Sxc Health Solutions

Sxc Health Solutions

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. SXC Health Solutions is a Lisle, Illinois based pharmacy benefit management company that sells services related to pharmacy benefit management and medical record keeping to businesses in the United States. Working independently of the government and insurance companies allows it to operate as a third party verifier; the RxCLAIM online claim processing system allows for prescription drug claims to be processed online. SXC has three separate but interrelated business segments which deal with prescription drug programs. Most of the company's growth came in 2008 when it doubled in size; Between 2005 and 2010 revenue increased 3,400%. As a Canadian startup, the company received venture capital subsidies from the Canadian government in addition to private investments. These subsidies allowed the business to grow initially and establish its business model in advance of its initial public offering, which was offered through the NASDAQ exchange in 2009. The success of the mixed public and private approach in SXC's case has been called "perhaps the best example of the flexibility and the value added by the Canadian hybrid system."
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Product details

  • Paperback | 84 pages
  • 152 x 229 x 5mm | 136g
  • United States
  • English
  • black & white illustrations
  • 6135632345
  • 9786135632347