UnitedHealth Group to Buy PBM Catamaran

OptumRx, UnitedHealth Groups free standing pharmacy benefits manager and Catamaran announced on March 30th that they have agreed to merge. The deal has UnitedHealth Group acquiring Catamaran for around $12.8 billion in cash.

Catamaran is the fourth largest pharmacy benefit manager (PBM) in the U.S. by volume of prescriptions and OptumRx is the country’s third largest PBM.

According to UnitedHealth Groups website the merger:

“…will create significant value for their combined customer base beyond the scale and enhanced service resulting from integration of their businesses. This combination is expected to create a dynamic competitor in the PBM market by combining the strengths of Catamaran’s industry-leading technology platform with the data and analytics capabilities of Optum. The combined company is expected to deliver an innovative and compelling consumer and payer services offering that will link demographic, lab, pharmaceutical, behavioral and medical treatment data to engage individuals to make better decisions as they seek the best, most effective care and improve compliance with pharmaceutical use and care protocols.”

For the immediate future its business as usual for both organizations. The deal will still need to clear regulatory hurdles but based on information provided by the two organizations it is anticipated to finalize in the fourth quarter of 2015.

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About Christopher Johnson

Christopher manages the consulting services department of J.W.Terrill providing regulatory, analytical, technical and wellness support to clients.

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