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Biotech / Medical : SXC Health Solutions, Inc. (SXCI)

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From: JakeStraw1/25/2010 8:35:13 AM
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SXC Health Solutions announces PBM contract renewal with Boston Medical Center HealthNet
finance.yahoo.com

LISLE, IL, Jan. 25 /PRNewswire-FirstCall/ - SXC Health Solutions Corp.(NASDAQ: SXCI, TSX: SXC), a leading provider of technology and pharmacy benefit management (PBM) services, announced today the renewal of its informedRx full-service PBM contract with Boston Medical Center (BMC) HealthNet for a five-year period effective January 1, 2010. BMC HealthNet, a health maintenance organization located in Massachusetts, manages healthcare coverage for more than 250,000 members with an annual drug spend of approximately $150 million. Under the agreement, SXC is providing full-service PBM services including mail order, specialty distribution and patient care clinical programs.
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