PharmcoRx

What PharmcoRx does

PharmcoRx operates a multi-site pharmacy network headquartered in North Miami Beach, Florida, providing retail pharmacy, long-term care pharmacy, 340B program management, specialty medications, and compounding pharmacy services. Founded in 2006 and operating as a subsidiary of Progressive Care LLC (itself under publicly traded NextPlat Corp, NASDAQ: NXPL), the company runs four physical pharmacy locations across Florida—in Hallandale Beach (with an additional long-term care operations center), North Miami Beach, Palm Springs, and Orlando—and serves thousands of patients daily via walk-in service, same-day and next-day medication delivery, multilingual support, and 24/7 pharmacist availability.

The company's technology stack centers on ClearMetrX, a proprietary clinical intelligence and analytics dashboard (recently upgraded to version 4.0) that tracks patient adherence, prescribing trends, and inventory needs. In April 2026, PharmcoRx deployed AI-powered prescription intake and processing technology—sourced from an established pharmacy technology software vendor with enhancements led by its internal digital transformation team—to automate manual data entry, faxing, and refill workflows. Additional proprietary assets include SmartPack multi-dose pouches, color-coded bingo card blister packaging, eMAR integration for long-term care facilities, and real-time inventory tracking across 340B, WAC, and GPO streams.

PharmcoRx generates revenue across five distinct streams: transaction-based prescription dispensing for retail and specialty patients, managed services for 340B covered entities including Federally Qualified Health Centers, subscription-style turnkey pharmacy solutions for long-term care and assisted living facilities, specialty medication services with prior authorization and adherence support, and customized compounded formulations. Go-to-market combines direct-to-consumer retail, sales-led outreach via dedicated territory and account managers to assisted living facilities, FQHCs, and clinics, and enterprise contract sales, exemplified by the November 2025 multi-state prescription fulfillment contract with virtual healthcare provider DevotedDOc covering Florida and Georgia with planned nationwide expansion.

Name

PharmcoRx

Legal name

PHARMCO, LLC

Website

https://pharmcorx.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

PharmcoRx is a Florida-based multi-site pharmacy network offering retail, long-term care, 340B, specialty, and compounding pharmacy services to patients, facilities, and covered entities, supported by proprietary ClearMetrX analytics and AI-powered prescription processing.

Ownership category

akta.pro rank

Product category

Retail and Specialty Pharmacy Services

NAICS

Pharmacies and Drug Retailers (45611), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Retail & Community Pharmacies (Chain/Independent) (HLAFALAA)

akta.pro secondary industries

Specialty Pharmacies (Complex/High-Cost Therapies) (HLAFALAC), Mail-Order & Home Delivery Pharmacies (HLAFALAD), Pharmacy Benefit Management (PBM) & Pharmacy Network Administration (HLAFALAI)

Keywords

• Retail pharmacy services
• Long-term care pharmacy
• 340B program management
• Specialty medications
• Compounding pharmacy

Headquarters

HQ city

North Miami Beach

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Prescription Dispensing: Revenue from dispensing prescription medications to patients, including retail, specialty, and compounded medications. Services include same-day and next-day delivery.
2. 340B Program Services: Full-spectrum program management for covered entities including Federally Qualified Health Centers (FQHC). Revenue generated from inventory management, claims optimization, and compliance services.
3. Long-Term Care Pharmacy Services: Turnkey pharmacy solutions for assisted living facilities, senior living, and PACE communities including medication synchronization, custom packaging, eMAR integration, and 24/7 pharmacist access.
4. Specialty Medications: High-touch services for complex conditions including prior authorization support, financial assistance coordination, and adherence tracking.
5. Compounding Pharmacy: Customized medication formulations tailored to unique patient needs including allergen-free options, hormone therapy, and pediatric formulations.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

PharmcoRx operates a full-service community and specialty pharmacy network dispensing retail prescriptions, specialty medications, and compounded formulations, while also providing long-term care pharmacy services to assisted living and senior living facilities and full-spectrum 340B program management to Federally Qualified Health Centers (FQHCs). The company complements dispensing with proprietary technology (ClearMetrX analytics, AI-powered prescription processing), SmartPack multi-dose packaging, eMAR integration, and in-house temperature-controlled delivery across Florida, with complimentary delivery for retail patients.

