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Editorial Results (free)

1. Bass, Berry & Sims Opens Pharma Practice -

The Bass, Berry & Sims PLC law firm has opened a specialty pharmacy, pharma services and distribution practice based in the firm’s Memphis office.

Michael R. Hess, the former chief counsel and vice president of strategic development at Accredo Health Group, is leading the new practice, which includes attorney Shannon L. Wiley.

2. Slow and Steady -

The local office market saw little change in the third quarter, and brokers say the fourth quarter will likely yield similar results.

Memphis’ vacancy rate ended the quarter in the mid-14 percent range, the same levels as 2008, according to Colliers International Memphis’ Q3 office report. Vacancy during that period in 2007 was below 12 percent.

3. Seminar Underscores Commercial Sectors’ Highs, Lows -

Memphis’ commercial real estate market for the most part appears to mirror national trends, with all four sectors boasting challenges and bright spots so far this year.

That was a message a room full of real estate professionals received when The Daily News hosted its second annual Commercial Real Estate seminar Thursday, Nov.1, at the Memphis Brooks Museum of Art, sponsored by Magna Bank and Evans Petree PC.

4. Events -

The Memphis Light, Gas and Water Division board will meet Thursday, Nov. 1, at 1:30 p.m. at the MLGW administration building, 220 S. Main St. Visit mlgw.com for an agenda.

5. Events -

The fifth annual Leadership Memphis Multicultural Breakfast will be held Wednesday, Oct. 31, from 7:30 a.m. to 9:30 a.m. at Holiday Inn University of Memphis, 3700 Central Ave. The event will include a roundtable focusing on how the performing, visual and literary arts define cultures, bring communities together and promote skills to be successful in the 21st century. Call 278-0016.

6. Events -

The Memphis Light, Gas and Water Division board of commissioners will meet Thursday, Nov. 1, at 1:30 p.m. at the MLGW administration building, 220 S. Main St. Visit mlgw.com for an agenda.

7. Accredo Health Sees 2011 Record Growth -

Memphis-based Accredo Health Group, a provider of specialty pharmaceuticals, continued its record growth in fourth quarter 2011, with revenue growth of 28.3 percent to $3.8 billion. Accredo’s full-year 2011 revenues increased 18.5 percent to a record $13.4 billion.

8. Accredo Health Sees 2011 Record Growth -

Memphis-based Accredo Health Group, a provider of specialty pharmaceuticals, continued its record growth in fourth quarter 2011, with revenue growth of 28.3 percent to $3.8 billion. Accredo’s full-year 2011 revenues increased 18.5 percent to a record $13.4 billion.

9. Bioworks Biz Association to Host Panel Discussion -

The completion of the Human Genome Project in 2003 resulted in a more personalized approach to health care, with science moving away from a one-size-fits-all model and toward customized care based on individual genotypes.

10. Accredo Parent Co. Merger Approved -

Shareholders of Medco Health Solutions Inc., parent company of Memphis-based Accredo Health Group Inc., on Wednesday, Dec. 21, approved a proposed $29.1 billion merger with Express Scripts.

11. Medco Shareholders OK $29B Express Scripts Deal -

FRANKLIN LAKES, N.J. (AP) – Pharmacy benefits manager Medco Health Solutions Inc., the parent company of Memphis-based Accredo Health Group Inc., says its shareholders have approved the company's proposed acquisition by Express Scripts for $29.1 billion.

12. Memphis-Based Accredo Continues Record Growth -

Accredo Health Group, a Memphis-based provider of specialty pharmaceuticals,

continues on a path of record growth that’s lasted nearly three years, with third quarter revenues growing 16.7 percent to a record $3.4 billion and Q3 2011 operating income growing 33 percent to a record $148.6 million.

13. Plotting a Course -

State and federal officials are developing new programs and legislation to bolster small businesses.Many companies are facing a variety of hurdles in a lackluster economy in which millions remain jobless and the outlook for consumer confidence and companies’ confidence in hiring and investing remain bleak. But what shape those hurdles have taken depends on who you ask.

14. Accredo Health Parent Merges With Express Scripts -

Medco Health Solutions Inc., the parent company of Memphis-based Accredo Health Group, announced Thursday, July 21, it had signed a merger agreement with Express Scripts Inc.

15. Accredo Weathers Storms To Ensure Specialty Drugs’ Safety -

Like other businesses and homes in Shelby County, Accredo Health Group’s facility at 1640 Century Cove Parkway lost power briefly over the weekend when powerful storms ripped through the area.

16. Accredo Names New President, Sees Record Revenues -

As Memphis-based Accredo Health Group Thursday reported its revenues in the first quarter of 2011 grew 14.9 percent to a record $3.1 billion, the company also announced Frank Sheehy would be replacing Steve Fitzpatrick as its president.

