SXC Health Solutions Joins CompPharma

Tampa, Fla. (April 2, 2012) — SXC Health Solutions, Corp., which provides technology solutions to the pharmacy benefit management (PBM) industry, has joined CompPharma, LLC.  CompPharma is a consortium of nine workers’ compensation PBMs that researches and implements solutions that impact the industry and advocates for the industry, workers compensation claimants, and employers.  Primarily, CompPharma coordinates public affairs efforts to help lawmakers and regulators understand the issues related to pharmacy in workers’ compensation.  Its public affairs goals are to facilitate an open marketplace, ensure access to appropriate medications for workers’ compensation claimants and maintain the ability of member PBMs to profitably conduct business and serve their customers.

As a member, SXC helps set CompPharma’s  advocacy priorities and direction.  “Many issues are better represented by a group, rather than an individual company,” said Gregory Kosater, R.Ph., vice president workers’ compensation sales and account management for SXC. “We appreciate the opportunity to unite with like-minded professionals for the good of the industry.”

About SXC Health Solutions Corp.
Ranked number one on the 2011 Fortune 100 List of Fastest Growing Companies, 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 PBM services and 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 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 CompPharma
Established by industry consultants Joseph Paduda and Helen Knight, CompPharma, LLC is a consortium of workers’ compensation PBMs active in workers compensation.  More information is available at www.comppharma.com or by contacting Helen Knight at 813-837-1701 or hknight@comppharma.com.

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Media Contact:  Helen Knight, 813-837-1701; helen@kingknight.com