United Health Group will acquire Catamaran for a reported $12.8 billion. Ā United Health Group will merge Catamaran into its OptumRx unit. Ā This brings more consolidation within a rapidly evolvingĀ market. Ā The high cost of prescription drugs, specifically specialty drugs, has employers and insurers concerned about the direction the market is headed.
Read more here in WSJ: United Health Group to Buy Catamaran for $12.8 Billion in Cash.Ā
and here at United Heath Group.com:Ā Catamaran and OptumRx to Combine
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