Profile: Tabula Rasa HealthCare Inc (TRHC.A)
14 Jun 2019
Tabula Rasa HealthCare, Inc. (Tabula Rasa), formerly CareKinesis, Inc., is a provider of patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations and manage risk. The Company delivers its solutions through a suite of technology-enabled products and services for medication risk management, which includes bundled prescription fulfillment and adherence packaging services for client populations with complex prescription needs. It also provides risk adjustment services, which help its clients to properly characterize a patient's acuity, or severity of health condition, and optimize the associated payments for care. The Company serves approximately 100 healthcare organizations that focus on populations with complex healthcare needs and extensive medication requirements.
The Company's suite of cloud-based software solutions provides prescribers, pharmacists and healthcare organizations with sophisticated and innovative tools to better manage the medication-related needs of patients. The Company's medication risk management technology helps healthcare organizations lower costs by reducing adverse drug events (ADEs), improving and avoiding preventable hospital admissions. The Company's products and services are built around the Medication Risk Mitigation Matrix (MRM Matrix), which enables optimization of a patient's medication regimen, involving personalizing medication selection, dosage levels, time-of-day administration and reducing the total medication burden by eliminating unnecessary prescriptions. The MRM Matrix analyzes a combination of clinical and pharmacology data, population-based algorithms and patient-specific data, including medical history, lab results, medication lists and individual medication-related genomic information, to deliver precision medicine.
The Company provides software-enabled solutions that can be bundled with prescription fulfillment and adherence packaging services, which are informed by a patient's personalized MRM Matrix to increase adherence to a patient's optimized regimen, through its approximately three prescription fulfillment pharmacies serving clients across the United States. The Company's team of clinical pharmacists is available to support prescribers at the point of care through its technology platform, including real-time secure messaging, with over 100,000 messages exchanged per month. The Company's subsidiaries include Capstone Performance Systems, LLC, CareKinesis, Inc., J.A. Robertson, Inc. and Medliance LLC.
Tabula Rasa HealthCare Inc
228 Strawbridge Dr Ste 100
MOORESTOWN NJ 08057-4600