World News: 20:38 GMT Wednesday 11th July 2018. [Tabula Rasa HealthCare, Inc. via Globe Newswire via SPi World News]
ST. LOUIS and MOORESTOWN, N.J., July 11, 2018 (GLOBE NEWSWIRE) -- (NASDAQ:TRHC) announced today the closure on new contracts with six PACE organizations (Programs of All-inclusive Care of the Elderly).
PACE is a federal program benefiting individuals 55 and older who are nursing home eligible. PACE includes 240 centers in 31 states serving a growing number of eligible Medicare and Medicaid participants. The goal of the program is to keep participants living in their own homes while receiving quality care.
With the addition of these new clients, Peak Health Plan Management Services will begin immediately serving an additional 1600 PACE participants. Three of the six new clients are startups, and will begin operations later this year and in January 2019.
“We are pleased to welcome these new PACE clients and eager to assist them using our expertise in health plan management services,” said TRHC Executive Vice President Kim Browning, CHC, PMP, who oversees Capstone Performance Systems.
Globe Newswire: 20:38 GMT Wednesday 11th July 2018
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2018. [Admin Only]
Sector Publishing Intelligence Ltd.
Ground Floor Offices, Little Keep Gate, Barrack Road, Dorchester, Dorset DT1 1AH
Registered in England and Wales number 0751938.