BNET Industries

Last Fiscal Year Sales:$1.5B
  • Private
  • US
Dow Jones Description

Accredo keeps the chronically sick healthy. Founded in 1980 and headquartered in Memphis, TN, Accredo Health, Incorporated offers specialized pharmacy services to chronically ill patients. The company delivers medications and related accessories, helps with programs, and assists in processing claims. It contracts with pharmaceutical firms, and helps patients with diseases like diabetes, hemophilia, multiple sclerosis, growth hormone deficiencies, and Gaucher's disease. The company has annual revenue of about $1.5 billion and employs about 2,500 people. It became a wholly-owned subsidiary of Medco Health Solutions, Inc. in a transaction that was closed in August 2005.

President & CEO
Timothy C Wentworth
Number of Employees 1,977
Contact Information

1640 Century Ctr Pkwy Ste 101

Memphis, Tennessee 38134-8822

www.accredoheal...

(901) 385-3600

NAICS Code Kidney Dialysis Centers: 621492

News & Analysis

accredo health inc. and medco health solutions inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Timothy C Wentworth President & CEO
John R. Grow President
Kenneth J. Bodmer Senior Vice President
Kyle J. Callahan Senior Vice President
Chantal Vaete Vice President, HR
Michael R Hess Group Vice President and Director of Legal Affairs
Arthur H Nardin
Blenda J. Wilson
Brian L Strom
Brian T Griffin
Bryan D Birch
Charles M. Lillis
David B Snow
Howard W. Barker Jr.
John L. Cassis
John P. Driscoll
Jon B Peters
Karin Princivalle
Kenneth O. Klepper
Kerry Finney Coordinator, Investor Relations
Lawrence S. Lewin
Michael Goldstein
Richard J. Rubino
Sumit Dutta
Thomas W Bell general counsel
Kenneth J. Melkus Director
Kevin L. Roberg Director
Nancy-Ann DeParle Director

Board of Directors

Name (plus bio) Position
Dick R. Gourley Board of Directors
Kenneth R. Masterson Board of Directors
Thomas G. Rotherham Board of Directors
William E. Evans Board of Directors

Organization Position Status
Accredo Health, Incorporated President & CEO Current
Medco Health Solutions, Inc. Group President, Employer Accounts Current
Accredo Corp Group President, Employer Accounts Current
Intellicare, Inc. Group President, Employer Accounts Current
Harvard University Speaker Current
U.S.-Russia Business Council Speaker Current
American Management Association Speaker Current
American Management Association Board of Directors Current
U.S.-Russia Business Council Board of Directors Current
Accredo Health, Incorporated Board of Directors Current
Accredo Corp CEO Former
Mary Kay Inc. President Â?? International Former
PepsiCo, Inc. President Â?? International Former
Medco Health Solutions, Inc. Executive Vice President, Client Strategy and Service Former
Mary Kay Inc. Senior Vice President of Human Resources Former
PepsiCo, Inc. Hr Management Former
Medco, Inc. Former
Cornell University Bachelor’S Degree In Industrial and Labor Relations Former

Organization Position Status
Accredo Health, Incorporated President Current
Accredo Health, Incorporated Board of Directors Current

Organization Position Status
Accredo Corp Chief Financial Officer Current
Accredo Corp Senior Vice President of Finance Current
Accredo Health, Incorporated Senior Vice President Current
Medco Health Solutions, Inc. Vice President of Finance, Key Accounts Former
Villanova University Certified Public Accountant Former
Seton Hall University Masters Degree Former
Villanova University Graduate Former
Wiss & Company, Llp Team Member Former

Organization Position Status
Accredo Health, Incorporated Senior Vice President Current
Accredo Health, Incorporated Board of Directors Current
Hemophilia Health Services, Inc. President Former

Organization Position Status
Accredo Health, Incorporated Vice President, HR Current

Organization Position Status
Accredo Corp Chief Legal Officer Current
Accredo Health, Incorporated Group Vice President and Director of Legal Affairs Current
Accredo Corp Group Vice President Current
Accredo Corp Director of Legal Affairs Current
University of Mississippi Juris Doctorate Former
Mississippi State University Masters Degree Former
Mississippi College Former

