CarepathRx
CarepathRx is a pharmacy care delivery platform serving U.S. health systems and hospitals with integrated specialty pharmacy, home infusion, telepharmacy (PipelineRx), and 340B program solutions across all 50 states, now operating as a subsidiary of Evernorth Health Services (Cigna Group).
- Company typePrivate
- Founded2019
- HeadquartersMercer Island, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What CarepathRx does
CarepathRx is a privately-held pharmacy care delivery platform founded in 2019 and headquartered in Mercer Island, Washington, that partners with health systems, hospitals, physicians, and pharmacies to deliver integrated pharmacy services. The company's core offerings span four pillars: Home & Ambulatory Infusion (expanding infusion care into home, physician office, and outpatient settings); Specialty Pharmacy (dispensing limited distribution drugs via 450+ payor contracts across all 50 states); Telepharmacy through the PipelineRx platform (providing remote order review, medication reconciliation, and patient counseling); and 340B Solutions (third-party administration and compliance support for the 340B Drug Pricing Program). Supporting capabilities include the ProCure GPO for pharmacy procurement, NurseLink for clinical education, and the CarepathRx Patient Therapy Mobile (CPTM) white-label patient-facing application. CarepathRx Health System Solutions (CHSS) and UPMC Chartwell operate as wholly-owned subsidiaries. CarepathRx serves nearly 10% of U.S. hospitals with 900+ employees nationwide, claiming 40% fewer hospitalizations among supported patients and 98% patient satisfaction. Founder John Figueroa brought prior leadership experience from Genoa Healthcare, Apria Healthcare, Coram, and Omnicare. Following a minority investment from Evernorth Health Services (Cigna Group) in July 2023, Evernorth completed the full acquisition of CarepathRx in 2025, integrating the company into its health services division.
The business model is B2B enterprise sales with multi-year contracts negotiated directly with health system and hospital partners. Revenue is generated across managed services (specialty pharmacy, home infusion), professional services (340B administration), subscription/recurring (telepharmacy), and transaction fee (ProCure GPO) streams. CarepathRx monetizes by transforming hospital pharmacy from a cost center into a revenue generator through specialty drug capture, 340B program optimization, and expanded ambulatory and home-based care delivery. Go-to-market relies on direct enterprise partnerships, industry events and conferences (ASHP, NASP, 340B Coalition, NHIA, AMCP, Asembia), and thought-leadership partnerships with 340B Health and 340B Report. The proprietary technology stack — PipelineRx telepharmacy, CPTM mobile app, and 340B TPA platform — anchors operational delivery and differentiates the offering from point-solution competitors.
CarepathRx firmographics
Firmographics- Name
- CarepathRx
- Legal name
- CarepathRx, LLC
- Website
- https://carepathrxllc.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Acquired
- Headcount range
- 1,001–5,000 employees
- Short description
- CarepathRx is a pharmacy care delivery platform serving U.S. health systems and hospitals with integrated specialty pharmacy, home infusion, telepharmacy (PipelineRx), and 340B program solutions across all 50 states, now operating as a subsidiary of Evernorth Health Services (Cigna Group).
- Ownership category
- akta.pro rank
CarepathRx industry classification
Industry- Product category
- Hospital Pharmacy Care Delivery
- NAICS
- Ambulatory Health Care Services (621)
- SIC
- Services-Health Services (8000)
- akta.pro primary industry
- Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG)
- akta.pro secondary industries
- 340B Program Administration & Contract Pharmacy Services (HLAFALAL), Medication Inventory, Procurement & Supply Chain (Pharmacy) (HLACAKAI), Injectables & Specialty Medication Support (e.g., insulin, biologics) (HSABALAG)
Keywords
Where CarepathRx is headquartered
LocationHeadquarters
- HQ city
- Mercer Island
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CarepathRx business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Specialty Pharmacy Services: CarepathRx operates specialty pharmacy operations dispensing medications and providing clinical services to health systems and hospitals. Services include back-office solutions, Limited Distribution Drug access, payor contracts, pharmacy accreditations, and data analytics.
- Home & Ambulatory Infusion: Home infusion services including infusion therapy administration, nursing services coordination, billing and revenue cycle management, and reporting and analytics for patients with chronic and complex conditions.
- 340B Pharmacy Solutions: Third-party administration services for 340B Drug Pricing Program optimization including contract pharmacy services, compliance assistance, and program implementation support.
- Telepharmacy & Technology Solutions: Remote pharmacy services including order review, medication reconciliation, patient counseling, and technology infrastructure support through PipelineRx platform.
- ProCure GPO (Group Purchasing Organization): Group purchasing organization providing member benefits through negotiated contracts, cost-effective therapies, and pharmacy supply chain optimization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise healthcare provider partnerships |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
CarepathRx product offering
Product offeringCore offering
CarepathRx provides end-to-end pharmacy care delivery services to health systems and hospitals, encompassing specialty pharmacy operations with access to limited distribution drugs and over 450 payor contracts, home and ambulatory infusion therapy, telepharmacy services through its PipelineRx platform, 340B Drug Pricing Program optimization, and a group purchasing organization (ProCure GPO). The company combines these clinical and operational services with proprietary technology platforms, including a white-label mobile application for patient prescription management.
