Top Qs
Timeline
Chat
Perspective
Diversified Pharmaceutical Services
From Wikipedia, the free encyclopedia
Remove ads
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]
 | This article needs additional citations for verification. (May 2019) |
![[icon]](#/media/File:Wiki_letter_w_cropped.svg){kind=small} | This section needs expansion. You can help by adding to it. (January 2020) |
Remove ads
History
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
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads