Catamaran would become part of OptumRx UnitedHealths pharmacy subsidiary.

Catamaran unitedhealth group. OptumRxs scale and unique capabilities will help consumers and clients manage the cost and treatment challenges of. Health insurer UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth about 128 billion. Under terms of the deal Schaumburg Illinois-based Catamaran will merge with OptumRx the drug management division of UHGs highly profitable technology and services subsidiary Optum.

OptumRx is UnitedHealth Groups NYSE. Under the terms of the arrangement agreement and plan of arrangement previously announced on March 30 2015 UnitedHealth Group will acquire indirectly all of the issued and outstanding shares. For about 128 billion bulking up its drug-benefits business to get better negotiating power in.

UnitedHealth Group Inc. For about 128 billion in cash will bulk up its pharmacy-benefit business amid growing concern from employers and insurers about the. Agreed to buy Catamaran Corp.

UnitedHealth Group plans to acquire Catamaran for about 128 billion in cash the Wall Street Journal reported. UnitedHealth Group Incorporated is an American for-profit multinational managed healthcare and insurance company based in Minnetonka MinnesotaIt offers health care products and insurance services. This is a smart acquisition well aligned with UnitedHealths strategy-increasing their market power adding to their suite of technology and benefit management offerings further diversifying their non-risk business and better positioning them for the rapidly changing post-ACA.

UnitedHealth Group Scores with Catamaran Buy UNH CTRX UnitedHealth Groups acquisition of Catamaran is a no-brainer By Dan Burrows. UnitedHealth Group Incs planned takeover of No. UNH free-standing pharmacy care services business.

UnitedHealth Group the nations largest insurer on Monday said it would acquire Catamaran the countrys fourth-largest pharmacy benefits manager for 128 billion. UnitedHealth will combine Catamaran with its own pharmacy benefit manager PBM OptumRx which would propel the combined company to third place in the industry behind Express Scripts and CVS Caremark. UnitedHealth Group said Monday it will acquire smaller rival Catamaran for 128 billion in a move they said would give them more pricing power in the pharmacy benefits business.