Tabula Rasa Healthcare

Tabula Rasa Healthcare, Inc. is a healthcare technology company, which engages in the development of solutions designed for pharmacists, providers, and patients to optimize medication regimens. It operates through the following segments: CareVention HealthCare and MedWise HealthCare. The CareVention HealthCare segment provides services, PACE, which is a center for Medicare & Medicaid services, or CMS, sponsored program providing medical and social services. Its brands include CareKinesis, Capstone Risk Adjustment Services, PACElogic, TruChart, PeakTPA, PersonifilRx, and Pharmastar. The MedWise HealthCare segment provides Medication Therapy Management, or MTM, software and services for Medicare, Medicaid, and commercial health plans, and also provides a cloud-based patient engagement software and services. It offers cloud-based software and clinical pharmacist services through its brands, including MedWise, SinfoníaRx, RxCompanion, PrescribeWellness, and DoseMeRx. The company was founded by Calvin H. Knowlton, Orsula V. Knowlton, and Michael Greenhalgh in April 2009 and is headquartered in Moorestown, NJ.

Earnings data Q4 2019

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Tabula Rasa HealthCare reports robust Q4 growth and strategic investments

Tabula Rasa HealthCare's Q4 2022 performance reflects strong revenue growth and strategic initiatives to enhance profitability.
While facing challenges in technology-enabled solutions revenue and execution risks, the company is well-positioned for growth.
Opportunities in automation investments and MedWise platform expansion offer avenues for sustained revenue growth and market impact.

Tabula Rasa HealthCare (TRHC) excels in Q1 2023 earnings, eyes expansion

Tabula Rasa HealthCare (TRHC) delivered strong financial performance in Q1 2023, driven by revenue growth, profitability focus, and strategic initiatives.
The company faces challenges from drug price inflation and contract turnover impact but is well-positioned for future expansion and market penetration.
TRHC's emphasis on customer-centric strategies, PACE program growth, and efficient resource management sets the stage for continued success and revenue growth.

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Tabula Rasa provides state-of-the-art medication management through a combination of technology, science and services that reduces costs, improves the quality of care and decreases the risks associated with ineffective medication plans.

MOORESTOWN, N.J., Dec. 1, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, hosted its 2021 CareVention HealthCare Advisory Summit for Program of All-Inclusive Care for the Elderly (PACE) Executives in Orlando, Florida, providing a forum for discussion on important PACE developments.

PACE Executives Summit Highlights Opportunity for Market Growth and Trends in Participant Care

MOORESTOWN, N.J., Nov. 29, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, will participate in the Piper Sandler 33rd Annual Virtual Healthcare Conference.

Tabula Rasa HealthCare to Participate in Piper Sandler 33rd Annual Virtual Healthcare Conference

MOORESTOWN, N.J., Nov. 15, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc. (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced a five-year contract renewal with Rocky Mountain PACE (RMP), a Program of All-Inclusive Care for the Elderly (PACE) sponsored by Rocky Mountain Health Care Services of Colorado serving more than 800 participants in Colorado Springs.

Tabula Rasa HealthCare Announces Five-Year Contract Extension with Rocky Mountain PACE

MOORESTOWN, N.J., Nov. 8, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, has announced important organizational changes that will enhance TRHC's corporate structure and reinforce strategic growth initiatives, with a focus on the Company's MedWise solutions.

Tabula Rasa HealthCare Makes Key Organizational Changes as Part of Strategic Growth Plans

Tabula Rasa HealthCare, Inc.'s (TRHC) CEO Calvin Knowlton on Q3 2021 Results - Earnings Call Transcript

MOORESTOWN, N.J., Nov. 4, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc. ("TRHC") (Nasdaq: TRHC), a leading healthcare technology company advancing the safe use of medications, today reported financial results for the third quarter ended September 30, 2021.

Tabula Rasa HealthCare Reports Third Quarter 2021 Results

MOORESTOWN, N.J., Nov. 2, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced a partnership with TrackMy® Solutions Inc. to provide opt-in and secure, verified vaccine status information for its TrackMy VeriVax vaccine verification management service.

Tabula Rasa Partners with TrackMy Solutions on Robust Vaccine Verification Management System

Tabula Rasa Healthcare (TRHC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Tabula Rasa Healthcare (TRHC) Reports Next Week: Wall Street Expects Earnings Growth

MOORESTOWN, N.J., Oct. 27, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, announced today a three-year contract renewal with PACE of the Triad for TRHC's CareKinesis medication risk mitigation and pharmacy services.

PACE of the Triad Extends Contract with Tabula Rasa HealthCare for Medication Risk Mitigation and Pharmacy Services

MOORESTOWN, N.J., Oct. 21, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc. (NASDAQ:TRHC), will hold a conference call and webcast to discuss its third quarter 2021 operating results  Friday, November 5, 2021 at 8:30 a.m.

