Announced
Completed
Financials
Sources
Tags
United States
no-cost annual auditing
Business Process Outsourcing
Acquisition
Domestic
Majority
Private
Completed
Friendly
Single Bidder
Synopsis
MedImpact-backed SUNRx, a provider of contract pharmacy administration services, completed the acquisition of AuthorityRx, a provider of services and manufactures no-cost annual auditing, pharmacy opportunity and assessment, and reporting of claims. Financial terms were not disclosed. “Identifying referral claims and other missed claims due to manufacturer restrictions has in the past been a complex, often manual process, but missing these savings can hinder 340B entities’ ability to fulfill their mission. The acquisition of AuthorityRx will allow SUNRx to offer an enhanced, proprietary, and compliant way to capture additional claims and provide the associated financial benefits for covered entities,” Mary Van Hoozer, SUNRx General Manager.
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