BioPlus Specialty Pharmacy

Altamonte Springs, United States Founded: 1989 • Age: 37 yrs Acquired By Elevance Health
Digital telecommunication system is provided for patients and providers.
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About BioPlus Specialty Pharmacy

BioPlus Specialty Pharmacy is a company based in Altamonte Springs (United States) founded in 1989 was acquired by Elevance Health in February 2023.. The company has 381 employees as of December 31, 2022. BioPlus Specialty Pharmacy offers products and services including Personalized Support, Financial Assistance, and Infusion Services. BioPlus Specialty Pharmacy operates in a competitive market with competitors including Vocera, OptimizeRx, Spok, HealthCrowd and Paubox, among others.

  • Headquarter Altamonte Springs, United States
  • Employees 381 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $313.86 K (USD)
    -61
    as on Dec 31, 2023
  • Net Profit
    $-121.93 K (USD)
    -47
    as on Dec 31, 2023
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    381

    as on Dec 31, 2022

  • Acquired by
    Elevance Health

    (Feb 15, 2023)

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Products & Services of BioPlus Specialty Pharmacy

BioPlus Specialty Pharmacy offers a comprehensive portfolio of products and services, including Personalized Support, Financial Assistance, and Infusion Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Guidance for managing chronic conditions and medications.

Programs to help save on specialty pharmacy costs.

Administration of therapies for chronic illnesses.

People of BioPlus Specialty Pharmacy
Headcount 200-500
Employee Profiles 63
Employee Profiles
People
Bill Cook
VP, Sales Strategy & Development
People
Carl Sigel Bba
Account Manager
People
Rocco Guglielmo
Sales Specialist
People
Luis Torres
Contract Director, Rx Senior

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Funding Insights of BioPlus Specialty Pharmacy

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BioPlus Specialty Pharmacy

BioPlus Specialty Pharmacy has secured backing from 1 investor. Prominent investors backing the company include Elevance Health. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Internet first health insurance provider offering healthcare plans
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BioPlus Specialty Pharmacy

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BioPlus Specialty Pharmacy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bioplus Specialty Pharmacy Comparisons

Employees
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Competitors of BioPlus Specialty Pharmacy

BioPlus Specialty Pharmacy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vocera, OptimizeRx, Spok, HealthCrowd and Paubox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based messaging and workflow solutions are delivered for healthcare providers.
domain founded_year HQ Location
Cloud-based platform enables hospital point-of-care communication management.
domain founded_year HQ Location
Secure messaging and clinical alerting solutions are provided for healthcare.
domain founded_year HQ Location
AI and cloud-based platform is provided for healthcare provider communications.
domain founded_year HQ Location
Cloud-based email encryption solutions are provided for healthcare providers.
domain founded_year HQ Location
HIPAA-compliant secure messaging is delivered for healthcare communications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bioplus Specialty Pharmacy

Frequently Asked Questions about BioPlus Specialty Pharmacy

When was BioPlus Specialty Pharmacy founded?

BioPlus Specialty Pharmacy was founded in 1989.

Where is BioPlus Specialty Pharmacy located?

BioPlus Specialty Pharmacy is headquartered in Altamonte Springs, United States. It is registered at Altamonte Springs, Florida, United States.

How many employees does BioPlus Specialty Pharmacy have?

As of Dec 31, 2022, the latest employee count at BioPlus Specialty Pharmacy is 381.

What is the annual revenue of BioPlus Specialty Pharmacy?

Annual revenue of BioPlus Specialty Pharmacy is $313.86K as on Dec 31, 2023.

What does BioPlus Specialty Pharmacy do?

BioPlus Specialty Pharmacy was founded in 1989 and is headquartered in Altamonte Springs, United States. Operations are focused on the healthcare sector, where specialty pharmacy services are delivered through a digital telecommunication system. This system facilitates communication between patients and providers, supporting medication management and care coordination. Services are extended across the United States, emphasizing efficient access to specialized treatments.

Who are the top competitors of BioPlus Specialty Pharmacy?

BioPlus Specialty Pharmacy's top competitors include Vocera, OptimizeRx and HealthCrowd.

What products or services does BioPlus Specialty Pharmacy offer?

BioPlus Specialty Pharmacy offers Personalized Support, Financial Assistance, and Infusion Services.

Who are BioPlus Specialty Pharmacy's investors?

BioPlus Specialty Pharmacy has 1 investor. Key investors include Elevance Health.

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