What CPS does

CPS Solutions, LLC is a privately held, Ohio-based healthcare services company founded in approximately 1970 that delivers end-to-end hospital pharmacy solutions to more than 800 healthcare customers across the United States and Puerto Rico. The company operates through wholly-owned operating subsidiaries including CPS Puerto Rico, Inc., CPS Telepharmacy, Inc., Azina, LLC, and affiliate Therigy, LLC, and employs 2,500+ healthcare professionals including pharmacists, pharmacy technicians, and Apexus-Certified Experts. Service offerings span pharmacy management, specialty pharmacy, 24/7/365 telepharmacy, 340B program compliance and consulting, rehabilitation department transformation, supply chain optimization, and tailored consulting.

The technology core consists of two proprietary SaaS platforms: CPS Optimizer®, a pharmacy management software driving financial, operational, clinical, and regulatory effectiveness across hospital enterprises, and TherigySTM®, a specialty pharmacy therapy management platform supporting over 24 therapeutic categories with 790 unique clinical activities. Supporting modules include TherigyVista™ (analytics, launched April 2024), TherigyInsights (population-level dashboards with PROMIS-10 monitoring), and a Financial Assistance Lookup Tool covering 1,200+ drug-specific programs. TherigySTM has integrated bi-directionally via HL7 and API exchanges with Epic and other EHR systems at health systems including UVA Health, Baptist Health South Florida, and HonorHealth, and has captured 100M+ patient engagement activity responses across 120+ pharmacies.

The business model combines managed services contracts (embedding CPS teams within hospital pharmacy operations), recurring software licensing for CPS Optimizer and TherigySTM, and professional services for 340B consulting, rehabilitation, and supply chain optimization. The company sells exclusively through direct enterprise field sales targeting hospital and health system leadership, pharmacy directors, and C-suite executives, with no channel partners or self-serve distribution. The CPS Enterprise Advantage model incentivizes multi-solution adoption across the care continuum. Pricing is quote-based and not publicly disclosed.

Name

CPS

Legal name

CPS Solutions, LLC

Website

https://cps.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

CPS Solutions, LLC is a privately held healthcare services company that delivers end-to-end hospital pharmacy solutions—including proprietary SaaS platforms and managed services—to 800+ hospitals and health systems across the United States and Puerto Rico.

Ownership category

akta.pro rank

Product category

Hospital Pharmacy Management Services

NAICS

General Medical and Surgical Hospitals (622110), Custom Computer Programming Services (541511), Management Consulting Services (54161)

SIC

Services-Hospitals (8060), Services-Prepackaged Software (7372), Services-Health Services (8000)

akta.pro primary industry

Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG)

akta.pro secondary industries

Pharmacy Information Systems (PIS) & Dispensing Workflow (HLACAKAC), Hospital & Health-System Pharmacies (Inpatient/Outpatient) (HLAFALAB), 340B Program Administration & Contract Pharmacy Services (HLAFALAL)

Keywords

• Hospital pharmacy management
• Specialty pharmacy services
• Telepharmacy solutions
• 340B program management
• Pharmacy consulting 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, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Pharmacy Management Services: CPS provides end-to-end pharmacy management services to hospitals and health systems, delivering tech-enabled pharmacy leadership to achieve financial, operational, and clinical goals. Revenue is generated through managed services contracts where CPS embeds its team and technology within the hospital's pharmacy operations.
2. Specialty Pharmacy Services: Accelerating specialty pharmacy results for health systems through collaborative partnership and strategic growth, including therapy management software and clinical care coordination.
3. 340B Program Consulting: Comprehensive 340B program support including compliance-focused expertise, Apexus-Certified Experts (ACEs), proactive support, audits, transaction monitoring, and covered entity type change strategy consulting.
4. Technology Licensing (CPS Optimizer®, TherigySTM®): Software-as-a-service licensing of proprietary pharmacy management and specialty pharmacy therapy management platforms to hospital and health system customers.
5. Telepharmacy Services: 24/7/365 CPS TELEpharmacy support via Remote Order Entry & Verification and Transitions of Care programs, generating recurring revenue from hospital partners seeking extended pharmacy coverage.
6. Rehabilitation Services: Transforming rehabilitation departments to deliver revenue-generating, patient-centered services through strategic growth consulting and operational support.
7. Supply Chain Optimization: Identifying, implementing, and sustaining optimized processes through effective and efficient materials management for lasting operational results.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

CPS Solutions, LLC delivers end-to-end hospital pharmacy management and specialty pharmacy services to 800+ healthcare customers across the US and Puerto Rico, combining tech-enabled pharmacy leadership, proprietary SaaS platforms (CPS Optimizer, TherigySTM, TherigyVista), and 2,500+ healthcare professionals. The company also provides 340B program consulting, 24/7 telepharmacy support, rehabilitation services, and supply chain optimization under multi-year managed services contracts.

