tds prescribewellness

PrescribeWellness presents a highly complementary patient relationship management solution with a national footprint of more than 15,000 community and chain pharmacies. Further, TDSs plans to accelerate product innovation will create solutions to further optimize pharmacy workflows, support real-time clinical interventions and expand patient engagement opportunities to clients. PrescribeWellness presents a highly complementary patient relationship management solution with a national footprint of more than 15,000 community and chain pharmacies. Citigroup Global Markets, Inc. is acting as exclusive financial advisor to TRHC, and Morgan, Lewis & Bockius LLP is serving as legal advisor to TRHC. Its proprietary cloud-based platform empowers pharmacies and other healthcare professionals to provide more effective, preventive health care services, which improve medication adherence, chronic disease management, and population health. Keval Health is acting as financial advisor and Simpson Thatcher & Bartlett LLP is serving as legal advisor to Transaction Data Systems. - Transaction Data Systems (TDS), the leader in pharmacy software solutions has acquired PrescribeWellness from Tabula Rasa HealthCare in a deal worth up to $140M. Factors that might cause such a difference include, but are not limited to: (i) the impacts of the current COVID-19 pandemic and other health epidemics; (ii) the Companys ability to adapt to changes or trends within the market for healthcare in the U.S.; (iii) a significant increase in competition from a variety of companies in the healthcare industry; (iv) developments and changes in laws and regulations, including increased regulation of the healthcare industry through legislative action and revised rules and standards; (v) the extent to which the Company is successful in gaining new long-term relationships with clients or retaining existing clients; (vi) the growth and success of the Companys clients, which is difficult to predict and is subject to factors outside of the Companys control; (vii) the Companys ability to maintain relationships with a specified drug wholesaler; (viii) increasing consolidation in the healthcare industry; (ix) managing the Companys growth effectively; (x) fluctuations in operating results; (xi) the Companys ability to manage its cash flows; (xii) failure or disruption of the Companys information technology and security systems; (xiii) dependence on the Companys senior management and key employees; (xiv) the Companys future indebtedness and the Companys ability to obtain additional financing, reduce expenses, or generate funds when necessary; (xv)macroeconomicconditions, including the impact of inflation, on the Companys business and operations; (xvi) the Companys ability to execute on its planned divestitures of itsSinfonaRxandDoseMebusinesses, the costs associated therewith, and risks related to diverting managements attention from the Companys ongoing business operations; (xvii) risks related to the volatility in the Companys stock price; and (xviii) the risks set forth from time to time inTRHCsfilings with the Securities and Exchange Commission (SEC), including those factors discussed under the caption Risk Factors inTRHCsmost recent annual report on Annual Report on Form 10-K, filed with the SEC onFebruary 25, 2022, and in subsequent reports filed with or furnished to the SEC. At TDS, we are dedicated to providing pharmacists with the tools to address their critical and expanding role in delivering high quality patient care. Tabula Rasa HealthCare (TRHC) (NASDAQ: TRHC) provides medication safety solutions that empower healthcare professionals and consumers to optimize medication regimens, combatting medication overload and reducing adverse drug events the fourth leading cause of death in the US. The transaction is anticipated to close, subject to customary closing conditions and the expiration or termination of regulatory periods, in the third quarter of 2022. oneSignal_options['safari_web_id'] = "web.onesignal.auto.33cdb166-8fda-4ab6-bcd3-b18b9bc1d285"; Questions? Tycene Fritcher serves as the Chief Marketing Officer, responsible for communications, branding, corporate and product messaging. OneSignal.SERVICE_WORKER_UPDATER_PATH = "OneSignalSDKUpdaterWorker.js.php"; PrescribeWellness is a provider of patient relationship management solutions. Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any questions. PrescribeWellness presents a highly complementary patient relationship management solution with a national footprint of more than 15,000 community and chain pharmacies. var oneSignalLinkClickHandler = function(event) { OneSignal.push(['registerForPushNotifications']); event.preventDefault(); }; for(var i = 0; i < oneSignal_elements.length; i++) But opting out of some of these cookies may affect your browsing experience. var advadsCfpAd = function( adID ){ Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. TRHCs proprietary technology solutions, including MedWise, improve patient outcomes, reduce hospitalizations, and lower healthcare costs. Necessary cookies are absolutely essential for the website to function properly. Maryland