One of the Busiest Stores This Holiday Season Could Be Your Internet Pharmacy!
One of the Busiest Stores This Holiday Season Could Be Your Internet Pharmacy!
Medco Processes Record Number of Prescription Orders on the Monday after Thanksgiving
FRANKLIN LAKES, N.J., Dec. 15 /PRNewswire-FirstCall/ -- Although the day after Thanksgiving is commonly viewed as the busiest day of the shopping season, in the world of pharmacy, peak volume hits on the Monday after Thanksgiving -- and this year was no exception. Medco Health Solutions, Inc. (NYSE:MHS) today announced that its Internet pharmacy, http://www.medco.com/, set new records the Monday after Thanksgiving, processing in one day the number of prescriptions an average community pharmacy processes in 18 months.
"Although the post-Thanksgiving shopping binge is largely driven by holiday bargain hunters, the post-Thanksgiving pharmaceutical phenomenon remains an interesting, predictable -- but largely mysterious -- occurrence. But there is one connection -- consumers are increasingly turning to the Internet in both cases to take advantage of the added convenience and lower cost," said Tom Feitel, Medco's chief web officer. "No line at the counter, no drive to the stores, no battle with the crowds -- a click or two away to what you need."
Medco.com processed orders for 80,000 total prescriptions on Monday, Nov. 29. For the week ending Dec. 3, medco.com broke company records with more than 500,000 logins and orders for over 410,000 prescriptions, the most logins and prescription orders the site has experienced in one week.
Recently, medco.com was awarded six eHealthcare Leadership Awards by eHealthcare Strategy and Trends, including two awards that recognize Medco Chairman, President and CEO David B. Snow Jr. for his commitment to improving healthcare through technology and the Internet.
About Medco
Medco Health Solutions, Inc., a leading pharmacy benefit manager with the nation's largest mail order pharmacy operations, assists its customers to moderate the cost and enhance the quality of prescription drug benefits provided to members nationwide. Its customers include private- and public- sector employers and healthcare organizations. Medco is traded on the New York Stock Exchange under the symbol MHS. On the Net: http://www.medco.com/.
This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. We undertake no obligation to publicly update any forward- looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this presentation should be evaluated together with the risks and uncertainties that affect our business, particularly those mentioned in the Risk Factors section of the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission.
Source: Medco Health Solutions, Inc.
CONTACT: Jennifer Leone of Medco, +1-201-269-6042,
jennifer_leone@medco.com, or Kevin Lamb or Caitlin Faulkner of Coyne Public
Relations, +1-973-316-1665
Web site: http://www.medco.com/
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