David Harrell
Founder
TranspareRx
The startup offers a prescription drug price comparison platform that enables users to search for medications, compare prices at local pharmacies, and access discount coupons. This tool helps both insured and uninsured patients find more affordable options for brand-name and generic drugs.
- Digital Health
- Healthcare Technology
- Software Only
Updated 6 months ago
Funding
Raised to date
$9.2MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Many patients lack transparency in prescription drug pricing, leading to unexpected costs at the pharmacy counter. The complexity of insurance plans, rebates, and pharmacy markups makes it difficult for consumers to find the most affordable options for their medications.
Solution
TranspareRx offers a prescription drug price transparency platform designed to help patients find the lowest prices for their medications. The platform aggregates pricing data from local pharmacies and provides access to discount coupons and savings programs. By offering a clear view of available options, TranspareRx empowers users to make informed decisions about their prescription drug purchases, ultimately reducing their healthcare expenses. The platform also caters to pharmaceutical companies, healthcare professionals, employers, and pharmacies, providing each with tools to navigate prescription costs.
Target Audience
The primary target audience includes individual patients seeking affordable prescription medications, as well as pharmaceutical companies, healthcare professionals, employers, and pharmacies aiming to improve price transparency.
Features
- Real-time prescription drug price comparison across local pharmacies
- Integration with discount coupons and patient assistance programs
- Cuverd platform for comprehensive price transparency solutions
- TextRx platform for streamlined access to savings via text messaging
- Dedicated portals for pharmaceutical manufacturers, healthcare professionals, and employers