LISLE, IL, June 18, 2012 /PRNewswire/ - SXC Health Solutions Corp. (NASDAQ: SXCI) (TSX: SXC), announced today that it has been awarded Specialty Pharmacy Accreditation from URAC, a Washington, DC-based health care accrediting organization that establishes quality standards for the health care industry. Specialty Pharmacy offers a high touch, comprehensive care system of pharmacological care wherein patients with chronic illnesses and complex disease states receive expert therapy management and support tailored to their individual needs.
"SXC's robust specialty sector is a powerful contender in the PBM industry," said Mark Thierer, Chairman and CEO of SXC. "Our URAC accreditation is recognition of the quality and broad scope of our specialty pharmacy commitments. We look forward to continuing to provide unbeatable service and committed support to our clients."
URAC made the decision to develop a Specialty Pharmacy accreditation program because it is one of the key distribution channels for pharmacy benefit management and extends URAC's consumer protection and empowerment efforts in managed care pharmacy. URAC offers the only third-party, voluntary accreditation program of this scope for pharmacy benefit management and prescription services industry.
"By applying for and receiving Specialty Pharmacy Accreditation, SXC Health Solutions has demonstrated a commitment to quality health care," said Alan P. Spielman, URAC President and CEO. "Quality health care is crucial to our nation's welfare and it is important to have organizations that are willing to measure themselves against national standards."About SXC Health Solutions Corp. SXC Health Solutions Corp. is a leading provider of pharmacy benefit management ("PBM") services and healthcare information technology solutions to the healthcare benefit management industry. SXC's product offerings and solutions combine a wide range of PBM services and software applications, application service provider processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as health plans, employers, federal, provincial, and, state and local governments, pharmacy benefit managers, retail pharmacy chains and other healthcare intermediaries. SXC is headquartered in Lisle, Ill., with multiple locations in the U.S. and Canada. For more information please visit www.sxc.com. About URAC URAC, an independent, nonprofit organization, is a leader in promoting health care quality through accreditation and certification programs. URAC's standards keep pace with the rapid changes in the health care system, and provide a mark of distinction for health care organizations to demonstrate their commitment to quality and accountability. Through its broad-based governance structure and an inclusive standards development process, URAC ensures that all stakeholders are represented in setting meaningful standards for the health care industry.
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