Third Wave Recovery Systems, LLC (TWRX) is pleased to announce its acquisition of SRX, LLC (SRX), a leader in pharmaceutical rebate management services for the skilled nursing and long-term care (LTC) industry. In conjunction with the acquisition, TWRX has appointed a new leadership team, led by CEO Ed Lagerstrom, former President of UnitedHealthcare Networks, and received a growth equity investment from WindRose Health Investors.