Evernorth Health, Inc. - Strategic SWOT and PESTLE Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, and Recent Trends
Company Report I 2024-09-19 I 73 Pages I Quaintel Research
Report Summary
Evernorth Health, Inc. - Strategic SWOT and PESTLE Insights - A 360 Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence, and Recent Trends Report is a comprehensive and easily accessible overview of Evernorth Health, Inc.'s business operations. It provides a detailed analysis of the company's strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about Evernorth Health, Inc. including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses Evernorth Health, Inc.'s strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. The PESTLE analysis evaluates the external factors impacting the company's operations and market environment. Additionally, By integrating these strategic analyses, the report offers a comprehensive understanding of Evernorth Health, Inc.'s overall strategic standing and supports informed decision-making and strategic planning.
Finally, the report includes recent news and deal activities undertaken by Evernorth Health, Inc. enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
Evernorth Health, Inc. (formerly Express Scripts), founded in 1986, is a leading pharmacy benefit management (PBM) organization in the United States, having undergone significant transformation following its acquisition by Cigna Corporation in 2018. As part of the broader Evernorth brand under Cigna, the company remains dedicated to improving health outcomes and reducing the cost of prescription drugs for millions of Americans.
Evernorth Health, Inc. continues the legacy of Express Scripts by playing a crucial role in the healthcare industry, managing pharmacy benefits for a diverse clientele, including health plans, self-insured employers, and government programs. The company specializes in processing and paying prescription drug claims, negotiating discounts and rebates with drug manufacturers, and offering comprehensive PBM services such as formulary management, drug utilization review, disease management, and mail-order pharmacy services. These services are designed to ensure cost-effective access to necessary medications while optimizing pharmacy benefits.
Building on its extensive scale and negotiating power, Evernorth Health, Inc. leverages advanced data analytics and clinical expertise to enhance medication adherence, promote better health outcomes, and streamline the overall medication management process. Its nationwide network of retail pharmacies, along with a robust mail-order service, ensures that medications are conveniently accessible to patients across the country.
Evernorth Health, Inc. in the News:-
- 28-Aug-2024 - Following through on our 24/7 promise
- 19-Aug-2024 - What to expect when starting antidepressants for the first time
- 05-Aug-2024 - Prescription refills vs. renewals
- 23-Jul-2024 - The dangers of low blood sugar (hypoglycemia) - and what you can do about it
- 19-Jun-2024 - Express Scripts by Evernorth Members Paid Less for Prescriptions in 2023 Despite Drug Price Increases
Scope
- Tactical Analysis:- Various strategic frameworks to gain insights into a company's competitive position and operational environment. These analytical tools assist in identifying competitive advantages, potential risks, and areas for improvement and efficiency, enabling companies to make informed tactical decisions.
- Business Strategy:- Contributes to shaping the company's overall direction, goals, and decision-making processes, ensuring long-term success and alignment with stakeholder expectations.
- Company Fundamentals:- These fundamentals offer valuable insights into the company's history, operations, leadership, and geographical presence, aiding in a comprehensive understanding of the organization.
- Competitive Landscape:- An identification of the company's main competitors, providing insights into the competitive landscape it operates in.
Reasons to Buy
- Comprehensive Understanding of the Evernorth Health, Inc.'s internal and external factors through SWOT analysis, PESTLE analysis and Competitors Benchmarking.
- Strive Strategic Decision Making with various analyses and identifying potential customers and suppliers.
- Mitigate Risk with help of thorough analysis of internal and external factors. Furthermore, develop strategies and contingency plans to address these challenges and minimize their impact on business operations.
- Competitive Benchmarking will help to gain a competitive advantage by understanding industry trends, customer preferences, and best practices.
- Valuable insights from the report enable investors and partners to make informed decisions regarding potential Collaborations, Investments, or Partnerships with the company.
