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Financial Snapshot

Revenue
TTM
$338.1M
Gross Margin
TTM
23.56%
Net Income
TTM
-$95.46M
Current Assets
2023 Q2
Current Liabilities
2023 Q2
Current Ratio
2023 Q2
156.56%
Total Assets
2023 Q2
Total Liabilities
2023 Q2
Book Value
2023 Q2
-78.08M
Cash
2023 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$8.457M

Stock Price

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Market Cap: $284.03 Million

About Tabula Rasa HealthCare, Inc.

Tabula Rasa Healthcare, Inc. is a healthcare technology company, which engages in the development of solutions designed for pharmacists, providers, and patients to optimize medication regimens. The company is headquartered in Moorestown, New Jersey and currently employs 1,027 full-time employees. The company went IPO on 2016-09-29. The firm operates through two segments: CareVention HealthCare and MedWise HealthCare. The CareVention HealthCare segment provides its clients, primarily organizations with programs of All-Inclusive Care for the Elderly (PACE), with medication fulfillment services, cloud-based software, pharmacy benefit management (PBM) solutions, and clinical pharmacist services at the point-of-care. PACE is a Centers for Medicare & Medicaid Services (CMS) sponsored program. The MedWise HealthCare segment provides technology-enabled solutions to promote medication safety and adherence to improve patient outcomes and reduce healthcare costs. The technology-enabled solutions revenue model is primarily based on payments on a PMPM basis, payments on a subscription basis, and payments on a fee-for-service basis for each medication safety review and clinical assessment completed.

Industry: Services-Business Services, NEC Peers: Babylon Holdings Ltd CareCloud Inc Forian Inc. UpHealth, Inc. STREAMLINE HEALTH SOLUTIONS INC. OptimizeRx Corp Pear Therapeutics, Inc. Akili, Inc.

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