About RxSense
RxSense is a company based in Boston (United States) founded in 2014 by Rick Bates. RxSense has completed 1 acquisition, including FamilyWize. RxSense offers products and services including RxIQ® Enterprise, RxIQ® Business Intelligence, RxIQ® Price AI, and SingleCare®. RxSense operates in a competitive market with competitors including Express Scripts, Truveris, MedImpact Healthcare Systems, Prescryptive Health and Waltz Health, among others.
- Headquarter Boston, United States
- Founders Rick Bates
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Rxsense, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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- Investors
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Employee Count
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- Investments & Acquisitions
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Products & Services of RxSense
RxSense offers a comprehensive portfolio of products and services, including RxIQ® Enterprise, RxIQ® Business Intelligence, RxIQ® Price AI, and SingleCare®.
Cloud-based tool for fast and flexible claims adjudication.
Provides dashboards for PBM financial management and performance.
Automates pricing to optimize contract guarantees for businesses.
Offers direct-to-consumer prescription savings through a network.
People of RxSense
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Leadership Team
19 people
Software Development Team
12 people
Finance and Accounting
11 people
Sales and Marketing
9 people
Operations Team
6 people
Product Management Team
6 people
Service Team
5 people
Legal and Compliance
4 people
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Funding Insights of RxSense
Investors in RxSense
RxSense has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Parthenon Capital.
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Multiple sectors are invested in by this private equity fund.
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Investor details for RxSense
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
- Funding rounds
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by RxSense
RxSense has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FamilyWize.
Investment portfolio details for RxSense
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Prescription drug savings card and drug prices platform
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Complete acquisition details for RxSense
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - RxSense
Detailed financials for RxSense
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Rxsense Comparisons
Peer comparison for RxSense
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Competitors of RxSense
RxSense 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 Express Scripts, Truveris, MedImpact Healthcare Systems, Prescryptive Health and Waltz Health, among others.
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Pharmacy benefit management services are delivered through SaaS platforms.
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HealthTech Analytics and Validation platform
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Pharmacy benefit management solution for payers, providers and employers
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A platform for pharmacy benefit management solutions is provided.
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Prescription costs are managed via AI for payers and consumers.
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Services and consultancy for pharmacy benefit management are provided.
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Detailed competitors of RxSense
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- Domains and locations
- Full company profiles
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Latest news on Rxsense
Complete news archive for RxSense
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about RxSense
RxSense was founded in 2014 and raised its 1st funding round 6 years after it was founded.
RxSense is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Rick Bates is the current CEO of RxSense. They have also founded this company.
RxSense was founded in 2014 and is based in Boston, United States. Operations are focused on the healthcare sector, with pharmacy benefit management as the core area. Financial solutions are delivered to pharmacies for handling vendor contracts and inventory management. Price variations across suppliers are addressed to support operational efficiency in the pharmaceutical supply chain.
RxSense's top competitors include Truveris, Express Scripts and MedImpact Healthcare Systems.
RxSense offers RxIQ® Enterprise, RxIQ® Business Intelligence, RxIQ® Price AI, and SingleCare®.
RxSense has made 1 acquisition, including FamilyWize.
RxSense has 1 investor. Key investors include Parthenon Capital.