UnitedHealthGroup subsidiary gobbles up Avella Specialty Pharmacy

UnitedHealth Group Inc.'s OptumRX subsidiary has acquired Phoenix-based Avella Specialty Pharmacy. The Minnetonka, Minnesota-based insurance giant announced the acquisition in its third-quarter 8-K filing with the U.S. Securities and Exchange Commission. Avella was bought along with Renton, Washington-based Genoa Healthcare. Terms of the deals were not disclosed. Avella's roots date back to Ma y 1996, when pharmacist John Musil bought a local pharmacy before the age of 26. He immediately changed…
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