UnitedHealth Group to Buy Catamaran in 128 Billion Pharmacy Benefits Deal UnitedHealth will merge its pharmacy services unit OptumRx with the acquisition Catamaran.

Optumrx acquires catamaran. Catamaran offers a true alternative to the status quo in pharmacy benefit management. OptumRx and Catamaran are merging. For 128 billion making OptumRX the third-largest PBM based on prescription volume.

The agreement calls for the acquisition of Catamarans outstanding common. Rite Aids acquisition of EnvisionRx earlier this year supported that expectation and the healthcare wise men and women nodded. OptumRx OptumRx specializes in the delivery clinical management and affordability of prescription medications and consumer health products.

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 according to. Since late 2014 insiders have been predicting greater consolidation in the pharmacy benefit management industry. OptumRx is UnitedHealth Groups NYSE.

OptumRxs contributions to the company took off in 2015 when Optum acquired. UnitedHealth to acquire pharmacy benefits firm Catamaran in 12-billion deal UnitedHealth said it plans to merge Catamaran Corp. Health insurer UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth about 128 billion.

Catamaran and Optums pharmacy care services business OptumRx are expected to serve the needs of more than 65 million people and fulfill more than one billion prescriptions in 2015. Then a bombshell hit. OptumRx is UnitedHealth Groups NYSE.

In July OptumRX acquired Catamaran Corp. In July OptumRX acquired Catamaran Corp. Jeff Park was OptumRxs COO from July 2015 to July 2016 following the companys merger with Catamaran where Park had been EVP operations since March 2014.