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TRHC Commends Legislation to Enable PACE Expansion, Helping More Seniors to Live Independently with Optimal Care and Safety
PACE is a federal program benefitting individuals 55 and older who are nursing home eligible, but want to remain at home. The goal of the program is to keep participants living in their communities, while receiving high quality, personalized care. The updated PACE regulations are expected to facilitate faster growth and operations for PACE, so they can provide more effective and efficient care to more seniors. Currently, there are more than 250 PACE centers in 31 states, with over 45,000 individuals enrolled. The bill directs the secretary of the
“As a long-standing partner of PACE, we commend the House for passing this important legislation to enable the expansion of a valued healthcare program that supports our most vulnerable population,” said TRHC Chairman and CEO,
Every year, medication risks such as allergic reactions, falls, overdoses and other negative side effects claim more than 125,000 lives and cause 1.3 million people costly trips to the emergency room, according to the
Through its proprietary Medication Risk Mitigation™ (MRM) technology, TRHC can predict and prevent harmful drug interactions before they occur. The MRM tool is the first of its kind to perform a simultaneous, multi-drug analysis that enables pharmacists and physicians to holistically evaluate a patient’s medication regimen, identifying potential risks that require intervention, such as changing the dosing amount or time of day that a medication is taken.
TRHC will be participating in the
TRHC (NASDAQ:TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. TRHC provides solutions for a range of payers, providers and other healthcare organizations. For more information, visit TRHC.com.
This press release includes forward-looking statements that we believe to be reasonable as of today’s date. Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” and similar expressions. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the need to innovate and provide useful products and services; risks related to changing healthcare and other applicable regulations; increasing consolidation in the healthcare industry; managing our growth effectively; our ability to adequately protect our intellectual property; and the other risk factors set forth from time to time in our filings with the
T: (617) 234-4118
Bob East or Asher Dewhurst
T: (443) 213-0500
Source: Tabula Rasa HealthCare, Inc.