RxBenefits Revenue and Competitors
Estimated Revenue & Valuation
- RxBenefits's estimated annual revenue is currently $288M per year.
- RxBenefits's estimated revenue per employee is $378,000
Employee Data
- RxBenefits has 762 Employees.
- RxBenefits grew their employee count by 18% last year.
RxBenefits Competitors & Alternatives
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $288M | 762 | 18% | N/A | N/A |
#2 | $69.8M | 235 | N/A | N/A | N/A |
#3 | $17.7M | 88 | 11% | N/A | N/A |
#4 | $4M | 25 | 9% | N/A | N/A |
#5 | $5.1M | 33 | 32% | N/A | N/A |
#6 | $5.1M | 33 | -15% | N/A | N/A |
#7 | $4.3M | 28 | 22% | N/A | N/A |
#8 | $4.3M | 28 | 155% | N/A | N/A |
#9 | $13.9M | 69 | 28% | N/A | N/A |
#10 | $6.9M | 39 | 15% | N/A | N/A |
What Is RxBenefits?
RxBenefits is a full-service pharmacy benefits advisory firm, serving employee benefit consultants and their self-insured, mid-market employer clients for more than 22 years. Our client-focused pharmacy model offers aggregate pricing, concierge service and independent, strategic clinical management that clients won't get with any other pharmacy administrator. We combine the purchasing power of a Fortune 100 company, while providing the level of service and clinical management youd expect from a smaller pharmacy benefit manager (PBM). Consolidation in the PBM industry has created a cost, service and clinical void in the PBM marketplace for mid-market employers. The RxBenefits core business model involves leveraging traditional PBM functions from our PBM Partners and tailoring those for our middlemarket clients with a degree of separation, so we can focus on your client's needs. With our expertly managed, independent approach, clients experience an average 2.7% annual drug trend, compared to 10.3% nationally.
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Total Funding
762
Number of Employees
$288M
Revenue (est)
18%
Employee Growth %
N/A
Valuation
N/A
Accelerator
RxBenefits News
RxBenefits Inc. Warren Averett - Birmingham. RELATED: See the 2021 Best Places to Work. In This Article. Avadian Credit Union Company...
Before joining RxBenefits, Caron was chief executive officer at Geneia, a subsidiary of Capital BlueCross, that provided analytic solutions and...
Knowing consumers are willing to change jobs to secure medication coverage, it's imperative employers identify ways to reduce the cost of pharmacy benefits without reducing value and care for employees. BIRMINGHAM, Ala. (PRWEB) August 24, 2021 Today, RxBenefits, the employee benefits industry’ ...
Joining forces with Confidio marks the beginning of an exciting new chapter for RxBenefits as we advance our strategic vision to deliver a more affordable, clinically superior prescription benefit for the good of both plan sponsors and healthcare consumers. BIRMINGHAM, Ala. and TOWSON, Md. (PRW ...
With the addition of these tenured industry leaders, our company will continue to innovate the pharmacy benefits industry and provide unprecedented service to clients. BIRMINGHAM, Ala. (PRWEB) June 29, 2021 RxBenefits, the employee benefits industry’s first and only technology-enabled pharmacy ...
Other Companies in Birmingham
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $220.7M | 772 | N/A | N/A |
#2 | $15M | 797 | 23% | N/A |
#3 | $313.9M | 813 | 2% | $42.4M |
#4 | $186.2M | 816 | 1% | N/A |
#5 | $322.8M | 854 | N/A | N/A |
