Latest news with #CapitalRx
Associated Press
3 days ago
- Business
- Associated Press
Capital Rx Acquires Care Navigation Company Amino Health
With Amino Health, Capital Rx launches Judi Care, a next-generation care navigation solution that helps health plan members avoid the pitfalls of the overly complex U.S. healthcare system NEW YORK, June 11, 2025 /PRNewswire/ -- Capital Rx, Inc., the enterprise health technology company, today announced the acquisition of Amino Health and its comprehensive health navigation platform. Amino Health will become Capital Rx's care navigation solution, Judi Care, extending Capital Rx's enterprise platform capabilities to nearly 60 million covered lives across the company's portfolio. With Amino Health, Capital Rx now offers employers all the components needed to create a holistic benefits plan design and address barriers to care that impact millions of Americans.1 'Outdated technology, stale provider directories, and misaligned incentives should never encumber a patient's care journey. With Judi Care's data-first, AI-driven patient navigation solution, we are bringing our clients the level of transparency and control required to engage and empower plan members to seek the best possible care when needed,' said AJ Loiacono, Co-Founder and Chief Executive Officer, Capital Rx. 'This potent combination of Judi Health's Unified Claims Processing™ for medical and pharmacy benefits, combined with Judi Care's AI patient navigation, will deliver unparalleled care to members.' With Judi Care, plan members will have access to: 'Our goal at Amino has always been to simplify the consumer healthcare journey. By integrating provider search, appointment booking, cost estimates, and prescription savings into one seamless experience, we are empowering people to take control of their health,' said John Asalone, Chief Executive Officer of Amino Health. 'We've brought all the data together in a configurable, AI-driven platform to deliver the best navigation experience possible. Joining Capital Rx will accelerate our mission and bring the platform to millions of more members.' John Asalone will join Capital Rx as Executive Vice President of Judi Care. Judi Care, when combined withJudi Health™, the industry's first Unified Claim Processing platform, will provide health plans, third-party administrators, government agencies, and employers, including health systems, with a fully integrated solution to seamlessly manage pharmacy and medical benefits. This unique blend of technology, aggregated data, and centralized, AI-powered workflows is the future of health benefits administration and represents one of the most significant strides toward value-based care ever made. To learn more about Judi Care, please visit About Capital Rx Capital Rx is a health technology company providing comprehensive full-service health benefit solutions to carriers, health plans, TPAs, employer groups, and government entities. As a public benefit corporation, Capital Rx is executing its mission to reduce healthcare costs as a pharmacy benefit administrator and by deploying Judi®, the company's cloud-native enterprise health platform. Together with its clients, Capital Rx is reimagining the administration of benefits and rebuilding trust in the healthcare industry. To learn more, visit Media Contacts Michael Passanante, SVP, Marketing & Communications Justin Venneri, Senior Director, Communications [email protected] Alex Jenkins, 120/80 Group [email protected] 1 Beyond cost, what barriers to health care do consumers face? Peterson-KFF Health System Tracker. 08/22/2024. View original content to download multimedia: SOURCE Capital Rx
Yahoo
3 days ago
- Business
- Yahoo
Capital Rx Acquires Care Navigation Company Amino Health
With Amino Health, Capital Rx launches Judi Care, a next-generation care navigation solution that helps health plan members avoid the pitfalls of the overly complex U.S. healthcare system NEW YORK, June 11, 2025 /PRNewswire/ -- Capital Rx, Inc., the enterprise health technology company, today announced the acquisition of Amino Health and its comprehensive health navigation platform. Amino Health will become Capital Rx's care navigation solution, Judi Care, extending Capital Rx's enterprise platform capabilities to nearly 60 million covered lives across the company's portfolio. With Amino Health, Capital Rx now offers employers all the components needed to create a holistic benefits plan design and address barriers to care that impact millions of Americans.1 "Outdated technology, stale provider directories, and misaligned incentives should never encumber a patient's care journey. With Judi Care's data-first, AI-driven patient navigation solution, we are bringing our clients the level of transparency and control required to engage and empower plan members to seek the best possible care when needed," said AJ Loiacono, Co-Founder and Chief Executive Officer, Capital Rx. "This potent combination of Judi Health's Unified Claims Processing™ for medical and pharmacy benefits, combined with Judi Care's AI patient navigation, will deliver unparalleled care to members." With Judi Care, plan members will have access to: Benefits Hub, to engage with all benefits, including point solutions, in one central platform Provider Cost & Quality Data, to see provider-level insights across 200 specialties Real-time Appointment Booking, to quickly review what's covered, search for in-network providers, and schedule care Prescription Drug Routing, to search and intelligently route to drug benefits and claims history "Our goal at Amino has always been to simplify the consumer healthcare journey. By integrating provider search, appointment booking, cost estimates, and