UnitedHealth Groups announcement that its free-standing pharmacy care services business OptumRx will merge with Catamaran Corp the fourth largest pharmacy benefit manager in the US makes sense.
Catamaran and optumrx. OptumRx is UnitedHealth Groups NYSE. Combining OptumRxs unique medical synchronization information capabilities with Catamarans technology leadership and flexible services will advance innovative value -DGGHGRIIHULQJV Creates business well -positioned to help customers manage growth in high -cost specialty pharmaceuticals. OptumRx and Catamaran combine to strengthen pharmacy benefit services OptumRx and Catamaran have joined forces to deliver enhanced pharmacy benefit services and a better health care experience for members.
March 31 2015 - WorkCompWire. CCT a provider of pharmacy benefit management PBM services and technology solutions recently announced they have agreed to combine. OptumRx is UnitedHealth Groups NYSEUNH free-standing pharmacy care services business.
Recent investigations show that OptumRx UnitedHealthcare Cigna and Catamaran make their customers overpay for many commonly-used medicines. OptumRx tackles this with technological tools such as mobile apps that fire off text reminders for refills while Catamaran takes a more hands-on approach dispatching clinical pharmacists within 72 hours to perform drug review. Entered the PBM business with a 2 billion deal to acquire Envision Pharmaceutical Services EnvisionRx.
As a combined entity it still would have lagged behind CVS Health Express Scripts and Walgreens. The combination of Catamaran and OptumRx which will operate as OptumRx offers scaled innovative pharmacy care services driving. New York NY OptumRx and Catamaran Corporation NASDAQ.
Earlier this year drug chain Rite Aid Corp. By volume of prescriptions processed will be merged into UnitedHealth Groups OptumRx unit the industrys third-largest and part. OptumRx and Catamaran combine to strengthen pharmacy benefit services OptumRx and Catamaran have joined forces to deliver enhanced pharmacy benefit services and a better health care experience for members.
OptumRx is UnitedHealth Groups NYSE. The agreement calls for the acquisition of Catamarans outstanding. OptumRx UnitedHealth and BriovaRx CatamaranRx were the fourth- and sixth- largest specialty pharmacies in 2014.