Talyst 340B Company Becomes Verity Solutions

Dec 03, 2015, 14:29 ET from Verity Solutions

KIRKLAND, Wash., Dec. 3, 2015 /PRNewswire/ -- Healthcare technology company Talyst recently separated into two businesses, empowering each to focus more effectively on their unique markets. George Puckett will be President and CEO of the 340B business, rebranded as Verity Solutions. Carla Corkern will continue to lead the new pharmacy automation business, which will retain the Talyst name.

Verity Solutions can now focus exclusively on creating software and solutions to serve the needs of healthcare organizations eligible for drug discounts under federal regulations commonly referred to as "340B." The new, more targeted company will accelerate the pace of new product rollouts and feature upgrades for the 340B market.

There will be no change in the 340B services, support, or capabilities provided to customers, ensuring continuity as the transition is made. Soon, customers will see expanded solutions, new products and industry-leading service they can rely on.

Verity Solutions remains owned by the original long-term investors in the company, PineBridge Investments, Ignition Partners and OVP Venture Partners. They are deeply committed to growing the 340B business and are significantly investing in R&D, product innovation and service excellence.  George Puckett stated, "We are really excited about the opportunity to focus on enhancing our existing services and introducing some phenomenal cutting-edge products and services to benefit our customers."

Verity Solutions will continue to work with Talyst to serve the ongoing needs of joint customers. With Talyst focusing on technology that automates drug dispensing for pharmacies, and Verity Solutions on automating the process of maximizing 340B savings, there remains a continued mutual interest in developing complete solutions based on the their respective complementary products & services.

About Verity Solutions
Verity Solutions is a leading provider of 340B software and services, with hundreds of systems installed since 2002. Verity Solutions is driven to help healthcare organizations save money so they can extend care to those who need it most. With this announcement, Verity Solutions will be able to pursue that goal with even greater agility and effectiveness.

For more information, please visit www.Verity340B.com.

Verity Solutions is headquartered in Kirkland, WA, and will be exhibiting in booth 2155 at the 2015 ASHP Midyear Meeting & Exhibition in New Orleans, LA.


SOURCE Verity Solutions