Today is #ChronicDiseaseDay. According to the CDC, approximately 120 million Americans have at least one major chronic disease. Additionally, according to the World Health Organization, only 50% of patients who suffer from chronic diseases adhere to treatment recommendations. This issue is very important to our team given how many lives it affects. If you would like to learn more about what you can do to help raise awareness and affect change, visit the page below. #ChronicDiseaseMonth #medicationadherence https://okt.to/ydqMmu
Capital Rx
Hospitals and Health Care
New York, NY 67,043 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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Jack Bennett
Raising revenue, lowering costs, reducing business risk, and improving customer experience by solving complex business problems with technology and…
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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
Updates
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When Krystalyn Weaver (Executive VP and CEO, National Alliance of State Pharmacy Associations) was on our latest #AstonishingHealthcare episode, we discussed #collaborativepracticeagreements. These agreements allow pharmacists to pair up with another practitioner who then delegates to the pharmacist the authority to prescribe. With these agreements, people can go to their #pharmacist to receive nicotine replacement therapy to help them stop smoking, antiviral or antibiotic #medications, and other types of preventative care. Listen to the full episode here: https://okt.to/2kq8tY
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In #PharmacyBenefits 101: What is a #Formulary?, a Q&A with Director of Formulary Operations, Nisha Bhide, PharmD, we walk through the purpose of formularies, what they are based on, the difference between open and closed formularies, and much more! She also offers a couple of questions to ask a #PBM if a #plansponsor is wondering how to help control #pharmacycosts. If you'd like to check it out, here's the link! https://okt.to/43M8mE #PharmacyBenefitAdministration #drugprices
Pharmacy Benefits 101: What is a Formulary? | Capital Rx
cap-rx.com
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On our 25th episode of #AstonishingHealthcare, we had the great pleasure of interviewing Krystalyn Weaver, PharmD, JD (Executive Vice President & CEO, National Alliance of State Pharmacy Associations) about several important issues facing #pharmacists and healthcare consumers, including how to solve the "crunching" of the pharmacy business model, #pharmacydeserts, and #pharmacist burnout. We also chatted about all the good pharmacists do, recent positive news/wins in Iowa and Tennessee, and the clear potential to improve patient care and outcomes by working alongside physicians! 🎧 Listen to the entire episode here: https://okt.to/E4MxN6
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What is the purpose of a #formulary? What are they based on, and what questions can #plansponsors ask a #PBM if they're wondering how to control #costs? We chatted with Nisha Bhide (Director of Formulary Operations) to get the answers to these questions, along with others. Click below to learn more! #PharmacyBenefits101
Pharmacy Benefits 101: What is a Formulary?
Capital Rx on LinkedIn
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#GLP1s remain front and center in the news and top of mind for health plans and #plansponsors. 📰 Here's a good, #quickread highlighting some recent coverage decisions by larger health systems around the U.S. by Becker's Healthcare. The International Foundation of Employee Benefit Plans (IFEBP) survey data showing expanded coverage of GLP-1s (linked in the article) are also interesting! #managedcare #drugcosts #pharmacybenefits https://okt.to/SP5FHC
The GLP-1 coverage dilemma for employers
beckershospitalreview.com
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The #PBM landscape includes an incredibly diverse group of advisors - perhaps more varied than ever - and #plansponsors are on the lookout for #pharmacybenefits partners with an eye toward #transparency and #alignment. That was one of the many things Josh Golden (SVP, Strategy) discussed during our latest episode of #AstonishingHealthcare, where he explained how critical it is for consultants to help clients assess cost more holistically (as some are currently doing). Listen to the full episode here: https://okt.to/AOHSN0
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June was a celebratory month at Capital Rx! In addition to celebrating #Pride, #Juneteenth, and #FathersDay, the team shared educational #pharmacybenefits insights. Dive into our latest #newsletter to read about Kevin Sundquist's webinar: The Story of a Claim, which highlights a #pharmacyclaim's lifecycle, and listen to our latest #AstonishingHealthcare episodes! Also included this month: 🤝 Our new CFO, Antonio Garcia Cueto, has officially joined the team. 🔎 Brian TenEyck shares insights on "the mid-year shift" and the importance of getting #RFPs and marketing efforts going 𝗻𝗼𝘄. ⚽️ A. J. Loiacono, Andres Ivan Gonzalez (Vice President of Partnerships, New York City FC), and Andrew Feinberg (Head of Global Partnerships and Consulting, KLUTCH SPORTS GROUP, LLC) got together to discuss what happens when a #PBM partners with an MLS Club! Dive into the newsletter now for this news and more!
Capital Rx Insights (June 2024)
Capital Rx on LinkedIn
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Today on #AstonishingHealthcare, Josh Golden (SVP, Strategy) and Ryan Duffy (SVP, Commercial Markets) joined the podcast to discuss #PBM news coverage thanks to The New York Times' reporting! They broke down what they found interesting about the front-page article (link in comments), what #plansponsors can do to find a helpful broker or consultant that can holistically evaluate newer, unique models, how recent trends suggest that the "wave" of early adopters of progressive PBM models has passed, and why the onus is on fiduciaries to have at least a basic level of #transparency, financial #accountability, and #alignment. Listen to the full episode here to hear what Josh and Ryan have to say! 🎧 https://okt.to/EFQXqG