Tabula Rasa HealthCare Schedules Third Quarter 2021 Earnings Conference Call

MOORESTOWN, N.J., Oct. 18, 2021 /PRNewswire/ --  Tabula Rasa HealthCare, Inc.® (TRHC)  (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced that it signed a Letter of Intent with the Pharmaceutical Association of Israel (PAI) to promote TRHC's propriety MedWise® Science among pharmacists in community, hospital, and academic settings in Israel and the Palestinian Authority.

Tabula Rasa HealthCare to Partner with Pharmaceutical Association of Israel To Promote MedWise® Science

MOORESTOWN, N.J., Oct. 13, 2021 /PRNewswire/ -- CareVention HealthCare, a division of Tabula Rasa HealthCare, Inc. (TRHC) (NASDAQ: TRHC), today announced a partnership with National Adult Day Services Association (NADSA) to help support NADSA's mission to advance the development, recognition, and use of adult day services nationwide.

CareVention HealthCare Announces New Partnership with National Adult Day Services Association (NADSA)

MOORESTOWN, N.J., Oct. 12, 2021 /PRNewswire/ --  Tabula Rasa HealthCare, Inc.® (TRHC)  (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, announced today its acceptance to the World Pharmacy Council as an affiliate member, emphasizing TRHC's commitment to serving community pharmacists.

Tabula Rasa HealthCare Voted into World Pharmacy Council

MOORESTOWN, N.J., Oct. 7, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC)  (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, will announce at the ASCP's Annual meeting November 4-7, 2021 in San Diego, CA findings of a MedWise® ASCP member-tested demonstration which showed that implementing MedWise clinical decision support tools can decrease the risk of adverse drug events in the long-term-care population.

Tabula Rasa HealthCare Inks Deal with ASCP to offer MedWise® to Consultant Care Pharmacists

MOORESTOWN, N.J., Oct. 1, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, announced today that in the 2nd and 3rd quarters of 2021, TRHC had 11 new PACE (Program of All-Inclusive Care for the Elderly) organizations start.

TRHC Continues to Experience PACE Growth

MOORESTOWN, N.J., Sept. 27, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced it will host a conference call and webcast to discuss its recently published, peer-reviewed three-part series, Innovative Enhanced Medication Therapy Management Model: Medication Risk Score, Medication Safety Review, and Health Care Outcomes, in the September issue of The American Journal of Managed Care.

Tabula Rasa HealthCare to Host Call to Discuss AJMC Publications

MOORESTOWN, N.J., Sept. 22, 2021 /PRNewswire/ --  Tabula Rasa HealthCare, Inc.

Neighborhood Healthcare Selects Tabula Rasa Healthcare for PACE-Centered Pharmacy Solutions

MOORESTOWN, N.J., Sept. 21, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, was named a Champion of Board Diversity by The Forum of Executive Women (Forum).

Tabula Rasa HealthCare Named a 2021 Champion of Board Diversity

MOORESTOWN, N.J., Sept. 16, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced the results of a three-part clinical study that further demonstrates the strong associations between a high MedWise Risk Score™ and poor health outcomes.

New Studies Prove Direct Link Between MedWise® and Better Health Outcomes Including Reduced Healthcare Costs

MOORESTOWN, N.J., Sept. 13, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), hosted its 16th CareKinesis Clinical Advisory Panel (CAP) Meeting, September 9-10, 2021, bringing together Program of All-Inclusive Care for the Elderly (PACE) medical directors from across the country.

TRHC Hosts PACE Medical Directors at 2021 Clinical Advisory Panel Meeting

MOORESTOWN, N.J., Aug. 30, 2021 /PRNewswire/ -- CareVention HealthCare, a division of Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), today announced a new shared partnership agreement with the PACE Association of Michigan (PAM).

CareVention HealthCare Inks Shared Service Deal with PACE Association of Michigan

MOORESTOWN, N.J., Aug. 25, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc. ®  (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, and Hesperos Inc., pioneers of Human-on-a-Chip ® in vitro systems, have been awarded $1.9 million in funding from the National Institutes of Health (NIH) to investigate drug-induced dementia and develop new models that will drive Alzheimer's research.

Tabula Rasa and Hesperos Receive $1.9M National Institutes of Health Award for Research Focused on Preventable Drug-Induced Alzheimer's Disease

MOORESTOWN, N.J., Aug. 19, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced a new initiative with Drake University and Certintell to drive improved health outcomes and demonstrate the value of combining remote patient monitoring (RPM) and comprehensive medication management, including MedWise® Medication Safety Reviews (MSRs) throughout rural Iowa.

TRHC and Drake University Partner to Demonstrate Value of Pairing Remote Patient Monitoring and MedWise® to Enhance Health Care in Rural Areas via Telehealth

MOORESTOWN, N.J., Aug. 17, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, announced several new agreements to bolster traditional Medication Therapy Management (MTM) programs with TRHC's MedWise® technology.

Tabula Rasa HealthCare Expands MedWise® Technology Offerings to Key Markets

MOORESTOWN, N.J., Aug. 12, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced an expanded partnership with eHealth, Inc., a licensed online health insurance marketplace with more than 200 carrier relationships, to offer a complementary Medicare Plan Review module to all PrescribeWellness client pharmacies throughout the country.

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