Innovaccer Announces Acquisition of Pharmacy Quality Solutions to Accelerate Value-Based Care in Pharmacy Settings
Summary
SAN FRANCISCO & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Today, Innovaccer, a leading healthcare company, has announced the completion of its acquisition of Pharmacy Quality Solutions (PQS), a leader in Pharmacy-Payer performance technology. This strategic move reinforces Innovaccer’s commitment to accelerating value-based care across the healthcare ecosystem and have the largest distribution of providers and pharmacy network combined. “ We are excited to work with the PQS team to create an ecosystem approach of accelerating Value-Based Care, with data and AI,” said Abhinav Shashank, cofounder and CEO, Innovaccer. “ We look forward to working with the Innovaccer team to reinforce our core capabilities further help drive our next phase of growth and unlock the potential for improved patient outcomes from payer, provider and pharmacy collaboration.” PQS is a healthcare quality improvement company, that connects healthcare payers and providers to standardize measurement and reporting on key medication use quality measures and value-based reimbursement programs focused on medication adherence, treatment outcomes, and patient safety. Innovaccer’s EHR-agnostic solutions have been deployed across more than 1,600 hospitals and clinics in the US, enabling care delivery transformation for more than 96,000 clinicians, and helping providers work collaboratively with payers and life sciences companies.
Classifications
AskAI Classifications
LabelsLinked Companies