prescription savings into one seamless experience, we are empowering people to take control of their health," said John Asalone, Chief Executive Officer of Amino Health. "We've brought all the data together in a configurable, AI-driven platform to deliver the best navigation experience possible. Joining Capital Rx will accelerate our mission and bring the platform to millions of more members." John Asalone will join Capital Rx as Executive Vice President of Judi Care. Judi Care, when combined with Judi Health™, the industry's first Unified Claim Processing platform, will provide health plans, third-party administrators, government agencies, and employers, including health systems, with a fully integrated solution to seamlessly manage pharmacy and medical benefits. This unique blend of technology, aggregated data, and centralized, AI-powered workflows is the future of health benefits administration and represents one of the most significant strides toward value-based care ever made. To learn more about Judi Care, please visit About Capital RxCapital Rx is a health technology company providing comprehensive full-service health benefit solutions to carriers, health plans, TPAs, employer groups, and government entities. As a public benefit corporation, Capital Rx is executing its mission to reduce healthcare costs as a pharmacy benefit administrator and by deploying Judi®, the company's cloud-native enterprise health platform. Together with its clients, Capital Rx is reimagining the administration of benefits and rebuilding trust in the healthcare industry. To learn more, visit Media ContactsMichael Passanante, SVP, Marketing & CommunicationsJustin Venneri, Senior Director, Communicationsmarketing@ Alex Jenkins, 120/80 GroupCapitalRx@ 1 Beyond cost, what barriers to health care do consumers face? Peterson-KFF Health System Tracker. 08/22/2024. View original content to download multimedia: SOURCE Capital Rx Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Capital Rx Acquires Care Navigation Company Amino Health
With Amino Health, Capital Rx launches Judi Care, a next-generation care navigation solution that helps health plan members avoid the pitfalls of the overly complex U.S. healthcare system NEW YORK, June 11, 2025 /PRNewswire/ -- Capital Rx, Inc., the enterprise health technology company, today announced the acquisition of Amino Health and its comprehensive health navigation platform. Amino Health will become Capital Rx's care navigation solution, Judi Care, extending Capital Rx's enterprise platform capabilities to nearly 60 million covered lives across the company's portfolio. With Amino Health, Capital Rx now offers employers all the components needed to create a holistic benefits plan design and address barriers to care that impact millions of Americans.1 "Outdated technology, stale provider directories, and misaligned incentives should never encumber a patient's care journey. With Judi Care's data-first, AI-driven patient navigation solution, we are bringing our clients the level of transparency and control required to engage and empower plan members to seek the best possible care when needed," said AJ Loiacono, Co-Founder and Chief Executive Officer, Capital Rx. "This potent combination of Judi Health's Unified Claims Processing™ for medical and pharmacy benefits, combined with Judi Care's AI patient navigation, will deliver unparalleled care to members." With Judi Care, plan members will have access to: Benefits Hub, to engage with all benefits, including point solutions, in one central platform Provider Cost & Quality Data, to see provider-level insights across 200 specialties Real-time Appointment Booking, to quickly review what's covered, search for in-network providers, and schedule care Prescription Drug Routing, to search and intelligently route to drug benefits and claims history "Our goal at Amino has always been to simplify the consumer healthcare journey. By integrating provider search, appointment booking, cost estimates, and prescription savings into one seamless experience, we are empowering people to take control of their health," said John Asalone, Chief Executive Officer of Amino Health. "We've brought all the data together in a configurable, AI-driven platform to deliver the best navigation experience possible. Joining Capital Rx will accelerate our mission and bring the platform to millions of more members." John Asalone will join Capital Rx as Executive Vice President of Judi Care. Judi Care, when combined with Judi Health™, the industry's first Unified Claim Processing platform, will provide health plans, third-party administrators, government agencies, and employers, including health systems, with a fully integrated solution to seamlessly manage pharmacy and medical benefits. This unique blend of technology, aggregated data, and centralized, AI-powered workflows is the future of health benefits administration and represents one of the most significant strides toward value-based care ever made. To learn more about Judi Care, please visit About Capital RxCapital Rx is a health technology company providing comprehensive full-service health benefit solutions to carriers, health plans, TPAs, employer groups, and government entities. As a public benefit corporation, Capital Rx is executing its mission to reduce healthcare costs as a pharmacy benefit administrator and by deploying Judi®, the company's cloud-native enterprise health platform. Together with its clients, Capital Rx is reimagining the administration of benefits and rebuilding trust in the healthcare industry. To learn more, visit Media ContactsMichael Passanante, SVP, Marketing & CommunicationsJustin Venneri, Senior Director, Communicationsmarketing@ Alex Jenkins, 120/80 GroupCapitalRx@ 1 Beyond cost, what barriers to health care do consumers face? Peterson-KFF Health System Tracker. 08/22/2024. View original content to download multimedia: SOURCE Capital Rx Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
