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Diversified Pharmaceutical Services

Diversified Pharmaceutical Services entered the market in 1976 as the pharmacy benefit manager for United HealthCare, a leading managed care organization.[1] It pioneered many cost containment strategies that are now core pharmacy benefit manager services and became a recognized leader in clinical programs.[citation needed]

History edit

Diversified Pharmaceutical Services (DPS) grew out of the pharmacy department within United Healthcare.[2]

The company was sold to SmithKline Beecham for $2.3 billion in May 1994.[3] In 1999, it was acquired by Express Scripts in 1999 for $700 million in cash to create what was then the third largest pharmacy benefit manager in the United States.[1]

References edit

  1. ^ a b , PRNewswire, St. Louis, February 9, 1999, archived from the original on January 27, 2018, retrieved October 31, 2015
  2. ^ Navarro, Robert (1999). Managed Care Pharmacy Practice. Jones & Bartlett Learning. p. 225. ISBN 978-0-8342-1205-3.
  3. ^ Freudenheim, Milt (May 9, 1994). "A Shift of Power in Pharmaceuticals". The New York Times. ISSN 0362-4331. Retrieved March 4, 2020.


diversified, pharmaceutical, services, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scho. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Diversified Pharmaceutical Services news newspapers books scholar JSTOR May 2019 Learn how and when to remove this message This section needs expansion You can help by adding to it January 2020 Diversified Pharmaceutical Services entered the market in 1976 as the pharmacy benefit manager for United HealthCare a leading managed care organization 1 It pioneered many cost containment strategies that are now core pharmacy benefit manager services and became a recognized leader in clinical programs citation needed History editDiversified Pharmaceutical Services DPS grew out of the pharmacy department within United Healthcare 2 The company was sold to SmithKline Beecham for 2 3 billion in May 1994 3 In 1999 it was acquired by Express Scripts in 1999 for 700 million in cash to create what was then the third largest pharmacy benefit manager in the United States 1 References edit a b Express Scripts to Acquire Diversified Pharmaceutical Services PRNewswire St Louis February 9 1999 archived from the original on January 27 2018 retrieved October 31 2015 Navarro Robert 1999 Managed Care Pharmacy Practice Jones amp Bartlett Learning p 225 ISBN 978 0 8342 1205 3 Freudenheim Milt May 9 1994 A Shift of Power in Pharmaceuticals The New York Times ISSN 0362 4331 Retrieved March 4 2020 nbsp This article about a medical pharmaceutical or biotechnological corporation or company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Diversified Pharmaceutical Services amp oldid 999195022, wikipedia, wiki, book, books, library,

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