Posted by TDCTY Editor on April 27th, 2008
The Deerfield, Ill., operator of a chain of drug stores said stockholders had tendered and not withdrawn 40.6 million shares, about 96%, of I-trax’s common stock and 2.14 million shares, about 98.6%, of I-trax’s preferred stock, according to preliminary data from the depositary for the offer.
Walgreen said it will merge Putter Acquisition Sub into I-trax and all remaining I-trax stockholders who did not tender their shares in the offer will receive the same price paid in the tender offer.
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Posted by TDCTY Editor on April 22nd, 2008
Walt Disney World has selected CHD Meridian Healthcare to operate the new employee health-care clinic being built near Epcot and to provide medical and pharmacy services for Disney employees and their families.
The $6 million, 15,000-square-foot facility will offer same-day medical care on Disney property and coordinated treatment with specialists and other facilities throughout Central Florida. The clinic will feature evening and weekend hours.
A grand opening is expected this fall, in the backstage area of Epcot. CHD Meridian will recruit for the approximately 40 jobs, including primary-care physicians and other medical professionals, as well as administrative staff.
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Posted by TDCTY Editor on April 11th, 2008
A building purchased by a trio of the area’s largest companies is the planned location for a health care clinic to be built for their employees, dependents and retirees, a spokesman said Thursday.
Bob Green, a Rio Tinto Energy America official representing Wyoming Healthcare Coalition LLC confirmed that the building at 430 Medical Arts Court was the planned location for a health clinic scheduled to open in July. The coalition bought the 7,000-square-foot clinic from Antelope Medical Properties LLC in March for an undisclosed cash sum.
The clinic, which will serve Foundation Coal West, Powder River Coal and Rio Tinto, is a joint partnership between the coal giants and contract health care provider CHD Meridian, based in Pennsylvania.
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Posted by TDCTY Editor on April 8th, 2008
CHD Meridian Healthcare, an I-trax, Inc. company, announced the planned opening of a new healthcare center and pharmacy in Gillette, WY, that will serve the employees of multiple mining companies that have come together to form a coalition. The coalition is comprised of three mining holding companies including Foundation Coal West, Powder River Coal Company and Rio Tinto Energy America, and their affiliates.
“We are pleased that the Wyoming Quality Healthcare Coalition, through its rigorous search process, selected CHD Meridian to work with them to create this new center,” said R. Dixon Thayer, chief executive officer of CHD Meridian. “We believe that selecting us is recognition of our 40-year-plus history of providing on-site healthcare services to some of this country’s largest employers. The coalition worked with a recognized national consultant to find the best solution to its healthcare needs and we are looking forward to providing outstanding service to the coalition’s employees and their covered dependents.”
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Posted by TDCTY Editor on April 8th, 2008
Last month’s purchase of I-trax Inc. by drugstore giant Walgreen Co. has triggered more than $1 million in bonuses for six top executives of the Chadds Ford company.
I-trax chairman Frank Martin will receive the largest bonus - $400,480 - once the purchase has been completed, according to a filing with the Securities and Exchange Commission. CEO R. Dixon Thayer will get $193,120.
Walgreen agreed to buy the operator of worksite-based health clinics on March 14 for $278 million, or $5.40 per share.
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