Executive Briefings

Inmar Acquires Company Specializing in Pharmaceutical Returns, Recalls

Inmar, a company that operates collaborative commerce networks, announced its acquisition of Fremont, Calif.-based EXP Pharmaceutical Services Corp., whose core business of pharmaceutical returns and recalls aligns well with Inmar's healthcare service offerings.

Inmar Acquires Company Specializing in Pharmaceutical Returns, Recalls

The acquisition also positions Inmar to extend its pharmacy financial management services into the hospital market, where EXP has developed a strong presence.

In addition to pharmaceutical returns management and recall services, Inmar manages claims and payment reconciliation services for pharmacies to ensure appropriate reimbursement from healthcare payors. And, its patented contract management technology provides pharmacies with detailed analytics that allow contract negotiations with carriers through contract database management, contract rate reconciliation and contract profitability management.

“EXP has developed a strong reputation for exceptional service in the marketplace,” says Inmar’s Chairman and CEO David Mounts. “Our core businesses and our cultures align well.”

Financial terms of the transaction were not disclosed.

Source: Inmar

The acquisition also positions Inmar to extend its pharmacy financial management services into the hospital market, where EXP has developed a strong presence.

In addition to pharmaceutical returns management and recall services, Inmar manages claims and payment reconciliation services for pharmacies to ensure appropriate reimbursement from healthcare payors. And, its patented contract management technology provides pharmacies with detailed analytics that allow contract negotiations with carriers through contract database management, contract rate reconciliation and contract profitability management.

“EXP has developed a strong reputation for exceptional service in the marketplace,” says Inmar’s Chairman and CEO David Mounts. “Our core businesses and our cultures align well.”

Financial terms of the transaction were not disclosed.

Source: Inmar

Inmar Acquires Company Specializing in Pharmaceutical Returns, Recalls