17. Stevens Replaces Henley as Wright President, CEO -

Wright Medical Group Inc. announced Tuesday its board has appointed Chairman David D. Stevens as interim president and CEO, effective immediately.

18. Stevens Replaces Henley as Wright Medical President, CEO -

Wright Medical Group Inc. announced Tuesday that its board of directors has appointed Chairman David D. Stevens as interim president and chief executive officer, effective immediately.

19. Accredo Named Sole U.S. Provider of Carbaglu -

Memphis-based Accredo Health Group, a provider of specialty pharmaceuticals, has been selected by pharmaceutical company Orphan Europe to serve as the sole U.S. provider of Carbaglu, the first FDA-approved product to treat hyperammonemia resulting from a rare inherited metabolic disorder.

20. Accredo Again Sets Quarterly Sales Record -

Memphis-based Accredo Health Group ended the fourth quarter and its fiscal year with sizable gains, continuing a record-breaking earnings streak that has lasted more than two years. The provider of specialty pharmaceuticals bested its revenue from the prior quarter by 31.3 percent to a record of nearly $3 billion.

21. Healthy Industry -

Throughout a prolonged recession and anemic recovery, hospitals and health care companies have given Memphis a powerful antidote to an ailing economy.

They have invested more than a billion dollars in new construction and equipment, expanded operations and kept tens of thousands of people working.

22. Accredo Continues Record-Setting Streak -

The record-breaking streak for Accredo Health Group kept rolling during the third quarter as the Memphis-based company made $2.9 billion in revenue.

The provider of specialty pharmaceuticals bested its revenue from the prior quarter by $64 million and for the same period a year ago by $477 million. Revenue rose 20 percent from the third quarter of 2009.

23. Accredo Continues Record-Setting Streak -

The record-breaking streak for Accredo Health Group kept rolling during the third quarter as the Memphis-based company made $2.9 billion in revenue.

The provider of specialty pharmaceuticals bested its revenue from the prior quarter by $64 million and for the same period a year ago by $477 million. Revenue rose 20 percent from the third quarter of 2009.

24. Accredo Again Breaks Earnings Record -

Accredo Health Group’s revenues hit $2.8 billion during the second quarter as the Memphis-based provider of specialty pharmaceuticals hit another sales record.

The sales figures were released Thursday morning when Accredo’s parent company, Medco Health Solutions Inc., issued its earnings report.

25. Accredo Again Breaks Earnings Record -

Accredo Health Group’s revenues hit $2.8 billion during the second quarter as the Memphis-based provider of specialty pharmaceuticals hit another sales record.

The sales figures were released Thursday morning when Accredo’s parent company, Medco Health Solutions Inc., issued its earnings report.

26. Accredo Revenues Hit $2.7 Billion -

The revenues of Accredo Health Group Inc. reached $2.7 billion during the first quarter of this year, setting another record for the Memphis-based company.

27. Accredo posts another record quarter with $2.7 billion in revenue -

The revenues of Accredo Health Group Inc. reached $2.7 billion during the first quarter of this year, setting another record for the Memphis-based company.

28. Take a Ride on the Job Train -

Job seekers can leave behind the frustration of the online career search and have face-to-face interviews during a weekend trip to New Orleans.

The “Train Ride to Success” is an opportunity offered by the National Black MBA Association Memphis chapter. Interviews with representatives of Fortune 500 companies will occur on the train and in a New Orleans hotel.

29. Accredo Health Reports $9.5 Billion in Revenue -

With another record-setting year of revenues, Accredo Health Group Inc. is closing in on the $10 billion mark.

30. Glankler Brown’s Hancock Elected Bar Foundation Fellow -

Jonathan C. Hancock of Glankler Brown PLLC has been elected a Fellow of the Tennessee Bar Foundation, an association of 710 attorneys across the state.

31. No Time to Lose In Biotech Shipping -

Not a minute can be wasted when the product being shipped can prolong someone’s life or bring vision to the blind.

That’s why Tissue Banks International, Accredo Health Group Inc., DDN and other biotechnology firms choose to do business in Memphis, company officials say.

32. Accredo Sees Record $2.4 Billion Q3 Revenues -

Revenues for Memphis-based Accredo Health Group reached a record $2.4 billion for the third quarter, a 19.2 percent increase from the same period a year ago.

The figures were reported Tuesday morning when Accredo’s parent company, Medco Health Solutions Inc., released its earnings. Medco reported third-quarter net revenues of $14.8 billion, an increase of 17.8 percent from the same period a year ago. David B. Snow Jr., the chief executive officer of Medco, noted the company had been awarded $20 billion in new business since last year.

