HomePillr Health acquires CaptureRx, expanding pharmacy solutions to more health care organisations

Pillr Health acquires CaptureRx, expanding pharmacy solutions to more health care organisations

Pillr Health, a leading provider of software and tech-enabled services that optimise pharmacy operations, has acquired CaptureRx, a 340B technology and services organisation based in San Antonio, Texas.

The acquisition expands Pillr Health’s platform of pharmacy solutions to support more than 500 hospitals, health systems and federally qualified health centres (FQHCs) nationwide.

With this acquisition, CaptureRx’s customers gain access to Pillr Health’s comprehensive suite of services designed to strengthen the performance of their pharmacy programmes and 340B initiatives amid an increasingly complex regulatory environment. Pillr Health’s integrated platform of software, analytics and advisory services provides them with split billing, contract pharmacy administration, entity-owned pharmacy management, referral capture, compliance support and pharmacy optimisation programmes.

With CaptureRx, Pillr Health will expand its ability to support covered entities in strengthening their pharmacy programs as they navigate mounting requirements for the 340B federal drug pricing programme. This programme enables eligible hospitals, health systems and FQHCs to purchase outpatient medication at significantly reduced prices, generating savings that fund care for uninsured, low-income and vulnerable patients.

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