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Filed by: Healtheon/WebMD Corporation
Pursuant to Rule 425 under the Securities Act of 1933
Subject Company: Medical Manager Corporation
Commission File No.: 000-17822
THIS COMMUNICATION IS FILED PURSUANT TO RULES 165 AND 425
PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
INVESTORS ARE URGED TO READ THE VARIOUS FILINGS OF
HEALTHEON/WEBMD CORPORATION AND MEDICAL MANAGER CORPORATION
WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING THE PROXY
STATEMENT/REGISTRATION STATEMENT THAT IS REQUIRED TO BE FILED WITH
RESPECT TO THE TRANSACTION DESCRIBED BELOW PRIOR TO THE VOTE OF
THE SHAREHOLDERS OF MEDICAL MANAGER CORPORATION AND
HEALTHEON/WEBMD CORPORATION WITH RESPECT TO THE MERGER.
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[PHOTO]
[PHOTO] [PHOTO]
Connecting the
Global Healthcare
Marketplace
[PHOTO] [PHOTO]
[Healtheon(TM)/WebMD(SM) LOGO]
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SEC LEGEND
This communication is filed pursuant to Rules 165 and 425 promulgated under the
Securities Act of 1933, as amended. Investors are urged to read the various
filings of Healtheon/WebMD Corporation, OnHealth Network Company, Medical
Manager Corporation and CareInsite, Inc. that have been filed with the
Securities and Exchange Commission including the proxy statement/registration
statements that are required to be filed with respect to the transactions
described in the following presentation prior to the vote of the shareholders of
the respective companies and the issuance of the common stock of Healtheon/WebMD
Corporation in the mergers.
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WHAT ARE WE TRYING TO ACCOMPLISH?
[Photo] [Photo]
600K PHYSICIANS CONSUMERS
Direct PMS Distribution
78K 65K Medic [Screen Shot] WebMD/OnHealth
118K IDX www.webmd.com 7MM Unique Visitors
75K InfoCure [This graphic is
815K Med. Mgr. connected to the
---- photos with lines]
443K
[Photo]
PAYERS, LABS, PHARMACIES, HOSPITALS
- MedE America
- Kinetra
- Envoy
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4TH QUARTER HIGHLIGHTS
- - Complete Healtheon, WebMD, MedE AMERICA, Medcast merger (November 12th)
- - Create a completely new combined consumer and physician portal
(November 15th)
- - Transition revenue mix of company from:
Transactions Transactions
Development to Advertising/E-Commerce
IT Outsourcing Subscriptions
Products & Services
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REVENUE BREAKOUT-TREND
<TABLE>
<CAPTION>
3Q 99 4Q 99
---------------------------------------------------------------------
<S> <C> <C>
Transactions 52% 55%
Advertising/E-Commerce 7% 18%
Subscriptions 4% 10%
Products & Services 37% 17%
--------------------------------------------------------------------
Total 100% 100%
</TABLE>
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2000 GOALS
- Integrate the merged assets
- Continue to create partnerships to monetize and enhance
network
- Grow transactions
- Become the on-line source for health information
- Leverage distribution channels to aggregate users
- Increase brand awareness
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OUR STRATEGY
[ARROW] PARTNERSHIPS
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WORLD-CLASS PARTNERSHIPS
<TABLE>
<S> <C> <C> <C> <C> <C>
[Quintiles [IDX(TM) [Medtronic [medibuy.com [CVS [Humana
Transnational Logo] Logo] Logo] Logo] Logo]
Logo]
[Tricare [Coventry [SB [Du Pont(R) [CNN [Covad
Logo] Health Care SmithKline Logo] Logo] Logo]
Logo] Beecham
Logo]
[Dell [Tenet [Healtheon(TM)/ [HNC [excite
Logo] Logo] WebMD(SM) Software Logo]
Logo] Logo]
[Lycos Intel(R) [American [UnitedHealthcare(R)
Logo] Logo] College of Logo]
Cardiology
Logo]
[Merck-Medco [Beech Street [MedQuist(R) [Microsoft [Healthsouth [Reader's Digest
Managed Care, Corporation Logo] Logo] Logo] Logo]
L.L.C. Logo]
Logo]
[Soft Bank [EDS [Lilly [News [Yahoo! [Brown &
Logo] Logo] Logo] Corporation Logo] Toland
Logo] Medical Group
Logo]
</TABLE>
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HOW WE MONETIZE THE NETWORK - TOTAL $800 + MILLION
[Photo] [Screen Shot] [Photo]
Physicians www.webmd.com Consumers
[Photo]
Institutions
[Downward Arrows]
<TABLE>