33. Employee Program Renews Agreement with Medco -

Medco Health Solutions Inc., the parent company of Memphis-based Accredo Health Group Inc., said Monday the Federal Employee Program has awarded a one-year extension of its three-year contract to provide mail service and specialty prescription drugs.

34. Accredo Reaffirms Local Presence With HQ Lease -

Accredo Health Group Inc., a homegrown specialty pharmacy company that is a division of New Jersey-based Medco Health Solutions Inc., has renewed its commitment to Memphis with a 10-year extension of its lease.

35. Plan Providers Lament Cost of Unhealthy Choices -

A survey commissioned by Medco Health Solutions Inc., the parent of Memphis-based Accredo Health Group Inc., showed that 90 percent of health plan sponsors believe minimal attention to personal health and increased incidence of chronic illness, such as diabetes and heart disease, are the root of rising health care costs.

36. Medco Signs Contract For UK Pharm Service -

Medco Health Solutions Inc., the parent company of Memphis-based Accredo Health Group Inc., announced Thursday it has entered into a joint venture to provide home-based pharmacy care service in the United Kingdom for patients covered by that nation’s national health care plan. This plan, the National Health Service, provides health care for more than 95 percent of the United Kingdom’s 60 million residents.

37. Accredo Hits Record With Quarterly Revenue of $2.38B -

Accredo Health Group Inc. set another record with quarterly revenue of $2.38 billion and maximized the impact of that benchmark by improving its operating income by 30.5 percent.

38. Accredo Income Surges in Q1 -

Memphis-based Accredo Health Group Inc. saw a 43.3 percent increase in operating income as the company posted revenues of $2.3 billion during the first quarter of this year.

39. Accredo Earnings Hit Record $8 Billion -

Memphis-based Accredo Health Group Inc., a pharmacy benefit manager for people who need specialty drugs, reached $8 billion in revenues last year, a company record.

40. Medco Subsidiary Focus Of Whistleblower Complaint -

Medco Health Solutions Inc. has disclosed it has received a federal subpoena related to a whistleblower complaint filed against PolyMedica Corp., which Medco acquired in the fourth quarter of 2007.

41. Fitzpatrick Sees New Promises for Accredo -

Memphis-based Accredo Health Group Inc., a pharmacy benefit manager for people who need specialty drugs, could benefit from initiatives for universal health care, but the man at the company’s helm isn’t putting all his focus on landing a mother lode contract with the government.

42. Accredo Health Group Receives Training Grant -

Memphis-based Accredo Health Group Inc. has been awarded an Incumbent Worker Training grant worth $38,625 by Gov. Phil Bredesen and the Tennessee Department of Labor & Workforce Development Commissioner James Neeley.

43. Medco Health Solutions Spent $434,097 Lobbying -

Pharmacy benefits manager Medco Health Solutions Inc. spent $434,097 in the third quarter lobbying on legislation involving generic drugs, Internet prescribing and Medicare Part D, according to a recent disclosure form.

44. Medco Health Q3 Profit Rises 38 Percent -

Pharmacy benefits manager Medco Health Solutions Inc., owner of Memphis-based Accredo Health Group, reported Wednesday its third-quarter profit rose 38 percent on higher prices for brand name drugs and new clients, topping Wall Street forecasts.

45. UT Medical Group Names Truitt VP of Information Systems -

Jill Truitt has been appointed vice president of information systems and chief information officer at UT Medical Group.

Truitt formerly was information services director and program director for Allina Hospitals and Clinics in Minneapolis. She has more than 25 years of experience in health care information technology and management.

46. Le Bonheur Children's Medical Center Expansion Well on Its Way -

Methodist Le Bonheur Children's Medical Center has a history of firsts, starting with the first-ever open heart surgery in Memphis, which was performed there in 1959.

Le Bonheur opened the first pediatric kidney dialysis unit in the southeastern United States in 1973. And in 1998, the first split-liver transplant in the Mid-South was performed at Le Bonheur.

47. Joyner Joins Germantown M&F Bank -

Todd C. Joyner has joined M&F Bank in Germantown as vice president/mortgage loan originator. In his new position, Joyner will be the regional production officer of North Mississippi and Tennessee. He is a member of the Memphis Mortgage Bankers Association, Memphis Homebuilders Association and the Germantown Chamber of Commerce.

48. Joyner Joins Germantown M&F Bank -

Todd C. Joyner has joined M&F Bank in Germantown as vice president/mortgage loan originator. In his new position, Joyner will be the regional production officer of North Mississippi and Tennessee. He is a member of the Memphis Mortgage Bankers Association, Memphis Homebuilders Association and the Germantown Chamber of Commerce.

