HEALTH

Baxter, Value Health in Medication-Management Deal: The companies agreed to form a joint venture to provide services to hospitals and other health-care facilities. Financial terms for the as-yet-unnamed venture were not disclosed. Deerfield. Ill.-based Baxter Healthcare Corp. is the main U.S. operating subsidiary of Baxter International Inc., a leading manufacturer and marketer of health-care products and services worldwide. Avon, Conn.-based Value Health Inc. is a leading provider of specialty managed-care benefit programs to large corporations, insurance carriers, managed-care organizations and federal, state and local governments. The 50-50 venture’s services would include information systems, pharmacy operations and medication process management.