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Blue Chip Growth

Stock Report: () Report Updated: Feb 08, 2016 | Print This Page

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Company Profile

Catamaran Corporation provides pharmacy benefit management (PBM) services and healthcare information technology solutions to the healthcare benefits management industry in North America. The company offers informedRx, a suite of PBM services; and RxCLAIM, an online transaction processing system to provide online adjudication of third-party prescription drug claims at the point of service, such as claims management and review, as well as payment and billing support and real-time functionality for updating benefit, price, member, provider, and drug details. It also provides Integrail Pathfinder, a software application that enables the users to understand the impact of healthcare resource allocation and medical decision-making; IntegrailRx, which measures and predicts both pharmacy and total risk using pharmacy claims; RxBUILDER, a Web-based interface for formulary creation and maintenance; RxPORTAL, which allows customers to interact with the patientís formulary and drug history; RxAUTH, a prior authorization (PA) management solution for automating PA process; and RxTRACK, a data warehouse and analysis system. In addition, the company offers RxMAX, a rebate management system designed to assist health plans in managing their relationships with pharmaceutical manufacturers; and Zynchros, which provides a suite of formulary management tools to help payers manage their formulary programs and to maintain Medicare Part D compliance in their programs. It serves various organizations in the pharmaceutical supply chain, such as pharmacy benefit managers, managed care organizations, retail pharmacy chains, self-insured employer groups, unions, third party health care plan administrators, and state and federal government entities. The company was formerly known as SXC Health Solutions Corp. and changed its name to Catamaran Corporation in July 2012. Catamaran Corporation was founded in 1993 and is headquartered in Lisle, Illinois.

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