Transaction Data Systems completed the acquisition of PrescribeWellness from Tabula Rasa HealthCare for $140m.

Transaction Data Systems, a provider of pharmacy-focused, patient-centric solutions, completed the acquisition of PrescribeWellness, a pharmaceutical manufacturer and a provider of patient relationship management solutions, from Tabula Rasa HealthCare, a healthcare technology company, for $140m. “Independent pharmacists are highly-trusted members of the care community and must be equipped with two-way communication tools enabling them to engage with and retain their patients effectively. A combination of patient communications and prioritized patient engagement tools are needed to facilitate a path to clinical and adherence services, which will now be advanced by PrescribeWellness’s vaccination and medication synchronization solutions," Jude Dieterman, TDS CEO.