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Healtheon Paying $5 Bil. For CareInsite, Symbolic Role As New Medco

Executive Summary

Healtheon/WebMD's acquisition of Medical Manager/CareInsite will allow Healtheon to inherit the image of the next Medco in the physician connectivity field.

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Medco Founder Wygod Will Focus On Payor Relations At WebMD As Co-Ceo

Medical Manager Chairman Martin Wygod will focus on the payor side of WebMD's business in his new role as co-CEO following a merger with Healtheon/WebMD.

Medco Founder Wygod Will Focus On Payor Relations At WebMD As Co-Ceo

Medical Manager Chairman Martin Wygod will focus on the payor side of WebMD's business in his new role as co-CEO following a merger with Healtheon/WebMD.

Merck suit against former Medco CEO dismissed

Merck's February 1999 complaint alleging violations of a non-compete agreement by former Medco Chairman Martin Wygod and his new company, Medical Manager/CareInsite, dismissed by New Jersey state court. Wygod will become co-chairman of Healtheon/WebMD following a merger between Healtheon and Medical Manager (1"The Pink Sheet" Feb. 21, p. 13)

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