Tabula Rasa HealthCare Named Best Performing IPO Among Top 50 Digital Health Companies in 2017
December 12 2017 - 03:29PM
Tabula Rasa HealthCare, Inc. (“TRHC”)
(NASDAQ:TRHC), a healthcare technology company advancing the field
of medication safety, was named by Rock Health as the best
performing IPO among digital health companies in 2017.
The Rock Health announcement released December 4 stated: “Tabula
Rasa HealthCare provides at-risk healthcare organizations
technology and services to optimize medication regimens with the
goal of reducing hospitalizations, lowering costs, and mitigating
risk. Tabula Rasa stock is up 140% based on YTD growth, which
is the largest percent increase among public digital health
companies in 2017.”
“It has been a tremendous year for TRHC in many respects,” said
Chairman and CEO Calvin H. Knowlton, PhD. “Our stock has done well,
indicating investors’ confidence in the company, its people, and
its services. We have gained additional partners and expertise with
the acquisition of Medication Therapy Management company
SinfoníaRx. We also have been busy creating and deploying
significant disruptive innovations, such as our recently released
“Medication Risk Score”, a quick and easy way to assess which
patients are at highest risk for adverse drug events (ADEs) and
require medication management attention. We are pleased that these
efforts have been recognized by Rock Health and their
collaborators.”
Each year, Rock Health, Fenwick & West, Goldman Sachs, and
Square 1 Bank award individuals and organizations for their
contribution to the digital health community and healthcare
ecosystem as a whole. Honorees are celebrated for their outstanding
work at a dinner ceremony to be held January 7, 2018 in San
Francisco during the JP Morgan conference.
About Tabula Rasa HealthCare, Inc.
Tabula Rasa HealthCare (NASDAQ:TRHC) is a leader in providing
patient-specific, data-driven technology and solutions that enable
healthcare organizations to optimize medication regimens to improve
patient outcomes, reduce hospitalizations, lower healthcare costs,
and manage risk. Medication risk management is TRHC’s lead
offering, and its cloud-based software applications provide
solutions for a range of payors, providers and other healthcare
organizations.For more information, please visit: www.TRHC.com.
Contact:
Media
Dianne
Semingson
dsemingson@TRHC.comT:
215-870-0829
InvestorsBob East or Asher DewhurstWestwicke
Partners443-213-0500tabularasa@westwicke.com
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