Rx Savings Solutions provides a HIPAA-security-compliant, patented engagement software system that enables employers and employees to purchase prescription drugs and receive proactive, personalized recommendations to optimize therapies. The company uses clinical expertise to identify savings opportunities for employers, employees and health plans. It serves self-insured businesses, employer groups, health plans and their members nationwide. Clients named in the article include Blue Cross and Blue Shield of Kansas City, Quest Diagnostics, Berkshire Hathaway Media Group, the State of Kansas Employee Health Plan, Teachers Health Trust, West Virginia Public Employees Insurance Agency and American Century Investments. Led by pharmacist-founder and CEO Michael Rea, the company plans to expand its sales and marketing efforts and invest in additional software functionality. The article reports the company secured new funding to support those plans.

Total raised

$18M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2017