HomeUSARxAdvance Receives Series A Funding Round

RxAdvance Receives Series A Funding Round

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rx-advanceRxAdvance, a Southborough, MA-based full service Pharmacy Benefits Management company, received a Series A funding round.

Backers included Oscar Salazar, co-founder of Uber, and Walter Jin, founder of Carlyle Healthcare Group. They both joined the company’s board.

Led by Ravi Ika, President & CEO, RxAdvanceĀ is a national full-service pharmacy benefit manager that leverages a collaborative cloud platform to deliver integrated Pharmacy Benefits Management (PBM) services that reduce overall pharmacy costs, optimize specialty spend and reduce avoidable drug-impacted medical costs. In addition, the companyĀ offers a global pharmacy risk partnership model standing with plan sponsors, health plans, accountable care organizations (ACOs), exchanges, state Medicaid programs, and employer groups.

FinSMEs

30/08/2016

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