Selway Capital Acquisition Corporation announces extension to its tender offer

Healthcare Corporation of America (HCCA), formerly Selway Capital Acquisition Corporation, is a pharmacy benefit manager (PBM). HCCA's primary products and services consist of a variety of PBM products, in addition to mail-order pharmacy services. HCCA provides a range of pharmacy benefit management solutions to managed care organizations, self-insured employer groups, unions, third party healthcare plan administrators, and local government entities. HCCA's PBM products include solutions for self-insured entities, such as employers, townships, counties and unions, as well as smaller fully-funded entities that typically require a fixed cost structure. Through HCCA's partner Argus, HCCA operates over 63,000 pharmacies nationwide, representing over 95% of pharmacies in the United States.