Inmar Intelligence | November 24, 2014

Inmar Acquires EXP Pharmaceutical Services Corp.

Inmar, a company that operates collaborative commerce networks, today announced its acquisition of Fremont, California-based EXP Pharmaceutical Services Corp. EXP's core business of pharmaceutical returns and recalls aligns well with Inmar's healthcare service offerings. 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 more favorable contract negotiations with carriers through contract database management, contract rate reconciliation and contract profitability management.

Inmar's data analytics and patient engagement capabilities provide insight to help the healthcare industry meet the changing needs of today's patients and healthcare environment beyond the walls of their buildings.

"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."

EXP's CEO Gus Changaris says that "The common and previously separate clients of EXP and Inmar will all now be joined to witness new levels of enhanced services and capabilities never before possible." He adds that "I believe there is significant opportunity for the delivery of enhanced efficiencies, product offerings and service levels for clients and the healthcare marketplace overall."

Financial terms of the transaction were not disclosed.

Inmar Intelligence

Commerce Accelerated.™

Inmar helps leading Fortune 500 companies and emerging brands stay relevant and propel growth while providing their consumers with personalized and precision-driven tools to save money, improve health and safety, and more conveniently go about their lives. Inmar’s holistic portfolio of media products enables advertisers to access a variety of intelligent tools, including its influencer media platform, conversational commerce (chat-based media), audience extension and on-site digital media for retail. As a trusted intermediary for over 35 years, Inmar has served retailers, manufacturers, healthcare providers, government and employers as their trusted intermediary and helped them redefine innovation.

For more information about Inmar, please follow Inmar on Twitter, Linkedin or Facebook, or call (866) 440-6917. Inmar has unmatched access to billions of consumer and business transactions in real-time.

PRESS INQUIRIES:

Holly Pavlika
SVP, Corporate Marketing
(336) 770-3596
holly.pavlika@inmar.com