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Emdeon Acquires eRx Network

New combined operation to be called eRx Network

Emdeon has acquired eRx Network (eRx). The transaction combines Emdeon’s existing pharmacy operations with eRx’s customer base, product innovation, customer support and pharmacy switching technology.

In connection with the acquisition, Emdeon, PDX, and eRx entered into a long term extension and expansion of the strategic relationship, that has been in place between eRx and PDX since eRx’s founding.

The new combined operation will be called eRx Network, an Emdeon company. It will provide pharmacies and healthcare constituents with integrated tools for managing efficiency and profitability through claims management, business intelligence and network infrastructure.

George Lazenby, CEO of Emdeon, said: We are delighted to combine our pharmacy business with eRx. The combination of their innovative suite of products and services and talented management team will serve to accelerate our efforts towards providing solutions to our pharmacy customers. Perhaps most exciting, the combined organization will enjoy a significant presence in ePrescribing, one of the fastest growing sectors in healthcare transaction processing.

By providing expanded pharmacy solutions at this crucial time for our industry, Emdeon is further demonstrating its commitment to making healthcare more efficient. We look forward to working with eRx, our customers and the rest of the industry to create meaningful improvements as the healthcare reform process continues to unfold, he added.