SXC Health solutions announces record third quarter financi... (Revenue $ 357473 $ 297178 $ 26056 $ ...)

SXC Health solutions announces record third quarter financial results

Date:11/5/2009

Revenue $ 357,473 $ 297,178 $ 26,056 $ 20,923 $ 383,529 $ 318,101 Gross profit $ 36,239 $ 24,524 $ 11,441 $ 10,362 $ 47,680 $ 34,886 Gross profit % 10.1% 8.3% 43.9% 49.5% 12.4% 11.0% Nine months ended September 30, (unaudited, in thousands)(2) PBM HCIT Consolidated --------------------- --------------------- --------------------- YTD 09 YTD 08 YTD 09 YTD 08 YTD 09 YTD 08 ---------- ---------- ---------- ---------- ---------- ---------- Revenue $ 919,158 $ 502,038 $ 76,160 $ 68,135 $ 995,318 $ 570,173 Gross profit $ 99,550 $ 41,338 $ 34,526 $ 36,668 $ 134,076 $ 78,206 Gross profit % 10.8% 8.2% 45.3% 53.8% 13.5% 13.7%

PBM revenue was $357.5 million for Q3 2009, compared to $297.2 million for Q3 2008. PBM revenue for the year-to-date ("YTD") period was $919.2 million, compared to $502.0 million in the prior year.

Q3 2009 HCIT revenue was $26.1 million, which included approximately $1.5 million of performance awards for achieving certain predetermined savings commitments and service level guarantees, compared to $20.9 million in the same period in 2008. Recurring revenue consisted of transaction processing revenue of $16.5 million, compared to $11.6 million in Q3 2008 and maintenance revenue of $4.7 million, compared to $4.0 million in Q3 2008. Recurring revenue accounted for 81% of HCIT revenue in Q3 2009, compared to 75% in Q3 2008. Q3 2009 non-recurring revenue consisted of professional service revenue of $3.2 million, compared to $3.8 million in Q3 2008, and system sales revenue of $1.7 million, compared to $1.5 million in Q3 2008.

For the YTD period, HCIT revenue increased to $76.2 million, compared to $68.1 million in the prior year period. Transaction processing revenue for the
'/>"/>

SOURCE SXC Health Solutions Corp.
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Related medicine news :

1. Oso Healthcare Provides Implementation and Support Services for ClearCanvas Open Source RIS/PACS
2. Ali′i Health Chooses Aprima Medical Software EHR/PM Solution from Local Reseller, Blue Cliff
3. Montana Now 20th State to Defend Health Care Choice
4. The Minnesota Nurses Association: School Nurses in Minnesota Celebrate 100 Years of Addressing Health Needs of School Children
5. Health Care Reform Legislation Becomes Vehicle for Reshaping Immigration Policy
6. HealthFitness Announces Third Quarter 2009 Financial Results
7. Genomic Health Announces Third Quarter 2009 Financial Results and Business Progress
8. Emerging infectious diseases call for One Health summit Nov. 17
9. Not What the Doctor Ordered: Rapid Environmental Change Threatens the Foundations of Human Health
10. Drexel Universitys Eleventh Street Health Services Recognized as National Model of Innovative Health Care
11. Childrens and Its Physicians Join Forces With Insurers to Accelerate Transformation of Pediatric Care to a More Effective and Efficient Health Care Delivery System

Post Your Comments:

(Date:5/25/2013)... York (PRWEB) May 25, 2013 ... litigation underway in U.S. District Court, Western District of ... According to a Case Management Order issued on ... the filing of contested motions in the Actos bladder ... motions. (In re: Actos Product Liability Litigation, MDL No. ...

(Date:5/25/2013)... May 25, 2013 Studies from Johns ... are carrying excessive weight and their inability to get ... simply losing weight can naturally relieve many symptoms. ... improvement in sleep quality was significantly associated with overall ... study dated November 6th, 2012, researchers monitored ...

(Date:5/25/2013)... (PRWEB) May 25, 2013 The ... ranging from irritable bowel syndrome (IBS) to bloating, ... among the most long-lasting, embarrassing, frustrating and difficult ... foods for digestive health have provided a ... are many factors contributing to digestive health issues, ...

(Date:5/25/2013)... (PRWEB) May 25, 2013 Dr. Farooq ... surgery clinic in Dubai, has announced his practice’s adoption ... is the only FDA-cleared femtosecond laser proven with more ... safety and precision of LASIK. , “We are happy ... Advanced Femtosecond Laser at our Dubai LASIK practice,” Ashraf ...

(Date:5/25/2013)... Prairie Living at Chautauqua , ... American Red Cross Blood Drive from 1:30 to 5:30 ... is located at 955 Villa Ct. in Carbondale, Illinois, ... Medicaid, who need some help to maintain their independence.. ... Andrea Arview Frey, Director of Marketing for Prairie Living. ...