Product overview

CPS Solutions, LLC offers a comprehensive suite of hospital pharmacy solutions combining technology platforms with professional services. The core technology portfolio includes CPS Optimizer® (pharmacy management software), TherigySTM® (specialty pharmacy management software), and TherigyVista℠ (pharmacy analytics software). CPS Optimizer drives enterprise-wide financial, operational, clinical, and regulatory effectiveness, while TherigySTM manages the full specialty pharmacy patient journey including therapy management, referral management, patient messaging, and outcomes tracking, with TherigyInsights providing analytics dashboards. Supporting the technology platforms are seven service offerings: Specialty Pharmacy, Pharmacy Management, CPS TELEpharmacy®, 340B Program, Consulting, Rehabilitation, and Supply Chain services. The company serves 800+ healthcare customers across the US and Puerto Rico with 2,500+ healthcare professionals.

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 SaaS pharmacy management software that drives financial, operational, clinical, and regulatory effectiveness for hospital pharmacy departments, enabling tech-enabled pharmacy leadership across the enterprise.
• TherigySTM Specialty pharmacy management software that empowers pharmacy teams to optimize workflow while delivering patient care, including therapy management, referral management, patient messaging, and outcomes tracking for hospital and health system specialty pharmacies.
• TherigyVista Pharmacy analytics software providing dashboards and reporting that enable specialty pharmacies to identify patient trends, monitor quality metrics, generate actionable insights, and prove outcomes.
• Specialty Pharmacy Services Collaborative partnership service that accelerates specialty pharmacy results for patients and health systems through a best-in-class care model and strategic growth support.
• Pharmacy Management Services End-to-end pharmacy management service delivering tech-enabled pharmacy leadership to achieve financial, operational, and clinical goals for hospital and health system pharmacy operations.
• CPS TELEpharmacy 24/7/365 telepharmacy service providing Remote Order Entry & Verification and Transitions of Care programs that enhance pharmacy services across the continuum of care.
• 340B Program Services Comprehensive 340B program support delivering compliance-focused expertise, Apexus-Certified Experts, audits, transaction monitoring, and covered entity strategy consulting to protect community healthcare services.
• Pharmacy Consulting Services Pharmacy consulting services maximizing performance and minimizing risk with trusted pharmacy expertise, tech-backed leadership, and tailored support.
• Rehabilitation Services Rehabilitation department transformation service that delivers revenue-generating, patient-centered services through strategic growth initiatives and operational support.
• Supply Chain Services Supply chain optimization service that identifies, implements, and sustains optimized processes through effective and efficient materials management for lasting operational results.

Quantifiable outcome

• TherigySTM customers secured $875M+ in patient financial assistance in one year
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature8 records

Partnerships

Eleven partnerships are on record, tiered notable, core and minor.

