Medco 2014 Annual Report Download - page 91

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89
Express Scripts 2014 Annual Report
13. Segment information
Wereportsegmentsonthebasisofproductsandservicesofferedandhavedeterminedwehavetworeportable
segments:PBMandOtherBusinessOperations.WithintheOtherBusinessOperationssegment,wehaveaggregatedtwo
operatingsegmentsthatdonotmeetthequantitativeandqualitativecriteriatobeseparatelyreported.During2014,we
reorganizedourbusinessrelatedprimarilytopharmaceuticalandbiotechnologyclientpatientaccessprograms,including
patientassistanceprograms,reimbursement,alternatefundingandcomplianceservicesfromourPBMsegmentintoourOther
BusinessOperationssegment.During2014,ourEuropeanoperationsweresubstantiallyshutdown.During2013,wesold
variousportionsofourUBClineofbusinessandouracuteinfusiontherapieslineofbusiness.During2012,wesoldourEAV
lineofbusiness.OuracuteinfusiontherapieslineofbusinesswaspreviouslyincludedinourPBMsegmentandtheremaining
businesseswerepreviouslyincludedinourOtherBusinessOperationssegment.Theresultsofoperationsforthesebusinesses
arereportedasdiscontinuedoperationsforallperiodspresentedintheaccompanyinginformation.
Operatingincomeisthemeasureusedbyourchiefoperatingdecisionmakertoassesstheperformanceofeachof
ouroperatingsegments.Thefollowingtablepresentsinformationaboutourreportablesegments,includingareconciliationof
operatingincomefromcontinuingoperationstoincomebeforeincometaxesfromcontinuingoperationsfortherespective
yearsendedDecember31.
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