Provider-focused health IT company Tabula Rasa HealthCare is planning an initial public offering worth as much as $115 million. The Moorestown, New Jersey-based entity disclosed this in a registration statement filed Monday with the U.S. Securities and Exchange Commission.
Tabula Rasa provides technology and IT services for medication risk management, with the goals of reducing hospitalizations, improving patient outcomes and saving money. Tabula Rasa’s properties include medication management and distribution pharmacy CareKinesis.
The company targets healthcare organizations in risk-based reimbursement environments; it claims to be the “market leader” in medication management for the federal Program of All-Inclusive Care for the Elderly (PACE) under Medicare and Medicaid. For the full article click here
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