MOORESTOWN, NJ, June 14, 2021 / PRNewswire / – Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a healthcare technology leader advancing the safe use of medicines, today posted record organic growth in CareKinesis pharmacy services for All’s program -Inclusive supply for. known the elder (PACE).
June 2021 was the best month in the company’s history for PACE additions with 7% organic year-over-year growth for CareKinesis Pharmacy Services. TRHC further accelerated its PACE registration in the first half of 2021, with the second quarter marking a record for net enrollment roughly ten times higher than the first quarter of this year.
In addition to recently passed and proposed federal laws focusing on home and community-based services that are likely to have a positive impact on the PACE program, there are states like California and Florida are also taking legislative action to improve access to PACE. For fiscal year 2021, the Florida General Appropriations Act (GAA) has more than $ 73 million Supports up to 3,400 PACE participants, a 50% increase over current enrollment in the state.
About Tabula Rasa HealthCare
Tabula Rasa HealthCare (TRHC) provides drug safety solutions that enable healthcare professionals and consumers to optimize medication regimens, combat drug overdose, and reduce adverse drug events – the fourth leading cause of death in the United States. TRHC’s proprietary technology solutions, including EireneRx® and MedWise®, improve patient outcomes, reduce hospital stays and lower healthcare costs. TRHC’s extensive clinical telepharmacy network improves patient care across the country. Health insurance companies and pharmacies rely on his solutions to promote value-based care. Please visit TRHC.com for more information.
Forward-Looking Statements
This press release contains forward-looking statements that we believe appropriate as of today, including statements about drug risk reduction technology. Such statements are identified by the use of the words “anticipated,” “believes,” “estimates,” “expects,” “intends,” “planet,” “forecast,” “projected,” “should” and similar expressions. These forward-looking statements are based on management’s expectations and beliefs as of the date of this press release. Actual results could differ materially from those that are explicitly or implicitly contained in the forward-looking statements. Important factors that could cause actual results to differ materially include: the need to innovate and provide useful products and services; Risks associated with changing health and other applicable regulations; increasing consolidation in the healthcare industry; effectively manage our growth; our ability to adequately protect our intellectual property; and the other risk factors that are listed from time to time in our filings with the SEC, including those discussed under the heading “Risk Factors” in our most recent Annual Report on Form 10-K filed with the SEC February 26, 2021, and subsequent reports filed with or submitted to the SEC, copies of which are available free of charge from the Investor Relations area of the TRHC website ir.trhc.com or upon request from our Investor Relations department. Any forward-looking statement speaks only as of the date on which it was made. TRHC assumes no obligation and does not intend to update these forward-looking statements unless required by law to reflect events or circumstances that occur after today.
SOURCE Tabula Rasa HealthCare, Inc.
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http://www.tabularasahealthcare.com
source https://dailyhealthynews.ca/tabula-rasa-healthcare-reports-continued-pace-momentum/
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