SXC Health Solutions, Inc. (SXCI) Message Board

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

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From: JakeStraw	2/24/2011 8:21:57 AM
	of 61

SXC HEALTH SOLUTIONS ANNOUNCES STRONG FOURTH QUARTER AND YEAR END FINANCIAL RESULTS finance.yahoo.com Thursday February 24, 2011, 6:00 am EST - Revenue increased 35% in 2010 compared to 2009 - - Net income grew 41% in 2010 compared to 2009 - "2010 was a great year at SXC as we grew our revenue from $1.44 billion to $1.95 billion. We had our best selling season ever which places us in a great position for 2011," said Mark Thierer, President and CEO of SXC. "Our 2010 results demonstrate how effectively we can compete in the PBM space with our high-performance technology platform coupled with our comprehensive clinical offering and focus on client service. We have all the elements in place to continue to grow and to take SXC to the next level. The acquisition of MedfusionRx is a great example of our approach to expanding our scale and skill in strategic areas, like specialty pharmacy, in order to support our continuing organic growth."

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