MedImpact Healthcare Systems, Inc. · San Diego, CA United States
Company Description
View MedImpact Healthcare Systems, Inc. Locations On A US Map
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This link will open in a new window MedImpact Healthcare Systems fills the prescription for keeping its customers' and its own bottom line in healthy condition. The company provides and manages prescription benefit programs for self-insured employers, health plans, unions, insurers, third-party administrators and others, covering some 30 million members across the US. MedImpact handles administrative operations such as claims processing and network management. While the company does not actually dispense any drugs, it does provide formulary designs, disease management programs, reporting on usage trends, and other clinical consulting services. The company was founded in 1989. To read the full description, subscribe now.
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Key MedImpact Healthcare Systems, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 650 |
MedImpact Healthcare Systems, Inc. Executives
6 executives listed for MedImpact Healthcare Systems, Inc.'s San Diego, CA location.
| Title | Name & Bio | Contact |
| President and CEO | Frederick Howe | Network |
| SVP Operations | Jerry Parker | Network |
| CFO | David Wheeler | Network |
Competition
Competitive Landscape for MedImpact Healthcare Systems, Inc.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top MedImpact Healthcare Systems, Inc. Competitors
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