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RxSense

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RxSense Products (1)

   
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Pharmacy Cost and Transparency Tools

Product Description

With RxIQ® Savings Genius—a turnkey program built on predictive behavioral modeling and member and prescriber outreach—plan members realize new prescription savings opportunities, reducing prescription costs for them and their plan sponsors—without changing PBMs. <br /> <br /> We combine deep clinical expertise with a robust CRM program to maximize savings... Show More

About this product

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With RxIQ® Savings Genius—a turnkey program built on predictive behavioral modeling and member and prescriber outreach—plan members realize new prescription savings opportunities, reducing prescription costs for them and their plan sponsors—without changing PBMs.

We combine deep clinical expertise with a robust CRM program to maximize savings and behavior change. We leverage both member and prescriber interventions, offering a white-glove Savings Concierge service for effortless participation.

This approach ensures a low cost and high return on investment, with a 3-to-1 guarantee in the first year. RxIQ Savings Genius does look for Therapeutic Alternatives but goes beyond other solutions by finding opportunities for Alternative Pharmacy, Mail Order and Discount Cards. It also offers member incentives in cases where the plan saves but the member may not, thus significantly expanding the available opportunities where savings can be realized. Cost of any incentives is included in the program costs, with no additional charges.

Beyond identifying savings opportunities, we use advanced predictive and behavioral modeling to match savings opportunities with member conversion propensity, enabling quicker conversion and adoption. A quick data analysis will show your plan what it's leaving on the table today!

Min. Group Size

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Lives Serviced

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14 RFI Questions RFI questions

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7 Specific Questions Specific Questions tooltip

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Product Features

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Price estimation tool

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Price finder

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Prescription discount card

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Cash pay options accounted for

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Live customer service

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Physical or digital ID cards

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Product Features

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RxSense Info

Founded:

2015

Funding Summary:

Not Provided

Location:

99 High St, Boston, Massachusetts 02110, US

Links:

Employees:

Not Provided
RxSense is a health technology company, founded in 2015 – combining PBM industry veterans with industry-leading tech talent – that quickly became a leader in SaaS technology. In our PBM lives, we experienced, firsthand, the pain of being tied to... Show More

About this vendor

×
RxSense is a health technology company, founded in 2015 – combining PBM industry veterans with industry-leading tech talent – that quickly became a leader in SaaS technology. In our PBM lives, we experienced, firsthand, the pain of being tied to antiquated, traditional PBM legacy systems, and we solved for these challenges in our enterprise platform solution, RxIQ® Enterprise, for pharmacy benefit administration and business intelligence.

With this unifying platform as a core and eliminating data friction, embedded with machine learning and AI-based automation, we have expanded our innovation in new directions to encompass a product spectrum with a reach around the pharmacy ecosystem.

Today, we enable a broadening range of business-to-business client verticals with our RxIQ® product line: PBMs and health plans; entities who own their own pharmacy dispensing channels, such as IDNs (Integrated Delivery Networks), grocers, and health systems. We also provide an integrated benefit offering and a cost management solution.

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