Organization Position Status
Accredo Health, Incorporated Current
Medco, Inc. Senior Vice President, Pharmaceutical Contracting Former
Medco Health Solutions, Inc. Senior Vice President, Pharmaceutical Contracting Former
Medco, Inc. Manager Former
Medco Health Solutions, Inc. Manager of Financial Analysis Former
Medco Health Solutions, Inc. Analysis Former

Blenda J. Wilson, Ph.D. , 67, served as President and Chief Executive Officer of the Nellie Mae Education Foundation from July 1999 through December 2006. She was a member of the Board of Directors of the Federal Reserve Bank of Boston from 2003 to 2006, serving as Chairman in 2006. Dr. Wilson was President of California State University, Northridge from 1992 to 1999 and also served as a director for UnionBanCal Corporation from 1993 to 1999. Dr. Wilson is currently Acting President of Cedar Crest College. Dr. Wilson has served as a director of the Company since August 2003.

Organization Position Status
Nellie Mae Education Foundation President Former
New England Futures Current
Accredo Health, Incorporated Current
Nerche Current
Medco Health Solutions, Inc. Chairperson Current
Nellie Mae Education Foundation CEO Former
California State University President Former
California State University, Northridge President Former
Colorado Commission Executive Director Former
Harvard Graduate School of Education Senior Associate Dean Former
Bank of Boston Chairman of Board Former
UnionBanCal Corporation Director Former
Federal Reserve Bank of Boston Board of Directors Former

Organization Position Status
The University of Pennsylvania Health System Associate Vice President, Integrated Program Development Current
University of Pennsylvania School of Medicine Director, Center for Clinical Epidemiology and Biostatistics Current
Accredo Health, Incorporated Current
University of Pennsylvania School of Medicine Professor Former
U.S. Food and Drug Administration Former
University of Pennsylvania School of Medicine Chair, Department of Biostatistics and Epidemiology Former
Medco Health Solutions, Inc. Director Former

Organization Position Status
Accredo Corp Group President, Health Plans Current
Intellicare, Inc. Group President, Health Plans Current
Accredo Health, Incorporated Current
Medco, Inc. Group President Former
Medco, Inc. Senior Vice President of Sales Former
Medco, Inc. Director of Sales Former

Organization Position Status
Medco Health Solutions, Inc. Group President, Employer Accounts Current
Accredo Health, Incorporated Current
Oxford Health Plans Chief Executive Officer Former
WellChoice, Inc. Chief Sales Officer Former
iHealth Technologies Executive Vice President Former
WellChoice, Inc. Senior Vice President Former
iHealth Technologies Founder Former
Oxford Health Plans Corporate Director, Medical Delivery Former
Temple University Master’S Degree Healthcare Administration Former
Temple University Bachelor’S Degree In Finance and Economics Former

Organization Position Status
Accredo Health, Incorporated Current
Somalogic Board of Directors Current
Medco Health Solutions, Inc. Board of Directors Current
The Williams Companies, Inc. Board of Directors Current
SUPERVALU INC. Board of Directors Current
MediaOne Group CEO Former
Washington State University Professor of Business Former
MediaOne Former
MediaOne Group Chairman Former
Charter Communications, Inc. Board of Directors Former
Washington Mutual, Inc. Board of Directors Former
University of Oregon Ph.D. In Business Former
University of Washington M.B.A. Former
University of Oregon Bachelor's Degree Former

