RxBenefits, Inc. | Company Profile
Contact Information
Industry & Market
Company Metrics
Funding Information
Headcount Distribution
By Department
Department Breakdown
Technology Stack
Analytics & Tracking
Social & Marketing
Video & Media
Email & Communication
Keywords & Focus Areas
RxBenefits, Inc.
Overview
RxBenefits, Inc. is a pharmacy benefits optimizer (PBO) that specializes in cost-containment solutions for self-insured employers. Founded in 1995 in Birmingham, Alabama, the company manages nearly $3 billion in annual pharmacy spend and serves close to 3 million members with a team of over 700 employees. The organization partners with benefits consultants and employers to optimize pharmacy benefits using a client-aligned, flat-fee model that prioritizes client success and cost efficiency.
The company offers a range of services, including a claims repricing platform to reduce pharmacy claims costs, an analytics platform for actionable insights into pharmacy spending, and clinical utilization management programs. Additionally, it provides online tools for brokers and plan members to enhance transparency and engagement. The company is committed to personalized service, treating each customer as an individual with unique needs, and emphasizes innovation and employee well-being through initiatives that encourage continuous improvement.
Basic Information
| Industry | insurance |
|---|---|
| Founded | 1995 |
| Revenue | $560M |
| Headquarters | 3700 Colonnade Parkway, Birmingham, Alabama, 35243, United States |
| Languages | English |
Contact Details
- Phone: +1 800-377-1614
- Website: rxbenefits.com
- LinkedIn: linkedin.com/company/rxbenefits-inc-
Key Focus Areas & Initiatives
- Pharmacy benefits
- Pharmacy administration
- Pharmacy consulting
- Employee benefit consultants
- Managing drug costs
- Pharmacy contracting
- Clinical management
- Carveout pharmacy arrangement
- Specialty drugs
- Lowering rx costs
- Pharmacy benefit management
- Insurance & employee benefit funds
- Cost savings strategies
- Pharmacy cost management
- Clinical solutions
- Clinical management solutions
- Pharmacy spend management
- Cost containment
- Formulary optimization
- User experience
- Data analytics
- Transparent PBM
- Drug spend reduction
- Drug spend reduction strategies
- Clinical oversight and review
- Drug management
- Distribution
- Clinical programs ROI
- B2B
- PBM alternatives
- Drug utilization management
- Cost containment strategies
- Clinical oversight
- Drug cost management
- Cost transparency
- Drug cost management solutions
- Clinical decision-making
- Clinical program results
- Clinical outcomes
- Cost-effective pharmacy benefits
- Independent pharmacy benefit management
- Healthcare
- Drug utilization review services
- Pharmacy network optimization
- Pharmacy contracts
- Pharmacy benefit consulting
- Clinical program evaluation
- Clinical utilization management
- Clinical programs
- Pharmacy network
- Independent pharmacy management
- Contract negotiation
- Clinical review process
- Drug cost containment
- Member safety
- Drug spend control
- Management consulting services
- Pharmacy benefit analytics
- Drug affordability
- Drug cost management tools
- Consulting
- Clinical oversight services
- Rebate management
- Independent clinical review
- Independent clinical expertise
- Specialty drug management
- Pharmacy benefits optimizer
- Pharmacy benefit design
- Clinical outcomes improvement
- Cost-effective drug use
- Pharmacy spend analytics
- Cost savings
- Pharmacy benefit transparency
- Clinical solutions provider
- Clinical program customization
- Drug management strategies
- Drug utilization review
- Drug cost reduction
- Pharmacy benefit innovation
- Clinical oversight expertise
- Contracting solutions
- Clinical expertise
- Member engagement
- Cost-effective formulary
- Clinical program guarantees
- Transparency
- Clinical decision support
- Data-driven insights
- Employee benefits
- Pharmacy pricing
- Drug affordability programs
- High-touch service
- Clinical decision-making tools
- Clinical program ROI
- Clinical program performance
- Clinical decision support tools
- Drug spend analytics
- Health care
- Health, wellness & fitness
- Hospital & health care
- SEO
- Information technology & services
- Financial services
Technologies Used
- ADP Workforce Now
- Amazon AWS
- Atlassian Cloud
- Atlassian Confluence
- Constant Contact
- DoubleClick
- DoubleClick Conversion
- Drupal
- Facebook Custom Audiences
- Facebook Login (Connect)
- Facebook Widget
- Google Dynamic Remarketing
- Google Tag Manager
- Gravity Forms
- Hotjar
- Jira
- Linkedin Marketing Solutions
- LiveRamp
- Microsoft Office 365
- Mobile Friendly
- Nginx
- Outlook
- Qualtrics
- React
- React Redux
- Remote
- Route 53
- Sage Intacct
- Salesforce
- The Trade Desk
- Vimeo
- WordPress.org
- reCAPTCHA