Navigation Links
SXC Health Solutions Corp. to acquire National Medical Health Card Systems, Inc.
Date:2/26/2008

claims processing systems to the SXC platform. Excluding special items and including anticipated synergies, SXC expects the acquisition to be dilutive to SXC's EPS in fiscal 2008 and accretive thereafter.

"The acquisition of NMHC is an essential step in our strategic evolution towards leadership in Pharmacy Spend Management and will create value for the companies' customers, employees, and shareholders," said Gordon S. Glenn, SXC's Chairman and CEO. "NMHC's base of 300 customers and 2.3 million lives under management, coupled with its established mail-order and specialty pharmacy operations, expands the capabilities of our full-service PBM offering and is complementary to our traditional software license and ASP business," said Gordon S. Glenn, SXC's Chairman and CEO. "In addition, NMHC has valuable relationships with industry consultants and provides us with a customer base that has critical mass with third-party administrators, managed Medicaid, state governments and Taft-Hartley organizations. This transaction helps us achieve our goal of providing a broad customer base with a comprehensive suite of technology and benefits-management services under a flexible and transparent pricing model."

Mr. Glenn continued, "SXC has a truly unique business model, offering our clients a pathway for control of their pharmacy benefits program based upon their individual needs. We continue to invest aggressively in our core license and ASP processing offerings, and now with the acquisition of NMHC, we have greatly enhanced the capabilities of our informedRx(TM) full service PBM offering. We are the only company in the PBM space to offer customers such a broad portfolio of solutions."

After closing, SXC's competitive position will center on an innovative mix of market expertise, information technology, clinical capability, scale of operations and mail order and specialty pharmacy offerings. The combined company will be uniquely positioned to service a wide va
'/>"/>

SOURCE SXC Health Solutions, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related medicine news :

