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 WentworthNumber of Employees 1,977
Contact Information
1640 Century Ctr Pkwy Ste 101
Memphis, Tennessee 38134-8822
(901) 385-3600
Peer Companies
NAICS Code Kidney Dialysis Centers: 621492
News & Analysis
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accredo health inc. - All News and Analysis
Medco deal ups ante in specialty pharmacy
FRANKLIN LAKES, N.J. -- Biotech and specialty pharmacy is evolving from a niche sector to a priority among employers and health care plans seeking avenues for providing care to their members while managing the price tags of such medications--which often cost thousands of dollars a month. And that financial...
Accredo Health, Inc. Announces Third Quarter Results
MEMPHIS, Tenn. -- Accredo Health, Incorporated (NASDAQ: ACDO) today reported results for its third quarter ended March 31, 2005. Revenues for the quarter increased 26% to $517,060,000 compared to $409,308,000 for the same period in fiscal 2004. Earnings before minority interest, interest, taxes, depreciation and amortization EBITDA increased 2% to...
Accredo Health, Inc. Announces Expiration of Hart-Scott-Rodino Waiting Period
MEMPHIS, Tenn. -- Accredo Health, Incorporated (NASDAQ: ACDO) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, relating to the proposed acquisition of Accredo by Medco Health Solutions, Inc. (NYSE: MHS), was not extended by a second request for information by the government and expired...
Medco to acquire Accredo for $2.2 B
Medco Health Solutions, Inc., Franklin Lakes, agrees to acquire Tennessee-based Accredo Health, Inc. in a cash and stock transaction valued at $2.2 billion. The combination of Medco, one of the country's largest pharmacy benefit managers, with a provider of specialty pharmacy services will create America's leading provider of specialty pharmacy...
Medco broadens reach with accredo acquisition
FRANKLIN LAKES, N.J. -- Medco Health Solutions Inc. is buying Accredo Health Inc. in a transaction valued at $2.2 billion. The purchase will create the country's leading provider of specialty pharmacy products and services, generating more than $4 billion in annual net revenues, according to Medco. "We believe...
A whole new market.(The Week In Healthcare)(acquisition between Medco Health Solutions and Accredo Health)
Byline: Cinda Becker Medco Health Solutions' $2.2 billion proposal to acquire Accredo Health, a leader in specialty pharmacy services, promises to fatten the pharmacy benefit manager's margins by staking out a position in the emerging area of disease management. The combination...
Accredo Health, Inc. Announces Second Quarter Results and Increases Fiscal 2005 Estimates
MEMPHIS, Tenn. -- Accredo Health, Incorporated (NASDAQ: ACDO) today reported results for its second quarter ended December 31, 2004. Revenues for the quarter increased 29% to $503,946,000 compared to $389,781,000 for the same period in fiscal 2004. Net earnings increased 2% to $20,212,000 for the quarter ended December 31, 2004...
Accredo Health Announces 2nd Quarter Earnings Release Date and Conference Call Information
MEMPHIS, Tenn. -- Accredo Health, Incorporated (Nasdaq:ACDO):ACCREDO HEALTH, INCORPORATED (Nasdaq:ACDO) 2nd QUARTER EARNINGS RELEASE ...
WallStreetGrapevine.com "Spotlight" Alert - MSSI, ICOR, ACDO.
M2 PRESSWIRE-8 December 2004-WallStreetGrapevine: WallStreetGrapevine.com "Spotlight" Alert - MSSI, ICOR, ACDOC1994-2004 M2 COMMUNICATIONS LTD RDATE:12082004 MSSI-TeleScience International, Inc. (OTC Bulletin Board: MSSI - News), a provider of long-term medical personnel, homeland security and technology services to federal, state and local...
Accredo Health, Inc. Announces Results of Annual Shareholders' Meeting
MEMPHIS, Tenn. -- Accredo Health, Incorporated (NASDAQ: ACDO) announced today that Nancy-Ann DeParle, William Edward Evans and Kenneth R. Masterson were re-elected as Class III directors of the Company at the annual meeting of stockholders held today at the Company's corporate headquarters in Memphis, Tennessee. The term of the Class...
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 |
| Kerry Finney | Coordinator, Investor Relations |
| 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 | Coordinator, Investor Relations | Current |
| 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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Medco to Present at September 2009 Investor Conferences
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Medco to Present at September 2009 Investor Conferences
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Touchstone Health: Touchstone Health Names Bryan D. Birch as President and Chief Executive Officer
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Touchstone Health Names Bryan D. Birch as President and Chief Executive Officer
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Medco seen as lead bidder for Aetna's PBM: sources
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Oval Office Visit Hints at Daschle's Role: President Consulting Man He Once Wanted as Czar on the Issue
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Oval Office Visit Hints at Daschle's Role
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Daschle's Visit Hints at Role
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Visit With Obama Hints at Daschle's Continuing Insider Role on Health-Care Front
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Medco Health Solutions, United Drug Announce U.K. Homecare Pharmacy Joint Venture...
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Medco Health Solutions, United Drug Announce U.K. Homecare Pharmacy Joint Venture Serving Patients with Chronic and Complex Health Conditions; Innovations to Improve Clinical Quality, Reduce Costs
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Is this 1994 All Over Again? An Interview with Nancy-Ann DeParle
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