Ranking Maryland's Top 22 Pharmacy Benefit Management Firms

3
min read
Top 22 pharmacy benefit management companies in Maryland Main

Ranking Maryland's Top 22 Pharmacy Benefit Management Firms

3
min read
Get started
Top 22 pharmacy benefit management companies in Maryland Main
Top firms trust Inven to find niche companies

Pharmacy Benefit Management (PBM) companies in Maryland are at the forefront of enhancing how we access healthcare services. These corporations leverage seamless technologies and expert insights to deliver customized prescription benefit schemes for a variety of clients. Their offerings range from consultation on drug selections, management of drug benefit policies to pricing negotiations. As healthcare continuously evolves, these entities are diligently working to streamline operations, reduce the cost of care, and ensure medication adherence.


Top 22 pharmacy benefit management companies in Maryland

1. Envolve Health

  • Website: envolvehealth.com
  • Headquarters: Bethesda, Maryland, United States
  • Founded: 1984
  • Headcount: 5001-10000
  • Latest funding type: Acquired
  • LinkedIn

Envolve works to make healthcare simpler and more accessible for everyone through its family of health companies.


2. Confidio

  • Website: confidio.com
  • Headquarters: Towson, Maryland, United States
  • Founded: 2011
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

Confidio is a pharmacy benefits consulting firm providing sustainable value through optimization of pharmacy benefit solutions with insider expertise and analytics.


3. InstantDx, LLC

OnCallData Solutions provides electronic prescribing and medication management solutions for physicians, patients, and pharmacies, with integrated clinical lab connectivity and real-time formulary and benefits check.


4. IPMD United

  • Website: ipmdunited.org
  • Headquarters: Glen Burnie, Maryland, United States
  • Headcount: 1-10

IPMD United is a company that operates in the Pharmaceuticals industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Glen Burnie, Maryland.


5. EONE Benefit Solutions

  • Website: eonebenefits.com
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 2007
  • Headcount: 11-50
  • Latest funding type: Acquired
  • LinkedIn

EONE is an employee benefits and business partner that provides cutting-edge benefit plans, simplifies benefit administration, and helps employees and their families navigate their employer-provided coverage. They offer services in benefits consulting, communication strategies, compliance services, pharmacy benefit management strategies, underwriting and actuarial services, and data analytics.


6. APWU Health Plan

  • Website: apwuhp.com
  • Headquarters: Glen Burnie, Maryland, United States
  • Founded: 1960
  • Headcount: 51-200
  • LinkedIn

APWUHP.com is a health plan provider that offers comprehensive benefits and coverage options for APWU bargaining unit employees and retirees. They provide a range of healthcare services including pharmacy, dental, behavioral health, and cancer centers of excellence. With a focus on better health and wellness, APWUHP aims to improve the overall well-being of its members.


7. AP Benefit Advisors, LLC

AP Benefit Advisors, LLC provides professional consulting and advisory services in the field of employee benefits. They offer personalized solutions and expertise to help companies optimize their benefits packages and improve employee satisfaction.


8. basys

  • Website: basys.com
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 1977
  • Headcount: 51-200
  • Latest funding type: Private Equity
  • LinkedIn

basys is a company that offers technology solutions for multiemployer benefits plans. They provide software and services to help manage benefits for millions of workers across the US and Canada.


9. Employee Navigator

  • Website: employeenavigator.com
  • Headquarters: Bethesda, Maryland, United States
  • Founded: 2008
  • Headcount: 51-200
  • Latest funding type: Private Equity
  • LinkedIn

Employee Navigator is a benefits administration platform that allows businesses to manage their employee benefits online. It offers features such as marketplace benefits administration, time off tracking, integrated payroll, HR management, and ACA reporting.


10. TriBridge Partners

TriBridge Partners is a company that provides insurance, financial, benefits, and advisory services to clients. They offer comprehensive financial planning, investment strategies, and personal insurance coverage. TriBridge Partners also specializes in benefit programs, pension and retirement plans, and executive compensation.


11. Employee Benefit Services of Maryland Inc.

  • Website: ebs-md.com
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 2011
  • Headcount: 11-50
  • LinkedIn

EBS is an employee benefits services company based in Maryland. They specialize in managing corporate clients' employee benefits programs, offering dedicated service teams and high-performing health plans. They prioritize benefits advocacy and provide strategic planning, compliance assistance, and broker partnerships.


12. MyCORE

  • Website: mycore.io
  • Headquarters: Annapolis, Maryland, United States
  • Founded: 2018
  • Headcount: 11-50
  • LinkedIn

MyCORE is a company that specializes in providing bookkeeping, payroll, benefits, and HR solutions. They aim to simplify these processes and empower teams to thrive. With a focus on customer satisfaction, MyCORE offers a range of services and expert support. Their mission is to make complex business operations simple and efficient.


