{"id":46792,"date":"2022-08-01T15:01:49","date_gmt":"2022-08-01T13:01:49","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/transaction-data-systems-completes-acquisition-of-prescribewellness\/"},"modified":"2022-08-01T15:01:49","modified_gmt":"2022-08-01T13:01:49","slug":"transaction-data-systems-completes-acquisition-of-prescribewellness","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/transaction-data-systems-completes-acquisition-of-prescribewellness\/","title":{"rendered":"Transaction Data Systems Completes Acquisition of PrescribeWellness"},"content":{"rendered":"
\n

\nCompany Expands Reach and Patient Access in the Pharmacy Market<\/i>\n<\/p>\n

<\/a><\/p>\n

ORLANDO, Fla.–(BUSINESS WIRE)–Transaction Data Systems<\/a><\/b> <\/b>(TDS), the leader in pharmacy software solutions, today announced the successful completion of its acquisition of PrescribeWellness<\/a><\/b> from Tabula Rasa HealthCare, Inc.\u00ae<\/sup> (TRHC)<\/a><\/b>. <\/b>PrescribeWellness is a market-leading patient relationship management company with a proven track record of facilitating patient, payor, provider, and pharmaceutical company engagement for more than 15,000 pharmacies in the U.S., Canada, and Puerto Rico.\n<\/p>\n

\n\u201cIndependent pharmacists are highly-trusted members of the care community and must be equipped with two-way communication tools enabling them to engage with and retain their patients effectively,\u201d said Jude Dieterman, CEO of TDS. \u201cA combination of patient communications and prioritized patient engagement tools are needed to facilitate a path to clinical and adherence services, which will now be advanced by PrescribeWellness\u2019s vaccination and medication synchronization solutions.\u201d\n<\/p>\n

\nThis strategic acquisition enhances TDS\u2019s ability to expand clinical opportunities and adherence programs across the combined pharmacy base, while also increasing clients\u2019 ability to generate revenue. It also expands the company\u2019s reach and advances its shared product portfolio throughout the pharmacy market. The open communication pathway between pharmacist and patient creates a pipeline for sponsored adherence communications from payors and pharma while bringing additional revenue streams to client pharmacies.\n<\/p>\n

\n\u201cWe are excited to leverage the pharmacy network that TDS has built for this new chapter in PrescribeWellness\u2019s evolution,\u201d said Farah Madhat, PharmD, MA, Chief Product Officer at PrescribeWellness. \u201cAs we join the excellent team at TDS, we believe this merger will further strengthen our ability to expand and enhance both adherence and clinical performance for today\u2019s community pharmacy.\u201d\n<\/p>\n

\nAbout Transaction Data Systems<\/b>\n<\/p>\n

\nFor over 40 years, TDS has been dedicated to the success of the pharmacy market and pharmacy supply chain. With its portfolio of products and services including Rx30, Computer-Rx, KloudScript, Pharm Assess, and Enhanced Medication Services, TDS provides innovative technology solutions and pharmacy management systems to the pharmacy industry. We proudly support one of the largest install bases of pharmacies in the industry with systems in all 50 states and the Virgin Islands. TDS is the leading provider of pharmacy-focused, patient-centric solutions. For more information, please visit transactiondatasystems.com<\/a>.\n<\/p>\n

\nAbout Tabula Rasa HealthCare<\/b>\n<\/p>\n

\nTabula Rasa HealthCare (TRHC)<\/a> (NASDAQ: TRHC) provides medication safety solutions that empower healthcare professionals and consumers to optimize medication regimens, combatting medication overload and reducing adverse drug events \u2013 the fourth leading cause of death in the US. TRHC\u2019s proprietary technology solutions, including MedWise\u00ae<\/sup>, improve patient outcomes, reduce hospitalizations, and lower healthcare costs. TRHC\u2019s extensive clinical tele-pharmacy network improves care for patients nationwide. Its solutions are trusted by health plans and pharmacies to help drive value-based care. For more information, visit TRHC.com<\/a>.\n<\/p>\n

Contacts<\/b> <\/p>\n

\nTRHC Media Contact<\/b>
Anthony Mirenda
\n
amirenda@trhc.com<\/a>
908-380-2143\n<\/p>\n

\nTransaction Data Systems<\/b>
Tycene Fritcher
\n
tfritcher@tdsclinical.com<\/a>
813-786-1136<\/p>\n

TRHC Investors
\n
<\/b>Frank Sparacino
\n
fsparacino@trhc.com<\/a>
866.648.2767\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Company Expands Reach and Patient Access in the Pharmacy Market ORLANDO, Fla.–(BUSINESS WIRE)–Transaction Data Systems (TDS), the leader in pharmacy software solutions, today announced the successful completion of its acquisition of PrescribeWellness from Tabula Rasa HealthCare, Inc.\u00ae (TRHC). PrescribeWellness is a market-leading patient relationship management company with a proven track record of facilitating patient, payor, … [Read more…]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-46792","6":"format-standard","7":"category-industry"},"yoast_head":"\nTransaction Data Systems Completes Acquisition of PrescribeWellness - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/transaction-data-systems-completes-acquisition-of-prescribewellness\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transaction Data Systems Completes Acquisition of PrescribeWellness - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"Company Expands Reach and Patient Access in the Pharmacy Market ORLANDO, Fla.–(BUSINESS WIRE)–Transaction Data Systems (TDS), the leader in pharmacy software solutions, today announced the successful completion of its acquisition of PrescribeWellness from Tabula Rasa HealthCare, Inc.\u00ae (TRHC). PrescribeWellness is a market-leading patient relationship management company with a proven track record of facilitating patient, payor, ... 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