Navigation Links
PipelineRx Completes Acquisition of Healthcare Connectivity Solutions Company Evolute Consolidated Holdings
Date:2/19/2013

SAN FRANCISCO, Feb. 19, 2013 /PRNewswire/ -- PipelineRx, a leading medication management services company focused on clinical telepharmacy, announces the closing of its acquisition of Evolute Consolidated Holdings ("Evolute"), an IT integration services portfolio company of Aequitas Capital.  Financial terms of the transaction are not being released.

(Logo: http://photos.prnewswire.com/prnh/20121130/SF21549LOGO)

Evolute, based in Denver, Colorado, develops and integrates healthcare connectivity solutions that help hospitals and their patient care providers more effectively communicate with each other and with external clinical services, health plan and product partners. Evolute's workflow and automation IT solutions reduce hospital costs by integrating and consolidating processes, reducing errors and making hospital organizations more effective in their day-to-day activities.

PipelineRx has quickly grown into a leading telepharmacy services company recognized for its clinical pharmacy expertise and high quality service. With meaningful use, PipelineRx's ability to interoperate with a hospital client's native CPOE capabilities is coming into sharper focus.

"Hospitals are facing an increasing complex set of dynamics centered upon enabling cost-effective interoperability inside their own organizations and also meeting the increasingly difficult mandates of achieving meaningful use in an emerging Accountable Care environment," states Bruce Keller , CEO of PipelineRx.

"To better serve our clients, we quickly realized that simply adding more clinical telepharmacists was only one way to achieve scale. Rather, the long-term investment is to improve the tools and processes to enable our clinical staff to become more efficient and allow them to focus on our core value proposition – improving patient care. Evolute's IT connectivity solutions and expertise in developing healthcare workflow solutions are perfectly aligned with PipelineRx's vision to capitalize on these market trends," comments Bruce Keller .

"We are enthusiastic about this strategic combination - it further enables Evolute to grow and expand as a direct result of the combined Company's synergies, existing customer relationships and continued technology leadership," states Robert Jenesik, CEO of Aequitas Capital. As part of the terms of the Evolute acquisition, Craig Froude , CEO of CarePayment and an Aequitas Capital Partner will be joining PipelineRx's board of directors.

The Evolute technology staff have become PipelineRx employees. Eric Carter , Evolute's CTO, will continue in his current role and also serve as PipelineRx's CTO and a key member of the combined Company's executive management leadership.

About PipelineRx:

PipelineRx delivers a suite of remote medication management services focused on clinical telepharmacy to acute care hospitals across the US. With a team of experienced, hospital-trained, licensed clinical telepharmacists, PipelineRx provides clinical pharmacy coverage on a 24/7-basis enabling its hospital clients to extend their clinical pharmacy operations while improving patient care, medication safety and economic performance. Within the continuum of patient care, PipelineRx provides cost-effective clinical solutions for antibiotic stewardship, patient discharge planning, post-discharge tracking of CHF/COPD/CAD and patients using chronic therapeutic products such as Warfarin. PipelineRx is privately held and is headquartered in San Francisco, California. For further information about the company, please visit www.pipelinerx.com.


'/>"/>
SOURCE PipelineRx
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. HeartWare Completes Enrollment In 450-Patient Pivotal Destination Therapy Clinical Trial
2. Novelos Therapeutics Successfully Completes First Cohort In Phase 1b Solid Tumor Trial With I-131-CLR1404 (HOT) Cancer-Targeted Molecular Radiotherapeutic
3. NuMe Health Completes $1.5 Million Series A Financing To Advance Its First Cobiotic™ Aimed At Helping Prediabetics Maintain Healthy Blood Glucose Levels
4. CryoLife Completes Acquisition of Hemosphere
5. Bausch + Lomb Completes the Acquisition of ISTA Pharmaceuticals
6. Savara Pharmaceuticals Completes Phase I Clinical Study of AeroVanc in Cystic Fibrosis Patients
7. Jazz Pharmaceuticals Completes EUSA Pharma Acquisition
8. Amgen Completes Acquisition of Mustafa Nevzat Pharmaceuticals
9. Ablative Solutions Completes $5.3M Series A Financing
10. Quantum OPS Completes $1.05M In Series A Financing To Advance Surgical Devices
11. Spine Pain Management, Inc. Completes $500,000 Private Placement
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... DUBLIN , June 24, 2016 ... "The World Market for Companion Diagnostic Tests" report to ... World Market for Companion Diagnostics The World ... diagnostic and personalized medicine diagnostics. Market analysis in the report ... Diagnostics Test Market (In Vitro Diagnostic Kits) by Region (N. ...
(Date:6/24/2016)... , June 24, 2016  Arkis BioSciences, a ... invasive and more durable cerebrospinal fluid treatments, today ... The Series-A funding is led by Innova Memphis, ... and other private investors.  Arkis, new financing will ... and the market release of its in-licensed Endexo® ...
(Date:6/23/2016)... -- Research and Markets has announced the ... (Organic Chemical (Sugar, Petrochemical, Glycerin), Inorganic Chemical), Functionality (Filler, ... Global Forecast to 2021" report to their offering. ... pharmaceutical excipients market is projected to reach USD 8.1 ... the forecast period 2016 to 2021. ...
Breaking Medicine Technology:
(Date:6/27/2016)... ... June 27, 2016 , ... TherapySites, ... today its affiliation with Tennessee Counseling Association. This new relationship allows ... the Tennessee Counseling Association, adding exclusive benefits and promotional offers. , "TCA is ...
(Date:6/26/2016)... ... June 27, 2016 , ... Quality metrics are proliferating in cancer care, ... remain in the eye of the beholder, according to experts who offered insights and ... Journal of Managed Care. For the full issue, click here . , For ...
(Date:6/26/2016)... (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind and certified ... be personalized through a fitness app. The fitness app plans to fix the two major ... only offer a one size fits all type program , They don’t eliminate ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library ... City Observer , brings up a new, often overlooked aspect of head lice: the parasite’s ... for fumigation is not a common occurrence, but a necessary one in the event that ...
(Date:6/25/2016)... ... 25, 2016 , ... Dr. Calvin Johnson has dedicated his ... implemented orthobiologic procedures as a method for treating his patients. The procedure is ... to perform the treatment. Orthobiologics are substances that orthopaedic surgeons use to help ...
Breaking Medicine News(10 mins):