This is my Original Notes from San Fransico JPMorgan Conf....2 Here are my notes on this from JPMorgan Conf..hmsy Unemployment Play...This is a company that focus on Payment errors in Medicaid by finding people who have OTHER insurance and Medicad paid first. How do they tap this...New Products, get more medicaid lives, new contracts....Enrollment is growing in Medicaid....few of the contracts HMO's...8% grow in Medicaid and they should benefit..they also do data mining for errors, fraud and abuse, Every year they sell new products to the States, VA, etc...with rising unemployment more people into medicaid program, so this company ACTUALLY BENEFITS from high unemployment numbers..lol...With State deficits there will be a strong focus for the States to look for pennies...therefore HMSY makes sense. Electronic medical Records will actually help them cuz they can cut margins...Obama Plans could bring more people into Medicaid or Govt Medical Plans....The states can't really cut Medicaid cuz of the 50% Govt Matching program and a lot of lobbiest that would stop the cuts, also anyone can go to the emerg room....so HMSY makes sense for the States to get in hopes of getting some money from insurance. Obama...requires all children to have coverage, requires employers to over insurance. This Company is over 20 years old and have over 120 contracts and a decade data base that no one else has so they can match it fast and cheap...no competitior can even compete cuz they own this party..small room...3/4 full....guidance...press release today upped guidance...need to get a copy of that. .old notes..the nation's leader in coordination of benefits and program integrity services for government healthcare programs. The company's clients include health and human services programs in more than 40 states, 80 Medicaid managed care plans, the Centers for Medicare and Medicaid Services (CMS), and Veterans Administration facilities. HMS helps ensure that healthcare claims are paid correctly and by the responsible party. As a result of the company's services, government healthcare programs recover over $1 billion annually, and avoid billions of dollars more in erroneous payments

stock is up 15% since Jan....Monday at 1:30..These are my notes from the conf..I have been hitting the rooms all day...most standing room only with Blackberrys going crazy...this company which I find darn interesting...chairs are free and it is a small room....Pharmacy benefit Management PBM..they serve Catalyst, BlueCross, Wallgreen, USA Veterns Affairs, Safeway, Kroger...just signed a 3 year contract with UFCW today...this is a cost containment plan...competitors Express Scripts, Medcohealth, CVS Caremark...they are going for the niche customers...PBM is their biggest strength on drug spend esp generic and speciality drugs. Customers come to them cuz they save money.... .this is a NICE UPTREND company..esp if it can break $23 resistance...no intrest by anyone..Company notes..SXC Health Solutions Corp. is a leading provider of pharmacy benefits management (PBM) services and Health Care Information Technology (HCIT) solutions to the healthcare benefits management industry. The Company's product offerings and solutions combine a wide range of PBM services and software applications, application service provider (ASP) processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as health plans, employers, Federal, provincial, and, state and local governments, pharmacy benefit managers, retail pharmacy chains and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois with 13 locations in the US and Canada

Had a pull back when they reported...but great company..my notes...btw all three of these companies I blogged about and posted these notes in Jan in Jim's and Rev's Reader Comments Blogs at Real Money...heck I featured about 45 companies in those comment blogs that week...9 Osiris...FDA NEWS 1 Hour ago!! The room is almost full...a lot different then for BLUD (which I love).....Very young CEO...he is a phD...he said there was recent news...16 years in Stem Cell Technology....2008 received expanded access approval from FDA for lead indication...TODAY the FDA EXPANDED it!!!!!! Will explain the full room. This Stem Cell Play is focused on Adult Mescenchymal Stem Cell seen in Connective Tissue...(not hematopetic or embro). Mesc Stem Cells are what repairs are damaged connective tissue....it has 3 major...anti inflammatory, Tissue regenaerative, Prevent scarring. These are MSC...kids have a fast regeneration....old adults slow regeneration...this can REVERSE THIS!!!!!!!.....soooooo cool.....pipeline attack Inflation...GvHD pics of a baby which they saved his life in 5 days with this medication...I am starting to love this company...They take an adult donation (1) makes 10.000 doses of final products...product can be stored for 2 years..FDA FAST TRACK PHASE 3...4 drugs...Prochymal (IV human MSC)...drug safety 850 patients, 46 tox package, Safety endpoints met male women. GvHD graft vs Host Disease...they Peel out of their Skin 90% death in patients...severe pictures...explains the Fast Track....EXPANDED ACESS PROGRAM....WOW this drug is Working for these people with no chance of life...Miracle drug....12 children, no hope, 58% Survival rate..Expanded Access Approval....ONE HOUR AGO FDA gave to all GvHD for all age groups.