BOCA RATON, Fla. — May 19, 2026 — Pillr Health, a leading provider of software and tech-enabled services that optimize pharmacy operations, today announced it has acquired CaptureRx, a 340B technology and services organization based in San Antonio, Texas. The acquisition expands Pillr Health’s platform of pharmacy solutions to support more than 500 hospitals, health systems and federally qualified health centers (FQHCs) nationwide. 

With this acquisition, CaptureRx’s customers gain access to Pillr Health’s comprehensive suite of services designed to strengthen the performance of their pharmacy programs and 340B initiatives amid an increasingly complex regulatory environment. Pillr Health’s integrated platform of software, analytics and advisory services provides them with split billing, contract pharmacy administration, entity-owned pharmacy management, referral capture, compliance support and pharmacy optimization programs.  

Skip Devanny, chief executive officer of Pillr Health, who will lead the combined organization, said: “We are proud to welcome and serve the hospitals, health systems and community health centers that have been supported by CaptureRx for more than 20 years. They are the front door to care for millions of Americans, and we are committed to advancing their important work with the full strength of our pharmacy solutions and expertise.”  

With CaptureRx, Pillr Health will expand its ability to support covered entities in strengthening their pharmacy programs as they navigate mounting requirements for the 340B federal drug pricing program. This program enables eligible hospitals, health systems and FQHCs to purchase outpatient medication at significantly reduced prices, generating savings that fund care for uninsured, low-income and vulnerable patients. 

About Pillr Health 

Pillr Health is dedicated to transforming health care through cutting-edge solutions that enhance efficiency, optimize resources and improve patient outcomes. The company specializes in 340B program administration, helping hospitals and health systems maximize performance in the federal outpatient drug pricing program, which provides discounts to organizations serving uninsured, low-income and vulnerable patient populations. Headquartered in Boca Raton, Florida, Pillr Health serves more than 500 health care organizations nationwide through its comprehensive platform of software, analytics and managed pharmacy offerings. 

Manually pulling in rejected and qualified claims in the TPA database is a critical step in capturing eligible 340B savings that may have been missed due to unmatched prescription data. Claims can fail to match automatically to an EMR (Electronic Medical Record) or ERX (Electronic Prescription) record due to discrepancies in provider documentation, timing issues, or data entry errors. By reviewing and manually adjudicating these claims, covered entities (CEs) can identify encounters that still meet 340B eligibility requirements but were not captured through automated matching. This practice ensures the entity maximizes its 340B benefit while maintaining program compliance.

Furthermore, this manual reconciliation process supports stronger audit preparedness and data integrity. By documenting the rationale for qualifying claims and ensuring proper linkage to eligible encounters, CEs can provide a defensible audit trail. It also helps identify patterns in rejected claims that may point to workflow or system issues, allowing for targeted improvements. Ultimately, consistently reviewing and processing unmatched claims manually helps optimize program performance while upholding the accuracy and accountability essential in 340B operations.

Pillr Health is proud to share that we are now officially registered as a Medicare Transaction Facilitator (MTF) Third-Party Support Entity (TPSE) with the Centers for Medicare & Medicaid Services (CMS).

This milestone underscores Pillr Health’s role as a trusted partner in helping covered entities, pharmacies, and manufacturers navigate the evolving requirements of the Inflation Reduction Act (IRA) Maximum Fair Price (MFP) program.

Our technology and compliance platform is built to simplify complex processes—delivering seamless support across effectuation and reconciliation. In addition, Pillr Health has completed setup with the National Council for Prescription Drug Programs (NCPDP) as a Pharmacy Remit, Reconciliation, and Payment Vendor, further streamlining both operational and financial processes.

We remain committed to advancing solutions that empower healthcare organizations to thrive in today’s rapidly changing landscape.