AdvancePCS Confirms Earnings Estimates.Business Editors & Health/Medical Writers IRVING, Texas--(BW HealthWire)--Sept. 18, 2001 AdvancePCS (Nasdaq:ADVP), the nation's leading health improvement company, announced today that it is comfortable with Wall Street analyst consensus earnings estimates for the company's second fiscal quarter ended September 30, 2001. The financial results for AdvancePCS' mail order 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. operations and claims processing services were not materially affected by the tragic events of last week. "We have systems and procedures in place that enable us to meet the needs of our health plan clients and their members in the event of a crisis," said David D. Halbert, AdvancePCS chairman and chief executive officer. "After assessing the safety of our employees and partners, our first priority is to ensure that patients receive their medications. We have been able to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. this important obligation without a material effect on our financial results." As announced in a press release following the national tragedy last week, AdvancePCS has been continuing to process mail service prescription orders and retail pharmacy claims as usual. All of the company's call centers are operating and continuing to work through inquiries from health plan members, retail pharmacists This is a list of notable pharmacists.
About AdvancePCS AdvancePCS (www.advancepcsrx.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 more than $21 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. The company offers health plans a wide range of health improvement products and services designed to improve the quality of care delivered to health plan members. he company's capabilities include integrated mail service and retail pharmacy networks, innovative clinical services, customized disease management programs, specialty pharmacy, clinical trials and outcomes research, information management, and prescription drug services for the uninsured. 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 an information technology leader and has developed several online e-health E-health Informatics A philosophy that empowers–E = electronic–health care consumers by bringing information, products and services online solutions, including www.AdvanceRx.com, one of the country's most comprehensive Internet pharmacies internet pharmacy Online A website that offers prescription drugs from the comfort of home Cons The IP or prescribing physician may not be qualified or licensed to prescribe drugs in all states. See Operation Cure-All, VIPPS. . The company's e-health portal, www.BuildingBetterHealth.com, helps people stay healthy by providing valuable information on health and wellness. Forward Looking Statements Any statements included in this press release that are not historical facts and that concern predictions of economic performance and management's plans and objectives constitute forward looking statements under the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Factors that would cause or contribute to such differences include, but are not limited to, changes in the health care industry or the economy in general, changes in the legislative or regulatory environment, and other factors detailed in AdvancePCS' Securities and Exchange Commission filings. |
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