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Xerox Buys Health Care Company

Xerox has acquired a Massachusetts based company which provides patient access and reimbursement services for more than 17 major pharmaceutical companies.

Xerox has acquired inVentive Patient Access Solutions. Xerox officials say the purchase will expand the company's pharmacy solutions portfolio.

Xerox industry leader for Pharmaceuticals and Life Sciences, Steve Roden, says with the acquisition, his company will expand affordable access to medications.

inVentiv Patient Access Solutions, or iPAS, will operate under TMS Health, a Xerox division which is one of the largest providers of customer care, medical information and sales support to the pharmaceutical, biotech and life sciences industries.

Terms of the deal were not released.

Randy Gorbman is WXXI's director of news and public affairs. Randy manages the day-to-day operations of WXXI News on radio, television, and online.