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RxSense Announces Investment From Parthenon Capital

RxSense Announces Investment From Parthenon Capital

05/12/20, 1:03 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgboston
RxSense, a high-growth healthcare technology company that utilizes its proprietary technology platform to provide innovative prescription savings solutions to consumers and pharmacy benefits administration and analytics to enterprise customers, announced a significant investment by Parthenon Capital, a growth-oriented private equity firm that has managed funds with more than $5 billion in total capital commitments. Proceeds from the transaction will be used for various growth initiatives. Terms of the investment were not disclosed.

Company Info

Company
Rx Sense
Location
boston, massachusetts, united states
Additional Info
RxSense® is a healthcare technology company developing industry-leading solutions that improve transparency and access to more affordable medications for millions across America. SingleCare® is a free prescription savings service available through its mobile app or discount cards available on Singlecare.com that can save consumers up to 80% on their prescriptions. FamilyWize® is a prescription savings service that partners with some of the most respected community groups and healthcare providers in the country, including United Way Worldwide and the American Heart Association. RxSense's transformative RxAgile® enterprise solution brings transparency, flexibility and efficiency to pharmacy benefit administration, serving pharmacy benefit managers, regional health plans, health systems, third party administrators, new healthcare technology companies, and new healthcare and pharmacy entrants. RxSense’s vertically integrated business, including its own proprietary technology for claims management and adjudication and direct contracts with the nation’s largest pharmacies (including CVS, Walmart and Walgreens), allows it to deliver consistently low prices on prescription drugs to improve the access and adherence to medication for people across America. RxSense is headquartered in Boston with offices in New York City, greater Philadelphia and West Palm Beach, Fla. For more information, visit rxsense.com.

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