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News

CVS Caremark extends SXC software maintenance service agreement

SXC Health Solutions : 11 July, 2008  (Company News)
SXC Health Solutions has announced a multi-year, multi-million dollar extension to its software maintenance and professional services agreement, and software license expansion with CVS Caremark.
The agreement provides CVS Caremark with software maintenance and professional services over a multi-year period along with expanded license rights. SXC has historically provided software maintenance and professional services to CVS Caremark. The scope of the services provided will not change under the new agreement.

'Since 1994, we have supported CVS Caremark or certain of the predecessor organizations; we are proud of our track record with this client and excited about the future prospects of working together,' said Mike Bennof, SXC's executive vice president of Health Care Information Technology (HCIT). 'This announcement validates our business strategy by demonstrating that we remain a valued provider of pharmacy and non-pharmacy related technology and services to a wide variety of health care organizations that manage prescription drug benefit programmes.'
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