SXC Health Solutions Corp. announced it will acquire nearly all of the assets of MedMetrics Health Partners. Terms of the deal were not disclosed.
The acquisition is expected to close in the second quarter, after the deal clears closing conditions, according to a news release from Lisle, Ill.-based SXC. MedMetrics Health Partners, a Worcester, Mass.-based subsidiary of Public Sector Partners, manages pharmacy benefits. SXC provides health benefit information technology and pharmacy benefit management services.