RedSail Technologies completed the acquisition of TransactRx.

RedSail Technologies, a healthcare, pharmacy, and governmental software solutions provider, completed the acquisition of TransactRx, a healthcare benefits expertise, provider network management, and a patented cross-benefit transaction platform. Financial terms were not disclosed. “This is a huge step forward in our commitment to build the most clinically advanced and financially sustainable network of pharmacies. TransactRx’s cross-benefit platform is a natural complement to PowerLine’s modern technology, giving our customers a unique, integrated medical billing solution. It really is a market-changing opportunity,” Kraig McEwen, RedSail CEO.