Additionally, available deep-dive analysis on the company Evernorth Health, Inc.:
- Evernorth Health, Inc. Value Chain Analysis
- Evernorth Health, Inc. Porter's Five Forces Analysis
- Evernorth Health, Inc. VRIO Analysis
- Evernorth Health, Inc. BCG Analysis
- Evernorth Health, Inc. Segmentation, Targeting and Positioning (STP) Analysis
- Evernorth Health, Inc. Ansoff Matrix Analysis
Table of Contents
Table of Contents 2
Tables 5
Charts 6
Evernorth Health, Inc. - Key Company Facts 7
Evernorth Health, Inc. - Company Description 8
Evernorth Health, Inc. - Top Executives 9
Evernorth Health, Inc. - Head Office & Locations 10
Head Office - Country 10
Evernorth Health, Inc. - Products and Services 11
Products 11
Services 12
Evernorth Health, Inc. - Company's Mission and Vision 13
Mission 13
Evernorth Health, Inc. - Corporate Strategy 14
Evernorth Health, Inc. - Business Description 17
Retail Pharmacy Services 17
Specialty Pharmacy Services 17
PBM Solutions 18
Evernorth Health, Inc. - ESG Spotlight 19
Environment 19
Social 20
Corporate Governance 20
Evernorth Health, Inc. - SWOT Analysis 21
Overview 21
Strengths 23
Weaknesses 26
Opportunities 28
Threats 31
Evernorth Health, Inc. - PESTLE Analysis 33
Overview 33
Political Factors 35
Economic Factors 36
Social Factors 37
Technological Factors 39
Legal Factors 41
Environmental Factors 43
Competing Players 45
Snapshot of Competing Players 46
Elevance Health Inc. 46
Key Company Facts 46
Company Description 46
Cardinal Health Inc 48
Key Company Facts 48
Company Description 48
CVS Health Corp 50
Key Company Facts 50
Company Description 50
Humana Inc 52
Key Company Facts 52
Company Description 52
UnitedHealth Group Inc 54
Key Company Facts 54
Company Description 54
Evernorth Health, Inc. - In the News 57
28-Aug-2024- Following through on our 24/7 promise 57
19-Aug-2024- What to expect when starting antidepressants for the first time 59
05-Aug-2024- Prescription refills vs. renewals 62
23-Jul-2024- The dangers of low blood sugar (hypoglycemia) - and what you can do about it 64
19-Jun-2024- Express Scripts by Evernorth Members Paid Less for Prescriptions in 2023 Despite Drug Price Increases 67
23-May-2024- Express Scripts enhances strategies to support access to care at independent pharmacies 69
Appendix 71
Definitions 71
SWOT Analysis 71
PESTLE Analysis 71
Value Chain Analysis 71
ESG Spotlight 71
Research Methodology 72
Disclaimer 73
Contact Us 73
Tables
Table 1: Evernorth Health, Inc. - Company Facts
Table 2: Evernorth Health, Inc. - Top Executives
Table 3: Evernorth Health, Inc. - Products
Table 4: Evernorth Health, Inc. - Services
Table 5: Evernorth Health, Inc. -Competing Players
Table 6: Competing Players - Elevance Health Inc. - Key Company Facts
Table 7: Competing Players - Elevance Health Inc. - Key Financials
Table 8: Competing Players - Cardinal Health Inc - Key Company Facts
Table 9: Competing Players - Cardinal Health Inc - Key Financials
Table 10: Competing Players - CVS Health Corp - Key Company Facts
Table 11: Competing Players - CVS Health Corp - Key Financials
Table 12: Competing Players - Humana Inc - Key Company Facts
Table 13: Competing Players - Humana Inc - Key Financials
Table 14: Competing Players - UnitedHealth Group Inc - Key Company Facts
Table 15: Competing Players - UnitedHealth Group Inc - Key Financials
Charts
Figure 1: Evernorth Health, Inc. - SWOT Analysis
Figure 2: Evernorth Health, Inc. - PESTLE Analysis
Figure 3: Competing Players - Elevance Health Inc. - Key Financials
Figure 4: Competing Players - Cardinal Health Inc - Key Financials
Figure 5: Competing Players - CVS Health Corp - Key Financials
Figure 6: Competing Players - Humana Inc - Key Financials
Figure 7: Competing Players - UnitedHealth Group Inc - Key Financials
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