Health care industry
Humana Inc. has completed its previously announced sale of Concentra Inc. to MJ Acquisition Corporation, a joint venture between Select Medical Holdings Corporation and Welsh, Carson, Anderson & Stowe XII, L.P., for approximately $1.055 billion in cash. This divestiture aligns with Humana's business portfolio review, ensuring
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
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
Insurance industry
Capital Health Plan, a not-for-profit health plan affiliated with Blue Cross Blue Shield of Florida, has selected Quality Care Solutions, Inc.'s (QCSI) QNXT system and professional services to achieve its targeted business outcomes. The QNXT system will enable automation, flexibility, and accurate reporting for Capital Health Plan'
Insurance industry
As the federal government's Medicare Part D prescription-drug program gears up for its official launch on October 1, health insurance companies have been prepping their marketing efforts to reach millions of elderly and disabled Americans. Top companies, including Aetna Inc., Cigna Corp., and WellCare Health Plans Inc., have
Health care industry
Molina Healthcare, Inc. has announced its financial results for the fourth quarter and year ended December 31, 2004, showcasing a year of accomplishment, growth, and quality care. The company's president and CEO, J. Mario Molina, MD, highlighted the significant milestones achieved in 2004, including a 31% increase in
Health care industry
Northeast Ohio hospitals, including the Cleveland Clinic, MetroHealth Medical Center, and University Hospitals of Cleveland, will soon share patient safety information online through The Leapfrog Group, a nonprofit that promotes improvements in healthcare quality. This move comes as over 200 Fortune 500 companies, including Parker Hannifin Corp. of Cleveland, are
