PwC US acquires Advanced Pharmacy Concepts

NORTH KINGSTOWN – PwC US has acquired substantially all of the assets of Advanced Pharmacy Concepts Inc., an independent Rhode Island-based pharmacy benefit consulting firm.

Advanced Pharmacy Concepts Inc. will become part of PwC’s human resource services practice, but the company, along with approximately 20 employees, will continue to be based in North Kingstown.

Financial terms of the transaction, which closed Dec. 12, were not disclosed.

Advanced Pharmacy Concepts Inc. was founded in 1997 by the late Kimberly P. McDonough. The company also provides pharmacy benefit management, commercial and Medicare D claim-assessment services, as well as fraud, waste and abuse analytics, market benchmarking and on-going performance monitoring.

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