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:4/26/2017)... ... 26, 2017 , ... RawTrition now brings you BioEnergy which is a powder ... , RawTrition is taking nutrients to the next level! The superfoods ... its raw form (unlike the synthetically made options that are on the market). , ...
(Date:4/25/2017)... ... ... Bellus Medical, a leader in medical aesthetics, recently acquired ... photodynamic cosmetics (PDC). , Allumera® is the first PDC cream specifically formulated to ... minimize the appearance of pores – all with minimal downtime and results that ...
(Date:4/25/2017)... IN (PRWEB) , ... April 25, 2017 , ... ... D.C., CEOs, CFOs and HR decision-makers are preparing for how his administration could ... Financial will provide insight into what changes are most likely to make it ...
(Date:4/25/2017)... Switzerland (PRWEB) , ... April 25, 2017 , ... ... innovation targets, they rely on contracted partners to help with process innovation in ... of combined drug formulation experience along with state-of-the-art analytical equipment in support of ...
(Date:4/25/2017)... ... April 25, 2017 , ... Somnoware, a leading ... patient care management module. Using this new feature, sleep physicians can now predict ... on continuous positive airway pressure (CPAP), oral, or other forms of sleep apnea ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)... , April 20, 2017 NeuroVive Pharmaceutical ... today announced positive preclinical results demonstrating anti-fibrotic ... for non-alcoholic steatohepatitis (NASH), in an additional ... NV556 has previously shown similar anti-fibrotic ... Today, NeuroVive,s scientists present novel data demonstrating ...
(Date:4/19/2017)... -- Cardiology devices segment is anticipated to reach the highest ... Devices segment is likely to create absolute $ opportunity of ... 2017. By the end of 2027, Cardiology Devices segment is ... Mn, expanding at a CAGR of 18.4% over the forecast ... Pacific reprocessed medical devices market in terms of ...
(Date:4/19/2017)... , April 19, 2017 Global Surgical Drainage ... are tubes used to remove excess liquid and air. ... pus, urine, bile or lymph. Surgical drains are used ... such as orthopedics surgery, cardiovascular surgery, neurosurgery, plastic surgery ... post-surgery to prevent accumulation of fluid e.g. blood or ...
Breaking Medicine Technology: