-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GG1v/EZEetyN8dTa2l3GdNcY9bLouwbCCehq0VJpM5BDYuwGLfD4iniMPi7nURix
 RHP5ixOg5O40uQsM/76UZA==

<SEC-DOCUMENT>0000947871-09-000677.txt : 20091027
<SEC-HEADER>0000947871-09-000677.hdr.sgml : 20091027
<ACCEPTANCE-DATETIME>20091027153618
ACCESSION NUMBER:		0000947871-09-000677
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091023
FILED AS OF DATE:		20091027
DATE AS OF CHANGE:		20091027

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HLTH CORP
		CENTRAL INDEX KEY:			0001009575
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		IRS NUMBER:				943236644
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		RIVER DRIVE CENTER 2
		STREET 2:		669 RIVER DR
		CITY:			ELMWOOD PARK
		STATE:			NJ
		ZIP:			07407
		BUSINESS PHONE:		2017033400

	MAIL ADDRESS:	
		STREET 1:		RIVER DRIVE CENTER 2
		STREET 2:		669 RIVER DR
		CITY:			ELMWOOD PARK
		STATE:			NJ
		ZIP:			07407

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EMDEON CORP
		DATE OF NAME CHANGE:	20051018

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WEBMD CORP /NEW/
		DATE OF NAME CHANGE:	20001102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HEALTHEON CORP
		DATE OF NAME CHANGE:	19980729

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FUNSTON MARK D
		CENTRAL INDEX KEY:			0001246890

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24975
		FILM NUMBER:		091139251
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ss76086_4-funstonex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-10-23</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001009575</issuerCik>
        <issuerName>HLTH CORP</issuerName>
        <issuerTradingSymbol>HLTH</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001246890</rptOwnerCik>
            <rptOwnerName>FUNSTON MARK D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>669 RIVER DRIVE, CENTER 2</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ELMWOOD PARK</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07407</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Executive VP and CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-10-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>72500</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>11.60</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2009-10-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>180000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2016-11-13</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>180000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>9.46</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2009-10-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>180000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2018-12-10</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>180000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Includes 42,500 shares of unvested Restricted Stock.</footnote>
        <footnote id="F2">Pursuant to the terms of the merger agreement (&quot;Merger Agreement&quot;) between HLTH Corporation (&quot;HLTH&quot;) and WebMD Health Corp.
 (&quot;WebMD&quot;) dated June 17, 2009, each share of HLTH common stock was automatically converted into .4444 shares of WebMD common
 stock on the effective date of the merger.</footnote>
        <footnote id="F3">25% of the shares underlying the options vested or are scheduled to vest on each of the first, second, third, and fourth
 grant date anniversaries.  The date of grant for each of these options was ten years prior to the expiration date.</footnote>
        <footnote id="F4">Pursuant to the terms of the Merger Agreement, this stock option was automatically assumed by WebMD on the effective
 date of the merger and replaced with an option to purchase 79,992 shares of WebMD common stock with an exercise price of
 $26.11 per share.</footnote>
        <footnote id="F5">Pursuant to the terms of the Merger Agreement, this stock option was automatically assumed by WebMD on the effective
 date of the merger and replaced with an option to purchase 79,992 shares of WebMD common stock with an exercise price of
 $21.29 per share.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Lewis H. Leicher, Attorney-in-Fact for Mark D. Funston</signatureName>
        <signatureDate>2009-10-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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