Pharmaceutical Industry Maryland

Medco Loses Contract as Drug Retailers Shun It : Health care: The Maryland incident, which has sparked an investigation, reflects a wider problem.

December 29, 1995 | From Times Staff, Wire Reports

Medco Containment Services Inc. lost a $266-million contract with Maryland after drugstores refused to work with the managed-care company, prompting a state investigation of some of the largest retail pharmacy chains. The state revoked the contract after about 60% of the state's drugstore chains--including Rite Aid Corp., Giant Food Inc. and CVS Pharmacy Inc.--refused to fill prescriptions covered by Medco's reimbursement plan.

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Medco Loses Contract as Drug Retailers Shun It : Health care: The Maryland incident, which has sparked an investigation, reflects a wider problem.

December 29, 1995 | From Times Staff, Wire Reports

Medco Containment Services Inc. lost a $266-million contract with Maryland after drugstores refused to work with the managed-care company, prompting a state investigation of some of the largest retail pharmacy chains. The state revoked the contract after about 60% of the state's drugstore chains--including Rite Aid Corp., Giant Food Inc. and CVS Pharmacy Inc.--refused to fill prescriptions covered by Medco's reimbursement plan.

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