Prime Therapeutics

Prime Therapeutics is an independent pharmacy benefit manager that primarily serves Blue Cross Blue Shield plans. The company provides a range of pharmaceutical services designed to assist individuals in obtaining necessary medications. Its core operations include processing claims and delivering medicines to members, as well as offering clinical services and coverage options for health insurers, employers, and individuals through government programs. By focusing on total drug management solutions, Prime Therapeutics aims to effectively meet the diverse needs of its clients in the healthcare sector.

Kenneth Bodmer

CFO

Matthew Mertel

COO

Ken Paulus

President and CEO

2 past transactions

Capital Rx

Corporate Round in 2024
Capital Rx, Inc. is a pharmacy benefit manager that specializes in managing self-insured prescription benefit plans for employers, unions, and government entities. Founded in 2017 and headquartered in New York, the company aims to transform the pricing and administration of prescriptions in the U.S. through its innovative Clearinghouse Model, which enhances transparency in the pharmacy supply chain and reduces costs for employer groups. By integrating various components of the pharmacy ecosystem into a single platform, Capital Rx improves administrative workflows, clinical oversight, and patient-provider coordination. This approach not only increases drug price visibility but also focuses on enhancing patient outcomes and healthcare efficiency, ultimately fostering better engagement between healthcare providers and patients.

Magellan Rx Management

Acquisition in 2022
Magellan Rx Management is a provider of drug management and pharmacy benefit management services based in Phoenix, Arizona. The company specializes in offering comprehensive pharmacy solutions to clients, including advanced analytics, formulary management, and clinical services. It caters to various sectors, including specialty medications, Medicare, and state government programs, helping organizations navigate the complexities of the healthcare industry. Through its innovative approaches, Magellan Rx Management aims to optimize medication management and enhance patient outcomes.
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