Evernorth Health Services
↗St. Louis, USA
Evernorth Health Services is a premier health services company and a subsidiary of The Cigna Group. It was established in 2020 to consolidate Cigna's health service offerings into a single brand, encompassing pharmacy benefit management (PBM), specialty pharmacy, care coordination, and data intelligence services.
The company operates through several major brands, including Express Scripts (one of the largest PBMs in the U.S.), Accredo (specialty pharmacy), eviCore (medical benefits management), and MDLive (virtual care). Evernorth is focused on addressing complex healthcare challenges by leveraging data-driven insights and integrated pharmacy and clinical solutions for employers, health plans, and government organizations.
CLASSIFICATION
Company Type:Digital Health
Therapeutic Areas:
Industry:Healthcare Services
Sub-Industry:Pharmacy Benefit Management (PBM) & Digital Health
SIZE & FINANCIALS
Employees:10000+
Revenue:$150B - $160B
Founded:2020
Ownership:subsidiary
Status:operating
STOCK
Exchange:NYSE
Ticker:CI
Market Cap:$90B - $100B (Cigna Group)
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Biosimilars, Specialty Pharmacy, Gene Therapy (CuraScript SD), Digital Therapeutics
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:The Cigna Group
Acquired By:The Cigna Group (2020-09-01)
Subsidiaries:Express Scripts, Accredo Health Group, eviCore healthcare, MDLive, Quallent Pharmaceuticals
Key Partnerships:Humana (TRICARE contract joint support), Ipsos (DHA TRICARE research), Oscar Health (Shared pharmacy network and clinical services)
COMPETITION
Position:Leader
Competitors:Optum (UnitedHealth Group), CVS Caremark, Medline, Kaiser Permanente
LEADERSHIP
Key Executives:
Eric Palmer - President and CEO
Adam Kautzner - President, Express Scripts
Matt Perlberg - President, Pharmacy and Care Delivery
Board Members:David Cordani (Chairman of Parent Cigna Group)
LINKS
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