49. Events -

The Center City Development Corp. Board meets Wednesday at 9 a.m. in the Center City Commission conference room, 114 N. Main St. Call 575-0540 for details.

Metropolitan Inter-Faith Association (MIFA) hosts a reception and tour of transitional housing center Presley Place, 709 St. Paul Ave., Wednesday from 10 a.m. to noon. The reception will feature cookbook author Ellen Rolfes with food samples from "Graceland's Table," a book of Elvis' favorite recipes. For more information, contact Elizabeth Garrett at 529-4544 or emgarrett@mifa.org.

50. Events -

The Center City Development Corp. board meets Wednesday at 9 a.m. in the Center City Commission conference room, 114 N. Main St. Call 575-0540 for details.

The Sales and Marketing Society of the Mid-South holds its monthly meeting Wednesday from 11:45 a.m. to 1 p.m. at The Racquet Club of Memphis, 5111 Sanderlin Ave. Tim Wentworth, president and CEO of Accredo Health Group, will present "Networking and Mentoring." Cost is free for members and $25 for non-members. To register or for more information, call Darrell Uselton at 326-4979.

51. Events -

Time Warner Cable presents the C-SPAN School Bus TV production unit today from 10 a.m. to 2 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. The 45-foot bus is a multimedia demonstration center and remote studio for live broadcasts. It is used to introduce students and teachers to public affairs programming and the use of C-SPAN as an educational resource. Visit www.c-span.org/schoolbus for details.

52. Archived Article: Daily Digest - Cordova Apartments

Cordova Apartments

Sell for $26.9 Million

An ownership group of 22 co-opted entities has purchased Appling Lakes Apartments, located near Cordova Road, from Metropolitan Life Insurance Co. for $26.9 million, according to ...

53. Archived Article: Accredo (lead) - By Andy Meek

Accredo Expands in Century Center

Center keeps high occupancy in struggling market

ANDY MEEK

The Daily News

A major expansion is under way for a Memphis-based health care company that provides pharmacy and related service...

54. Archived Article: Daily Digest - Hotel Property

Hotel Property

Sells for $1.4 Million

R&B Lodging Inc. has purchased 3.62 acres at 2745 Airways Blvd. near Democrat Road from La Quinta Properties Inc. for $1.4 million, according to The Daily News Public Records Dat...

55. Archived Article: Daily Digest - Chez Philippe Earns

Wright Medical

Expands Board

Wright Medical Group Inc. has expanded its board of directors from six to eight members, adding Laurence Y. Fairey and David D. Stevens. Fairey worked at Medtronic Sofamor Danek Inc. before r...

56. Archived Article: Events - Memphis Bar Association hosts Primer: Criminal Law for the Non-Practitioner from noon to 1 p

The Memphis Bar Association hosts Primer: Criminal Law for the Non-Practitioner from noon to 1 p.m. today in the MBA conference room, One Commerce Square...

57. Archived Article: Benchmark - Oracle boosts PeopleSoft takeover bid

Oracle boosts PeopleSoft takeover bid

Oracle Corp., the No. 2 U.S.-based global software maker, Wednesday sweetened its hostile cash bid for PeopleSoft Inc. by 22 percent to about $6.3 billion, the latest ...

58. Archived Article: Tech Briefs - Vyyo Inc Vyyo Inc. announced WorldCom has selected Vyyo's wireless hubs and modems for deployment in the nationwide rollout of WorldCom's broadband wireless access services. On Nov. 15, WorldCom announced the first commercial launch of its new fixed...

59. Archived Article: Market Briefs - How to Measure Return on Investment at a Tradeshow, is 9:30 a "How to Measure Return on Investment at a Tradeshow," is 9:30 a.m. Wednesday at the Chamber of Commerce, 22 N. Front St., Suite 200. Jennifer Larkey of the Ingram Group will mak...

60. Archived Article: Market Briefs - Master Graphics Inc Accredo Health Inc. reported net earnings for the year ended June 30 increased 208 percent to $4.4 million or 63 cents per diluted share, excluding the effects of a non-recurring charge for the early retirement of debt and prefer...

61. Archived Article: Market Briefs - Omega Health Systems Announces Accredo Health Inc. announced the initial public offering of its common stock, which will be traded on the Nasdaq market under the symbol ACDO. The IPO price for the 3 million shares was $16 a share. The underwriters h...

62. Archived Article: Memos - Promus Names New Development Ronald C. Muzii Jr. has been named vice president of development for Promus Vacation Resorts. Muzii was formerly president of Innovative Hospitality Group Inc. in Miami. He is a graduate of Cornell University. B. Ted Ham...