ExactCare and Tabula Rasa HealthCare Business Combination Closes, Creating a Leading, Independent Value-Based Pharmacy Management Company for Patients with the Most Complex Needs

Grand News Network | November 6, 2023

CLEVELAND, Nov. 06, 2023 (GLOBE NEWSWIRE) -- ExactCare®, a national provider of medication management and comprehensive long-term pharmacy services and a Nautic Partners portfolio company, today announced that the acquisition of Tabula Rasa HealthCare, Inc.®, a leading healthcare company advancing personalized, comprehensive care for value-based care organizations, is complete.

ExactCare and Tabula Rasa are creating a leading, independent pharmacy care management company that specializes in caring for the most at-risk patient populations in the healthcare system—helping them to live healthier and thrive in both home- and community-based settings. Together, the two organizations care for over 100,000 beneficiaries served by the Program of All-Inclusive Care for the Elderly (PACE), Medicare, Medicaid and Dual-eligible plans.

"This transaction brings together two of the leading healthcare companies that have pioneered the integration of comprehensive pharmacy services in population health and transformed pharmacy care management into a proven driver of enhanced clinical outcomes, better overall patient health, and lower total cost of care," said John Figueroa, who previously served as Executive Chairman of ExactCare and is now the Chairman and Chief Executive Officer of the combined company. "This shared focus on optimizing patient care and driving favorable healthcare outcomes will enable ExactCare and Tabula Rasa to significantly expand our impact for patients, partners and the broader healthcare industry."

ExactCare and Tabula Rasa have nearly ...

Full story available on Benzinga.com


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