EmpiRx Health LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
EmpiRx Health LLC is a healthcare technology company founded in 2014 by William Resnick, with its headquarters in Montvale, New Jersey. The company operates as a value-based pharmacy benefits management (PBM) provider, utilizing a clinically-driven approach that places pharmacists at the center of the care model. In 2021, the firm received a strategic growth investment from Nautic Partners. Business/Product Breakdown: EmpiRx Health provides a tech-enabled population health management solution designed to optimize health outcomes while reducing prescription drug costs for plan sponsors. The core of its service is the AI-powered pharmacy care platform, Clinically??, which enables clinical pharmacists to perform risk profiling, predictive modeling, and evidence-based medication therapy recommendations. The company manages an extensive national pharmacy network, including the AllyRx retail network, and provides specialty mail-order pharmacy services. Its clinical programs incorporate prior authorization, quantity limits, and step therapy to ensure medication safety and cost-efficiency. Additionally, the company offers a mobile application for members to manage refills and access digital ID cards.
Keywords
Keywords
Classified
Private