AdvancePCS Announces Addition to Senior Management Team; Gail Marcus Joins AdvancePCS as Senior Vice President.Business Editors/Health/Medical Writers IRVING Irving, city (1990 pop. 155,037), Dallas co., N Tex., a suburb of Dallas; inc. as a city 1952. Building supplies, chemicals, electronic equipment, and airplane parts are manufactured in Irving. , Texas--(BUSINESS WIRE)--May 28, 2003 AdvancePCS (Nasdaq: ADVP) announced today that Gail Marcus has joined the company as senior vice president, product and pricing strategy and chief competitive officer. Marcus will guide the company's activities in client pricing and analysis, competitive intelligence, strategic initiatives and product development activities. Marcus will be based at the corporate headquarters in Irving. She will become a member of the Operating Committee and will report to David D. Halbert, chairman, president and chief executive officer. "I am very pleased to bring on such a talented, experienced health care veteran to our management team," said Halbert. "In our highly competitive environment, where we are constantly challenged to pioneer new services for our clients, Gail's strengths in finance and strategy will certainly enhance the value proposition that we offer to our clients." Marcus comes to AdvancePCS from CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) Corp., where she held a number of senior executive roles in finance, strategy, product management and general management during her 20-year career. Most recently, Marcus was managing director, CIGNA UK Healthcare and Group Life, where she led the health and life insurance business in the United Kingdom. She holds a bachelor's degree from Wesleyan University Wesleyan University, at Middletown, Conn.; coeducational; chartered and opened 1831. There are special cooperative study programs with the California Institute of Technology and the engineering department of Columbia Univ. , a master of science degree from the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. in computer and information sciences, and a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in business administration from the Wharton School at the University of Pennsylvania. About AdvancePCS AdvancePCS (www.advancepcs.com) is the nation's largest independent provider of health improvement services, touching the lives of more than 75 million health plan members and managing approximately $28 billion in annual prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, spending. AdvancePCS offers health plans a wide range of health improvement products and services designed to improve the quality of care delivered to health plan members and manage costs. The company's capabilities include integrated mail service and retail pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. networks, innovative clinical services, customized disease management programs, specialty pharmacy, outcomes research, information management, prescription drug services for the uninsured and online health information for consumers. AdvancePCS clients include Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. organizations, insurance companies and HMOs, Fortune 500 employers, Taft-Hartley groups, state and local governments and other health plan sponsors. AdvancePCS is ranked by Fortune magazine as one of America's 100 fastest-growing public companies and is included on the Forbes Platinum 400 list of best big companies. AdvancePCS earned the No. 2 spot on the Barron's 500 list of best-performing companies. |
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