RxSense | Company Profile

Company Directory for RxSense

RxSense

Overview

RxSense is a HealthTech company founded in 2014 by Rick Bates. It specializes in modernizing pharmacy benefit management (PBM) through innovative software solutions aimed at lowering costs and improving access to prescription medications. The company develops products that serve various stakeholders, including PBMs, pharmacies, pharmaceutical manufacturers, payers, and consumers, optimizing pharmacy-related processes and outcomes.

One of its key offerings is SingleCare, a prescription savings brand that provides competitive prices for consumers while driving profitable volume to pharmacy partners. The company enhances claims adjudication and business performance visibility for established PBMs and pharmacy owners, delivering custom pharmacy programs that help capture new revenue and retain customers. RxSense also collaborates with major healthcare organizations and is involved in significant partnerships like powering ProAct and supporting Walgreens’ Digital Marketplace. With a strong focus on integrating advanced AI and analytics into its operations, RxSense is positioned as a leader in transforming pharmacy benefit management and improving access to medications.

Basic Information

Industry hospital & health care
Founded 2015
Revenue 45M
Headquarters 99 High Street, Boston, Massachusetts, United States, 02110
Languages English
Alexa Ranking 331689

Contact Details

Key Focus Areas & Initiatives

  • pharmacy benefits
  • healthcare technology
  • healthcare innovation
  • hospitals & health care
  • healthcare outcomes
  • cost savings
  • digital pharmacy innovation
  • ai & analytics accelerator
  • market leader in digital pharmacy
  • ai-powered pricing tools
  • prescription discount platforms
  • saas
  • cost control tools
  • operational efficiency
  • pharmacy analytics
  • computer systems design and related services
  • full automation in pbm
  • formulary strategies
  • health system solutions
  • ai modeling techniques
  • digital pharmacy
  • adjudication engines
  • formulary automation
  • automated claims processing
  • ai automation
  • data-driven insights
  • analytics
  • insourcing pbm services
  • b2b
  • marketplace analytics
  • machine learning
  • health insurance
  • services
  • drug pricing optimization
  • digital health
  • drug cost management
  • information technology
  • pharmacy benefit platform integration
  • pharmacy benefit management
  • data analytics
  • consumer savings programs
  • drug utilization analytics
  • data security
  • d2c
  • pharmaceuticals
  • cloud computing
  • healthcare
  • business intelligence
  • healthcare automation
  • formulary management
  • retail
  • consumer engagement
  • ai-driven pricing
  • e-commerce
  • cost transparency
  • b2c
  • collaborative analytics development
  • consumer prescription savings
  • real-time claims processing
  • cloud-native platform
  • healthcare cost reduction
  • pbm solutions
  • rxiq
  • enterprise solution
  • adjudication engine
  • analytics platform
  • pricing ai
  • automate pricing optimization
  • autosave
  • integrated benefits
  • savings genius
  • pharmacy solutions
  • discount cards
  • white label rx savings
  • direct-to-consumer savings
  • claim adjudication
  • data integration
  • real-time analytics
  • pharmacy revenue
  • pricing optimization
  • pharmacy benefits ecosystem
  • savings programs
  • cost-saving technology
  • affordable medications
  • consumer marketing
  • prescription savings
  • behavioral modeling
  • healthtech
  • collaboration with pharmacies
  • insurance integration
  • market insights
  • patient adherence
  • pharmacy networks
  • cost-plus pricing
  • pharmacy management software
  • turnkey programs
  • prescription discount cards
  • hipaa compliance
  • real-time price comparison
  • patient care management
  • enterprise software solutions
  • ai pricing technology
  • analytics dashboard
  • prescription drug pricing
  • competitive pricing strategies
  • telemedicine solutions
  • pharmacy workflow optimization
  • clinical decision support
  • consumer products & retail
  • computer software
  • information technology & services
  • artificial intelligence
  • health, wellness & fitness
  • computer & network security
  • medical
  • enterprise software
  • enterprises
  • health care
  • consumer internet
  • consumers
  • internet

Technologies Used

  • AI
  • Amazon AWS
  • Amazon SES
  • Android
  • Atlassian Cloud
  • Flywheel
  • Gmail
  • Google Analytics
  • Google Apps
  • Google Cloud Hosting
  • Google Font API
  • Google Maps
  • Google Tag Manager
  • Greenhouse.io
  • Linkedin Marketing Solutions
  • Microsoft Office 365
  • Mimecast
  • Mobile Friendly
  • MongoDB
  • New Relic
  • Remote
  • Route 53
  • Varnish
  • Vimeo
  • Wix
  • WordPress.org
  • YouTube

Affiliated Organizations & Regional Branches