and Missouri Approve Adult-Use Cannabis, 8 Natural Eczema Treatments | Marks Daily Apple, Sacramento Rolls Out Cannabis Dispensary Video Surveillance Mandate. OneSignal.SERVICE_WORKER_PATH = "OneSignalSDKWorker.js.php"; TRHC's extensive clinical tele-pharmacy network improves care for patients nationwide. Legal | Privacy. Password. documentInitOneSignal(); All Rights Reserved. OneSignal.SERVICE_WORKER_PARAM = { scope: "/" }; TDS plans to add PrescribeWellness to its industry-leading portfolio of clinical applications to support enhanced collaboration among pharmacists, providers, payers and patients. Facebook. TDS will add PrescribeWellness, to its industry-leading portfolio of clinical applications to support enhanced collaboration among pharmacists, providers, payers, and patients. This category only includes cookies that ensures basic functionalities and security features of the website. [Read more: Tabula Rasa HealthCare acquires PrescribeWellness in $150 million deal] TDS will add PrescribeWellness to its industry-leading portfolio of clinical applications to support. OneSignal.init(window._oneSignalInitOptions); PrescribeWellness is a provider of best-in-class patient relationship management solutions. Adding PrescribeWellness to our existing suite of industry-leading PMS and patient-centric solutions will enable our pharmacist customers to engage with patients, ensure access to the right therapies, drive medication adherence, improve outcomes, boost patient loyalty and generate incremental pharmacy revenue, said Jude Dieterman, CEO of Transaction Data Systems. TDS is a leading provider of pharmacy-focused, patient-centric solutions. Its solutions are trusted by health plans and pharmacies to help drive value-based care. Innovaccer Joins the CARIN Alliance to Advance Interoperability, When It Comes to Digital Health, Experience Is Everything, Valera Health Secures $45M to Increase Mental Health Access for High Acuity Patients, Carta Healthcare Secures $20M for AI-Enabled Clinical Data Solutions, JPMorgan Establishes Life Sciences Private Equity Division, 3 Reasons to Implement an IDMP Solution Early, KLAS Credentialing Report Examines Vendors Efficiency, Mount Sinai Develops Employee Health Contact Tracing Database to Mitigate COVID-19 Spread, MedCrypt Raises $25M for Medical Device Cybersecurity Platform, Consumers Prefer Telehealth Over In-Office Visits for Routine Care, Cedar Launches Payer Intelligence Layer to Integrate Payer-Provider Data. MOORESTOWN, N.J., (June 21,2022) - Tabula Rasa HealthCare, Inc.(TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, announced today that it has entered into a definitive agreement to sell its PrescribeWellness business, a provider of best-in-class patient relationship management solutions, to Transaction Data Systems (TDS). This acquisition, our ongoing collaboration with MedWise and TRHC, and our commitment to innovation will secure our pharmacy customers position as primary providers in the evolving nexus of clinical care.. About Tabula Rasa HealthCareTabula Rasa HealthCare (TRHC) (NASDAQ: TRHC) provides medication safety solutions that empower healthcare professionals and consumers to optimize medication regimens, combatting medication overload and reducing adverse drug events the fourth leading cause of death in the US. Published: June 21, 2022 at 10:23 a.m. AppleAdds MedicationTrackingto iPhone. Call 800-605-1962. PrescribeWellness inspires collaboration for better health across America. LTPC is backed by BlackRock, Inc., which manages $264 billion in alternative investments and commitments on behalf of clients worldwide as of March 31, 2021. Adding PrescribeWellness to our existing suite of industry-leading PMS and patient-centric solutions will enable our pharmacist customers to engage with patients, ensure access to the right therapies, drive medication adherence, improve outcomes, boost patient loyalty and generate incremental pharmacy revenue, said Jude Dieterman, CEO of Transaction Data Systems. . TRHCs extensive clinical tele-pharmacy network improves care for patients nationwide. $125 million of the Adding PrescribeWellness to our existing suite of industry-leading PMS and patient-centric solutions will enable our pharmacist customers to engage with patients, ensure access to the right therapies, drive medication adherence, improve outcomes, boost patient loyalty and generate incremental pharmacy revenue, said Jude Dieterman, CEO of Transaction Data Systems. TDS is a leading provider of pharmacy-focused, patient-centric solutions, supporting one of the largest installed bases of pharmacies in the industry with Rx30 and Computer-Rx systems in all 50 states and Puerto Rico. "This strategic acquisition enhances TDS's ability to expand clinical opportunities and adherence programs across the combined pharmacy base, while also increasing clients' ability to generate revenue." Read the full press release: https://loom.ly/YbNuV6Y Not consenting or withdrawing consent, may adversely affect certain features and functions. ET. oneSignal_options['wordpress'] = true; PrescribeWellness is a complementary patient relationship management solution with a national