Catalyst Health Solutions Makes Fortune 100 Fastest-Growing Companies List for Second Consecutive Year
September 09 2009 - 9:20AM
Business Wire
Catalyst Health Solutions, Inc. (NASDAQ:CHSI) announced today
that it was named to the Fortune 100 Fastest-Growing Companies
list, making its second consecutive appearance on the annual
ranking and third within the past five years. Catalyst ranked
Number 14 on the list of fast-growing health care companies and
Number 93 overall among all industries. This year, Fortune made
both foreign and domestic companies eligible for the list if they
are traded on a major U.S. stock exchange. In previous years, only
domestic companies were eligible.
“Catalyst is proud to have made the Fortune 100 Fastest-Growing
Companies list again,” said David T. Blair, Chief Executive Officer
of Catalyst Health Solutions, Inc. “To be one of the global growth
leaders, despite the tough economic climate, is a testament to our
employees’ dedication and our proven approach to effectively
managing pharmacy costs.”
According to Fortune, the 100 Fastest-Growing Companies list was
determined as such: To qualify, a company – domestic or foreign –
must be trading on a major U.S. stock exchange; file quarterly
reports to the SEC; have a minimum market capitalization of $250
million on June 30, 2009; have a stock price of at least $5 on June
30, 2009; have been trading continuously since June 30, 2006; have
revenue and net income for the four quarters ended on or before
April 30, 2009, of at least $50 million and $10 million,
respectively; and have posted a compound annual growth in revenue
and earnings per share of at least 20% annually over the three
years ended April 30, 2009. All companies that meet these criteria
are ranked by their revenue growth rate, their EPS growth rate; and
their three-year annualized total return to investors for the
period ended June 30, 2009. The overall rank is based on the sum of
the three ranks.
The issue of Fortune magazine featuring the 100 Fastest-Growing
Companies list is on newsstands now and available online at
www.fortune.com.
About Catalyst Health Solutions, Inc.
(www.chsi.com)
Catalyst Health Solutions, Inc. is built on strong, innovative
principles in the management of prescription drug benefits and
provides an unbiased, client-centered philosophy resulting in
industry-leading client retention rates. The Company's subsidiaries
include Catalyst Rx, a full-service pharmacy benefit manager
serving more than six million lives in the United States and Puerto
Rico; HospiScript Services, LLC, one of the largest providers of
pharmacy benefit management services to the hospice industry; and
Immediate Pharmaceutical Services, Inc., a fully-integrated
prescription mail service facility in Avon Lake, Ohio. The
Company's clients include self-insured employers including state
and local governments, managed care organizations, unions,
hospices, third-party administrators and individuals.
This press release may contain “forward-looking statements” as
defined in the Private Securities Litigation Reform Act of 1995.
These statements involve a number of risks and uncertainties that
might materially affect our results, particularly those risks
referred to in our Annual Report on Form 10-K for the year ended
December 31, 2008 under “Item 1A. Risk Factors.” Readers are urged
to carefully review and consider the various disclosures made in
our Annual Report on Form 10-K and our other filings with the
Securities and Exchange Commission that attempt to advise
interested parties of the risks and uncertainties that may affect
our business. Catalyst Health Solutions, Inc. does not undertake
any obligation to update forward-looking statements, whether as a
result of new information, future events, or other
developments.
Catalyst Health Solutions, (MM) (NASDAQ:CHSI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Catalyst Health Solutions, (MM) (NASDAQ:CHSI)
Historical Stock Chart
From Jul 2023 to Jul 2024
