Pillr Health adds Cooper Strategy
Adds 340B pharmacy advisory capabilities for hospitals, health systems and community health centers using drug-discount savings to support underserved patients.
Takeaways
- Cooper Strategy is a captures 340B drug discounts to fund care for underserved patients.
- Pillr Health is acquiring Cooper Strategy with backing from Water Street Healthcare Partners.
- The business serves hospitals, health systems, and community health centers.
Cooper Strategy, a Jupiter, Florida-based advisor that helps covered entities capture 340B savings for care of underserved patients, has been added to Water Street Healthcare Partners-backed Pillr Health.
The business serves hospitals, health systems and community health centers within the federal drug-pricing program.
Pillr Health is headquartered in Boca Raton, Florida, and serves more than 500 healthcare organizations nationwide through software, analytics and managed pharmacy offerings.
"Like us, Cooper Strategy is deeply committed to helping hospitals, health systems and community health centers maximize the impact of their pharmacy programs in today's increasingly challenging regulatory environment.
Together, we will deliver even greater value to providers who depend on these programs to care for our country's most vulnerable patients and communities," said Skip Devanny, chief executive officer of Pillr Health.
Thomas Bednarek will continue to lead the Cooper Strategy team.
Terms were not disclosed.
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