Managed Health Care

Catamaran Corp Updates FY 2013 Guidance

Catamaran Corp announced that with today's announcement, the Company is changing its fiscal 2013 financial guidance to include the impact of its recent Cigna partnership and to reflect the acquisition of Restat. The Company expects revenue in the range of $14.2 to $14.6 billion, EBITDA in the range...

6:01am EDT

Catamaran Corp Acquires Restat

Catamaran Corp announced that it has entered into a definitive agreement to acquire Restat, LLC one of the privately held pharmacy benefit managers, for a purchase price of $409.5 million in cash, subject to certain customary post-closing adjustments. Catamaran expects the transaction to close in...

5:55am EDT

Magellan Health Services Inc Maintains FY 2013 Outlook

Magellan Health Services Inc announced that it had strong results this quarter and the Company is maintaining its fiscal 2013 outlook for revenue, net income, segment profit and EPS. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $3.319 billion,...

Thursday, 25 Jul 2013 06:30am EDT

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