Capital Rx, a pharmacy benefit manager, has acquired Amino Health, expanding its enterprise platform to nearly 60 million covered lives. Amino Health’s platform, now known as Judi Care, integrates provider search, appointment booking, cost estimates, and prescription savings into a seamless healthcare navigation experience. When combined with Judi Health, Capital Rx’s unified claims processing platform, it offers a fully integrated solution for managing pharmacy and medical benefits to health plans, third-party administrators, government agencies, employers, and health systems. In 2024, Amino Health and Motive Practicing Wisely Solutions introduced Amino Motivate, an accountable care organization optimization offering that uses data-driven physician performance analytics. Amino Health secured $42 million in credit financing from Oxford Finance in July 2023, part of an $80 million raise the previous May, to fuel growth and enhance technology. In 2023, Amino Health also received $80 million in equity and debt financing led by Transformation Capital. Capital Rx launched Never More Again in 2024, a model allowing self-funded plan sponsors continuous access to preferred drug prices.
Whale Insider
@WhaleInsider
·
May 9 JUST IN: Pharmaceutical distributor, Wellgistics Health, set to integrate $XRP as a treasury and payments asset in $50 million financing deal.
Panabee AI
@PanabeeAI
·
Jun 6 Bear vs. Bull in 30 Seconds: Recursion Pharmaceuticals $RXRX
Bear: RXRX burned $132M cash in Q1, up 29% Y/Y. Ending cash of $500.5M provides limited runway at this rate. Net loss doubled to $202.5M. Discontinued 3 clinical programs (REC-2282, REC-994, REC-3964) signaling R&D
@PeakAsset
@PeakAsset1
·
Jun 9 $IRX $8M AUD cap and approvals for #Phase2 are in place … large buyer on the depth has been adding and now a new order for >2.5M shares sitting patiently at $0.039. One to put on the watch-list for $biotech #investors
@PeakAsset1
CoverMyMeds
@CoverMyMeds
·
Jun 9 When purpose aligns, progress follows. We’re excited to welcome
@RxLightning
and FastAuth to CoverMyMeds. Together, we’ll continue to make a lasting difference in the lives of patients and the future of healthcare. Read more:
Drew Fallon
@drewfallon12
·
22h What is interesting about Medik8 they were acquired in 2021 by Inflexion PE Partners for $233m when the brand was doing only $30m in sales, an 8x sales deal
I would have expected an 8x sales acquisition in 2021 to be a total flop, but medik8 has since grown to over 100m in sales
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