Vol. XII, Issue 7

April 1, 2015

Catamaran to Combine with OptumRx

Catamaran, HealthFlex’s pharmacy benefit management (PBM) vendor partner, announced March 30 its intent to combine with OptumRx, a unit of UnitedHealth Group. Under the agreement, Catamaran’s PBM operations will be combined with the OptumRx free-standing pharmacy care services business.

The transaction—if approved by shareholders and regulatory agencies—is expected to close by the end of 2015.

HealthFlex participants should feel no immediate impact.

Catamaran and OptumRx expect the combined business operations to expand each company’s service portfolio and product offering, while realizing cost controls that will positively impact participants as well as plan sponsors’ cost trend. It will also improve the participant experience and enhance service delivery efficiency.

The Center for Health will keep plan sponsors informed about the merger as details unfold. Catamaran’s press release on the proposed merger is provided here.


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