RxSense
Cloud-based pharmacy benefit administration and prescription savings technology.
Company facts
- Founded
- 2015
- Employees
- 404
- Headquarters
- United States
- CEO
- Rick Bates
- Type
- Private
- Funding
- Private Equity · $885M · 2020
- Subsidiaries
- SingleCare, FamilyWize, Paramount Rx, Integris Rx
About
RxSense is a pioneering healthcare technology company focused on modernizing pharmacy benefit management (PBM) to improve access and affordability for consumers. Founded in 2015 by CEO Rick Bates, the company is headquartered in Boston, Massachusetts. RxSense builds innovative solutions that streamline operations for enterprises and partnership clients while simultaneously helping consumers save on their prescriptions. The company’s flagship product, SingleCare, acts as a pharmacy discount card that has helped people save more than $7 billion on prescriptions. By connecting various stakeholders in the pharmacy ecosystem, RxSense empowers Pharmacy Benefit Managers, pharmacies, pharma manufacturers, payers, and consumers. It delivers enhanced visibility into business performance and control over healthcare costs, ultimately driving better pharmacy benefit outcomes. With recognition from publications such as Forbes and Fast Company for its innovative approach, RxSense continues to lead efforts toward transparency and efficiency in the healthcare industry, making significant strides to improve the pharmacy experience for millions every day.