United Health Group will acquire Catamaran for a reported $12.8 billion. United Health Group will merge Catamaran into its OptumRx unit. This brings more consolidation within a rapidly evolving market. 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.
and here at United Heath Group.com: Catamaran and OptumRx to Combine