HIT Consultant December 23, 2024
Fred Pennic

What You Should Know:

Avel eCare, a provider of telemedicine services, today announced the acquisition of Hospital Pharmacy Management, Inc. (HPM), a company specializing in remote medication order review and onsite pharmacy management for hospitals and health systems.

– The strategic acquisition significantly expands Avel eCare’s telepharmacy capabilities and strengthens its commitment to supporting healthcare providers, particularly in addressing the growing shortage of pharmacists.

HPM Background

HPM, based in Kansas, has been serving hospitals across Kansas, Nebraska, Missouri, and Texas since 1993. They provide a unique blend of onsite and remote pharmacy services, including medication order review, verification, and entry, along with comprehensive clinical pharmacy support. This acquisition allows Avel eCare to leverage HPM’s expertise and established...

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Topics: Digital Health, Mergers & Acquisitions / JV, Pharma, Pharma / Biotech, Technology, Telehealth, Trends
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