Health care industry
UnitedHealth Group's OptumRx pharmacy care services business has agreed to acquire Canadian pharmacy benefit management services firm Catamaran Corp. for USD 61.50 per share in cash. The acquisition, expected to close in 4Q15, will diversify OptumRx's customer and business mix, accelerate its technology leadership, and
Health care industry
Johnson & Weaver, LLP, a leading shareholder rights law firm, has initiated an investigation into Catamaran Corporation's proposed sale to OptumRx, a subsidiary of UnitedHealth Group. The investigation focuses on whether Catamaran's board members have fulfilled their fiduciary duties to shareholders by ensuring the best possible
Health care industry
U.S. stock futures were sluggish into Monday's open, as investors took profits off the table following Friday's triple-digit gain in the Dow Jones Industrial Average. The energy complex was under pressure, while concerns about Greece's economic situation and the EU's response
Health care industry
The Wall Street session on March 23, 2015, was marked by a relatively quiet start, but a sharp selloff in the closing minutes prevented the major stock indexes from adding to the gains made on the previous Friday. Key economic indicators, such as the Chicago Fed's national activity
Health care industry
The Veterans Administration's VA Boston Healthcare System has announced a job opportunity for a Diagnostic Radiologic Technologist (MRI) at the Boston, Massachusetts location. The position requires a full-time technologist with advanced certification in Magnetic Resonance Imaging (MRI) and experience in radiologic technology. The ideal candidate will have a
Health care industry
A job announcement has been issued by the National Association of Sales Professionals for a Licensed Practical Nurse (Phlebotomy) position with the Veterans Affairs, Veterans Health Administration in West Palm Beach, Florida. The job requires a citizen of the United States, a graduate of a practical or vocational nursing program
Health care industry
A recent report by the Government Accountability Office (GAO) reveals that states have increasingly relied on funds from healthcare providers and local governments to finance the nonfederal share of Medicaid, shifting costs to the federal government. In state fiscal year 2012, states financed 26 percent, or over $46 billion, of
Health care industry
The California State Legislature has passed Senate Bill 276, which aims to improve health services for low-income students in schools by expanding the Medi-Cal program to cover a wider range of services. The bill, introduced by Senator Connie Leyva, requires the state Department of Health Care Services to seek federal
Health care industry
A recent hack on Anthem Inc., the nation's second-largest health insurer, has exposed the birthdates, social security numbers, income data, and other personal information of approximately 80 million customers and employees. The breach, believed to be one of the largest ever at a major insurance company, has left
Health care industry
Governor Peter Shumlin's plan to address the Medicaid cost shift could provide significant financial relief for Vermont schools and municipalities. The proposal involves a payroll tax of 0.7% for employers, which would raise $90 million annually, allowing the state to draw down hundreds of millions in federal
Health care industry
The United States Senate has taken a significant step in addressing the growing concern of veteran suicide by passing the Clay Hunt Suicide Prevention for American Veterans Act. Introduced by Senators John McCain and Richard Blumenthal, co-sponsored by Senator Dick Durbin, the bill aims to improve and modernize suicide prevention
Health care industry
Senator Lisa Murkowski, R-Alaska, championed the Clay Hunt Suicide Prevention for American Veterans Act, a bill that would improve mental health care and suicide prevention resources for the nation's veterans, which passed the Senate 99-0. The bill, co-sponsored in the Senate, would require a third-party evaluation of existing
