Express Scripts Holding Company provides a range of pharmacy benefit
management (PBM) services in North America. It offers healthcare
management and administration services on behalf of its clients, which
include health maintenance organizations, health insurers, third-party
administrators, employers, union-sponsored benefit plans, workers
compensation plans, and government health programs. The company's
integrated PBM services comprise network claims processing, home
delivery services, patient care and direct specialty and fertility home
delivery to patients, benefit plan design consultation, drug utilization
review, formulary management, drug data analysis services, distribution
of injectable drugs to patients homes and physicians offices,
bio-pharma services, and fulfillment of prescriptions to low-income
patients through manufacturer-sponsored patient assistance programs. It
is also involved in the distribution of pharmaceuticals and medical
supplies to providers and clinics; international retail network pharmacy
management; home delivery pharmacy services in Germany; scientific
evidence to guide the use of medicines, and diabetes prescriptions and
testing supplies; and healthcare administration and implementation of
consumer-directed healthcare solutions.
To analyze Express' stock for potential trading opportunities, please
take a look at the 1-year chart of ESRX (Express Scripts Holding
Company) below with my added notations:
ESRX has a key price level at $56 (navy). Not only can you see the
$56 resistance from back in July and over the last (4) months, but that
price has also acted as support on a couple of occasions. So, the $56
level is key to this stock. If you are bullish, you would want to buy
the stock on a pullback to $56. However, if you are bearish, you might
short ESRX on a break of the $56 support.
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