PBMs contract with managed care organizations, self-insured employers, insurance companies, unions, Medicaid and Medicare managed care plans, the Federal Employees Health Benefits Program and other federal, state, and local government entities to provide managed prescription drug benefits.
The attachments also include financial statement and instructions. What was the major force driving this acquisition? I'm adding a major part of the problem that I didn't. For a complete understanding of our business and the distribution, we urge you to read this entire document carefully, including the risk factors, our historical and pro forma consolidated financial statements and the notes to those financial statements.
Apply concepts from the course material correctly toward solving the business problem. This will favor those firms with manufacturing, distribution, and prescription management capabilities. Numerous opportunities exist for Merck to utilize the information contained in Medco's database.
The Grading Rubric is as follows: Understanding; Demonstrate a strong grasp of the problem at hand.
Finally, Merck will be able to use Medco's computerized patient record system as a real-life laboratory with the goal of proving that some Merck drugs are worth the premium price charged.
This prospect of increasing sales is enormous. These mergers were not only a reaction to the changing industry structure but caused the change to accelerate.