RxSense
Company type | Private |
---|---|
Founded | 2015 |
Founder | Rick Bates |
Headquarters | Boston, Massachusetts, U.S. |
Number of employees | 250 (2022) |
Website | rxsense |
RxSense is a United States based health care company.[1][2][3]
History
[change | change source]RxSense was founded in 2015 by Rick Bates.[4] The company focuses on technology for better health care and affordable medications.[5][6] Rick has previously served as the President and COO of Catalyst Health Solutions.[7] RxSense partners include ProAct, TroyRx and EmsanaRX, among others.[8][9][10] In 2020, RxSense received an investment from Parthenon Capital, but the amount was not disclosed.[11][12][13][14]
SingleCare, a subsidiary of RxSense, is a free to use service that helps people save money on prescription medicines.[15][16][17] In 2020, SingleCare partnered with WebMD to create WebMDRx, to give customers better access to lower-priced prescription drugs.[18] In 2021, FamilyWize merged with SingleCare Services and now operates under the SingleCare brand.[19] In 2021, Martin Short partnered with SingleCare for TV ads promoting lower cost medicines.[20][21] Bates received the Entrepreneur of the Year Award in 2018 for his work in SingleCare.[22]
RxAgile is a cloud-based platform and was the first product developed by RxSense.[23]
References
[change | change source]- ↑ FinSMEs (2020-05-12). "RxSense Receives Investment from Parthenon Capital". FinSMEs. Retrieved 2023-06-25.
- ↑ "Antares Supports Parthenon Capital's Investment in RxSense". ABFJournal. July 9, 2020. Retrieved 2023-06-25.
- ↑ "New Hires in RxSense Technology Leadership Team, Includes Indian-Americans". siliconindia. February 19, 2020. Retrieved 2023-06-25.
- ↑ "Rick Bates: An Innovative Trailblazer Re-Envisioning Pharmacy Benefits". CIO Look. 2022-04-25. Retrieved 2023-06-25.
- ↑ "SingleCare CEO on the rising number of Americans turning to prescription drug delivery amid coronavirus crisis". Yahoo Finance. Retrieved 2023-06-25.
- ↑ Wehrwein, Peter (February 2, 2023). "Rick Bates of RxSense Talks Collab With Mark Cuban's Cost Plus Drugs, Direct-To-Consumer Business and More". Managed Healthcare Executive. Retrieved 2023-06-25.
- ↑ "The CEO Views - Top Trending Online News Magazines". The CEO Views. 2022-09-29. Retrieved 2023-06-25.
- ↑ "ProAct brings on RxSense to enhance pharmacy benefits solutions". CDR – Chain Drug Review. 2021-09-14. Retrieved 2023-06-25.[permanent dead link]
- ↑ "TroyRx Delivers More Prescription Savings and Options to Patients Through Partnership with RxSense". Mainline Media News. 2021-05-13. Retrieved 2023-06-25.
- ↑ "EmsanaRx Selects RxSense to Power Its PBM for Large Employers". Yahoo. May 2, 2022. Archived from the original on 2022-12-02. Retrieved 2023-06-25.
- ↑ "RxSense Announces Investment From Parthenon Capital". Parthenon Capital. May 12, 2020. Retrieved 2023-06-25.
- ↑ Tezuka, Maera (May 12, 2020). "Parthenon Capital invests in healthcare technology company RxSense". www.spglobal.com. Retrieved 2023-06-25.
- ↑ "Antares Supports Parthenon Capital's Investment in RxSense - News | ABL Advisor". www.abladvisor.com. Retrieved 2023-06-25.
- ↑ "Kirkland Advises Parthenon Capital on Strategic Investment in RxSense | News | Kirkland & Ellis LLP". www.kirkland.com. Retrieved 2023-06-25.
- ↑ D'Ambrosio, Daniel (August 12, 2019). "Boston Startup Signs Up Millions For Lower Prescription Drug Costs". Forbes. Retrieved 2023-06-25.
- ↑ Thimou, Theo (November 17, 2020). "6 Things to Know Before You Use SingleCare". Clark Howard. Retrieved 2023-06-25.
- ↑ "RxSense CEO Rick Bates: Seeking growth and lasting success". OncLive. Retrieved 2023-06-25.
- ↑ Galella, Alyssa (January 14, 2020). "SingleCare Partners With WebMD to Launch WebMDRx, Offering Consumers up to 80% Savings on Prescription Drugs". AP. Retrieved 2023-06-25.
- ↑ "Nonprofits' Prescription Plans Unites Under SingleCare Brand". The Nonprofit Times. April 26, 2021. Retrieved 2023-06-25.
- ↑ Lepitak, Stephen (December 22, 2021). "Martin Short Has a Dream About Lower-Cost Medicines as He Fronts SingleCare Campaign". Adweek. Retrieved 2023-06-25.
- ↑ "A look at prescription drugs prices in 2022 — and how pharmacists want to help". Employee Benefit News. 2022-03-25. Retrieved 2023-06-25.
- ↑ "People on the Move: Rick Bates". Boston Business Journal. July 18, 2018. Retrieved 2023-06-25.
- ↑ "RxSense Brings on Hy-Vee as Newest Client of Industry-Leading RxAgile Enterprise Platform". AITHORITY. December 4, 2020. Retrieved 2023-06-25.