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How did AdvancePCS do in 2004?

Updated: 8/19/2019
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IntnlDirofBizBios

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13y ago

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The deal closed in March 2004, but not before AdvancePCS experienced its 37th consecutive quarter of record earnings, up 22 percent from the prior quarter.

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Q: How did AdvancePCS do in 2004?
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What is Halbert's career?

Career: AdvancePCS, 1987-2004, chairman and chief executive officer; president, 2003-2004. Awards: Named one of the 40 best Dallas-area executives under 40, Dallas Business Journal, 1991.


What has Halbert's success has been likened by some to that of?

business greats Ross Perot and Bill Gates, "founding executives who created something from nothing" (Fort Worth Star-Telegram, September 10, 2003). AdvancePCS was acquired by Caremark Rx in 2004, and Halbert left the company


What was the result of Caremark's acquisition of AdvancePCS?

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What did the management at AdvancePCS announce in the fall of 2003?

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What proposal did Bush ask Halbert to write in 2001?

to offer drug discount cards to seniors. Many felt the move was inappropriate, however, because AdvancePCS stood to benefit from the program if Medicare endorsed the company to issue the cards.


What did David Dean Halbert cofound?

cofounder, chairman, president, and chief executive officer of AdvancePCS, a pharmacy benefit management service company. Halbert led the company from its modest beginnings in 1987 to a multibillion-dollar industry leader in the early 2000s


How did Halbert set his sights higher in 2000?

with the purchase of PCS Health Systems from Rite Aid Corporation, to establish AdvancePCS, the nation's largest pharmacy benefit management company. Analysts called it "a home run for Advance Paradigm" (Dallas Morning News, July 12, 2000).


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10% off of 2004 = 1803.6= 10% discount applied to 2004= 2004 - (10% * 2004)= 2004 - (0.10 * 2004)= 2004 - 200.4= 1803.6


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