MDRX - Tabula Rasa HealthCare Acquires PrescribeWellness For Patient CRM Tech
Quick Take
Tabula Rasa HealthCare (TRHC) announced it has acquired PrescribeWellness for $150 million.
PrescribeWellness provides cloud-based patient relationship management services.
TRHC is gaining a number of pharmacy-centric capabilities with this complementary acquisition at a reasonable price.
Target Company
Irvine, California-based PrescribeWellness was founded in 2010 to ‘inspire collaboration among pharmacies’ and improve patient care through cloud-based relationship management solutions.
Management is headed by CEO Al Babbington, who has been with the firm since 2011, prior to which he served as CEO of OneCommand. He is also on the Member Dean’s Professional