Top 22 Pharmacy Benefit Management Companies in Florida
Top 22 Pharmacy Benefit Management Companies in Florida
The pharmacy benefit management industry is an essential part of the broader health care sector where companies like WellDyne and BeneCard PBF operate. These organizations offer services range from modular pharmacy services to personalized pharmaceutical care focused on reducing drug costs and improving health outcomes. They integrate services such as mail order, specialty pharmacy, clinical programs, and technology platforms to impact patient care positively. The future of this industry in Florida seems promising, with a significant focus on fostering healthier communities through innovative solutions, individualized care, and cost-effective services.
Top 22 pharmacy benefit management companies in Florida
1. WellDyne
- Website: welldyne.com
- Headquarters: Lakeland, Florida, United States
- Founded: 1990
- Headcount: 501-1000
WellDyne is a pharmacy benefit management company that offers modular pharmacy services to healthcare organizations. They provide mail order, central fill, specialty pharmacy, clinical programs, and leading technology platforms. WellDyne aims to make pharmacy services better by working with their clients. They believe in helping people own their health, understand their options, and make informed decisions to live a healthy lifestyle.
2. BeneCard PBF
- Website: benecardpbf.com
- Headquarters: Bonita Springs, Florida, United States
- Founded: 2008
- Headcount: 201-500
Benecard PBF is a privately owned pharmacy benefit manager (PBM) that focuses on putting patients first by providing lower drug prices and enhanced clinical programs while guaranteeing ethical and fair pricing. With a commitment to authenticity and individualized care, they offer tailored services to meet the specific needs of each member. As a PBM, they aim to improve healthcare outcomes and reduce costs for patients and providers.
3. myMatrixx, by Evernorth
- Website: mymatrixx.com
- Headquarters: Tampa, Florida, United States
- Founded: 2001
- Headcount: 201-500
- Latest funding type: Acquired
myMatrixx is a healthcare services company offering pharmacy benefit management (PBM) solutions. They provide clinical and safety evaluation, drug trend reports, regulatory updates, and pharmacy locator services. They partner with injured workers to help them on their path to recovery, delivering exceptional customer service and innovative technology solutions.
4. FutureRx
- Website: futurerx.com
- Headquarters: Tampa, Florida, United States
- Founded: 2019
- Headcount: 51-200
FutureRx is a technology platform that offers pharmacy benefit administration solutions. They provide a fully functioning pharmacy benefit manager (PBM) system that can be owned and operated by the client. FutureRx allows clients to replace traditional PBM functions with their leading-edge technology. They also offer a marketplace, FRx Bazaar, where clients can buy services from multiple vendors. FutureRx aims to help clients reclaim control of their pharmacy benefit programs.
5. US-RX Care
- Website: usrxcare.com
- Headquarters: Hollywood, Florida, United States
- Headcount: 51-200
US-Rx Care is a provider of fiduciary Pharmacy Benefits Risk Management services. With over two decades of service and expertise in all aspects of pharmacy risk, they offer savings solutions and help eliminate avoidable waste from pharmacy benefit plans. They have generated over $1 billion in cost savings for clients and have a strong track record in improving PBM models and approaches.
6. Cadence Rx
- Website: cadencerx.com
- Headquarters: Tampa, Florida, United States
- Founded: 2019
- Headcount: 11-50
Cadence Rx is a prescription benefits management company that offers innovative solutions in the workers' compensation market. With their Patient-First Platform and Next-Gen Technology, they strive to elevate and expand the scope of pharmacy benefit management services. Cadence Rx focuses on patient engagement, clinical advancements, and cost control to provide a comprehensive approach to medication management.
7. VativoRx, LLC
- Website: vativorx.com
- Headquarters: North Miami, Florida, United States
- Founded: 2016
- Headcount: 11-50
VativoRx is a pharmacy benefit management (PBM) company that focuses on delivering robust pharmacy benefits and optimal service to both plan sponsors and their members. They aim to make healthcare more affordable by lowering costs while still providing access to necessary prescription treatments.
