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Tango340B Solutions Announces The Acquisition Of Rph Innovations (Rphi)

May 05, 2022about 3 years ago

Acquiring Company

tangoRx Solutions

Acquired Company

RPh Innovations

Food And BeverageMobileHealth Care

Description

tangoRx Solutions, a mission-centric company focused exclusively on serving organizations who provide care to vulnerable patient populations, is proud to announce the acquisition of RPh Innovations (RPHi). As one of the most reputable and highly regarded 340B program management providers, RPHi is uniquely positioned to help tangoRx to deliver on the mission of "Building Healthier Communities Across the US".

Company Information

Company

tangoRx Solutions

About

Our mission is to build healthier communities through partnerships by improving health equity and expanding access to care. tangoRx is exclusively focused on serving those who provide care to vulnerable patient populations. Our team is passionate about helping Covered Entities get the most out of their 340B program through our administrative services, in-house pharmacy solutions, and future innovations. Our team and array of solutions help to empower our clients to channel their full attention towards delivery of patient care. For more information please contact: TangoRx SolutionsVladimir TikhtmanMarketing Director312-497-5519 335582@email4pr.com SOURCE tangoRx Solutions

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed