Healthcare >> CEO Interviews >> February 2, 2002

Mac Crawford – Caremark Rx Inc (cmx)

MAC CRAWFORD is Chairman of the Board and Chief Executive Officer of Caremark Rx, Inc. Mr. Crawford joined Caremark (formerly MedPartners, Inc.) in 1998 faced with the task of exiting a major portion of the company's operations and refocusing the business to the pharmaceutical services sector. Today, Caremark is a leading prescription benefit manager (PBM) providing comprehensive drug benefit services to over 1,200 health plan sponsors and holding contracts to serve approximately 23 million participants throughout the US. Caremark's clients include managed care organizations, insurance companies, corporate health plans, unions, government agencies, and other funded benefit plans. The company operates a national retail pharmacy network with over 50,000 participating pharmacies, three state-of-the-art mail service pharmacies, the industry's only FDA-regulated repackaging plant and 17 CTS JCAHO-accredited specialized therapeutic pharmacies for delivery of advanced medications to patients with chronic or genetic diseases and disorders. Prior to joining Caremark Rx, Inc., Mr. Crawford was Chairman, President and CEO of Magellan Health Services, Inc., one of the nation's leading specialty managed care companies. A Certified Public Accountant, Mr. Crawford received his BS degree from Auburn University in 1971. Profile
TWST: Would you begin with a brief overview of the history and evolution

of Caremark?

Mr. Crawford: Caremark is in the pharmaceutical services industry and is

one of the largest pharmacy