| Business Summary | | MIM
Corporation
is
a
pharmacy
benefit
management,
specialty
pharmaceutical
and
fulfillment
and
e-commerce
organization
that
partners
with
healthcare
providers
and
sponsors
to
control
prescription
drug
costs.
MIM's
pharmacy
benefit
products
and
services
use
clinically
sound
guidelines
to
ensure
cost
control
and
quality
care.
The
Company's
specialty
pharmaceutical
division
specializes
in
serving
the
chronically
ill
who
are
afflicted
with
life-threatening
diseases
and
genetic
impairments.
MIM's
fulfillment
and
e-commerce
pharmacy
specializes
in
serving
individuals
that
require
long-term
maintenance
medications.
MIM's
online
pharmacy,
www.MIMRx.com,
develops
private-label
Websites
to
offer
affinity
groups
and
healthcare
providers
with
customized
health
information
services
and
products
on
the
Internet
for
the
benefit
of
their
members. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MIM
Corp.
is
a
pharmacy
management
organization
that
provides
services
to
the
pharmaceutical
health
care
industry
and
employers
and
that
promotes
the
cost-effective
delivery
of
pharmacy
benefits
to
plan
members
and
the
public.
For
the
six
months
ended
6/30/01,
revenues
rose
26%
to
$212.9
million.
Net
income
totaled
$6.7
million,
up
from
$1.8
million.
Results
reflect
higher
lives
under
management
in
both
the
PBM
and
Specialty
businesses
and
lower
utilization
on
capitated
contracts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Friedman, 50 Chairman
and CEO | $495K | Donald Foscato CFO | -- | Rita Marcoux, 40 Sr.
VP, Pharmacy Benefits Operations, MIM Health Plans | -- | Julie Palmer VP,
Controller | -- | Barry Posner, 37 VP,
Gen. Counsel, Sec. | 263K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|