Breaking Medicine News(10 mins):Health News:Actos Lawsuit News: Bernstein Liebhard LLP Notes New Case Management Order in Federal Actos Bladder Cancer Litigation 2 Health News:Actos Lawsuit News: Bernstein Liebhard LLP Notes New Case Management Order in Federal Actos Bladder Cancer Litigation 3 Health News:hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Offers Newly Improved hCG Diet Plans Capable of Delivering Better Sleep 2 Health News:Natural Foods For Digestive Health Report and Video Published by BetterDigestion.org 2 Health News:Atlanta Vision Clinic Acquires the Latest in Blade-Free Lasik Technology Bringing Dubai Patients the Intralase Method 2 Health News:Carbondale Affordable Assisted Living Community to Host Red Cross Blood Drive 2

[0] Actos Lawsuit News: Bernstein Liebhard LLP Notes New Case Management Order in Federal Actos Bladder Cancer Litigation [0] hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Offers Newly Improved hCG Diet Plans Capable of Delivering Better Sleep [0] Natural Foods For Digestive Health Report and Video Published by BetterDigestion.org [0] Atlanta Vision Clinic Acquires the Latest in Blade-Free Lasik Technology Bringing Dubai Patients the Intralase Method [0] Carbondale Affordable Assisted Living Community to Host Red Cross Blood Drive

... New York Health AdvisoryNEW YORK, Feb. 12 Asthma ... in New York City, according to the United States ... suggests that there are many causes for asthma attacks, ... system changes that result from the presence, or lack ...

... Non-attorney Representation Services , ... Belleville, Ill. (PRWEB) February ... can increase their changes of getting awarded when they hire representation, ... the Social Security Disability Insurance (SSDI) process each year. ...

... doctors, nurses, and other medical personnel wear scrubs in the ... and ties to work. What we wear, as we ... comfortable, all the while maintaining our professionalism. With all ... someone go about making an important decision such as which ...

... has been enormous public controversy over the piece published ... stimulus bill. Betsy McCaughey, Ph.D. states:1) While ... Coordinator of Health Information Technology was created by former ... for doctors and hospitals that voluntarily adopted electronic medical ...

... RUTHERFORD, N.J., Feb. 11 Cambrex Corporation (NYSE: CBM ... period ended December 31, 2008., , ... quarter 2007 and full year sales decreased 3.7% excluding the impact ... for the quarter and year, respectively. , ...

... and MTA: CTIC) announced today that the Borsa Italiana, ... Company,s common stock on the MTA stock,market in Milan, ... on February 10th. As a result of the ... additionally been halted on the NASDAQ Stock Market,pursuant to ...

Home Care Tips for Reducing the Risk of Childhood Hospitalizations Due to Asthma Social Security Disability Applicants Increase Chances for Benefits with Representation So Many Nursing Scrubs, So Many Decisions: blue sky scrubs Offers Tips on How to Find That Perfect Set of Medical Scrubs Betsy McCaughey Responds to Poorly Informed Critics Cambrex Reports Fourth Quarter and Full Year 2008 Results Cell Therapeutics Updates Shareholders on Trading

(Date:5/23/2013)... May 23, 2013 Nephros, Inc. (OTC Bulletin ... device company that develops and sells high performance liquid ... rights offering. In addition, the concurrent temporary reduction in ... on May 17, 2013. Nephros estimates that ... the rights offering. A portion of the proceeds will ...

(Date:5/23/2013)... -- A recently published clinical study conducted at TOPS Comprehensive ... demonstrates that 3D mammography (breast tomosynthesis) significantly reduces unnecessary ... The study, "Implementation of Breast Tomosynthesis in a Routine ... Stephen L. Rose , MD, and published ... of Roentgenology (AJR). The AJR is the scientific ...

(Date:5/23/2013)... , May 23, 2013 More than half ... not benefit from chemotherapy and still have excellent outcomes. ... of one of the largest sources of online consumer ... and interactive Facebook page provide recently diagnosed women with ... safely avoid chemotherapy. "We anticipate these innovative ...

Breaking Medicine Technology:Nephros Announces Completion of Rights Offering 2 Nephros Announces Completion of Rights Offering 3 Nephros Announces Completion of Rights Offering 4 First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams 2 First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams 3 Agendia Launches Social Media Campaigns to Help Breast Cancer Patients with Chemotherapy Decisions 2 Agendia Launches Social Media Campaigns to Help Breast Cancer Patients with Chemotherapy Decisions 3

[0] Nephros Announces Completion of Rights Offering [0] First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams [0] Agendia Launches Social Media Campaigns to Help Breast Cancer Patients with Chemotherapy Decisions

... Mass. , May 5 LightLab Imaging, ... Optical Coherence Tomography (OCT) technology for vascular and other ... and Drug Administration (FDA) for the C7-XR Imaging System ... LightLab,s latest generation Frequency Domain OCT (FD-OCT™) technology, are ...

... May 5 Zimmer Holdings, Inc. (NYSE: ZMH ; SIX: ZMH) ... Care Conference in New York, New York , on May 11, 2010 , ... , , A live ... . The webcast will be archived for replay following the conference. , ...

Cached Medicine Technology:LightLab Imaging Announces FDA Clearance of C7-XR(TM) Coronary OCT Products in the United States 2 LightLab Imaging Announces FDA Clearance of C7-XR(TM) Coronary OCT Products in the United States 3 LightLab Imaging Announces FDA Clearance of C7-XR(TM) Coronary OCT Products in the United States 4 Zimmer Holdings to Present at Bank of America Merrill Lynch 2010 Health Care Conference 2

LightLab Imaging Announces FDA Clearance of C7-XR(TM) Coronary OCT Products in the United States Zimmer Holdings to Present at Bank of America Merrill Lynch 2010 Health Care Conference

... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...

... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...

Medicine Products:

Pb, Urine Parvovirus B19 Antibody, IgM Parvovirus B19 Antibodies, IgG & IgM Partial Thromboplastin Time with Reflex to PTT 1:1 Mix