As Medco’s Chairman and Chief Executive Officer, David B. Snow, Jr., architected the transformation of Medco Health Solutions into an enterprise that is today recognized as one of the world’s most admired and innovative companies, and a leader in clinically driven pharmacy care that empowers the practice of precision medicine. Mr. Snow joined the company as President and CEO in March 2003, and became Chairman and CEO in June 2003 – leading the company’s successful spin-off and growing the enterprise, which is currently ranked 45th on the Fortune 500 list with 2008 revenues exceeding $51 billion. Directing an investment of nearly $1 billion, Mr. Snow established Medco the world’s most advanced pharmacy® , delivering the safety of unparalleled dispensing accuracy and raising standards for clinical excellence. Nearly half of the company’s 2,600 pharmacists are specialists deployed across Medco Therapeutic Resource Centers®, providing disease-specific therapy management for patients with chronic and complex diseases – patients who account for 96 percent of pharmacy spending and 75 percent of medical costs. With more than 22,000 employees, Medco operations also include Accredo, America’s leading specialty pharmacy; Liberty Medical, the largest diabetes-care company; and several international initiatives. Collaborating with organizations such as the U.S. Food and Drug Administration, The Mayo Clinic, Harvard University, Indiana University School of Medicine and other leading institutions on breakthrough research in personalized medicine, Mr. Snow is forging the future of healthcare, where medicines will be prescribed and dosages determined based on an individual patient’s unique genetic makeup. An outspoken champion of national healthcare reform, Mr. Snow advocates a wired healthcare system that enables evidence-based, protocol-driven medicine to dramatically improve the quality and efficiency of healthcare, provide greater transparency, foster accountability, reduce costs and optimize clinical outcomes. Medco has been named by Forbes magazine as one of the Most Trustworthy companies; and was named by Fortune as among the World’s Most Admired Companies -- capturing the No. 1 position in the Health Care: Pharmacy and Other Services sector for the second consecutive year, and ranked among all companies worldwide as No. 5 Most Admired for Innovation and No. 10 Most Admired for People Management. Medco serves more than 62 million Americans – including employees and retirees in public and private sector organizations, members of health plans and, through Medicare, millions of seniors nationwide. Prior to joining Medco, Mr. Snow served as President and Chief Operating Officer at Wellchoice, Inc. (formerly Empire BlueCross BlueShield). Throughout his career Mr. Snow has served in executive leadership roles for a number of other healthcare companies including Oxford Health Plans, American International Healthcare, Inc. and US HealthCare, Inc. He also co-founded and served as President and CEO of Managed Healthcare Systems, Inc., which was later renamed AmeriChoice. Mr. Snow earned a master’s degree in health care administration from Duke University (1978) and holds a bachelor’s of science degree in economics from Bates College (1976).

Organization Position Status
Medco Health Solutions, Inc. CEO Current
Intellicare, Inc. Chairman and Chief Executive Officer Current
P.C.M.A. Chairman and Chief Executive Officer Current
Accredo Health, Incorporated Current
Pitney Bowes Inc. Board Director Current
Pitney Bowes Inc. Board of Directors Current
Pitney Bowes Inc. E-Commerce & Technology Committee Member Current
Medco, Inc. Chief Executive Officer Former
Medco, Inc. President Former
WellChoice, Inc. President Former
WellChoice, Inc. Chief Operating Officer Former
Oxford Health Plans Executive Vice President Former
Oxford Health Plans Executive Leadership Former
U.S. Healthcare, Inc. Executive Leadership Roles Former
Medco Health Solutions, Inc. President Former
Medco, Inc. Chairman Former
Medco Health Solutions, Inc. Chairman Former
Medco, Inc. Director Former
Impath, Inc. Director Former
Medco Health Solutions, Inc. Director Former
Duke University Master's Degree In Health Care Administration Former
Bates College Bachelor's Degree In Science and Economics Former
Bates College Degree In Economics Former

Organization Position Status
Accredo Health, Incorporated Current
Priceline.com Incorporated Audit Committee Chairman Current
Priceline Mortgage Company, LLC Chairman Current
Fly Cheap Board of Directors Current
Global Hospitality Resources Board of Directors Current
Medco Health Solutions, Inc. Board of Directors Current
The Priceline Negotiator Board of Directors Current
Priceline.Com Launches Limited Board of Directors Current
Priceline Mortgage Company, LLC Board of Directors Current
Anti Anti Mormon Board of Directors Current
Funk This Entertainment, LLC Board of Directors Current
American Institute of Certified Public Accountants Board of Directors Current
American Institute of Certified Public Accountants Member Current
Medco Health Solutions, Inc. Committee Member Current
KPMG International partner Former
Medco Health Solutions, Inc. Audit Committee Chairman Former
Priceline.com Incorporated Director Former

