Managed Care

Catalyst Health Solutions Reports Second Quarter 2011 Financial Results

Published in Pharma Investments, Ventures and Law Weekly, August 21st, 2011

2011 AUG 21 -- Catalyst Health Solutions, Inc. (NASDAQ: CHSI), announced its financial results for the quarter ended June 30, 2011. The Company reported quarterly revenue of $1.2 billion and adjusted earnings per diluted share of $0.53. Net income in the second quarter was $12.3 million, or $0.25 per diluted share.

"We are pleased with the Company's operational and financial performance," stated David T. Blair, Chief Executive Officer of Catalyst. "In the second quarter, we completed the strategic acquisition of Walgreens Health Initiatives, Inc. (WHI), executed on our integration plans, retained key clients and sold new business."

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Source: Pharma Investments, Ventures and Law Weekly (2011-08-21)

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