What analyst predict for Tabula Rasa HealthCare Inc NASDAQ:TRHC ?
Tabula Rasa HealthCare Inc NASDAQ:TRHC
Tabula Rasa HealthCare Inc is expected to report earnings on 03/12/2018 after market close. The report will be for the fiscal Quarter ending Dec 2017. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.12. The reported EPS for the same quarter last year was $-0.06.
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Tabula rasa, means “blank slate” in Latin and references the Roman wax tablet used for notes. These tablets were blanked by heating then smoothing the wax, to give a tabula rasa. Contemporary translation includes “fresh start” or “new beginning.”
The Tabula Rasa HealthCare (TRHC) provides new beginnings for our clients, through innovative service models and fresh approaches to healthcare. Our leaders understand that to maximize patient experiences and outcomes, they must help providers to balance efficiency and scalability with safety and individualization of care. Our culture, the TRHC Way, promotes this mentality.
TRHC provides patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens. We improve patient outcomes, reduce hospitalizations, lower healthcare costs, and manage risk. We deliver our solutions through a comprehensive suite of technology-enabled products and services for medication risk management and risk adjustment.
With 4.3 billion prescriptions filled in the U.S. in 2014, medication treatment is the most common medical intervention. Its imprecise use represents the fourth leading cause of death and contributes to an estimated 45 to 50 million adverse drug events, or ADEs, annually. ADEs result in more than 100,000 deaths annually, approximately 125,000 hospitalizations, and one million emergency room visits. Incidence of ADEs is highly correlated to the number of medications an individual is taking and to non-adherence, and thus is particularly relevant to populations with complex healthcare needs.
As the U.S. healthcare market continues to evolve from fee-for-service to value-based models of care, healthcare organizations require new and emerging technologies to optimize treatment and manage risk on a patient-specific, customized basis. Our solutions are targeted to at-risk organizations that are clinically and financially responsible for the populations they serve.
Our suite of cloud-based software solutions provides prescribers, pharmacists and healthcare organizations with sophisticated and innovative tools to better manage the medication-related needs of patients. TRHC offers a prospective clinical approach to medication risk management, designed to increase patient safety and promote medication regimen adherence. Furthermore, our medication risk management technology helps healthcare organizations lower costs by reducing ADEs, enhancing quality of care, and avoiding preventable hospital admissions.
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