Two private equity firms have sold pharmacy benefit management companies this month, marking the latest in a string of consolidations in the space.
Catamaran, the fourth-largest pharmacy benefit manager in the nation, has agreed to purchase HealthCare Solutions for $405 million in a deal that company executives hope to close in the second quarter of 2015, according to a Thursday press release.
The deal went public on the heels of an even larger transaction – on Feb. 11, Rite Aid announced that it was purchasing the PBM EnvisionRx for $2 billion.
Mark Thierer, chief executive offic...
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