• HonorHealthnotableTechnology or Integration · 30 November 2021Therigy integrated TherigySTM with HonorHealth's electronic health record system (EHR), providing specialty pharmacists with comprehensive, accurate, and real-time patient data through secure HL7 and API exchanges, enabling informed decisions that strengthen care and improve outcomes.
• Baptist Health South FloridanotableTechnology or Integration · 1 April 2021Therigy agreed to integrate TherigySTM with Baptist Health South Florida's EHR system, helping the health system significantly improve communications across multiple functions of its pharmacy and ensuring optimal patient therapeutic success through real-time bi-directional data exchange.
• UVA Health (University of Virginia)notableTechnology or Integration · 3 February 2021Therigy partnered with UVA Health Specialty Pharmacy to deliver a bi-directional EHR integration between TherigySTM and UVA's EHR system (Epic). The integration enables real-time exchange of patient data, improved patient safety, increased pharmacy staff productivity, and enhanced communication between pharmacy and providers.
• Therigy, LLCcoreOEM/ Whitelabel/ Licensing PartnerTherigy, LLC is an affiliate of CPS Solutions, LLC. Therigy provides patient-focused specialty therapy management software (TherigySTM™) and services, equipping pharmacy stakeholders with tools to standardize and scale patient management programs. Therigy's technology is a core component of CPS's specialty pharmacy solution offering.
• The Ohio State University College of PharmacycoreStrategic or Co-development PartnerCPS partners with The Ohio State University College of Pharmacy for its ASHP-accredited pharmacy residency programs. The partnership offers a combined PGY1/PGY2 Health System Pharmacy Administration residency with a Masters of Science degree in Health System Pharmacy Administration. CPS also supports a teaching certificate program through OSU.
• ASHP (American Society of Health-System Pharmacists)coreStrategic or Co-development PartnerCPS residency programs are ASHP-accredited. ASHP serves as the accrediting body for CPS's pharmacy residency programs including PGY1 Specialty Pharmacy, PGY1/PGY2 Health System Pharmacy Administration with Masters, and PGY2 Psychiatric Pharmacy residencies. Residents are eligible for ASHP membership as part of the program.
• Northwest Missouri Psychiatric Rehabilitation CenterminorStrategic or Co-development PartnerCPS partners with Northwest Missouri Psychiatric Rehabilitation Center for its PGY2 psychiatric pharmacy residency program, which has been in existence since 1980. Residents rotate through the center and affiliated sites including University Health and Kansas City VA.
• University of Missouri-Kansas City (UMKC) School of PharmacyminorStrategic or Co-development PartnerCPS partners with UMKC School of Pharmacy for the PGY2 psychiatric pharmacy residency program. Residents are eligible for a 12-month adjunct faculty appointment with UMKC and can participate in UMKC's teaching certificate program.
• Fulton State HospitalminorStrategic or Co-development PartnerFulton State Hospital in Fulton, Missouri sponsors an ASHP-accredited, multimodal, 1-year PGY2 Psychiatric Residency Program in affiliation with CPS. The program offers clinical and didactic opportunities in a state-of-the-art facility serving a diverse population with complex psychopathology.
• Center for Behavioral MedicineminorStrategic or Co-development PartnerThe Center for Behavioral Medicine in Kansas City, Missouri partners with CPS for its PGY2 psychiatric pharmacy residency program, previously known as the Western Missouri Psychiatric Pharmacy Residency Program, which has been operating since 1980 with over 50 graduates.
• UnitedHealth Group (Careers Portal)minorChannel Partner/ Reseller/ DistributorCPS uses the UnitedHealth Group careers portal for posting open positions and accepting job applications. External candidates are directed to careers.unitedhealthgroup.com to search and apply for CPS Solutions positions.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• CarepathRx: Hospital pharmacy services and technology provider offering pharmacy management, specialty pharmacy, and 340B solutions. Directly comparable to CPS's integrated hospital pharmacy business model.
• Sentry Data Systems: 340B program administration, analytics, and compliance platform serving hospitals and health systems. Directly competes with CPS's 340B program management offering.
• Shields Health Solutions: A leading hospital-owned specialty pharmacy services and technology provider serving health systems. Shields is CPS's closest direct competitor in the embedded specialty pharmacy + therapy management software space.
• Trellis Rx (Lighthouse outcomes): Hospital specialty pharmacy services and clinical program provider, now part of a larger health system services platform. Directly comparable to CPS's specialty pharmacy and therapy management line of business.
• Acentrus Specialty: Health-system-owned specialty pharmacy network and platform. Competes with CPS in supporting hospital-affiliated specialty pharmacy operations and patient access programs.
• QuVa Pharma: Specialty pharmacy services and outsourced sterile compounding provider for hospital and health system pharmacies. Comparable to CPS's pharmacy management and telepharmacy services.
• Craneware (Sentry Group): Healthcare revenue cycle and 340B management software provider, including 340B program compliance. Competes with CPS in the 340B software and consulting space for hospital customers.

Broad incumbents

• McKesson: Major pharmaceutical distributor with US Oncology / specialty distribution and pharmacy services arms. Competes broadly with CPS in hospital pharmacy technology and distribution services.
• Cardinal Health: Large pharmaceutical distributor and healthcare services provider with specialty pharmacy and hospital pharmacy solutions. Overlaps with CPS on hospital pharmacy management and specialty distribution.
• Walgreens Specialty Pharmacy: Large national specialty pharmacy provider competing with hospital-owned specialty pharmacies CPS supports. Overlaps on therapy management and patient access services, but with retail and PBM distribution scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat7 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInpr.linkedin.com/company/cpspharm
• Facebookfacebook.com/cpspharm
• Xx.com/CPSpharm
• Pinterestpinterest.com/cpspharm
• YouTubeyoutube.com/cpspharm

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

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 CPS