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