Shields Health Solutions’ acquisition of ExceleraRx will add Mass General Brigham to its list of health system clients.
Shields Health Solutions, the Stoughton specialty pharmacy company, said Tuesday it acquired ExceleraRx Corp., its main competitor, in a deal that will increase its leverage with drug makers and companies that manage prescription plans for employers and insurers.
The buyout, the first by Shields Health, expands its reach to more than 65 health care systems with 700 hospitals in 43 states, the companies said in a statement. While Excelera doesn’t have a significant presence in New England, among its partners in the region are Mass General Brigham, the largest hospital network in Massachusetts, and Yale New Haven Health.
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