MOORESTOWN, N.J., Nov. 08, 2018 — Tabula Rasa HealthCare, Inc. (NASDAQ: TRHC), a healthcare technology company advancing the field of medication safety, recently completed the acquisition of healthcare technology company, Cognify.
Founded in San Francisco in 1998, Cognify is focused on enabling patient-centered, multidisciplinary, coordinated and integrated care along with financial management for the federal Program of All-inclusive Care for the Elderly (PACE) as well as Managed Long-term Care (MLTC) and medical home providers. Cognify’s expertise enables clients to seamlessly integrate turnkey software solutions for optimal business performance and participant outcomes.
According to TRHC Chairman and CEO, Calvin H. Knowlton, PhD, “The software and services of Cognify will continue to empower PACE organizations and track measurable outcomes in defined timeframes for the frail senior population we serve. Adding Cognify to TRHC amplifies our ability to develop scalable solutions to meet the needs of PACE and other at-risk payers, such as Medicare, Medicaid, and commercial health plans. We are confident our comprehensive, coordinated technology solutions will bring added value to our clients”.
Mace Wolf, formerly CEO of Cognify, will remain with the company and serve as CEO of Cognify-Mediture. Mediture is a leading Electronic Health Record (EHR) software solutions unit of TRHC’s technology and services division CareVention HealthCare.
About Tabula Rasa HealthCare®
Tabula Rasa HealthCare (TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize patient outcomes, lower healthcare costs and improve organizational performance. Medication risk management is TRHC’s lead offering, and its cloud-based software applications provide solutions for a range of payers, providers and other healthcare organizations. For more information, visit TRHC.com. Follow us on Twitter @TabulaRasaHC for up-to-date information.