8. ScriptLogic
- Website: scriptlogicwc.com
- Headquarters: Boca Raton, Florida, United States
- Headcount: 51-200
Script Logic is a pharmacy benefit management company that provides patient-centric clinical intervention programs and medication management solutions to reduce the risk and cost of complex workers’ compensation drug therapies. They offer a comprehensive review of drug interaction and innovative tools for predictive modeling capabilities.
9. TandemRx
- Website: tandemrx.com
- Headquarters: Clearwater, Florida, United States
- Headcount: 11-50
TandemRx is a boutique pharmacy benefit management (PBM) company providing solutions for private and public companies and health plans. We offer flexible, holistic solutions that are customized for our clients’ needs. TandemRx leverages best-in-class industry solutions to optimize results and navigate through complex healthcare challenges while managing compliance and total healthcare costs.
10. ConservCare, Inc.
- Website: conservcare.net
- Headquarters: Orlando, Florida, United States
- Founded: 1989
- Headcount: 51-200
ConservCare, Inc. offers a range of products and services including nursing/home health, durable medical equipment, catastrophic care, IV/home infusion, construction & remodeling, and pharmacy benefits management. They prioritize ease, speed, and convenience in coordinating and providing these services.
11. ARMSRx Pharmacy Benefit Consulting- RFP, PBM audits, leveraged contracts, and clinical support.
- Website: armsrx.com
- Headquarters: Windermere, Florida, United States
- Founded: 1991
- Headcount: 11-50
ARMSRx is a consulting firm that represents health plans, employer groups, benefit advisors, and other payers. They provide expertise in pharmacy benefit consulting to help manage all aspects of pharmacy benefit programs and achieve the highest possible return on investment. Their services include consulting, clinical support, data analytics, implementation support, and pharmacogenetics.
12. DiversitySolutionsRx
- Website: diversitysolutionsrx.com
- Headquarters: Boca Raton, Florida, United States
- Founded: 2019
- Headcount: 11-50
DiversitySolutionsRx offers innovative pharmacy benefit solutions that unleash the power of diversity and qualify all prescription drug expenditures as “Diversity Spend”.
13. Convey Health Solutions
- Website: conveyhealthsolutions.com
- Headquarters: Fort Lauderdale, Florida, United States
- Founded: 2001
- Headcount: 1001-5000
- Latest funding type: Acquired
Convey Health Solutions is a healthcare technology company that specializes in providing integrated and end-to-end solutions for healthcare operations. They offer technology-driven enrollment, billing, and data analytics services for government-sponsored and provider-sponsored health plans. They also provide supplemental benefits management and over-the-counter solutions for pharmacy benefit managers. With their extensive expertise and powerful technology, Convey Health Solutions helps healthcare organizations achieve meaningful results.
14. RT Consulting LLC
- Website: rtconsultingllc.com
- Headquarters: Naples, Florida, United States
- Founded: 1996
- Headcount: 11-50
RT Consulting LLC is a full-service benefits administration firm, providing expert solutions and personalized benefits communication, education, and enrollment technology for employers and brokers.
15. TransactRx
- Website: transactrx.com
- Headquarters: Miami, Florida, United States
- Founded: 2007
- Headcount: 11-50
TransactRx is a platform providing specialty pharmacy services, including benefit verification, prior authorization, and medication fulfillment.
16. FAIRx
- Website: fairx.org
- Headquarters: Tallahassee, Florida, United States
- Headcount: 1-10
Floridians for Attainable and Innovative Rx (FAIRx) is a physician-led coalition dedicated to helping insured Floridians with chronic health conditions obtain the life-sustaining, innovative therapies they need. FAIRx works to raise awareness of discriminatory health insurance practices that keep Florida families from essential treatment. The coalition also supports state policies that make insurance coverage, coinsurance and copays more transparent and equitable.
