CarelonRx

Morristown, United States
CarelonRx is engaged in pharmacy benefit management services.

About CarelonRx

CarelonRx is a company based in Morristown (United States). It operates as a Managed Services, and HealthTech. CarelonRx has completed 1 acquisition, including CarelonRx. CarelonRx offers products and services including Pharmacy Benefit Management, Specialty Pharmacy Services, and Prior Authorization Support.

  • Headquarter Morristown, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of CarelonRx

CarelonRx offers a comprehensive portfolio of products and services, including Pharmacy Benefit Management, Specialty Pharmacy Services, and Prior Authorization Support. 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

Pharmacy benefits are managed for improved health outcomes.

Specialty medications are provided with dedicated member support.

Prior authorizations are facilitated for providers and members.

Funding Insights of CarelonRx

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

Investments & Acquisitions by CarelonRx

CarelonRx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CarelonRx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Pharmacy benefits are managed by CarelonRx to enhance health outcomes.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CarelonRx

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

Carelonrx Comparisons

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Competitors of CarelonRx

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 Carelonrx

Frequently Asked Questions about CarelonRx

Where is CarelonRx located?

CarelonRx is headquartered in Morristown, United States. It is registered at Morristown, New Jersey, United States.

What does CarelonRx do?

CarelonRx is involved in providing pharmacy benefit management services aimed at improving health outcomes and reducing costs. The company operates within the healthcare sector, focusing on delivering innovative solutions and clinical insights to members, providers, and plan sponsors. Digital tools are utilized to manage prescriptions, facilitate prior authorizations, and support specialty pharmacy needs. Collaboration with stakeholders is emphasized to address challenges and achieve value through cost savings and enhanced care delivery.

What products or services does CarelonRx offer?

CarelonRx offers Pharmacy Benefit Management, Specialty Pharmacy Services, and Prior Authorization Support.

How many acquisitions has CarelonRx made?

CarelonRx has made 1 acquisition, including CarelonRx.

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