13. iProcess Online, Inc.

iProcess Online offers business intelligence tools that provide web access to over 200 workforce-related reports, analytics, and point-in-time reporting. They enable business leaders to apply controls and metrics to the HR function, similar to Operations and Finance. With HRWeb, clients have access to a dynamic and robust human resources information system, supporting workforce administration, benefits, compensation, development, and payroll functionality. iProcess Online also offers a flexible and functional payroll engine, allowing clients to process payroll in-house or outsource it to their team.


14. Comprehensive Benefits Planning, Inc.

Comprehensive Benefits Planning is a company that creates benefit and service solutions for businesses to meet their specific needs. They pride themselves on their exceptional customer service and dedicated professionals.


15. Business Benefits Solutions

Business Benefits Solutions champions innovators and supports entrepreneurs in their ventures by offering effective benefits strategies respectful of their companies' culture and budget.


16. Bridgeway Benefit Technologies

Bridgeway Benefit Technologies is a software technology company that provides advanced automation and maximum efficiency for self-administered fund offices, third-party administrators and multiemployer plans to manage pension, health & welfare funds, retirement plan administration and benefit administration systems for more than two million workers.


17. OneTouch HCM

OneTouch HCM provides complete HR, payroll, benefits administration, and compliance services that streamline workplace data management for organizations.


18. Exponent Health

Exponent Health is a healthcare cost management company that offers intelligent, tech-empowered solutions to optimize healthcare dollars and increase cost-control success. They provide powerful products and superior service using algorithms and AI technology to achieve exponential savings and exceptional results.


19. Kelly &a; Associates Insurance Group, Inc.

  • Website: kellyway.com
  • Headquarters: Sparks, Maryland, United States
  • Founded: 1976
  • Headcount: 201-500
  • LinkedIn

Founded in 1976 and headquartered in Sparks, Maryland, Kelly & Associates Insurance Group delivers integrated insurance, corporate benefit, payroll services, workforce management solutions through its employee benefits administrators, brokers, payroll providers, and consultants.


20. KELLY Payroll

Kelly Benefits is a provider of benefits administration & technology, broker & consulting services, payroll solutions, and other comprehensive tools & strategies to serve businesses of all sizes. The company helps employers navigate the intricacies of insurance, benefits, and payroll.


21. Direct Pharmacy Service

  • Website: dpsrx.com
  • Headquarters: Lanham, Maryland, United States
  • Headcount: 11-50

Direct Pharmacy Service is a PBM company that provides prescription drug programs, effective advisory, and pharmacy management services.


22. KELLY Benefit Strategies

KELLY Benefit Strategies is in the Business of Better. As one of America’s premier employee benefit consultants, KELLY Benefit Strategies knows the value of having a trusted partner to help manage a company’s benefits plan. We are committed to working with our customers throughout the entire benefits life cycle: From consulting and plan design to implementation and ongoing support. With KELLY Benefit Strategies, you have a dedicated resource devoted to elevating your benefits plan, simplifying your administrative and human resource processes, and providing the platform for innovative strategic vision through our unique and powerful Total Benefits Solution®.


Want to find more pharmacy benefit management companies?


If you want to find more companies that offer optimized prescription benefits, sustainable cost savings, and integrated clinical 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!

Get started with Inven
Find companies 10x faster with Inven
Mock-up images of Inven UIGet started
Get Started Today!
See how Inven can help you source deals, find acquisition targets and potential buyers!
Get started

Keep on reading

More articles

Top 21 desalination companies in Maryland Thumbnail
Top 21 desalination companies in Maryland Main
Top-tier 21 Maryland Desalination Companies
Discover Maryland's Top-tier 21 desalination companies providing clean, drinkable water solutions. Get enlightening insights into companies like Neu-ion and Sharp Water Culligan, and more.
Top 22 telemedicine companies in Connecticut Thumbnail
Top 22 telemedicine companies in Connecticut Main
Top 22 Telemedicine Enterprises in Connecticut
Explore the top 22 telemedicine companies in Connecticut, offering services from virtual consultations to healthcare technologies. Includes ROM Technologies Inc. and Stony Creek Urgent Care.
Top 25 real estate development companies in Ohio Thumbnail
Top 25 real estate development companies in Ohio Main
Top 25 Ohio-Based Real Estate Development Firms
Explore Ohio's diverse real estate development sector featuring companies like North American Properties and CASTO. They are instrumental in creating community-enhancing residential and commercial properties.