Product overview

PharmcoRx operates as a full-service pharmacy network combining retail pharmacy, long-term care services, and specialized pharmacy offerings (compounding, specialty medications, 340B program support) supported by proprietary technology. The portfolio centers on the ClearMetrX clinical intelligence platform providing real-time analytics and medication adherence monitoring, complemented by SmartPack pouches and bingo card packaging for medication management. The company recently deployed AI-powered prescription intake and processing technology to automate manual pharmacy workflows. Services span from community retail pharmacy to enterprise-level 340B program management for FQHCs, with operations primarily focused in Florida.

Differentiator

Problem solved

Functional benefit

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability1 record

Feature6 records

Partnerships

One partnership is on record.

• DevotedDOccoreStrategic or Co-development Partner · 5 November 2025PharmcoRx was awarded a multi-state prescription fulfillment contract by DevotedDOc, a virtual healthcare provider. The contract initially covers Florida and Georgia with plans for nationwide expansion. DevotedDOc offers urgent care and medication treatment for opioid use disorder, leveraging PharmcoRx's licensed pharmacy network across multiple states.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Amazon Pharmacy: Amazon Pharmacy provides online prescription fulfillment with home delivery across most US states. A broad incumbent that pressures PharmcoRx's retail and delivery proposition, especially as PharmcoRx pursues multi-state expansion.
• CVS Pharmacy: CVS is a national retail pharmacy chain with walk-in locations, delivery, specialty, and LTC capabilities through CVS Health. Comparable as a broad incumbent competing with PharmcoRx across retail and specialty segments.
• Walgreens Boots Alliance: Walgreens operates retail pharmacies nationwide with delivery, specialty (via Shields), and LTC services. Serves as a broad incumbent competitor against PharmcoRx's community retail and specialty offerings.

Direct peers

• Genoa Healthcare: Genoa operates specialty, long-term care, and 340B-focused pharmacies embedded within behavioral health and FQHC settings. It is the closest peer to PharmcoRx on the integrated LTC + 340B + specialty pharmacy model.
• ExactCare Pharmacy: ExactCare is a long-term care pharmacy providing multi-dose packaging, medication synchronization, and home delivery to complex patients. Highly comparable to PharmcoRx's LTC pharmacy offering, SmartPack, and delivery model.
• Avita Pharmacy: Avita specializes in 340B contract pharmacy services for FQHCs, Ryan White clinics, and HIV/sexual health providers. Directly comparable to PharmcoRx's 340B program support and specialty HIV/hepatitis offerings.
• Capsule Pharmacy: Capsule operates a digital-first retail pharmacy with same-day delivery and provider integration. Closely comparable to PharmcoRx's direct-to-consumer retail pharmacy with complimentary delivery and patient portal.
• Alto Pharmacy: Alto is a digital pharmacy offering same-day delivery, provider coordination, and specialty medication support. Mirrors PharmcoRx's combination of retail delivery, specialty services, and tech-enabled patient experience.

Emerging players

• Blink Health: Blink Health is a digital pharmacy focused on transparent pricing and home delivery. Comparable as an emerging tech-enabled pharmacy competing for similar cash-pay and insured patient demand.
• Truepill: Truepill provides pharmacy API infrastructure and direct-to-consumer fulfillment powering digital health brands. Comparable to PharmcoRx's tech-driven prescription processing and B2B virtual-care fulfillment ambitions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/PharmCoRx
• LinkedInlinkedin.com/company/pharmco-rx

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PharmcoRx