03:46 PM EST - SXC Health Solutions Corp. : announced that its HealthCare Information Technology Group has been awarded a contract to provide PBM solutions to the Ohio Bureau of Workers' Compensation. The contract period is for a three-year term with services commencing on November 1, 2009. Under terms of the agreement, SXC would provide pharmacy claims adjudication, drug utilization review, pharmacy network management, clinical services to contain costs, Maximum Allowable Cost list management, and management reporting in support of more than an estimated 1.6 million workers' compensation cases annually. SXC would deliver services for injured workers within Ohio and nationally as necessary. SXC Health Solutions Corp.
shares T.SXC are trading up $0.20 at $31.88.
