Frazier Healthcare Partners completed the acquisition of Comprehensive Pharmacy Services.

Frazier Healthcare Partners, a provider of private equity capital to healthcare companies, completed its acquisition of Comprehensive Pharmacy Services, a leading provider of enterprise pharmacy solutions to hospitals and health systems. Financial terms were not disclosed. “Frazier is very pleased to have led this significant investment in CPS. We see this particular sector as having considerable headroom for growth as hospitals and health systems look for ways to better manage drug costs, solve pharmacy staffing challenges, and improve patient care. CPS is a leader in providing inpatient and outpatient pharmacy management services and we are delighted to be partnering with them. This new investment for Frazier continues to leverage a long-standing thesis we have held with regard to opportunities around hospital outsourcing.” Ben Magnano, Frazier General Partner.