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CPS Solutions, LLC Announces Acquisition of Trellis Rx, LLC, Offering End-To-End Suite of Products and Solutions...

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Benzinga
By Globe Newswire
  • Acquisition complements existing CPS portfolio, delivering a broader range of offerings, providing greater flexibility of services, structure, and support across inpatient, outpatient and specialty pharmacy settings, and ultimately accelerating growth for the benefit of patients and customers.
  • Both companies share a collective commitment to timely services, expanding access to critical medications, driving improved clinical performance, and creating a more streamlined and effective inpatient, outpatient and specialty pharmacy experience.
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DUBLIN, Ohio, June 02, 2024 (GLOBE NEWSWIRE) -- CPS Solutions, LLC (CPS), a leading provider of enterprise pharmacy solutions to hospitals and health systems, today announced it has closed its acquisition of Trellis Rx, LLC (Trellis), a leading technology-enabled specialty pharmacy services provider. The combined company will offer a broader range of offerings and provide greater flexibility of services, structure and support to better support patients and health and hospital systems alike. Financial terms of the transaction were not disclosed; the transaction was subject to customary closing conditions.

We are excited to welcome Trellis to the CPS family, said Chairman and CEO of CPS, Frank Segrave. The opportunity to combine two successful, mission-driven organizations and deliver a broader range of end-to-end services for the betterment of patients, providers and payors is tremendous, and we look forward to delivering on customer needs, improving pharmacy performance, and delivering innovative solutions to more patients.

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