MOORESTOWN, N.J., Sept. 22, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, announced today a newly signed agreement with Neighborhood Healthcare, a regional Federally Qualified Health Center (FQHC) providing a wide range of medical, dental, and behavioral health services.
The non-profit organization deployed TRHC's CareKinesis and Pharmastar Pharmacy Benefit Manager (PBM) services in its Program of All-Inclusive Care for the Elderly (PACE®) facility in Riverside, CA., that opened July 1.
"As a new PACE center, we place medication safety as a top priority," said Sophia Rodrigues, Executive Director of Neighborhood Healthcare PACE. "TRHC's deep experience with PACE and the unique benefits of its CareKinesis and Pharmastar solutions align perfectly with our work to provide seniors with tailored medical care."
CareKinesis is the first national PACE-centric medication management and distribution pharmacy that reduces medication-related risk while enhancing economic, clinical, and humanistic outcomes. Along with Pharmastar's full-service pharmacy benefits management solution, these offerings will provide Neighborhood Healthcare with PACE-specific 340B pharmacy expertise.
"We are thrilled to assist Neighborhood Healthcare's PACE facility," said TRHC Co-Founder and President, Orsula V. Knowlton, PharmD, MBA. "Our engagement will help support its continued growth in serving seniors throughout Southern California."
"We're pleased to implement TRHC's solutions in our PACE offerings," added Rakesh Patel, MD, MBA, FAAFP, CPE, CEO of Neighborhood Healthcare. "TRHC's PACE and pharmacy expertise underscores our mission to improve the health and happiness of the communities we serve by providing quality care to all, regardless of situation or circumstance."
