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SXC Health Solutions announces three-year $35 million PBM contract with the State of Tennessee
Date:6/23/2008

The base contract is for three years with an expected launch date of October 1, 2008, and includes two one-year extension options. Through its $650 million annual pharmacy program, TennCare fills about one million claims a month.

About TennCare

TennCare is Tennessee's managed-care Medicaid program serving approximately 1.2 million low-income children, pregnant women and disabled Tennesseans, with an annual budget of $7 billion.

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.


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SOURCE SXC Health Solutions Inc.
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