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

211; 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.


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