08-05-2025
- Business
- Associated Press
Judi Health™ Earns Best Healthcare InsurTech Solution in the 9th Annual MedTech Breakthrough Awards Program
Judi Health is the first Unified Claims Processing™ platform offering health plan sponsors and members a unified pharmacy and medical benefit experience NEW YORK, May 8, 2025 /PRNewswire/ -- Capital Rx, Inc., the enterprise health technology company and benefit administrator advancing our nation's electronic healthcare infrastructure, today announced that Judi Health™ has been selected as the winner of the 'Best Healthcare InsurTech Solution' award in the 9th annual MedTech Breakthrough Awards program, conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market. Judi Health is the industry's first claim processing platform capable of providing health plans, third-party administrators, government agencies, and employer plan sponsors, including health systems, with a unified pharmacy and medical benefit platform to manage these benefits for their members, improve the overall healthcare experience, and drastically reduce costs. 'Thank you to MedTech Breakthrough for this award and for recognizing how innovative Judi Health is and how valuable our transformative technology is to the healthcare industry,' said AJ Loiacono, Co-Founder & CEO, Capital Rx. 'The U.S. healthcare system has approximately $1 trillion of administrative waste embedded in it due to its legacy infrastructure, which is fraught with operational inefficiencies and unnecessary redundancies. Judi Health finally enables the realization of a member-centric, cost-effective, and value-based healthcare system.' A Unique Approach to Administering Health Benefits Judi Health is powered by Capital Rx's proprietary enterprise health platform, Judi®. 'We had to build a platform capable of consolidating all the workflows necessary to manage a pharmacy benefit more efficiently than any other technology available in the market, and we quickly realized that Judi would be capable of supporting medical claim administration, too,' said Ryan Kelly, Co-Founder & CTO, Capital Rx. Judi's open architecture allows for information exchange with hundreds of parties involved in delivering patient care, and having all the workflows for a unified pharmacy and medical plan in a central system provides a holistic view of patient health data. 'This results in more prompt and precise member service and overall higher-quality care at the lowest possible cost,' Kelly added. 'After more than 25 years in healthcare as a practicing emergency medicine physician and clinical executive, Judi Health represents a much-needed healthcare infrastructure advancement to connect the disparate parts of a broken U.S. healthcare system, said Dr. Sunil Budhrani, Chief Innovation and Medical Officer, Capital Rx. 'By connecting medical to pharmacy through one platform, we are providing a chassis that benefits all stakeholders – patients, providers, plan sponsors, and payers – by breaking down the silos that prevent the delivery of higher quality care and allowing for greater transparency, flexibility, and efficiency. This represents one of the most significant strides toward value-based care ever made. We're unlocking the true potential of advanced applications like predictive population health analytics and AI.' The MedTech Breakthrough Awards program celebrates excellence and innovation in the health and medical technology industry, recognizing the companies, products, and solutions driving meaningful progress and improving patient care. Spanning a wide range of categories—including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices, Medical Data & Privacy, and beyond – the awards highlight the groundbreaking work that is transforming the healthcare landscape. This year's program saw a record-breaking number of nominations from leading companies and startups across more than 18 countries, showcasing the global impact and momentum of the digital healthcare industry today. 'Judi Health offers a unique healthcare solution to enable seamless, transparent, modular, and efficient claims processing. Health plans and providers have not been effectively able to manage their members' care holistically or control costs because of the disparate claim processing systems and workflows used to manage pharmacy and medical benefits,' said Steve Johansson, managing director, MedTech Breakthrough. 'We're thrilled to recognize Judi Health with 'Best Healthcare InsurTech Solution!'' To learn more about Judi Health and the importance of Unified Claims Processing, please visit About MedTech Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the MedTech Breakthrough Awards program is devoted to honoring excellence and innovation in medical & health technology companies, products, services and people. The MedTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough healthcare and medical companies and products in categories that include Patient Experience & Engagement, Health & Fitness, Medical Devices, Clinical Administration, Connected Healthcare, Medical Data, Healthcare Cybersecurity, and more. For more information, visit Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose. About Capital Rx Capital Rx is a health technology company providing claim administration and technology solutions for carriers, health plans, TPAs, employer groups, and government entities. As a public benefit corporation, Capital Rx is executing on its mission to materially reduce healthcare costs as a full-service PBM and through the deployment of Judi®, the company's cloud-native enterprise health platform. Judi connects every aspect of the healthcare ecosystem in one efficient, scalable platform, servicing millions of members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of benefits and rebuilding trust in healthcare. To learn more, visit Media Contacts Michael Passanante, SVP, Marketing & Communications Justin Venneri, Senior Director, Communications [email protected] Kenneth Meyer, 120/80 MKTG [email protected] View original content to download multimedia: SOURCE Capital Rx
