Extra, extra -- our May #newsletter is here! Read all about our upcoming #webinar with Kevin Sundquist (VP of Product Management) highlighting the journey of a pharmacy claim during the adjudication process, Bridget Mulvenna's (VP of Business Development) tips for managing #pharmacybenefit spend in a #GLP1 world, our latest #AstonishingHealthcare podcast with A. J. Loiacono and Antonio Ciaccia, and our clinical team's presentation on their study's findings about the impact of point-of-sale duplicate therapy safety alert on concomitant DPP-4 inhibitor and GLP-1 agonist use. Add this to your #weekendreading list, and don't forget to subscribe!
Capital Rx
Hospitals and Health Care
New York, NY 63,053 followers
Affordable Pharmacy Benefits, Powered by Modern Infrastructure.
About us
Capital Rx is a healthcare technology company advancing our nation’s electronic healthcare infrastructure to improve drug price visibility and patient outcomes. As a Certified B Corp™, the company is executing its mission through the deployment of JUDI®, Capital Rx’s cloud-native enterprise health platform, and an efficient Single-Ledger Model™, which increases visibility and reduces variability in drug prices. JUDI connects every aspect of the pharmacy ecosystem in one platform, servicing over 2.4 million members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of pharmacy benefits and rebuilding trust in healthcare. To learn more, visit capitalrx.com.
- Website
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https://cap-rx.com
External link for Capital Rx
- Industry
- Hospitals and Health Care
- Company size
- 501-1,000 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2017
- Specialties
- pharmacy benefit management, healthcare analytics, benefit strategy, claim adjudication, clinical services, plan implementation, health technology, group purchasing, pharmacy benefit administration, retail network management, and platform as a service
Products
Locations
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Primary
285 Fulton St
New York, NY 10007, US
Employees at Capital Rx
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Jeffrey Jollon
Senior Finance Executive | Healthcare Services | PBM
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Feby Abraham
Executive Vice President, Chief Strategy and Innovations Officer at Memorial Hermann Health System, Former McKinsey Partner
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Robert Mittendorff, MD, MBA
General Partner and Head of Healthcare at B Capital
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Sanjay Mahadi
VP, AI & Engineering @ Capital Rx
Updates
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Episode 20 of #AstonishingHealthcare is packed with information about #drugprices and the forces that drive them in the United States. It was a minor miracle that schedules lined up for this one, and A. J. Loiacono and Antonio Ciaccia could join us to share their insights and explain why #NADAC is a "ray of sunshine" (i.e., source of #truth) in an otherwise murky but essential part of the pharmaceutical #supplychain. They discuss: ↘️ The changes to NADAC and why we're seeing [substantial] deflationary pressure 💡 The unique aspects of NADAC that make it broadly helpful to the market 🔎 Why drug prices behave unlike the price of any other goods in our economy 🎧 Listen to the full episode here: https://okt.to/hAOp0j
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Exciting news – we are sponsoring the New York City FC's game against the San Jose Earthquakes on May 31! ⚽️ The theme of this game – 𝗰𝗵𝗮𝗺𝗽𝗶𝗼𝗻𝗶𝗻𝗴 𝗵𝗲𝗮𝗹𝘁𝗵𝗶𝗲𝗿 𝗹𝗶𝘃𝗲𝘀 – ties to one of our partnership with NYCFC's central pillars. To that end, we are happy to host #HRLeaders in the #NYC region who have carried on that mission. Grab a discounted ticket today and join us at #YankeeStadium for the game! We would ❤️ to see you there. #HealthyLiving #employeebenefits https://okt.to/bM5Ktk
Capital Rx 2024 Exclusive Healthy Lives Offer!
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In How to Manage Pharmacy Benefit Spend in a GLP-1 World, Bridget Mulvenna (VP, Business Development) shares her personal insights and experience as a pharmacy program director. She explains why the decision to cover them is such a quandary - and "personal" decision - for plans and #plansponsors, and offers some suggestions to better manage GLP-1-related expenses. Dive into the article and learn why GLP-1s deserve so much time and attention, including how: 🔎 #PriorAuthorization may help with managing GLP-1 spend, especially if they are covered for weight loss 📈 Unexpected costs can be limited by discouraging the usage of GLP-1s for cosmetic weight loss 💰 Implementing #coinsurance when GLP-1s are covered for weight loss may help offset plan sponsor costs and aid adherence Check out the article today! (h/t Nicole Bergman, PharmD and our #clinicalteam for their collaboration) #knowledgeexchange #pharmacybenefits #GLP1s
How to Manage Pharmacy Benefit Spend in a GLP-1 World | Capital Rx
cap-rx.com
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In addition to the technological capabilities underpinning our Medicare Prescription Payment Plan (#M3P) solution, Capital Rx brings another important factor to the table: experience working with Centers for Medicare & Medicaid Services. We are prepared to be as active a partner as Medicare Part D plan sponsors need to ensure member satisfaction and program compliance. Listen to Ryan Kelly, our Chief Technology Officer, explain this further during a live demo he hosted with Jason Barretto 🇺🇦 (VP, Government Program Operations) showcasing our M3P solution in JUDI®! If you're a health plan executive and are still weighing options for your M3P solution, don't wait. Get in touch with our team and see what we're working on today! https://okt.to/1kCZuF #PharmacyBenefitAdministration
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While cell and gene therapies (#CGT) are undeniably expensive, their financial impact can mean something different for differently sized plans. During episode 19 of #AstonishingHealthcare, Casey Stockman, PharmD (VP, PBA Services) broke down what the financial impact could be for a national plan with only a few eligible members and a smaller regional plan with one eligible member. Listen to the full podcast here: https://okt.to/1G7npd
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Today, we remember and honor the brave men and women who gave their lives to protect our freedoms. As Howard William Osterkamp once said, "All gave some, some gave all." Their legacy lives on in our hearts and minds, and we are forever grateful for their sacrifices. #MemorialDay2024
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We always look forward to discussing how we can effectively support employers amidst ongoing change in healthcare! Ryan Duffy (SVP, Commercial Markets) and Kristin Begley, PharmD (Chief Commercial Officer) will be heading to Colorado Springs, CO, for the Employee Benefits Leadership Forum, where this topic will be a central focus. If you're also going to be at #EBLF, let's find some time to chat! And if you want to keep up with our team on the road, check out our upcoming events below. The Council of Insurance Agents & Brokers https://okt.to/BhE3r2
Conferences, Webinars & Events | Capital Rx
cap-rx.com
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On today's episode of Astonishing Healthcare, Casey Stockman, PharmD, shares the view from her seat on several timely topics related to #PharmacyBenefitAdministration, including: 💰 The cost of cell and gene therapies and how health plans can manage coverage of a growing number of new, extremely expensive therapies (is there an ROI with #OutcomesBased contracts?) 💉 Additional indications for #GLP1s ‼ The importance of meeting the intent of regulations and how a modern, flexible enterprise health platform like JUDI® helps Thank you, Casey! We hope everyone has a great #MemorialDay2024 weekend. Listen to the full episode here: 🎧 https://okt.to/EK0O6w
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Thank you, Edison Partners, for inviting A. J. Loiacono (Co-Founder & CEO) to speak at the 38th Annual Meeting. There, he discussed how Capital Rx is helping solve the prescription drug cost problem in the United States and what our journey has looked like as we work to accomplish that goal.