CareRx

Toronto, Canada Founded: 2001 • Age: 25 yrs Listed
CareRx is recognized as a leader in pharmacy services for seniors in Canada.

About CareRx

CareRx is a company based in Toronto (Canada) founded in 2001. It operates as a Managed Services and HealthTech. The company has 1,510 employees. CareRx has completed 3 acquisitions, including Hogan Pharmacy Partners, Rexall and SmartMeds Pharmacy. CareRx offers products and services including Pharmacy Services and Medication Management. CareRx operates in a competitive market with competitors including iMedX, Centivo, Omega Healthcare, Light Wave Dental and MultiPlan, among others.

  • Headquarter Toronto, Canada
  • Employees 1,510
  • Stage Public
  • Sectors
    Healthcare
  • Website category Health · Pharmacy
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website carerx.ca
  • Social LinkedIn X Facebook Instagram
  • Legal Name Carerx Corporation
Key Metrics
  • Annual Revenue
    $270.41 M (USD)
    0.96
    as on Dec 31, 2025
  • Net Profit
    $19.08 M (USD)
    0
    as on Dec 31, 2025
  • EBITDA
    $22.07 M (USD)
    13.4
    as on Dec 31, 2025
  • Employee Count
    1,510
  • Investments & Acquisitions

Products & Services of CareRx

CareRx offers a comprehensive portfolio of products and services, including Pharmacy Services and Medication Management.

Pharmacy Services
Healthcare

Pharmacy services are provided for senior care communities.

Medication Management
Healthcare

Medication management solutions are offered for safer resident care.

Funding Insights of CareRx

  • Total Rounds 2
  • First Round $11.5M

    (Jun 2020)

All 2 funding rounds of CareRx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021–Post-IPO––
–
Jun 2020$11.5MPost-IPO––
–

People of CareRx

19 people are tracked at CareRx (11 in leadership, 8 in team); the tracked headcount is 1,510.

NameRoleGroup
David Murphy
CEOLeadership
Sarah Peters
Director Client EngagementLeadership
Travis Featherstone
Chief Clinical OfficerLeadership
Henry Lee
Director, Pharmacy Services, Operational Support And CompoundingLeadership
Adrianne Sullivan-Campeau
Chief Employee And Customer Experience OfficerLeadership
Puneet Khanna
President And Chief Executive OfficerLeadership
Keith L. Mcintosh
DirectorLeadership
Alpinder Grewal
Chief Operating OfficerLeadership
Mark Tait
Director, Pharmacy TechnologyLeadership
Suzanne Brand
Chief Financial OfficerLeadership
Sheila Pratt
Regional Director Operations, Alberta And SaskatchewanLeadership
Amy Jarvenpaa
National Talent Acquisition ManagerTeam
James Davis
Clinical Pharmacy Manager, Bc, SKTeam
Christopher Leung
PharmacistTeam
Tina Cai
Manager, Tax And TreasuryTeam
Julie Hall
Manager, Project Management OfficeTeam
Anisa Shivji
Manager Of National Policy & Clinical ExcellenceTeam
Tina Patel
Manager, Compensation And BenefitsTeam
John Thai
Designated ManagerTeam
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IPO & Listings of CareRx

CareRx is a publicly listed company on the TSX with ticker symbol CRRX in Canada, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date01 Sep 2009
  • Listed onTSX: CRRX
  • Listed entityCareRx Corporation
  • Exchange sectorHealth services
  • ISINCA14173C1059
  • Share price3.28 CAD (-0.61% on the day) · 2026-10-09
  • Market capitalisation208,153,149.00 CAD
  • Price to earnings7.9
  • EPS (diluted, trailing year)0.42 CAD
  • Dividend yield2.5%
  • Volume (last session)2,667

Financials of CareRx

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025370.2M CAD26.1M CAD30.2M CAD
2024366.7M CAD-4.5M CAD26.6M CAD
2023370.8M CAD-5.4M CAD27.2M CAD
2022381.7M CAD-34.4M CAD27.7M CAD
2021262.6M CAD-22.7M CAD20.2M CAD
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Detailed financial statements for CareRx

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by CareRx

CareRx has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Hogan Pharmacy Partners, Rexall and SmartMeds Pharmacy.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Standalone pharmacy
hoganpharmacypartners.comCambridge, Canada2015Mar 2022β€’β€’β€’β€’
Healthcare services and pharmacy products are provided across Canada.
rexall.caMississauga, Canada1904Jun 2021β€’β€’β€’β€’
Chain of pharmacies
smartmeds.caBurlington, Canada1997Jan 2021$4.48M
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Complete acquisition details for CareRx

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  • Exports

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Timeline of CareRx

7 dated milestones of CareRx across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded CareRx is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $11.5M.
  4. Acquisition Acquires SmartMeds Pharmacy.
  5. Funding Latest funding round, Post-IPO,.
  6. Acquisition Acquires Rexall.
  7. Acquisition Acquires Hogan Pharmacy Partners.