Organization Position Status
Cross Atlantic Partners Managing Partner Current
Chromax Partner Current
Nutrition 21, Inc. Partner Current
Accredo Health, Incorporated Current
Eximias Pharmaceutical Corporation Chairman Current
Galt Associates, Inc. Director Current
Nutrition 21, Inc. Board of Directors Current
Preferred Global Health Director Current
Medivance, Inc. Director Current
Medco Health Solutions, Inc. Board of Directors Current
Chromax Board of Directors Current
Dlife Board of Directors Current
Medco Health Solutions, Inc. Committee Member Current
Johnson & Johnson Development Corp. Founder Former
J & J Development, Inc. Founder Former
Johnson & Johnson Manager Former
Acquisitions Ltd. Manager Former
Medco Health Solutions, Inc. Chair Person, Compensation Committee Former
Medivance, Inc. Chairman Former
Galt Associates, Inc. Chairman Former
Nutrition 21, Inc. Chairman Former
ILEX Oncology, Inc. Chairman Former
Impath, Inc. Board Member Former
Harvard Business School Mba '72 Former
Harvard University Ba '70 Former

John P. Driscoll has served as President, New Markets since May 2006, and is responsible for Medco's consumer-driven programs, insured solutions and business development. He is also responsible for the development of new business and markets domestically and internationally. Mr. Driscoll joined Medco in 2003 initially serving as Senior Vice President, Product and Business Development. Prior to joining Medco, Mr. Driscoll worked for Oak Investment Partners as an advisor on health care investments and as Chairman of one of Oak's portfolio companies. Mr. Driscoll also held the position of Executive Vice President of

Organization Position Status
New Markets, LLC President Current
Intellicare, Inc. President, New Markets Current
Accredo Corp President, New Markets Current
Medco Health Solutions, Inc. President, Insured and Emerging Markets Current
Rxhub LLC Senior Vice President, Product and Business Developmentmedco Health Solutions, Inc. Current
Accredo Health, Incorporated Current
Outward Bound Board of Advisors Current
Walker Digital Corporation Executive Vice President Former
Medco Health Solutions, Inc. Senior Vice President, Product and Business Development Former
Oxford Health Plans Corporate Vice President of Government Programs Former
Oak Investment Partners Advisor Former
Medco, Inc. Former
Los Angeles Times Former
Oak Investment Partners Chairman Former

Organization Position Status
Accredo Health, Incorporated Current
Medco Health Solutions, Inc. Former
Ernst & Young Former

Organization Position Status
Intellicare, Inc. Senior Vice President, Human Resources Current
Medco, Inc. Senior Vice President Current
Accredo Corp Senior Vice President, Human Resources Current
Accredo Health, Incorporated Current
Citigroup Inc. Vice President of Human Resources Former

Organization Position Status
Medco, Inc. President Current
Medco Health Solutions, Inc. President Current
Intellicare, Inc. President and Chief Operating Officer Current
Accredo Health, Incorporated Current
WellChoice, Inc. Chief Operating Officer Former
Medco, Inc. Chief Operating Officer Former
Medco Health Solutions, Inc. Chief Operating Officer Former
Medco, Inc. Executive Vice President Former
WellChoice, Inc. Executive Management Positions Former
Cigna HealthCare Executive Management Positions Former

Organization Position Status
Accredo Health, Incorporated Coordinator, Investor Relations Current

Organization Position Status
Intermountain Health Care Inc. Trustee Current
Accredo Health, Incorporated Current
Intermountain Health Care Inc. Board of Directors Current
Medco Health Solutions, Inc. Board of Directors Current
CardioNet, Inc. Board of Directors Former

Organization Position Status
Accredo Health, Incorporated Current
Everyday Food Board of Directors Current
Matthew J. Cook Board of Directors Current
Amy's Robot Board of Directors Current
Kids' Entertainment Director Current
The Bear Stearns Companies Inc. Board of Directors Current
United Retail Group, Inc. Board of Directors Current
Finlay Enterprises, Inc. Board of Directors Current
Medco Health Solutions, Inc. Board of Directors Current
Martha Stewart Living Omnimedia, Inc. Board of Directors Current
Galyan's Trading Company, Inc. Director Current
4 Kids Entertainment, Inc. Board of Directors Current
Medco Health Solutions, Inc. Committee Member Current
Toys "R" Us, Inc. Chairman & CEO Former
Toys & Co. Chairman Former
Finlay Fine Jewelry Corporation Board of Directors Former

