Rx Savings Solutions Revenue and Competitors

Location

$21.1M

Total Funding

Health

Industry

Estimated Revenue & Valuation

  • Rx Savings Solutions's estimated annual revenue is currently $110.8M per year.(i)
  • Rx Savings Solutions received $18.4M in venture funding in November 2017.
  • Rx Savings Solutions's estimated revenue per employee is $342,900
  • Rx Savings Solutions's total funding is $21.1M.

Employee Data

  • Rx Savings Solutions has 323 Employees.(i)
  • Rx Savings Solutions grew their employee count by 18% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$685.7M993-1%$910.3M$10.7B
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Rx Savings Solutions is a web-based healthcare consumerism software providing proven results to save employers, employees, and health plans money on prescription medications. We offer a unique and personalized experience for each member, eliminating complexity during their decision making process and providing them with the information they need to save money. We work vigorously to empower the consumer and change behavior that has been developing over decades in a complex and tumultuous healthcare environment. Our solution is Proactive, Patented and Proven. Were so confident that the solution will work for prospective companies the way it has worked for current clients that we guarantee savings. Our patented Software-as-a-Service solution collects medication claim information and runs the information through a set of proprietary algorithms. Custom savings suggestions are generated for each health plan member providing them a roadmap to savings. Founded by a pharmacist who understands the inside track, Rx Savings Solutions is made up of a team of expert clinicians, technical engineers, and former pharma insiders. We have the experience and expertise to make a meaningful difference to your bottom line empowering people with the right information at the right time. Rx Savings can help attack the most predictable and repeatable spend in healthcare changing the mindset of your health plan population, while saving you money, guaranteed!

keywords:Finance,Fitness and Wellness,Healthcare,Human Resources Hr,Pharmaceuticals

$21.1M

Total Funding

323

Number of Employees

$110.8M

Revenue (est)

18%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Rx Savings Solutions News

2022-04-06 - The List: Meet KC's private equity and venture capital firms ...

... Element Medical Imaging; Jiseki Health; National Medical Funding Services; Preferred Health Professionals LLC; Rx Savings Solutions...

2022-03-22 - 2021 CLIENT RENEWALS AND 2022 LAUNCHES HELP RX ...

Founded by a pharmacist, Rx Savings Solutions helps people and payers reduce prescription drug costs through a combination of clinical...

2021-07-21 - Former Cerner Executive Mike Nill Joins Rx Savings Solutions as Strategic Advisor

OVERLAND PARK, Kan., July 21, 2021 /PRNewswire/ -- Rx Savings Solutions, the market-leading tool for pharmacy transparency, today announced that Mike Nill, former Chief Operating Officer at Cerner, has joined the company as a Strategic Advisor. Nill will help support Rx Savings Solutions' rapi ...

2021-06-23 - Rx Savings Solutions To Create 100 Jobs Through 2021

OVERLAND PARK, Kan., June 23, 2021 /PRNewswire/ -- Rx Savings Solutions, the market leading tool for pharmacy transparency, has announced plans to hire an additional 100 employees between now and December 31, 2021. The aggressive effort is spurred by explosive growth – expected to be greater t ...

2017-12-05 - Rx Savings Solutions raises $18.4M to further goal of helping people save money on prescriptions

The expense became so burdensome for one patient that she asked Rea which of her eight medications she should skip. Rea went home, did a bit of digging and found a way for her to save $250 per month (or $3,000 per year) on her prescriptions. That situation was why Rea founded Rx Savings Solutio ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$86.6M3303%N/A
#2
$67.2M336-9%N/A
#3
$86.9M339-2%N/A
#4
$142.9M3546%N/A
#5
$75M3688%N/A

Rx Savings Solutions Funding

DateAmountRoundLead InvestorsReference
2017-11-28$18.4MUndisclosedMcCarthy CapitalArticle