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Catamaran Corporation (CTRX)

41.24 Down 0.44(1.06%) Oct 22, 4:00PM EDT
|After Hours : 41.24 0.00 (0.00%) Oct 22, 4:46PM EDT
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Catamaran Corporation
1600 McConnor Parkway Schaumburg
Schaumburg, IL 60173
United States - Map
Phone: 800-282-3232
Fax: 224-231-1901

Index Membership:N/A
Industry:Application Software
Full Time Employees:4,000

Business Summary 

Catamaran Corporation provides pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits management industry in North America. The company operates in two segments: PBM and HCIT. The PBM services include electronic point-of-sale pharmacy claims management, retail pharmacy network management, mail and specialty pharmacy claims management, Medicare Part D services, benefit design consultation, preferred drug management programs, drug review and analysis, consulting services, data access, and reporting and information analysis. It owns and operates a network of mail and specialty pharmacies. The HCIT solutions include RxCLAIM, an online transaction processing system to provide adjudication of third-party prescription drug claims at the point of service, as well as payment and billing support and real-time functionality for updating benefit, price, member, provider, and drug details. It also provides RxBUILDER, a Web-based interface for formulary creation and maintenance; RxPORTAL, which allows customers to interact with the patientÂ’s formulary and drug history; and RxAUTH, a prior authorization (PA) management solution for automating PA process. In addition, the company offers RxMAX, a rebate management system designed to assist health plans in managing their relationships with pharmaceutical manufacturers; Zynchros, which provides a suite of formulary management tools; and RxTRACK, a data warehouse and analysis system. It serves various organizations in the pharmaceutical supply chain, such as federal, provincial, state and local governments, unions, corporations, pharmacy benefit managers, managed care organizations, retail pharmacy chains, and other healthcare intermediaries. 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 Schaumburg, Illinois.

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Corporate Governance 
Catamaran Corporation’s ISS Governance QuickScore as of Oct 1, 2014 is 1. The pillar scores are Audit: 5; Board: 1; Shareholder Rights: 3; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Mark A. Thierer , 54
Chairman and Chief Exec. Officer
Mr. Jeffrey G. Park , 42
Exec. VP of Operations
Mr. Clifford Berman , 54
Sr. VP, Gen. Counsel and Corp. Sec.
Mr. John Romza , 58
Exec. VP of Quality & Innovation
Mr. Joel Saban , 46
Exec. VP of Pharmacy Operations
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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