Tabula Rasa HealthCare acquires Peak PACE Solutions

Tabula Rasa HealthCare, a Moorestown-based health care technology company, has acquired Peak PACE Solutions, a St. Louis, Missouri-based health plan management provider in the PACE market.

“Capstone’s mission is to help our client organizations succeed fiscally in a compliant manner,” said Capstone CEO Richard Schamp. “We do this by delivering meaningful analysis to understand the complexities of Medicare risk adjustment, optimizing compliance and revenue. Having worked for years collaboratively with Peak, we look forward to integrating with Peak Health Plan Management Services and further enhancing TRHC value to PACE organizations.”

Under terms of the acquisition, Peak PACE Solutions will become Peak Health Plan Management Services and operate as a service of Capstone Performance Systems, a subsidiary of TRHC.

“We’re excited to have the opportunity to join the TRHC family and work alongside Capstone, which shares our commitment to the PACE market,” said Patty Bailey, CEO of Peak Health Plan Management Services. “Our services are complementary, and as one company we can offer a full range of solutions backed by our extensive experience in PACE.”

Financial terms were not disclosed.