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Alexkid

Walgreen pushes to keep Express Scripts clients
The Associated Press

04:50:07PM (ET) Friday,December 30,2011.

DEERFIELD, Ill. (AP) — Walgreen CEO Greg Wasson said Friday chances are probably "slim to none" that the drugstore operator will reach an agreement with pharmacy benefits manager Express Scripts before their current contract ends Saturday.

Walgreen Co. announced that it is taking several steps to help patients covered by an Express Scripts pharmacy network to continue to use Walgreen locations after the agreement ends. It expects to keep more than 120 Express Scripts clients, which include employers and health plans.

Walgreen has said it expects about keep about 10 million of the prescriptions it fills for Express Scripts. It filled about 88 million prescriptions in fiscal 2011, so that would amount to a loss of almost 90 percent of the prescriptions.

Express Scripts Inc. pays Walgreen and other drugstore operators to fill prescriptions. The companies have said since June that they were preparing to stop business once their three-year contract ends this year. Walgreen has said it would rather give up the revenue it gets from Express Scripts than continue filling unprofitable prescriptions.

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Little late for change...
Customers are going elsewhere for(express) prescription refills.
I'm basing it on my local Walgreen.
My local supermarket has a big sign in front over the entrance welcoming Walgreen prescriptions and its customers.

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Yeah...Do That.