MOORESTOWN, N.J., (June 6, 2019) – Tabula Rasa HealthCare, Inc. (TRHC) (NASDAQ: TRHC), precision dosing software company DoseMe, today announced a three-year agreement with Portugal’s National Health Service, Centro Hospitalar Lisboa Ocidental (CHLO) for DoseMe’s proprietary dose optimization software – DoseMeRx.
“Therapeutic drug monitoring of medications that have a narrow therapeutic window is a challenging element for any hospital pharmacy team, and our center has a long tradition of it. That’s why we strive for consistent decision support solutions to help us develop clinical excellence,” said Fátima Falcão, PhD, Director of Pharmacy, Centro Hospitalar Lisboa Ocidental. “DoseMe has provided our team with a consistent, efficient and easy-to-use means of supporting our dosing decisions for these drugs. Additionally, and in accordance with continuous improvement, DoseMeRx has made it possible to incorporate some of our feedback, which we consider very positive. Its friendliness also has allowed us to optimize the process itself, improving dosing individualization and therefore patient outcomes, which is directly aligned with our ultimate goal,” she said.
Established in 2006, CHLO is a health network of three hospitals including, Egas Moniz, Santa Cruz and São Francisco Xavier in Lisbon, Portugal. CHLO has clinical expertise in differentiated healthcare areas, benefiting from the acknowledged quality of care among all of its hospital units. As a medical support service, the Pharmacy Department adopts principles, values and mission policies of the organization, including the commitment to continuous training, teaching and research.
“It’s a privilege to partner with CHLO to help simplify their workflows in their mission to provide the best individualized care for their patients,” said TRHC’s Chairman and CEO Calvin H. Knowlton, Ph.D. “This partnership is representative of Portugal’s National Health Service’s commitment to ensure the patient is always the top priority in decision making and ensuring their clinicians have the tools to help them be the best they can be for every patient, every time,” he said.
“Working with Fátima and her team, it’s clear they are committed to the delivery of high-quality care and recognize the importance of individualizing medication therapy for every patient,” said Charles Cornish, Chief Executive Officer, DoseMe. “I’m honored to be working with CHLO and providing the opportunity to create new efficiencies in medication management that will lead to a significant impact on patient safety and outcomes.”
About Tabula Rasa HealthCare
Tabula Rasa HealthCare (TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize performance to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. Medication risk management is TRHC’s lead offering, and its cloud-based software applications, including EireneRx® and MedWise®, provide solutions for a range of payers, providers and other healthcare organizations. www.tabularasahealthcare.com.
DoseMe is a Tabula Rasa HealthCare Company (NASDAQ: TRHC) and the first company in the world to develop precision dosing software – DoseMeRx – developed specifically for clinical practice. DoseMe’s clinical decision support solutions focus on empowering healthcare providers to optimize dosing of high-risk parenteral medications to streamline operations, reduce adverse drugs events, decrease costs and improve patient outcomes. For more information, visit doseme-rx.com
This press release includes forward-looking statements that we believe to be reasonable as of today’s date, including statements regarding Medication Risk Mitigation technology. Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” and similar expressions. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the need to innovate and provide useful products and services; risks related to changing healthcare and other applicable regulations; increasing consolidation in the healthcare industry; managing our growth effectively; our ability to adequately protect our intellectual property; and the other risk factors set forth from time to time in our filings with the SEC, including those factors discussed under the caption “Risk Factors” in our most recent annual report on Form 10-K, filed with the SEC on March 1, 2019, and in subsequent reports filed with or furnished to the SEC, copies of which are available free of charge within the Investor Relations section of the TRHC website http://ir.trhc.com or upon request from our Investor Relations Department. Any forward-looking statement speaks only as of the date on which it was made. TRHC assumes no obligation and does not intend to update these forward-looking statements, except as required by law, to reflect events or circumstances occurring after today’s date.
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Bob East or Asher Dewhurst
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