Catamaran RX is the official website of Catamaran Corporation, which is a pharmacy benefit management organization having their headquarters in Schaumburg, Illinois. They operate as the subsidiary of OptumRX who acquired them on 30th March 2015. The company’s operations are divided into many different segments that are named as Healthcare IT Group, HBS Health Business Systems, & informedRX. There are more than 4,000 people employed by the company controlling their operations across the globe. They trade publicly on the New York Stock Exchange & Toronto Stock Exchange. The annual revenue of this healthcare company is more than US$ 14,780 million. The company was established in 1993.
The company’s health solutions are used by a plethora of organizations that include the Boston Medical Center HealthNet Plan, Health Alliance of Michigan, Cigna, TennCare, PharMerica, & Cigna. Mark A. Theirer is the present Chief Executive Officer of the company, whereas their Chairman is Terrece C Burke.
Catamaran RX Divisions
The company has divided their operations into different segments that are explained below:InformedRX-
This division offers the pharmacy benefit management services to their customers globally. They are involved in a variety of operations that include pharmacy network management, clinical services & consulting, mail services & specialty pharmacy, formulary administration. Drug utilization review, consumer web services, and reporting & information analysis.
Health Business Systems-
This division act as the management systems provider to the mail order pharmacy, retail & nursing home environments.
Healthcare IT Group-
This division targets the company’s technological characteristics that include RxTrack, RxClaim & RxPortal customer interfaces. They are responsible for the electronic processing of prescription. Additionally, it consists of formulary management tools & pharmacy technology services.