<CAPTION>
Transactions Advertising/E-Commerce Subscriptions Products & Services
Total = $400 MM Total = $250 MM Total = $160 MM
<S> <C> <C> <C> <C> <C> <C>
- - Kinetra - Microsoft $75 - DuPont $130 - NewCorp 60
- - Envoy - Eli Lilly $60 - Microsoft $125 - Quintiles 100
- - CVS - Medtronic $50
- - Medic - Your Health $50
- - IDX - Medibuy $46
- - Infocure - DuPont $40
- Kiva $35
- HealthStream $30
- Mead Johnson $13
- CVS n/a
</TABLE>
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OUR STRATEGY
[Arrow] CONNECTIVITY
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CONNECTING AND ENABLING THE END-TO-END VALUE CHAIN
Provider Portal Payors
[Screen Shot] Data
Gateway
Applications
[arrow connects this Labs
to graphic of
e-Commerce computer terminals]
Transactions
[bi-directional [graphic:
Consumer Portal arrow connects computer terminals] Pharmacies
[Screen Shot] these words to
items in the [lines connect this
left hand graphic to the items
column] in the right hand column]
IDNs/
Secure, Hospitals
Integrated
Transaction
Platform
www.webmd.com
Content
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OUR STRATEGY
[Arrow] CONTENT
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SIGNIFICANT CONTENT RESOURCES
[WebMD Logo] - Unique, Industry-leading news
center:
[PHOTO] - 100+ editorial staff members,
including over 30 MD's
- Syndicated content
- Scalable outside the US
- Authoritative references and texts
- Research databases
- Directories
- Relationships with most
authoritative names in medicine
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OUR STRATEGY
[Arrow] DISTRIBUTION
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BROAD AND DEEP DISTRIBUTION
UTILIZING MULTIPLE CHANNELS
[Healtheon(TM)/WebMD(TM), Careinsite, The Medical Manager(R) Logos]
<TABLE>
<CAPTION>
<S> <C> <C>
Direct Direct Physician Sales
Sales ----------------------
- 2,500 sales reps, VA
RS and support staff
- 190 offices
- 185,000 physicians
Partners Target On-line
Physician customers Consumer
Distribution Distribution
- ------------------- [arrows connect these words to the other items] ----------------
Earnings per share - 7 million consumers
of common stock - 30 billion impressions:
- - IDX - 118,000
- - Medic - 65,000
- - InfoCure - 75,000
Channel On-line
Partners Channels
-------- --------
InfoCure(TM) Yahoo
medic computer systems Lycos
IDX(TM) Excite
Logos MSN(TM)
Microsoft(R)
CBS Sportsline
MSN NBC Logos
</TABLE>
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OUR STRATEGY
[Arrow] BRAND
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BUILDING LEADING E-HEALTH BRAND THROUGH UBIQUITY
Global Portal
[WebMD(SM).com Logo]
Network Television
[News Corporation Logo]
Cable Television
[CNN Logo]
Print
[Reader's Digest Logo]
Health Cable Channel
[WebMD(SM) Television Logo]
Instore
[CVS/pharmacy Logo]
[The Sports Authority Logo]
On-line
[Yahoo! Logo] [Lycos Logo] [Excite Logo]
[MSN(TM) Microsoft Logo] [CBS Sportsline Logo] [MSN NBC Logo]
[dotted lines connect these
items to each other and to
the WebMD Logo]
<PAGE> 19
HEALTHEON/WEBMD: UNIQUE VALUE PROPOSITION
- Enormous market opportunity
- Leading partnerships
- Superior technology and connectivity
- Comprehensive content
- Extensive and exclusive distribution
- Rapidly increasing brand awareness
- Diversified, recurring revenue model
<PAGE> 20
[photo]
Connecting the
Global Healthcare [photo] [photo]
Marketplace
[photo] [photo]
[Healtheon (TM)/
WebMD (SM) logo]
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PAYORS
- - 900 Payor relationships for claims (Envoy)
- - 40+ Payors for real-time eligibility/referrals
- - Member/Provider (Humana & Coventry)
[Graphic]
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LABS
- - Contracts with ALL major national labs
- - SmithKline Beecham/Quest on Internet
- - Lab Corp beta live
- - UroCor beta live
[Graphic]
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PHARMACIES
- - >46,000 pharmacies
- - CVS - 50 MM transactions
- - Merck Medco Rx App accepted
[Graphic]
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IDNs/HOSPITALS
- - >4,000 hospitals submitting claims (Envoy)
- - 200 IDN's providing clinical transactions (Kinetra)
[Graphic]