Competitors of CareRx

CareRx 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 iMedX, Centivo, Omega Healthcare, Light Wave Dental and MultiPlan, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
imedx.com2002Atlanta, United States$22.28M951
Revenue cycle management platform is provided to healthcare providers.
centivo.com2017New York, United States$224M212
Provider of self funded health plan
omegahms.com2003Boca Raton, United States–26,750
Healthcare outsourcing services are provided to various sectors.
lightwavedental.com2010Woodbridge, United States$20.24M1,847
Dental practice brokerage services are provided to facilitate transactions.
multiplan.us1980New York, United States–2,800
Medical payment integrity and analytics services are provided by MultiPlan.
accesshealthcare.com2011Chennai, India$3.9M17,868
Provider of revenue cycle management, BPO, IT, and finance and accounting services
eyecare-partners.com2015Ballwin, United States––
Provider of revenue cycle management, staffing, marketing, and IT & business support services
rennovahealth.com1989West Palm Beach, United States$8.59M–
Software solutions for laboratory diagnostics are provided to healthcare.
vmghealth.com1995Dallas, United States–176
Healthcare transaction advisory services are provided by VMG Health.
conveyhealthsolutions.com2001Sunrise, United States––
Healthcare technology and outsourcing solutions are provided for health plans.
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Detailed competitors of CareRx

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of CareRx

The website of CareRx (carerx.ca) receives about 46.7K visits a month and ranks #724,974 among all websites worldwide, #1,315 in Pharmacy.

  • Monthly visits
    46.7K

    ▼ 10.6% vs previous month

  • Unique visitors
    30.8K

    per month

  • Global rank
    #724,974

    among all websites

  • Category rank
    #1,315

    Health · Pharmacy

Similar websites

Websites whose visitors overlap most with CareRx. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
apotex.com
100%
60.3K#457,120View details
southwesthealthline.ca
52%
–#594,821View details
google.com
26%
85.8B#1View details
raxtechnology.com
raxtechnology.com
25%
–#9,449,102–

Latest news on Carerx

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Complete news archive for CareRx

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Similar companies to CareRx

10 companies that operate in the same segment as CareRx (Healthcare Provider Support Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Emergency road ambulance services are provided for medical assistance.
1906Copenhagen, DenmarkUSD 1.59 B–105
Provider of self funded health plan
2017New York, New York, United StatesUSD 224 M–212
Emergency medical transportation and ambulance services are provided.
2016Hyderabad, Telangana, IndiaUSD 34.31 MUSD 8.57 M1,371
Provider of AI solutions for clinical, operational, and business outcomes
2005Princeton, New Jersey, United StatesUSD 1.07 B––
AMN Healthcare is recognized as a leading healthcare staffing provider.
1985San Diego, California, United States–USD 2.73 B2,970
Surgical facilities and ancillary services are operated nationwide.
2004Brentwood, United States–USD 3.31 B15,000
AI-powered software for radiology reporting and follow-up management is developed.
2018Berkeley, California, United StatesUSD 152.89 M–119
Health insurance platform for individuals
2019Mumbai, Maharashtra, IndiaUSD 13.7 MUSD 10.48 M109
Software solutions for laboratory diagnostics are provided to healthcare.
1989West Palm Beach, Florida, United StatesUSD 8.59 MUSD 18.69 M–
Collective health plans are enabled, sold, and managed in Brazil.
1997Sao Paulo, Brazil–USD 261.05 M1,560
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Frequently Asked Questions about CareRx

CareRx was founded in 2001 and raised its 1st funding round 19 years after it was founded.

CareRx is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

David Murphy is the current CEO of CareRx.

CareRx has 1,510 employees.

Annual revenue of CareRx is $270.41M as on Dec 31, 2025.

CareRx is established as Canadas trusted provider of specialty pharmacy services, focusing on long-term care, retirement, and congregate living communities. Services are delivered to enhance health outcomes for residents with complex medication needs. The company is dedicated to improving clinical results through personalized care and innovative solutions. Partnerships are formed with healthcare teams and home operators across various senior care sectors. Technology and expertise are provided to ensure safer and easier medication management. A national presence is maintained under one brand, ensuring consistent, high-quality service delivery across Canada.

CareRx's top competitors include Centivo, Access Healthcare and Rennova Health.

CareRx offers Pharmacy Services and Medication Management.

Yes, CareRx is publicly traded on TSX under the ticker symbol CRRX.

CareRx has made 3 acquisitions, including Hogan Pharmacy Partners, Rexall, and SmartMeds Pharmacy.

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