Step aside coming through.
Optumrx catamaran merger. Helios was created in August 2014 following the merger of. UnitedHealth Groups announcement that its free-standing pharmacy care services business OptumRx will merge with Catamaran Corp the fourth largest pharmacy benefit manager PBM in the US makes sense according to. Optum has closed the merger of its pharmacy care services business OptumRx with Catamaran Corp.
A total of 3 acquisitions came from private equity firms. Catamaran by contrast is the fourth-largest PBM by volume of prescriptions processed. OptumRx is UnitedHealth Groups free.
OptumRx and Catamaran Corporation a leading provider of pharmacy benefit management PBM services and technology solutions announced today they have agreed to combine. Catamaran would become part of OptumRx UnitedHealths pharmacy subsidiary. In a deal valued at 128 billion.
In July OptumRX acquired Catamaran Corp. The Companys most targeted sectors include healthcare services 100. According to Catamarans documents the six best-paid executives of the company have 672-million in stock awards affected by the merger.
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. In 2015 Catamaran expects to fulfill more than 400 million prescriptions which combined with OptumRxs roughly 600 million annual scripts will enable the combined entity to be a competitive. As part of efforts to expand the delivery of personalized pharmacy.
Cignas business will transition to Catamaran over the next 24-36 months. OptumRx has acquired in 3 different US states. PBMs OptumRx Catamaran to merge in 128 billion deal March 30 2015 NEW YORK and SCHAUMBURG Ill.