Healtheon/WebMD buys CareInsite, Medical Manager

Healtheon/WebMD Corp. (Nasdaq: HLTH) said Monday it will buy Medical Manager Corp. (Nasdaq: MMGR), a provider of physician practice management systems, along with its publicly traded subsidiary, CareInsite Inc. (Nasdaq: CARI).

Shares in CareInsite, which provides health care network and clinical communications services, was up 3 3/4 to 71 3/8. Medical Manager shares jumped 19 to 84. Full story. -- Tiffany Kary, ZDNet Inter@ctive Investor