MedCo Income Grows 33.1% in Quarter

Medco Health Solutions Inc. reported net income of $176.8 million $176.8 million for the fourth quarter, up 33.1% from $132.8 million last year.

The Franklin Lakes, NJ form attributed this to an acquisition and the addition of new clients.

The mail order pharmacy and pharmacy benefits manager reported net revenue of $10.8 billion for the quartrer5 ended Dec. 31, up 21.2% from $8.9 billion last year.