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CareKinesis, a subsidiary of Tabula Rasa HealthCare, Signs New PACE Client in Arkansas
CareKinesis will serve as its medication safety partner. In addition, Cognify and Capstone Performance Systems, also subsidiaries of TRHC, will provide integrated electronic health record solutions and health plan management services, respectively. The three TRHC companies also collaborate with each of the other PACE organizations in
PACE, the acronym for Program of All-Inclusive Care for the Elderly, is a
CareKinesis will provide its Medication Risk Mitigation, e-prescribing technology platform, and pharmacy services to the new partner. Multi-drug interaction-informed adherence packaging will be used to help avoid preventable adverse drug events, the 4th leading cause of death in the U.S. among older adults, according to the
“We are focused on supporting the comprehensive needs of PACE organizations in
PACE organizations nationwide rely on CareKinesis technology, science, and pharmacists who are board-certified in geriatrics, to improve medication outcomes and adherence and to reduce participant hospitalizations.
CareKinesis partners with healthcare organizations to provide personalized medication therapy management and pharmacy services for high-risk populations. The results are enhanced medication-related outcomes and greater operational efficiency. CareKinesis delivers individually customized medication services using unique robotic technology and a proprietary web-based electronic medication management and reporting platform, EireneRx™. It is the first, national PACE-specific pharmacy and the market leader. For more information, please visit www.carekinesis.com.
This press release includes forward-looking statements that we believe to be reasonable as of today’s date, including statements regarding Medication Risk Mitigation technology. Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” and similar expressions. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release. Actual results might differ materially from those explicit or implicit 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 related to changing healthcare and other applicable regulations; increasing consolidation in the healthcare industry; managing our growth effectively; our ability to adequately protect our intellectual property; and the other risk factors set forth from time to time in our filings with the SEC, including those factors discussed under the caption “Risk Factors” in our most recent annual report on Form 10-K, filed with the
Source: Tabula Rasa HealthCare, Inc.