Richard J. Rubino has served as Medco’s Senior Vice President and Chief Financial Officer since March 2008. Mr. Rubino is responsible for all financial activities, including accounting, treasury, reporting, planning, analysis, procurement, investor relations and financial evaluation. Mr. Rubino joined Medco in 1993, and has served as Vice President of Planning, Controller, and Chief Accounting Officer. Prior to joining Medco, he held various positions at International Business Machines Corporation and Price Waterhouse & Co. Mr. Rubino is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

Organization Position Status
Intellicare, Inc. Senior Vice President, Finance and Chief Financial Officer Current
Medco Health Solutions, Inc. Senior Vice President, Finance and Chief Financial Officer Current
Accredo Corp Senior Vice President, Finance and Chief Financial Officer Current
Medco, Inc. Senior Vice President Current
Accredo Health, Incorporated Current
American Institute of Certified Public Accountants Board of Directors Current
American Institute of Certified Public Accountants Member Current
Medco, Inc. Controller Former
Medco Health Solutions, Inc. Controller Former

Organization Position Status
Accredo Health, Incorporated Current
Accredo Nova Factor President Former
Medco Health Solutions, Inc. Chief Medical Officer for Health Plans Former
Medco Health Solutions, Inc. Vice President Former
University of Chicago Internist Former
New York University MBA Former
Michigan State University Medical Degree Former

Organization Position Status
Accredo Health, Incorporated general counsel Current
Medco Health Solutions, Inc. Former
Accredo Nova Factor Former

Organization Position Status
Accredo Health, Incorporated Board of Directors Current

Organization Position Status
Ardent Health Services, LLC Partner Current
Accredo Health, Incorporated Director Current
Ardent Health Services, LLC Manager Former
Wcas Consultant Former

Organization Position Status
Accredo Health, Incorporated Board of Directors Current

Kevin L. Roberg has served as a director of Omnicell since June 1997. Mr. Roberg is a partner at Delphi Ventures, a venture capital firm. From December 1995 to June 1998, Mr. Roberg served as president and CEO of ValueRx, a Value Health Company. From April 1995, until it was acquired by ValueRx in December 1995, Mr. Roberg served as president and CEO of Medintell Systems Corporation, a pharmaceutical information management company. From June 1994 to April 1995, Mr. Roberg served as president of Western Health Plans and president of PRIMExtra, Inc. for EBP Health Plans, Inc. a third-party administrator. Mr. Roberg received a B.S. from the University of Iowa. Mr. Roberg is also a director of Duane Reade, Inc. and Accredo Health, Inc.

Organization Position Status
Delphi Ventures Partner Current
Duane Reade, Inc. Director Current
Accredo Health, Incorporated Director Current
Omnicell Inc. Board of Directors Current
GlaxoSmithKline Plc Former
The University of Iowa B.S. Former

Organization Position Status
Ccmp Capital Advisors, LLC Managing Director Current
Wharton Graduate School of the University of Pennsylvania National Consultant Current
Lingologix Board of Directors Current
Bridge Medical, Inc. Board of Directors Current
DaVita, Inc. Director Current
Robert Wood Johnson Foundation Board of Directors Current
Boston Scientific Corporation Board of Directors Current
Triad Hospitals, Inc. Director Current
Cerner Corporation Director Current
Accredo Health, Incorporated Director Current
Bridgeton MRI Board of Directors Current
Carolinas Diagnostic Imaging Board of Directors Current
Drug Safety Board of Directors Current
Vienna Diagnostic Imaging, Inc Board of Directors Current
Open MRI of Simpsonville Board of Directors Current
West Paces Diagnostic Imaging LLC Board of Directors Current
MRI & Imaging of Midtown Board of Directors Current
Hcfa.Com Administrator Former
Harvard University Fellow, Institute of Politics and the Interfaculty Health Policy Forum Former
Health Care Financing Administration Administrator Former
Human Services Inc Commissioner Former
The Wharton School of the University of Pennsylvania Adjunct Professor Former
Robert Wood Johnson Foundation Trustee Former
Guidant Corporation Director Former
Harvard Law School Juris Doctorate Former
University of Oxford Master's Degree In Politics and Economics Former
Balliol College M.A. In Politics and Economics Former
The University of Tennessee Bachelor's Degree Former
University of Oxford Bachelors Degree Former

Organization Position Status
Accredo Health, Incorporated Board of Directors Current

Organization Position Status
Accredo Health, Incorporated Board of Directors Current

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