Cardinal Health has quietly acquired TelePharm, an Iowa City, Iowa-based provider of telepharmacy services, according to published reports.
Spokespeople for both companies told the Des Moines Register that the deal closed last month. Financial terms weren’t disclosed.
TelePharm’s cloud-based software provides pharmacies with counseling and prescription verification services. The solution enables one pharmacist to verify the scripts of multiple remote pharmacies from a central location.
Also through TelePharm’s software, patients can talk to a pharmacist via a live video call if they have questions about their medications or if a pharmacist has required that they receive counseling.
Founded in 2012 by Roby Miller, Telepharm and its 18 employees will stay based in Iowa City, reports said.
“We’re only at the tip of the iceberg in terms of what is possible with telepharmacy and health care technology in general,” Miller told the Corridor Business Journal.