Healtheon/WebMD Buys OnHealth, CareInsite

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News Healtheon/WebMD Corp., the fastest-growing on-line health care company, agreed on February 16, 2000, to purchase OnHealth Network Co. for about $264 million in stock. Atlanta, Georgia- based Healtheon is positioning itself to garner the lion's share of the growing market for electronic-based medical claims processing and delivery of health information over the Internet. The announcement marked the second big acquisition of a competitor in a week for Healtheon/WebMD. On February 14, the company announced it would buy CareInsite Inc., its chief competitor . . .