Navigation Links
SXC Health Solutions announces contract with PharMerica
Date:1/5/2009

- Agreement strengthens SXC's lead in the Long-Term Care market -

LISLE, IL, Jan. 5 /PRNewswire-FirstCall/ - SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC), a leading provider of technology and pharmacy benefit management services, announces that its Health Care Information Technology business group has been awarded a three-year, multi-million dollar contract to provide its Resident Care Management (RCM) offering of technology and services to PharMerica Corporation (NYSE: PMC) of Louisville, Kentucky.

Under terms of the agreement, PharMerica will receive SXC's industry-leading Long-Term Care (LTC) claims adjudication and RCM consulting services. PharMerica operates more than 100 institutional pharmacies throughout the U.S., and serves approximately 326,000 patient beds in LTC facilities.

"We are pleased to add another premier client such as PharMerica to our LTC business," said Mark Thierer, President and CEO of SXC. "The LTC market is beginning to invest more heavily in advanced managed pharmacy services creating a significant market opportunity for SXC. Our sophisticated technology, broad clinical expertise and flexible service-delivery model make us an innovative player that is well positioned to capture a significant share of this developing market."

"SXC's RCM products are key elements in PharMerica's plan to improve the quality of our pharmacy services and deliver proven cost management solutions," said Greg Weishar, CEO at PharMerica. "The flexibility of SXC's technology and our ability to easily integrate RCM were critical factors in choosing SXC."

About PharMerica Corporation

PharMerica Corporation is an industry leading institutional pharmacy services provider dedicated to providing quality customer service and innovative pharmacy solutions to Long Term Care Providers and institutionalized long term care patients. Headquartered in Louisville, Kentucky, PharMerica operates more than 100 institutional pharmacies that serve over 326,000 patients as of September 30, 2008. PharMerica has approximately 6,200 employees nationwide. Additional information can be found at www.pharmerica.com.

About SXC Health Solutions Corp.

SXC Health Solutions Corp. is a leading provider of pharmacy benefits management (PBM) services and Health Care Information Technology (HCIT) solutions to the healthcare benefits management industry. The Company's product offerings and solutions combine a wide range of PBM services and software applications, application service provider (ASP) processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as health plans, employers, Federal, provincial, and, state and local governments, pharmacy benefit managers, retail pharmacy chains and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois with 13 locations in the US and Canada. For more information please visit www.sxc.com.


'/>"/>
SOURCE SXC Health Solutions Corp.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Staying Warm with the Help of Equal Health
2. Taking 20 Years Off Her Health and Looks, RealAge Member Flaunts It on Oprah Show
3. New Initiative Urges Women to Address Mens Health this New Year
4. Santa Gets a Little Help from Equal Health
5. Department of Health Recognizes January As Cervical Health Awareness Month
6. Joan Lunden Inks Three-Year Deal to Host Health Corner(R) Television Series
7. ViroPharma to Present at the 27th Annual J.P. Morgan Healthcare Conference
8. New Years Resolution for Illinois Lawmakers: Fix Broken Health Care System
9. Dubious Drugs, Tainted Foods Top 2008s Health Stories
10. XStor Medical Systems Announces the Release of its Imaging Platform for Connectivity Between Healthcare Enterprises
11. Baby-Boomers Find Help Qualifying for California Health Insurance with UK Neurosurgeon, Sim Farar
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/4/2016)... ... ... Recognizing that lifestyle medicine is essential to health and healthcare, About.com ... MD, MPH, president of the American College of Lifestyle Medicine, as their first senior ... said Katz. “There is so much opportunity to add years to lives, and life ...
(Date:5/4/2016)... ... May 04, 2016 , ... The preeminent surgical aftercare ... Dickinson needed following breast cancer surgery. In March 2016, the 61-year-old model and reality ... breast cancer that occurs in the milk ducts, according to an interview with ...
(Date:5/4/2016)... ... May 04, 2016 , ... ... support for knees, ankles, and elbows. Engineered with athletes in mind, OMNIFORCE ... manufacturing (opposed to ineffective circular knitting, common in the industry) produces premium ...
(Date:5/4/2016)... ... May 04, 2016 , ... With the stamp of ... the month of May as National Cancer Research Month. According to the American ... of cancer with predications of one in four Americans dying as a result. , ...
(Date:5/4/2016)... ... 04, 2016 , ... International Conference on Obesity and Chronic ... at Las Vegas. It aims to bring together academicians, scientists, dietitians, surgeons, physicians, ... across the globe; making the conference a perfect platform to share experience and ...
Breaking Medicine News(10 mins):
(Date:5/3/2016)... May 4, 2016 Global ... pages, profiling 09 key companies and supported with ... and in-depth study on the current state of ... of the industry including definitions, classifications, applications and ... is provided for the international market including development ...
(Date:5/3/2016)... Research and Markets has announced ... Therapy Market Outlook 2020" report to their offering. ... ,Recombinant technology has improved significantly in past years due ... in coming years. Many cancer drugs have been developed ... are also expected to be developed with its help. ...
(Date:5/3/2016)... Ariz. , May 3, 2016  As a ... twice contracted rheumatic fever, which damaged his heart. He ... But by June 2013, Shepherd,s heart was giving ... from death. On June 20, 2013, the ... Total Artificial Heart (TAH-t). Like a heart transplant, the ...
Breaking Medicine Technology: