Tabula Rasa HealthCare®, Inc. (TRHC) (NASDAQ: TRHC), a healthcare technology company advancing the field of medication safety, today announced an expanded laboratory services agreement with CQuentia, a comprehensive analytics platform and molecular laboratory for personalized medicine. The agreement provides TRHC with access to COVID-19 (SARS-CoV-2 RNA) testing kits for distribution to Programs of All-Inclusive Care for the Elderly (PACE) through TRHC’s CareKinesis Pharmacy.
Through its relationship with CQuentia, TRHC also expects to have future access to new point-of-care, rapid testing technologies as well as to serological testing to determine whether a patient has COVID-19 antibodies.
“PACE participants are some of the nation’s most at-risk individuals,” said TRHC Chairman and CEO Calvin H. Knowlton, PhD. “CQuentia’s COVID-19 testing kit and forthcoming antibody testing will help to keep PACE participants and their care teams as safe as possible during this global health crisis. TRHC is committed to providing all PACE organizations with access to the latest COVID-19 testing technologies, along with clinical pharmacist support for medication safety and monitoring for therapies, current and future, used in the treatment of COVID-19.”
TRHC and CQuentia have been collaborating since July 2019, when CQuentia was named TRHC’s preferred pharmacogenomic (PGx) testing partner. Additionally, CQuentia selected MedWise™, TRHC’s software solution that identifies accumulative multi-drug interactions to help manage patients’ medication regimens, as its preferred method for reporting pharmacogenomic lab results to prescribers.
According to CQuentia CEO Alan Meeker, “TRHC is the ideal partner for distributing our COVID-19 testing kits to PACE organizations. PACE organizations need a reliable and accessible testing platform that shows both who has COVID-19 and, more importantly, who had COVID-19. The point of care test will help PACE Centers know who is at risk or who may demonstrate an antibody to COVID-19, which will enable the clinicians to decide with confidence who can safely return to the PACE Center.”
PACE is a federal program providing comprehensive medical and social services to individuals 55 and older who are nursing-home eligible. The goal of PACE is to keep participants living in their own communities and to provide quality medical care. Currently, 131 PACE programs operate 263 PACE centers in 31 states, serving more than 53,899 participants.
About Tabula Rasa HealthCare®
Tabula Rasa HealthCare (TRHC) is a leader in 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 provide solutions for a range of payers, providers and other healthcare organizations. For more information please visit www.trhc.com.