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Tabula Rasa HealthCare Continues Growth Trajectory by Expanding Integrated Services in PACE
“While these are new customer relationships for Peak, they represent the expansion of existing relationships for TRHC and a strong signal that cross selling has accelerated as a result of the launch of
As a subsidiary of TRHC, Peak supports all aspects of PACE health plan management. With decades of experience in PACE, Peak provides these organizations with comprehensive services that would otherwise be cost prohibitive. Using Peak helps PACE plans avoid the common challenges of staff turnover and meet new State and Federal reporting requirements. Peak team members are highly trained to provide timely claims processing and payment, accurate data submissions, new member enrollment, provider support, accounts receivable reconciliation and management,
Advantages of using Peak services include improved pricing accuracy, use of national claims clearinghouses, data submission to CMS, discrepancy reconciliation, provider call center, annual 1099 issuance and meeting CMS’s newest requirements for precluded providers. Direct integration with TRHC’s market-leading electronic health records platforms, Cognify and Mediture, is also available.
PACE is a federal program benefiting individuals 55 and older who are nursing home eligible. PACE includes 240 centers in 31 states serving a growing number of eligible
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
T: (215) 870-0829
Bob East or Asher Dewhurst
T: (443) 213-0500
Source: Tabula Rasa HealthCare, Inc.