Pharmacy Systems

What Pharmacy Systems does

CPS Solutions, LLC, operating under the legacy name Pharmacy Systems and headquartered at 5515 Parkcenter Circle, Suite 220, Dublin, Ohio, is a privately held hospital pharmacy management and technology company that has served US healthcare organizations for over 50 years. The company delivers a comprehensive suite of end-to-end solutions spanning the care continuum, including Specialty Pharmacy, Pharmacy Management, Telepharmacy, 340B Program support, Consulting, Rehabilitation, and Supply Chain services, addressing the financial, operational, clinical, and regulatory challenges facing independent hospitals, integrated delivery networks (IDNs), and specialized health facilities.

The technology backbone consists of two proprietary SaaS platforms: CPS Optimizer, a pharmacy management software driving financial, operational, clinical, and regulatory effectiveness across the enterprise; and TherigySTM, a specialty pharmacy management software that optimizes workflow and patient care delivery. These platforms are complemented by CPS TELEpharmacy, a registered service offering 24/7/365 Remote Order Entry & Verification and Transitions of Care support. The company reports 2,500+ healthcare professionals on staff and 800+ customers across the United States and Puerto Rico.

Revenue is generated through managed-services engagements and recurring software licensing of CPS Optimizer and TherigySTM, sold through a direct enterprise field-sales motion targeting hospitals, health systems, and specialized facilities. Pricing is quote-based and tailored to customer needs, with cross-sell bundling branded as the 'CPS Enterprise Advantage.' The go-to-market is supported by a content engine (Perspectives) producing case studies, whitepapers, and an annual award-winning Patient Impact Report. The company maintains no publicly disclosed parent, no institutional investors, and no funding rounds in the available data, operating as a standalone LLC.

Name

Pharmacy Systems

Legal name

CPS Solutions, LLC

Website

https://pharmacysystems.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

251–500 employees

Short description

CPS Solutions, LLC (Pharmacy Systems) is a privately held Dublin, Ohio-based provider of hospital pharmacy management software and managed services, serving 800+ independent hospitals, health systems, and specialized facilities across the US and Puerto Rico via its CPS Optimizer and TherigySTM platforms.

Ownership category

akta.pro rank

Product category

Hospital Pharmacy Management Software & Services

NAICS

Pharmacies and Drug Retailers (456110)

SIC

Services-Health Services (8000), Services-Management Services (8741)

akta.pro primary industry

Pharmacy Information Systems (PIS) & Dispensing Workflow (HLACAKAC)

akta.pro secondary industries

Hospital & Health-System Pharmacies (Inpatient/Outpatient) (HLAFALAB), 340B Program Administration & Contract Pharmacy Services (HLAFALAL), Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG)

Keywords

• Hospital pharmacy management
• Specialty pharmacy services
• Pharmacy management software
• 340B program services
• Telepharmacy services

Headquarters

HQ city

Dublin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Pharmacy Management Services: CPS generates revenue through comprehensive pharmacy management services delivered to healthcare organizations. Services span specialty pharmacy, pharmacy management, telepharmacy, 340B program support, consulting, rehabilitation, and supply chain optimization. The model appears to be subscription/contract-based with healthcare organizations.
2. Technology Platform Licensing: Revenue generated from licensing proprietary software platforms including CPS Optimizer and TherigySTM to healthcare customers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Pharmacy Systems, Inc. (operating as CPS Solutions, LLC) provides end-to-end hospital pharmacy management solutions delivered to healthcare organizations through proprietary SaaS platforms (CPS Optimizer and TherigySTM). The company delivers a comprehensive suite of services including specialty pharmacy, pharmacy management, telepharmacy, 340B program support, consulting, rehabilitation, and supply chain optimization across the care continuum.

Product overview

CPS Solutions, LLC offers a comprehensive suite of end-to-end pharmacy solutions delivered through its SaaS technology platforms. The core product portfolio includes two main software platforms: CPS Optimizer (a pharmacy management software for financial, operational, clinical, and regulatory effectiveness) and TherigySTM (a specialty pharmacy management software for workflow optimization and patient care). These technology platforms support multiple service offerings including Specialty Pharmacy, Pharmacy Management, Telepharmacy (CPS TELEpharmacy), 340B Program, Consulting, Rehabilitation, and Supply Chain services.

Differentiator

Problem solved

Functional benefit

Brands

• CPS Optimizer®: Pharmacy management software driving financial, operational, clinical, and regulatory effectiveness across enterprises.
• TherigySTM®
• CPS TELEpharmacy®

Products and services

• CPS Optimizer

Quantifiable outcome

• Serving 800+ healthcare customers across the US and Puerto Rico
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• McKesson: McKesson is a broad incumbent in pharmaceutical distribution and biopharma services with growing hospital pharmacy services capabilities, including specialty distribution and 340B program support — directly relevant to CPS' service portfolio.
• Cardinal Health: Cardinal Health operates a broad healthcare services portfolio including hospital pharmacy distribution, at-Home Solutions, and outcomes-based services, overlapping with CPS' supply chain, specialty pharmacy, and consulting offerings to health systems.
• BD (Becton Dickinson): BD is a broad incumbent in medication management and pharmacy automation through its BD Medical and Pharmacy Automation segments, serving the same hospital pharmacy buyers as CPS with a broader device and software portfolio.
• Premier Inc. Premier is a broad incumbent healthcare improvement company serving US hospitals with supply chain, GPO, and performance services — overlapping with CPS' Supply Chain and Consulting solutions for similar health-system buyers.

Direct peers

• Omnicell: Omnicell is a direct peer in hospital pharmacy automation and medication management software, competing head-to-head with CPS Optimizer for pharmacy information system and dispensing workflow contracts at US hospitals and health systems.
• Shields Health Solutions: Shields is a direct peer in hospital-owned specialty pharmacy services, partnering with health systems to build and operate in-house specialty pharmacies — closely overlapping with CPS' Specialty Pharmacy and TherigySTM offerings.
• Trellis Rx (now part of CPS): Trellis Rx is a direct peer in hospital specialty pharmacy services that was acquired by CPS; it represents the closest like-for-like competitor in the health-system specialty pharmacy space prior to integration.
• PipelineRx (now part of Avel eCare): PipelineRx (now Avel eCare Pharmacy Solutions) is a direct peer in hospital telepharmacy and remote order entry, competing with CPS TELEpharmacy for off-hours and transitions-of-care pharmacy coverage contracts at US hospitals.

Emerging players

• QuVa Healthcare: QuVa Healthcare is an emerging player in compounded sterile preparations and hospital pharmacy services, competing with CPS for outsourced pharmacy operations and supporting pharmacy supply chain needs at hospitals and health systems.
• Verity Solutions (340B): Verity Solutions is an emerging player focused on 340B program management software and services for safety-net hospitals, directly competing with CPS' 340B Program offering for compliance and split-billing workflows.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pharmacy Systems