Here are five key points:
1. The combined company will reach more than 65 million Americans.
2. They estimate the fulfillment of more than one billion prescriptions in 2015.
3. The company will use the name, OptumRx, when conducting business.
4. OptumRx uses Optum’s data and analytics to connect people with pharmacies that accommodate their health benefits and care management.
5. OptumRx acquired all of the shares of Catamaran for $61.50 per share in cash. Catamaran also terminated its existing credit facility.
“OptumRx now has the expertise, scale, resources and innovative spirit to be the most valued, consumer-focused pharmacy care services partner in a rapidly changing healthcare system,” said Mark Thierer, executive office of OptumRx and former chairman and CEO of Catamaran.
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