Capital Rx
Financials
Estimates*
USD | 2019 |
---|---|
Revenues | 1.2m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$12.0m | Series A | ||
$50.0m | Series B | ||
* | $106m | Series C | |
* | N/A | Late VC | |
* | $50.0m Valuation: $530m | Late VC | |
* | $115m | Series D | |
Total Funding | CAD454m |
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Recent News about Capital Rx
EditCap-Rx is a healthtech startup that provides a cloud-based solution, JUDI, designed to streamline pharmacy operations and health plan management. The company operates in the healthcare market, specifically targeting health insurance providers and other entities that manage health plans.
The core offering of Cap-Rx is JUDI, a platform that allows clients to make changes to their health plan designs in a matter of minutes. This flexibility is crucial in the ever-evolving healthcare landscape, enabling clients to adapt to changing needs and regulations quickly and efficiently. The platform is capable of servicing a vast number of lives, up to 180 million in a single instance, making it a scalable solution for large health insurance providers.
Cap-Rx operates on a transparent business model, with no hidden administrative costs or rebate fees. Clients can manage their finances directly through the platform or use Cap-Rx's transparent network and rebate agreement. This transparency aligns with the current trend in the healthcare industry towards more open and honest pricing structures.
The company makes money by charging its clients for using the JUDI platform. The cost is likely based on the scale of the client's operations and the specific services they utilize.
Cap-Rx is fully compliant with state and federal regulations, ensuring that clients can trust their operations are within legal boundaries. The platform also includes robust security measures, such as Single Sign-On (SSO) and granular data access permissions, to protect sensitive health and financial data.
Keywords: Healthtech, Pharmacy Operations, Health Plan Management, Cloud-Based Solution, Scalable, Transparent Pricing, Compliance, Data Security, Health Insurance Providers, Financial Management.