17. American Dermatological Association
- Website: ada1.org
- Headquarters: Fort Lauderdale, Florida, United States
- Headcount: 1-10
The association, which was the first national dermatological society in the United States , has been responsible for the development of other dermatological organizations. In 1931, the Board of Directors recommended that a committee of three members be established to cooperate with a similar committee from the American Medical Association to formulate plans for a national examining board. In 1934, the bylaws were changed to require that an applicant for membership shall have received a certificate from the American Board of Dermatology and Syphilology. In 1946, the Committee on Education lead many lengthy discussions about increasing opportunities for more training places for dermatology, either in institutions or by preceptorships. Not until the ""Golden"" anniversary meeting (1926) were women mentioned. It was voted that women could attend the historical lectures and the dinner. As early as 1904, it was recommended that women should be eligible for membership, but this proposal was tabled for another forty-seven years. In 1951, the capable and personable Dr. Beatrice M. Kesten was the society's first woman member. More recently in 2000, Dr. Marie-Louise Johnson became the first woman president of the society. In 1937, Dr. John Stokes announced the proposed formation of a new society for investigative dermatology. Dr. Marion Sulzberger and other leaders of the association recognized the need for meetings and a journal concerned with the reporting of basic research. The proceedings make no mention of the birth of the American Academy of Dermatology and Syphilology. In 1957, the American Dermatological Association Research and Educational Fund, Inc (ADARE) was formed and incorporated. ADARE was organized to promote research in the fields of dermatology. The corporation also receives funds from which either the principal or income is distributed for scientific and educational purposes only. Over the years the fund has financed research grants and lectureships as well as the archiving of the society's history.
18. Envolve Pharmacy Solutions
- Website: pharmacy.envolvehealth.com
- Headquarters: Orlando, Florida, United States
- Founded: 1999
- Headcount: 1001-5000
We provide total drug management, combining innovative tools and Pharmacy Benefit Management (PBM) expertise, with the capabilities and experience of a comprehensive specialty pharmacy.
19. HealthSun Health Plans
- Website: healthsun.com
- Headquarters: Miami, Florida, United States
- Founded: 2005
- Headcount: 201-500
- Latest funding type: Acquired
HealthSun is a Medicare Advantage plan provider in Florida. They offer plans with coverage for Medicare beneficiaries, including prescription drug benefits. With a five-star rating for six consecutive years, HealthSun is committed to providing high-quality healthcare services to its members.
20. Innovative Risk Consulting
- Website: innovativeriskconsulting.com
- Headquarters: Maitland, Florida, United States
- Founded: 2007
- Headcount: 51-200
Innovative Risk Consulting streamlines and simplifies medical bill review for companies by ensuring accuracy, reducing hidden costs and delivering maximum savings.
21. HVRS Solutions
- Website: hvrssolutions.com
- Headquarters: Tampa, Florida, United States
- Founded: 2016
- Headcount: 11-50
HVRS Solutions offers a range of services to help independent pharmacy owners succeed, including accreditation and policy development, new pharmacy startups, 340B contract pharmacy, compliance tracking, prior authorization services, audit prevention, chronic care management, and outsourced regulatory compliance teams.
22. Prescription Hope
- Website: prescriptionhope.com
- Headquarters: Stuart, Florida, United States
- Founded: 2006
- Headcount: 51-200
Prescription Hope is a national prescription drug benefit program that offers access to over 1,500 FDA-approved prescription medications at an affordable price.
Want to find more pharmacy benefit management companies?
If you want to find more companies that offer a range of pharmacy services, personalized pharmaceutical care, and innovative solutions you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.
With Inven you'll also get to know the company's:
- Ownership: Which of these are private equity backed? Which are family-owned?
- Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
- Financials: How do these companies perform financially? What are their revenues and profit margins?
...and a lot more!