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CDHP Product Managers: Re-Examine Your Platform Options

Express Scripts' Acquisition Of ConnectYourCare Ensures Long-Term Viability

November 15, 2007

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Why Read This Brief

On October 11, 2007, Express Scripts, Inc. (ESI) one of the largest pharmacy benefits managers (PBMs) in the US announced its acquisition of ConnectYourCare (CYC). Although we ranked CYC as a Leader in the 2006 Forrester Wave™ evaluation of consumer-directed health plan (CDHP) administration platforms, this recent transaction promises to save the startup from what was shaping up to be a tenuous financial future. This unanticipated if not unlikely acquisition of a successful technology startup by a leading payer in the health insurance industry is a positive step for both companies and, more importantly, for their clients' product management professionals.

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