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Systems Xcellence

Milton, Ontario, Canada

Ownership: Private
Development stage: Other

Overview

Systems Xcellence, later known as SXC Health Solutions, was a prominent provider of healthcare information technology and pharmacy benefit management (PBM) services. The company initially specialized in developing sophisticated software for real-time pharmacy claims processing and data management for healthcare payers and providers. Over time, it transitioned into a full-service PBM through strategic acquisitions, eventually merging with Catalyst Health Solutions to form Catamaran Corporation. In 2015, Catamaran was acquired by UnitedHealth Group for approximately $12.8 billion and integrated into its OptumRx division. The company's legacy technology remains a foundational component of modern pharmacy benefit adjudication systems.

Industry: Biomedical IT and Biomedical Data Platforms

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