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Announced

Completed

MedImpact-backed SUNRx completed the acquisition of AuthorityRx.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

no-cost annual auditing

Business Process Outsourcing

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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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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