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Cps Solutions, Llc Announces Acquisition Of Trellis Rx, Llc, Offering End-To-End Suite Of Products And Solutions Across Inpatient, Outpatient & Specialty Pharmacy

PRIVATEJun 02, 2022

Acquiring Company

CPS Solutions

Acquired Company

Trellis Rx

Content And PublishingHealth CareCommunity And LifestyleHealth Care

Description

CPS Solutions, LLC (“CPS”), a leading provider of enterprise pharmacy solutions to hospitals and health systems, today announced it has closed its acquisition of Trellis Rx, LLC (“Trellis”), a leading technology-enabled specialty pharmacy services provider. The combined company will offer a broader range of offerings and provide greater flexibility of services, structure and support to better support patients and health and hospital systems alike. Financial terms of the transaction were not disclosed; the transaction was subject to customary closing conditions.

Quick answer

CPS Solutions is acquiring Trellis Rx, announced June 2, 2022.

How much did CPS Solutions pay for Trellis Rx?
The deal value was not disclosed.
What does CPS Solutions do?
Founded nearly 50 years ago, CPS Solutions, LLC (CPS) is one of the nation’s largest providers of pharmacy and hospital services - employing over 2,000 pharmacy and healthcare professionals and servicing over 800..

Source: Fundz verified event record.

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Company Information

Company

CPS Solutions

About

Founded nearly 50 years ago, CPS Solutions, LLC (CPS) is one of the nation’s largest providers of pharmacy and hospital services - employing over 2,000 pharmacy and healthcare professionals and servicing over 800 hospitals and healthcare facilities nationwide. CPS helps clients tackle complex problems through our suite of solutions across the care continuum. CPS solutions include inpatient pharmacy solutions and specialty and ambulatory pharmacy solutions, pharmacy consulting, 340B services, telepharmacy services, supply chain and materials management services, rehabilitation services, and more. CPS empowers healthcare organizations to achieve operational excellence, drive clinical quality, attain continuous regulatory compliance, and improve bottom-line performance – all while supporting staff, caregivers, patients and their communities. For more information, visit cps.com.

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Frequently asked

Who acquired Trellis Rx?

Trellis Rx was acquired by CPS Solutions. The deal was reported on June 2, 2022. CPS Solutions is privately held and operates in Content And Publishing.

When did CPS Solutions acquire Trellis Rx?

CPS Solutions's acquisition of Trellis Rx was reported on June 2, 2022. CPS Solutions, LLC (“CPS”), a leading provider of enterprise pharmacy solutions to hospitals and health systems, today announced it has closed its acquisition of Trellis Rx, LLC (“Trellis”), a leading technology-enabled specialty pharmacy services provider. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Trellis Rx do?

Trellis Rx is a complete specialty pharmacy services solution for health systems looking to enhance the medication therapy experience and drive market-leading clinical outcomes for their patients with chronic and complex conditions. It is privately held, operating in Community And Lifestyle.

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