Yahoo
10-02-2025
- Business
- Yahoo
Capital Rx Unveils Healthcare's First Unified Pharmacy and Medical Claims Processing Platform
Judi Health™ enables unified claim processing to enhance patient experience, improve outcomes, and reduce premiums NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Capital Rx, Inc., the enterprise health technology company and benefit administrator advancing our nation's electronic healthcare infrastructure, is announcing Judi Health™, the industry's first unified claim processing platform capable of administrating pharmacy and medical claims for employer plan sponsors, health systems, and health plans on a single platform. Health plans and payers have never been able to effectively manage their members' care holistically or control costs because of the disparate claim processing systems and workflows used to manage pharmacy and medical benefits. The U.S. healthcare system's operational complexity and administrative deficiencies have led to a trillion dollars in annual waste. "Solving some of the major challenges in healthcare will require us to address foundational issues with technology. Nobody planned to create two separate systems to manage pharmacy and medical claims, but an entire ecosystem has been cobbled together to maintain and capitalize on preserving inefficiency rather than advancing our nation's care delivery," said AJ Loiacono, Founder & CEO, Capital Rx. "The root cause of our nation's failing infrastructure is massive underinvestment and inability for legacy companies to develop a unified platform for claims administration." The Future of Benefit Administration: Unified Claims Processing Judi Health will enable carriers, third-party administrators, and the U.S. government to centralize processes, improve the patient experience, and drastically reduce costs. Key features include:Judi Health combines pharmacy and medical claims administration workflows, paving the way for unified claims processing. Seamless, real-time patient and plan management for both pharmacy and medical benefits. Centralized operational, administrative, and financial services under one unified workflow, removing administrative waste. Enablement of innovative pricing and reimbursement models, including management of value-based care and contracting. Removal of the patchwork of antiquated systems and third-party dependencies contributing to inaccurate data, billing errors, lagging reimbursement payments, and soaring, highly variable costs for care. The ability to process pharmacy and medical claims is powered by JUDIÒ, Capital Rx's proprietary enterprise health platform. JUDI allows for the centralization of information and data and the synchronization of workflows that aid care coordination and improve access to essential, lifesaving medications and treatments. For example, cancer patients often face treatment delays from a few weeks to several months. Meanwhile, tumor sizes grow, conditions worsen, treatment becomes more costly and intensive, and patients face an increased risk of mortality. With a more modern, holistic pharmacy and medical claims processing system, employers, health plans, and providers can work together to deliver on the promises of precision medicine and value-based care. "With Judi Health, payers will be better able to anticipate members' needs, eliminate delays in processing and decision making to speed time to treatment for patients, and leverage the full power of gen AI to improve the patient and provider experience," said Ryan Kelly, Chief Technology Officer, Capital Rx. "Over the last 25 years as a practicing physician and clinical executive, I have experienced firsthand the administrative burdens that come between doctors and patients. We are at a critical inflection point in healthcare, and the current infrastructure does not support the highest quality care at the lowest cost, said Sunil Budhrani, MD, MPH, MBA, Chief Innovation & Medical Officer, Capital Rx. "Judi Health offers a unique healthcare solution to enable seamless, transparent, modular, and efficient claims processing so that clinicians can return to focusing on what they were trained for – caring for patients." To learn more about Judi Health, please visit About Capital RxCapital Rx is a health technology company providing claim administration and technology solutions for carriers, health plans, TPAs, employer groups, and government entities. As a Certified B Corp™, Capital Rx is executing on its mission to materially reduce healthcare costs as a full-service PBM and through the deployment of JUDI®, the company's cloud-native enterprise health platform. JUDI connects every aspect of the healthcare ecosystem in one efficient, scalable platform, servicing millions of members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of benefits and rebuilding trust in healthcare. To learn more, visit Media ContactsMichael Passanante, SVP, Marketing & CommunicationsJustin Venneri, Director, Communicationsmarketing@ Kenneth Meyer, 120/80 MKTGken@ View original content to download multimedia: SOURCE Capital Rx Sign in to access your portfolio
