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TRHC

Tabula Rasa HealthCare

$35.38

-0.4 (-1.12%)

08:45
03/20/18
03/20
08:45
03/20/18
08:45

Tabula Rasa HealthCare to provide MRM technology to national provider group

Tabula Rasa HealthCare announced that it has entered into an agreement with a national provider group to deliver Medication Risk Mitigation technology and services that will enable a more personalized approach to prescribing for their patients medication regimen, involving personalizing medication selection, dosage levels, time-of-day administration and reducing the total medication burden by eliminating unnecessary prescriptions.Avoidable adverse drug events caused by dangerous drug interactions and the imprecise use of prescriptions are the fourth leading cause of death in the U.S. TRHC's MRM technology identifies patients' risk for multi-drug interactions before they occur, helping physicians make safer prescribing choices, including the best time of day for patients to take each medicine to avoid potential harm. TRHC will offer the provider group MRM services that include a Medication Safety Review-that utilizes TRHC's proprietary MedWise Advisor platform which analyzes simultaneous, accumulative, multi-drug interactions. It also includes the option for pharmacogenomics analysis which allows prescribers to understand how a patient's genes affect their response to medications.

TRHC Tabula Rasa HealthCare
$35.38

-0.4 (-1.12%)

03/13/18
PIPR
03/13/18
NO CHANGE
Target $43
PIPR
Overweight
Tabula Rasa price target raised to $43 from $36 at Piper Jaffray
Piper Jaffray analyst Sean Wieland raised his price target for Tabula Rasa HealthCare to $43 saying the company beat Q4 estimates and guided higher on revenue and profitability both organically and inorganically. He believes the company's momentum continues into 2018 and keeps an Overweight rating on the shares. New catalysts could drive further upside to numbers this year, the analyst contends.
01/04/18
SBSH
01/04/18
INITIATION
Target $37
SBSH
Buy
Tabula Rasa HealthCare initiated with a Buy at Citi
Citi analyst Stephanie Davis started Tabula Rasa HealthCare with a Buy rating and $37 price target. The analyst believes the company's "peer leading" solutions, dominance of the underpenetrated PACE market and an increasing focus on unnecessary hospitalizations should drive outsized growth in the coming years.
12/19/17
OPCO
12/19/17
INITIATION
Target $35
OPCO
Outperform
Tabula Rasa HealthCare initiated with an Outperform at Oppenheimer
Oppenheimer analyst Mohan Naidu started Tabula Rasa HealthCare with an Outperform rating and $35 price target, noting that its proprietary medication risk and therapy solutions are enabling a significant shift in care for the elderly through PACE by focusing on eliminating adverse drug events and dealing with complex, multiple-medication regimens at home.
12/11/17
WBLR
12/11/17
INITIATION
WBLR
Outperform
Tabula Rasa HealthCare initiated with an Outperform at William Blair
William Blair starts Tabula Rasa HealthCare with an Outperform rating.

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