1. Penn study finds pro-death proteins required to regulate healthy immune function
2. UCLA researchers identify markers that may predict diabetes in still-healthy people
3. Air pollution linked to cardiovascular risk indices in healthy young adults
4. More proof needed of safety and quality of electronic personal health records
5. Health care incentive model offers collaborative approach
6. Loneliness is bad for your health
7. Mailman School of Public Health study examines link between racial discrimination and substance use
8. Green Tea May Brew Up Healthier Skin
9. For Health Info, Women Often Turn to the Web
10. Record Number of Americans Lack Health Insurance
11. U.S. Research Funding Continues to Flatten as U.S. Health Costs Climb - in August 31 Science
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2015)... ... ... In an article published July 30th by the New York Times, ... a security firm that is tasked with providing supplemental protection. Called the French Quarter ... the city to provide private security when it is needed in a city that ...
(Date:8/27/2015)... ... August 27, 2015 , ... About ... Katrina slammed into the Gulf Coast, killing more than 1,800 people, displacing hundreds ... to a Georgia State University study. , While most people don’t develop persistent ...
(Date:8/27/2015)... ... August 27, 2015 , ... Healthpointe is proud to welcome Dr. Ted ... Los Angeles. Licensed to practice Chinese Needle Therapy since 1983, Dr. Priebe specializes in ... Dr. Priebe also practices in Healthpointe’s La Mirada clinic and Garden Grove clinic. ...
(Date:8/27/2015)... ... August 27, 2015 , ... ... and leading biopharmaceutical contract development manufacturing company (CDMO), announced today that it has ... for $205.68M in cash. , The addition of Cytovance Biologics to ...
(Date:8/27/2015)... ... ... King Kullen, America’s First Supermarket, is celebrating 85 years of serving the ... recognized by the Smithsonian Institute as America’s First Supermarket, King Kullen changed the grocery ... Kennedy families have created a culture of caring while building their business. Offering ...
Breaking Medicine News(10 mins):Health News:Article on New Orleans Security Force Highlights the Abilities and Flexibility of Private Security, says Spear Security Inc. 2Health News:About 10 Percent of Mothers Experienced Depression Two Years After Hurricane Katrina, New Study Shows 2Health News:Qualified Medical Examiner and Acupuncturist Joins Healthpointe in Los Angeles 2Health News:Qualified Medical Examiner and Acupuncturist Joins Healthpointe in Los Angeles 3Health News:Great Point Partners, LLC Announces that Hepalink USA Inc. Agrees to Acquire Cytovance Biologics, Inc. 2Health News:Great Point Partners, LLC Announces that Hepalink USA Inc. Agrees to Acquire Cytovance Biologics, Inc. 3Health News:Great Point Partners, LLC Announces that Hepalink USA Inc. Agrees to Acquire Cytovance Biologics, Inc. 4Health News:King Kullen Honors Their 85 Years of Success this August 2
... vaccines for new flu strains, other health threats ... Researchers have devised a rapid and efficient method ... called monoclonal antibodies, which mark and neutralize foreign ... accelerate the traditionally challenging task of generating human ...
... Healed by Registered Organ and Tissue Donors, ... tissue donors joined organ transplant recipients at the ... the Department of Motor,Vehicles (DMV) and the three ... lives by signing up on the state-authorized Donate ...
... healthy,eating and neonatal jaundice are among the many topics ... the upcoming Pediatric,Academic Societies Meeting in Honolulu May 2-6. ... more information or to reach one of,the researchers, call ... **ALL RESEARCH IS EMBARGOED UNTIL THE DATE AND TIME ...
... JOLLA, CA Diabetic individuals have a significantly ... molecular connection between the two remains unexplained. Now, ... identified the probable molecular basis for the diabetes ... in the current online issue of Neurobiology of ...
... from Allscripts Document Management; Expects ... Clinical & Financial Investment, CHICAGO and FORT ... of clinical software, connectivity and,information solutions that physicians ... Center Medical Group has selected the Allscripts,Electronic Health ...
... Fall Out Boy, Will.i.am, Alyssa Milano, Say Anything,Perez ... Helping Fuel,Game,s Viral Spread, Developed in Partnership ... Personal Stories of Americans Living With and Without,HIV/AIDS, ... Peabody and,Emmy Award-winning college network, and the Kaiser ...
Cached Medicine News:Health News:Researchers Develop Quick Way to Create Human Antibodies 2Health News:Researchers Develop Quick Way to Create Human Antibodies 3Health News:Three Million Californians Say 'Yes!' to Organ and Tissue Donation 2Health News:Three Million Californians Say 'Yes!' to Organ and Tissue Donation 3Health News:New Research From Packard Children's Hospital Experts Presented at 2008 Pediatric Academic Societies' Annual Meeting 2Health News:New Research From Packard Children's Hospital Experts Presented at 2008 Pediatric Academic Societies' Annual Meeting 3Health News:New Research From Packard Children's Hospital Experts Presented at 2008 Pediatric Academic Societies' Annual Meeting 4Health News:Salk study links diabetes and Alzheimer's disease 2Health News:Salk study links diabetes and Alzheimer's disease 3Health News:The Heart Center Selects Allscripts Electronic Health Record and Practice Management for 50 Physicians 2Health News:The Heart Center Selects Allscripts Electronic Health Record and Practice Management for 50 Physicians 3Health News:The Heart Center Selects Allscripts Electronic Health Record and Practice Management for 50 Physicians 4Health News:mtvU & Kaiser Family Foundation Launch POSorNOT.com to Challenge Stigma, Fight Spread of HIV/AIDS 2Health News:mtvU & Kaiser Family Foundation Launch POSorNOT.com to Challenge Stigma, Fight Spread of HIV/AIDS 3Health News:mtvU & Kaiser Family Foundation Launch POSorNOT.com to Challenge Stigma, Fight Spread of HIV/AIDS 4Health News:mtvU & Kaiser Family Foundation Launch POSorNOT.com to Challenge Stigma, Fight Spread of HIV/AIDS 5Health News:mtvU & Kaiser Family Foundation Launch POSorNOT.com to Challenge Stigma, Fight Spread of HIV/AIDS 6
(Date:8/27/2015)... , Aug. 27, 2015 Major pharmaceutical and medical ... a legal conference in Philadelphia on ... issues, Tom Hagy of HB Litigation Conferences has ... visit HB,s website at http://litigationconferences.com/?p=31886 The ... McCambridge Singer & Mahoney and Michelle Hart Yeary ...
(Date:8/27/2015)... Aug. 27, 2015  PinnacleHealth CardioVascular Institute enrolled the first ... the United States in a trial ... stent for blockages in the main artery of the leg. ... and potentially less risk for stent fracture or re-narrowing after ... single-arm, multicenter clinical trial of the BioMimics 3D Stent System ...
(Date:8/27/2015)... 27, 2015 The Elekta Linac-based ... Boston on July 9th for its ... to more fully exploit the potential of advances in ... diseases. "As an established provider of sophisticated ... assume a leadership role - in collaboration with its ...
Breaking Medicine Technology:Pharmaceutical, Medical Device Law Seminar Features In-House, Outside Counsel 2Pharmaceutical, Medical Device Law Seminar Features In-House, Outside Counsel 3First Pennsylvania Patient Treated in Landmark Vascular Study 2New Elekta Consortium to Push Frontiers of Linear Accelerator-Based Stereotactic Radiation Therapy for the Brain 2New Elekta Consortium to Push Frontiers of Linear Accelerator-Based Stereotactic Radiation Therapy for the Brain 3
Solid State Manometry Catheter Accessory., ,Manometric calibrators are required for calibration of solid state catheters., ,Each type of catheter requires a unique calibrator....
Sphincter of Oddi Solid State Catheter Adapter Cable for Polygraf ID...
... 3 system consists of the Model 7432 ... MemoryMod Software Cartridge. , ,Enterra™ Therapy ... nausea and vomiting associated with gastroparesis when ... relief of symptons for diabetic or idiopathic ...
... Intramuscular Lead is a unipolar lead intended for ... has a ski needle design for easier use ... a fixed electrode length of 1 cm. The ... is available in 35 cm length. Two leads ...
Medicine Products: