Navigation Links
SXC Health Solutions to provide technology services and support to major PBM
Date:6/5/2008

- Three year agreement provides expanded technology tools to support

full-service PBM's continued growth in marketplace -

LISLE, IL, June 5 /PRNewswire-FirstCall/ - SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC), a leading provider of pharmacy benefits management services, announced an agreement for its Health Care Information Technology (HCIT) group to provide ongoing business and technology services to Prescription Solutions, Inc, a UnitedHealth Group company. The contract has a provision for a three-year base period that would generate approximately $2.5 million in revenue over each year of the agreement, and contains provisions to potentially extend the agreement beyond the three-year term.

SXC has provided technology support and services to Prescription Solutions, Inc. since 1993. Under the terms of the new agreement, SXC will continue to provide application maintenance, development support, and collaborative enhancements for the pharmacy benefit systems licensed under separate agreements. This agreement extends SXC's support to new applications - including extensive Medicare Part D product support - as well as additional business implementations over the course of the agreement.

"This agreement strengthens and expands our valued and long-standing relationship with Prescription Solutions," said Mike Bennof, Executive Vice President of Health Care Information Technology at SXC. "Our goal is to be the industry's leading provider of tools, technology and services to help our customers better manage pharmacy programs, and in turn, to reduce the cost of drug delivery and enhance the healthcare experience for their plan members. We are very pleased to be partnered with a market leader like Prescription Solutions, and to help them achieve such operational objectives."

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 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 Federal, provincial, and, state and local governments, pharmacy benefit managers, managed care organizations, 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 http://www.sxc.com.


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

Related medicine news :

1. Countertop Appliance Splits Tap Water for Five Uses to Enhance Health, Environment
2. Lulu.com Authors Strive to Help Readers Stay Healthy, Wealthy & Wise
3. Long Term Care - A Health Qualifying Product
4. MAP Pharmaceuticals to Present at the Goldman Sachs Twenty-Ninth Annual Global Healthcare Conference
5. Trust for Americas Health on New HHS Influenza Pandemic Draft Guidance
6. NuVasive to Present at Goldman Sachs 29th Annual Global Healthcare Conference
7. Cover The Uninsured Week and Project Healthy Living Save Lives
8. Verizon Executive Urges Congress to Pass Health Care IT Legislation
9. Carl Marks Establishes New Healthcare Business Unit
10. Edwards Lifesciences to Present at the Goldman Sachs 29th Annual Global Healthcare Conference
11. Worlds Leading Health Experts Urge Countries to Use Newly Released Data to Prevent the Death of Millions of Children Due to Rotavirus
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/24/2017)... (PRWEB) , ... February 24, 2017 , ... The narrative ... offers Erik Schanssema ’s true account of his paramedic experiences. Schanssema describes the ... disorder and his attempts to overcome them. , Schanssema, initially unsure of the ...
(Date:2/24/2017)... ... February 24, 2017 , ... The California State ... convening academic faculty engaged in or interested in palliative care education and research. The ... be held in North County San Diego on Sept. 28 and 29, 2017, on ...
(Date:2/24/2017)... , ... February 24, 2017 , ... The International Association ... annual “Imagine Me Beyond What You See” body image mannequin art competition. Selected from ... be showcased and the winner revealed at the 31st annual iaedp Symposium, March 22 ...
(Date:2/24/2017)... ... ... The Radiology Business Management Association will select the 2017 Quest ... Better Radiology Marketing Programs conference, held this year from March 5 to 7 ... given out in five categories. They are:, ,     Patient Marketing, a ...
(Date:2/24/2017)... (PRWEB) , ... February 24, 2017 , ... ... qualifying into the Senior International Elite division on February 12th. Ms. Esparza ... divisions at the elite qualifier competition held in Las Vegas, Nevada. Frida is ...
Breaking Medicine News(10 mins):
(Date:2/24/2017)... 24, 2017 Zimmer Biomet Holdings, Inc. (NYSE ... will present at the Cowen and Company 37 th ... Copley Place on Tuesday, March 7, 2017 at 11:20 ... of the presentation can be accessed at http://wsw.com/webcast/cowen38/zbh ... the conference via Zimmer Biomet,s Investor Relations website at ...
(Date:2/24/2017)... Research and Markets has announced the addition of the "Hemophilia Drugs ... ... Price Analysis and Strategies - 2016, provides drug pricing data and benchmarks ... What are the key drugs marketed for ... Hemophilia market? What are the unit prices and annual ...
(Date:2/24/2017)... HARRISBURG, Pa. , Feb. 24, 2017 ... Secretary of Drug and Alcohol Programs Jennifer Smith ... role in providing training for and using naloxone, a ... Mark McCullough , a recovery specialist and overdose ... naloxone by EMS providers. "A significant part ...
Breaking Medicine Technology: