Magellan Health To Acquire 4D Pharmacy Management Systems

Magellan Health, Inc. announced it entered into an agreement to acquire 4D Pharmacy Management Systems, Inc. (4D), a privately held, full-service pharmacy benefit manager (PBM) headquartered in Troy, Michigan. 4D serves managed care organizations (MCOs) and government-sponsored benefit programs, such as Medicare Part D plans. 4D’s commercial book of business is complementary to Magellan’s, with a high-touch, service-oriented business model, including momentum with third-party administrators, consultants, and brokers. The base purchase price of 4D is $55 million, to be funded in cash at closing. Additional consideration of up to $30 million is based . . .