Digital Pharmacist Bought by K1 Investment Management

K1 Investment Management, LLC, a leading investment firm focusing on high-growth enterprise software companies globally, has purchased Digital Pharmacist Inc. for $100 million. Digital Pharmacist provides HIPAA-compliant web, text, mobile and voice applications for pharmacies to automate refill requests and reminders, and to automate communication with patients. Over 7,500 pharmacies currently use the platform. With the investment from […]

Tabula Rasa Builds its Patient Engagement Platform

Tabula Rasa HealthCare, Inc. (NASDAQ: TRHC) has acquired PrescribeWellness, a cloud-based patient engagement solutions company. Based in Irvine, California, PrescribeWellness facilitates collaboration between more than 10,000 pharmacies with patients, payers, providers and pharmaceutical companies. It provides patient services such as medication home-delivery, appointment scheduling, Medicare plan reviews and more. The acquisition cost Tabula $150 million, roughly […]

Australian Pharmaceutical Industries closes 2018 with pharmacy deal

Australian Pharmaceutical Industries (ASX: API) closed out 2018 by announcing it acquired Sigma Healthcare Ltd (ASX: SIG), a wholesale and distribution service for pharmacies. With $2.96 million of reported revenue in FY2018, Sigma also owns several pharmacy retail brands in Australia such as Amcal Max, DDS, Amcal, and Guardian. The deal was valued at $524.9 million (AUD […]