LISLE, IL, Sept. 15, 2011 /PRNewswire/ - SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI) (TSX: SXC), a leading provider of technology and pharmacy benefit management (PBM) services, announces that it was ranked 1st in FORTUNE Magazine's 2011 "100 Fastest-Growing Companies" list.
The complete rankings and related stories can be found in the September 26, 2011 issue or by visiting http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2011/index.html.
"We are proud to have moved from 6th position in 2010 to be ranked at the top of this year's list of FORTUNE'S fastest-growing U.S. and International companies," said Mark Thierer, Chairman and CEO of SXC. "Through a combination of organic and acquisitive growth, we have built significant momentum in our business over the past several years and have established SXC as an emerging force in the PBM industry. This ranking reflects the hard work put forth by the entire team at SXC during this period of expansion and we remain excited with the multiple growth opportunities that remain in front of us."
FORTUNE'S 100 Fastest-Growing Companies list includes foreign and domestic companies traded on a major U.S. stock exchange with annual revenue and net income of at least $50 million and $10 million, respectively, a market capitalization over $250 million. Companies that meet these criteria are ranked by revenue growth rate, EPS growth rate, and three-year annualized total return, among other criteria.
About SXC Health Solutions Corp. 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, Illinois with multiple locations in the US and Canada.
For more information please visit www.sxc.com.
SOURCE SXC Health Solutions Corp.