footprint of more than 15,000 community and chain pharmacies. Through our planned asset divestitures, we are creating a more focused business that is better positioned to capture the significant opportunities ahead in the PACE and broader value-based care market, unlocking long-term value for all TRHC stockholders.. The companies also announced a strategic partnership to offer TRHCs proprietary MedWise Science, an accumulative, simultaneous, multi-drug analysis tool that identifies medication-related risk, into TDSs pharmacy management systems upon the consummation of the transaction. This innovative technology-enabled medication optimization solution identifies the cause of medication-related problems, including adverse drug events, with the goal of improving patients health and well-being while reducing avoidable healthcare costs. This acquisition, our ongoing collaboration with MedWise and TRHC, and our commitment to innovation will secure our pharmacy customers position as primary providers in the evolving nexus of clinical care.. PrescribeWellness business to Transaction Data Systems, Inc. PrescribeWellness has a complementary patient relationship management solution with a national footprint of community and chain pharmacies. Privacy Policy |, Innovaccer Joins the CARIN Alliance to Advance Interoperability, Analysis: Is Oracle Cerner Planning to Build A National EHR? For additional information on BlackRock, please visit www.blackrock.com/corporate. Legal Name Prescribe Wellness LLC. oneSignal_options['notifyButton'] = { }; TRHC's proprietary technology solutions, including MedWise Science, improve patient outcomes, reduce hospitalizations, and lower healthcare costs. PrescribeWellness presents a highly complementary patient relationship management solution with a national footprint of more than 15,000 community and chain pharmacies. Sign in Forgot Password. About Transaction Data SystemsFor over 40 years,TDShas beendedicated to the success of the pharmacy market and pharmacy supply chain. We anticipate that this divestiture, coupled with our strategic partnership, will position TRHC for accelerated growth and increased stockholder value., The transaction is anticipated to close, subject to customary cl, Transaction Data Systems Releases Alternative to Prescription Savings Cards With New In-App Drug Pricing Solution for Rx30 and WinRx, Embedded within Transaction Data Systems pharmacy solutions, RxCashAssist provides pharmacists and patients the best available cash price, Transaction Data Systems Completes Acquisition of PrescribeWellness, Company Expands Reach and Patient Access in the Pharmacy Market. Check your transactions, Star Ratings, calls, and other statistics from your Pharmacy Management . PrescribeWellness is a cloud-based patient relationship management solution company that inspires collaboration between pharmacies, payers, providers, pharmaceu Read More Phone Number: (949) 313-7615 Website: www.prescribewellness.com Revenue: $22 Million PrescribeWellness's Social Media Is this data correct? Citigroup Global Markets, Inc. is acting as exclusive financial advisor to TRHC, and Morgan, Lewis & Bockius LLP is serving as legal advisor to TRHC. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. } TDS is a provider of pharmacy-focused, patient-centric solutions. PrescribeWellness is thrilled to join Transaction Data Systems (TDS)! oneSignal_options['notifyButton']['position'] = 'bottom-right'; We work hard and cater our best attributes to deliver valued content for readers all around the world. PrescribeWellness has a complementary patient relationship management solution with a national footprint of community and chain pharmacies. It is mandatory to procure user consent prior to running these cookies on your website. PrescribeWellness presents a highly complementary patient relationship management solution with a national footprint of more than 15,000 community and chain pharmacies. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. }; window.OneSignal = window.OneSignal || []; Company Type For Profit. Its solutions are trusted by health plans and pharmacies to help drive value-based care. TDS will add PrescribeWellness, to its industry-leading portfolio of clinical applications to support enhanced collaboration among pharmacists, providers, payers, and patients. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. By connecting the dots between providers, patients, and health plans, TDS provides crucial information that benefits the complete continuum of care. If you live in North Carolina, please call 833-845-0054. Transaction Data Systems (TDS), the leader in pharmacy software solutions has acquired PrescribeWellness from Tabula Rasa HealthCare in a deal worth up to $ 140M. These statements relate to, without limitation, the Companys future plans, objectives, expectations, intentions, the benefits of thePrescribeWellnesssale and divestitures of certain businesses ofTRHC, and financial performance and the assumptions that underlie these statements. PrescribeWellness is a provider of best-in-class patient relationship management solutions.

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