CORAM HEALTHCARE: SETTLES WITH CAREMARK

      Coram Healthcare Corp. settled yesterday its two-year-old
 "fraud and breach of contract lawsuit against MedPartners'
 Caremark International and Caremark subsidiaries," Houston
 Chronicle reports.  Coram filed suit against Caremark in 1995 in
 California state court, "seeking more than $200 million in
 damages relating to Coram's acquisition of Caremark's home-
 infusion business" (see AHL 2/1/95).  Under the terms of the
 settlement, Caremark will pay Coram $45 million in cash by
 September 1 and will forgive about $120 million in promissory
 notes.  Chronicle reports that Coram, which generated $522
 million in revenues last year, will record a pretax gain of about
 $165 million as a result of the settlement, while MedPartners
 will incur an after-tax expense of $75 million (7/1).