About Magellan Rx
Magellan Rx is a Financial Services company based in Scottsdale (United States) founded in 2013, and was acquired by Prime Therapeutics in May 2022. Pharmacy Benefit Manager. Its chief executive, as recorded, is Sam Srivastava. Its website magellanrx.com draws about 16 thousand monthly visits. Its focus areas include Services for Health Insurers, Pharmacy Benefit Managers and Healthcare.
Company details
Magellan Health was founded in 2013 and is based in Scottsdale, United States. Operations center on pharmacy benefit management within the healthcare sector, where drug utilization is reviewed, claims are processed, and cost containment strategies are implemented for clients including insurers and government entities. Formulary development and network management are handled to ensure medication access across the U.S.
- Headquarters Scottsdale, United States
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Insurance
- Website magellanrx.com
- Social LinkedIn X
- Acquired by Prime Therapeutics (May 2022)
- Annual Revenue$23.37 K (USD)as on Dec 31, 2022
- Net Profit$2.67 K (USD)as on Dec 31, 2022
- Investors
- Acquired byPrime Therapeutics
(May 2022)
Investors in Magellan Rx
Magellan Rx has secured backing from 1 investor. Prominent investors backing the company include Prime Therapeutics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Pharmacy benefits are managed by Prime Therapeutics for better health. | 1987 | primetherapeutics.com | Eagan, United States |
Investor details for Magellan Rx
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Magellan Rx
1 people are tracked at Magellan Rx (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sam Srivastava | CEO | Leadership |
Complete people profiles for Magellan Rx
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Magellan Rx
2 dated milestones of Magellan Rx across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Magellan Rx is founded.
- Exit Acquired by Prime Therapeutics.
Web traffic of Magellan Rx
The website of Magellan Rx (magellanrx.com) receives about 15.6K visits a month and ranks #4,982,559 among all websites worldwide, #9,355 in Insurance.
- Monthly visits15.6K
▲ 385.6% vs previous month
- Unique visitors1.4K
per month
- Global rank#4,982,559
among all websites
- Category rank#9,355
Finance · Insurance
- Bounce rate46%
- Pages per visit1.9
- Average visit1 min 11 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with Magellan Rx. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| alliednational.com | 100% | 14.9K | #1,854,379 | View details | |
epal.desertschools.org | epal.desertschools.org | 50% | – |
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Magellan Rx (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Frequently Asked Questions about Magellan Rx
Magellan Rx was founded in 2013.
Magellan Rx is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Sam Srivastava is the CEO of Magellan Rx, as recorded in our data.
Annual revenue of Magellan Rx is $23.37K as on Dec 31, 2022.
Magellan Health was founded in 2013 and is based in Scottsdale, United States. Operations center on pharmacy benefit management within the healthcare sector, where drug utilization is reviewed, claims are processed, and cost containment strategies are implemented for clients including insurers and government entities. Formulary development and network management are handled to ensure medication access across the U.S.
Magellan Rx has 1 investor. Key investors include Prime Therapeutics.
Yes. Magellan Rx was acquired by Prime Therapeutics in May 2022.