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Walgreen, UnitedHealth's OptumRx Extend Pharmacy Services Contract

By Melodie Warner Walgreen Co. (WAG) will continue to provide pharmacy services to members of UnitedHealth Group Inc.'s (UNH) OptumRx drug-benefit plans under a multi-year agreement. Financial terms weren't disclosed. OptumRx manages the prescription drug benefits of commercial, Medicare, Medicaid and other governmental health plans. The contract extension comes as Walgreen has posted four straight months of same-store sales declines since the drug-store chain left Express Scripts Holding Co.'s (ESRX) pharmacy-benefits manager's network on Jan. 1. Last week, Walgreen and Express Scripts agreed to dismiss a lawsuit Express Scripts filed last year over Walgreen's marketing tactics when the relationship between the drugstore chain and pharmacy-benefit manager was breaking down. Walgreen shares were trading 1.9% higher at $30.50 in premarket trading. The stock has fallen 9.5% since the beginning of the year. Write to Melodie Warner at melodie.warner@dowjones.com

Stock News for Uhc (UNH)
DateTimeHeadline
07/30/201516:26:12Statement of Changes in Beneficial Ownership (4)
07/29/201517:29:54Quarterly Report (10-q)
07/29/201514:35:00Family Health Centers of Georgia Receives $75,000 from UnitedHealthcare...
07/28/201516:49:32Statement of Changes in Beneficial Ownership (4)
07/28/201508:30:00UnitedHealthcare Recognizes Employers for Successful Worksite...
07/27/201518:15:00UnitedHealthcare Community Plan Supports Fight against Food Insecurity...
07/27/201511:00:00Washington Doctors Earn $1.7 Million in Bonus Payments From UnitedHealthcare...
07/27/201511:00:00Oregon Doctors Earn $1.7 Million in Bonus Payments From UnitedHealthcare...
07/27/201510:00:00Utah Doctors Earn $1.2 Million in Bonus Payments From UnitedHealthcare...
07/27/201510:00:00Colorado Doctors Earn $3.7 Million in Bonus Payments From UnitedHealthcare...
07/27/201510:00:00Arizona Doctors Earn $1.2 Million in Bonus Payments From UnitedHealthcare...
07/27/201509:00:00Alabama Doctors Earn $1.2 Million in Bonus Payments From UnitedHealthcare...
07/27/201509:00:00Illinois Doctors Earn $1.1 Million in Bonus Payments From UnitedHealthcare...
07/27/201509:00:00Iowa Doctors Earn $1.1 Million in Bonus Payments From UnitedHealthcare...
07/27/201509:00:00Wisconsin Doctors Earn $1.8 Million in Bonus Payments From UnitedHealthcare...
07/27/201509:00:00Texas Doctors Earn $2.9 Million in Bonus Payments From UnitedHealthcare...
07/27/201508:00:00New Jersey Doctors Earn $2.5 Million in Bonus Payments from UnitedHealthcare...
07/27/201508:00:00Ohio Doctors Earn $2.9 Million in Bonus Payments From UnitedHealthcare...
07/27/201508:00:00Connecticut Doctors Earn $2.2 Million in Bonus Payments from...
07/27/201508:00:00Florida Doctors Earn $9.1 Million in Bonus Payments from UnitedHealthcare...

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