Navigation Links
SXC Health Solutions announces informedRx renewal contract with The University of Michigan
Date:7/2/2008

LISLE, IL, July 2 /PRNewswire-FirstCall/ - SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC), a leading provider of technology and pharmacy benefits management services, announces a 36-month renewal agreement for its informedRx suite of services with The University of Michigan. Services to be provided under the renewal include: RxCLAIM(R) for on-line adjudication services of prescription drug claims, RxTRACK(R) for data warehouse access, benefit administration, pharmacy network management, rebate services and clinical prior authorization management.

"We are very pleased to extend our relationship with The University of Michigan and to continue to support their innovative programs centered on reducing their prescription drug expenditures and enhancing the quality of care for their plan members," said Mark Thierer, President and Chief Executive Officer at SXC.

"Our relationship with SXC has allowed The University of Michigan to effectively manage our pharmacy benefits by implementing a variety of programs in a very flexible manner - keeping the rate of increase of our drug costs well below the national average," stated Keith Bruhnsen, Assistant Director, Benefits at The University of Michigan. "Their ongoing commitment to timely and superior member service was also an important factor in our renewal."

About informedRx(R)

informedRx(R) is a broad suite of a la carte pharmacy benefit services that provide a flexible and cost-effective alternative to traditional pharmacy benefit management offerings. informedRx is built around SXC's industry leading technology solutions including pharmacy claims processing and reporting, rebate billing system and near real-time alternative therapy messaging. All contracting is founded on a total transparency and pass-through model for manufacturer rebates, retail network contracting and MAC management. informedRx also provides clinical intervention programs and drug utilization reviews which feature a coordinated approach with plan sponsors allowing input and control for specific client and market situations. All programs are priced on a fee-for-service basis.

About SXC Health Solutions

SXC Health Solutions Corp. (SXC) is a leading provider of pharmacy benefits management (PBM) services and HealthCare IT (HCIT) solutions to the healthcare benefits management industry. The Company's HCIT Group is dedicated to supporting the PBM industry with a broad range of technology, tools and services including a wide range of software applications, application service provider (ASP) processing services and professional services. SXC's customers include the largest organizations in the pharmaceutical supply chain, such as Federal, provincial, and state and local governments, PBMs, managed care organizations, institutional pharmacies, and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois with 13 locations in the US and Canada. For more information please visit http://www.sxc.com.


'/>"/>
SOURCE SXC Health Solutions Inc.
Copyright©2008 PR Newswire.
All rights reserved

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:2/22/2017)... ... February 22, 2017 , ... ... percent of those report that family members or friends have also commented about ... from hearing loss wear hearing aids. One reason, suggested by 89 percent of ...
(Date:2/22/2017)... , ... February 22, 2017 , ... Pet obesity in ... 54% of dogs, according to the Association for Pet Obesity Prevention (APOP). During the ... pet food issues such as the benefits of corn and grains, value of raw ...
(Date:2/22/2017)... SC (PRWEB) , ... February 22, 2017 , ... ... of several sponsors of the Medical University of South Carolina (MUSC) Center on Aging’s ... Mount Pleasant, SC. “MUSC’s Center on Aging is a tremendous resource in our community. ...
(Date:2/22/2017)... ... 22, 2017 , ... Alto-Shaam is pleased to announce an ... offers up to four ovens in one. Control temperature, fan speed and time ... in cooking. Alto-Shaam has partnered with Appliance Innovation to introduce this game-changing advancement ...
(Date:2/21/2017)... ... 2017 , ... Author Michèle Wolff has a passion for using food ... know all about it for optimal health. Wanting to share her knowledge to the ... and Wellness Solutions ” (published by Balboa Press AU). , This book inspires ...
Breaking Medicine News(10 mins):
(Date:2/22/2017)... Clean Holdings, Inc. (Nasdaq: UCTT), a leading developer ... the semiconductor capital equipment, flat panel, medical, energy ... for the fourth quarter and fiscal year ended ... year of extraordinary growth for UCT. Total revenue ... with continued focus on operational excellence resulted in ...
(Date:2/22/2017)... YORK , Feb. 22, 2017 Summary ... cord partnering deals and agreements entered into by the ... http://www.reportlinker.com/p03605680-summary/view-report.html Description The Global Spinal Cord ... and access to partnering deals and agreements entered into ... Trends in partnering deals - Top deals by ...
(Date:2/22/2017)... Summary Provides understanding and ... entered into by the worlds leading healthcare companies. ... Description The Global Atherosclerosis Partnering Terms and ... to partnering deals and agreements entered into by ... Trends in partnering deals - Top deals ...
Breaking Medicine Technology: