Ft Lauderdale, Florida 3/12/2010 8:00:00 AM
News / Business

Fox Systems Clarifies Relationship with Fox Insurance Company

Fox Systems has released a statement noting that the company is not in any way related to Fox Insurance Company.  The Centers for Medicare & Medicaid Services (CMS) previously announced the termination of a contract with Fox Insurance Company, which was effective on March 9, 2010.  The contract provided services under the Medicare Part D program in 21 states.  The former holding company for Fox Systems, The Affiliated Fox Group, Inc. has sold its interest in Fox Insurance Company to Fox Rx, Inc.  Since then, Fox Systems has played no part in the provision of services under the Medicare Part D program.

 

Top Best Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign up for our Free Stock Newsletter.

 

Fox Systems, a wholly owned subsidiary of Cognosante, is a nationally recognized consulting company that provides information systems and operations services to public and private sector healthcare clients. FOX specializes in consulting services related to large-scale information systems that support state Medicaid programs, Managed Care Organizations, Pharmacy Benefit Managers, and Clearinghouses. Founded in 1987 by Susan J. Fox, PhD., FOX has numerous project locations throughout the country to facilitate completion of major contracts, with more than 25 active projects. Fox Systems is based in Scottsdale, Arizona.

 

Sign up for Top Best Penny Stocks' free newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.

 

Follow us on Twitter: http://www.Twitter.com/topbestps

 

About Us

 

Top Best Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.

 

Please click here to read the full disclaimer.