exceeding $2 billion. The agreement will commence on January 1, 2009 and is a multi-year arrangement.

David Snow, Jr, chairman and CEO of Medco, said: “Our specialist pharmacists help patients manage chronic conditions with a higher level of personalized care. The breadth of our service offerings and our capabilities to meet the needs of Medicare beneficiaries, while making overall health care costs more manageable, truly resonates with clients.”