Product overview
CarepathRx is a pharmacy care delivery platform offering integrated solutions for health systems, hospitals, and pharmacies. The platform consists of core services including Home & Ambulatory Infusion, Specialty Pharmacy, PipelineRx (telepharmacy), and ProCure GPO, supported by add-on modules such as NurseLink (clinical education platform), the CarepathRx Patient Therapy Mobile (CPTM) app, and 340B Solutions. The Health System Solutions platform unifies these capabilities to transform hospital pharmacy into an active care management strategy and revenue generator.
Differentiator
Problem solved
Functional benefit
Brands
- CarepathRx Patient Therapy Mobile (CPTM): A white-label mobile application designed to empower patients in managing their prescriptions, integrating with DromosPTM and pharmacy management systems.
- ProCure GPO
- NurseLink
Products and services
- Home & Ambulatory Infusion Provides home and outpatient infusion services including nursing, billing, and analytics to help health systems expand infusion care to home, physician offices, and outpatient clinics, supporting patients with chronic and complex conditions.
- Specialty Pharmacy Delivers specialty pharmacy services with integrated clinical programs, limited distribution drug access, and more than 450 high-value payor contracts across all 50 states, supporting hospital and health system partners.
- PipelineRx Telepharmacy Telepharmacy and technology solution that provides remote pharmacy resources for order review, medication reconciliation, and patient counseling, serving health system and hospital partners.
- ProCure GPO Group purchasing organization offering exclusive pharmacy purchasing benefits and contracting services for member health systems, providing access to negotiated contracts and cost-effective therapies.
- Health System Solutions Integrated hospital pharmacy care delivery platform combining specialty pharmacy, home infusion, telepharmacy, 340B optimization, and pharmacy technology solutions for hospital and health system partners, delivered through the CarepathRx Health System Solutions (CHSS) subsidiary.
- 340B Solutions Comprehensive 340B Drug Pricing Program optimization including third-party administration, contract pharmacy services, script leakage prevention, and compliance support for health system partners.
- CarepathRx Patient Therapy Mobile (CPTM) White-label mobile application that enables patients to manage prescriptions, schedule refills, communicate with pharmacies, view prior authorization status, and track prescription workflow; integrates with DromosPTM and client Pharmacy Management Systems.
- NurseLink Clinical education and resource platform for home health nursing partners, providing policies, procedures, training videos, patient education materials, and continuing education programs supporting home infusion and enteral nutrition care.
- Specialty Pharmacy & Infusion Solutions End-to-end program development and support offering for building specialty pharmacy and home infusion programs, designed to be fully operational in six months or less for health system partners.
Quantifiable outcome
- 40% fewer hospitalizations for CarepathRx pharmacy support patients
- +3 more outcomes
Companies that use CarepathRx
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles2 records
CarepathRx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
CarepathRx partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- SDS RxcoreProCure by CarepathRx announced an exclusive partnership with SDS Rx to expand delivery solutions for home infusion and specialty pharmacy. The partnership provides ProCure members with logistics solutions that strengthen pharmacy operations and enhance patient experience.
- Nashville General HospitalcoreCarepathRx announced a specialty pharmacy partnership with Nashville General Hospital to build a specialty pharmacy program including financial assistance, counseling, prior authorizations, and comprehensive pharmacy services.
- ExactCare PharmacycoreExactCare is part of the CarepathRx network of pharmacies, providing state-of-the-art clinical service and medication management to thousands of patients nationwide. ExactCare focuses on at-home, polychronic patients and serves thousands across 7 locations nationwide.
- 340B HealthminorCarepathRx is proud to partner with 340B Health, a leading organization supporting 340B program participants.
- 340B ReportminorCarepathRx partners with 340B Report for industry reporting and compliance resources.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
CarepathRx competitors and assessment
Company assessmentDirect peers
- Option Care Health: Largest independent provider of home and alternate-site infusion services in the U.S., serving patients with complex conditions. Directly comparable to CarepathRx's Home & Ambulatory Infusion business line.
- Trellis Rx: Health-system-focused specialty pharmacy services company (now part of CPS Solutions) that builds and operates specialty pharmacies within hospitals and clinics. Direct competitor to CarepathRx's specialty pharmacy program development offering.
- Shields Health Solutions: Specialty pharmacy care delivery platform partnering with health systems to build and operate outpatient specialty pharmacies under a hospital-owned license model. Directly comparable to CarepathRx's specialty pharmacy and home infusion services for health systems.
- CPS Solutions (Comprehensive Pharmacy Services): Hospital pharmacy management and consulting firm providing outsourced pharmacy leadership, specialty pharmacy, and 340B services to U.S. health systems. Closely comparable to CarepathRx's integrated Health System Solutions platform following its acquisition of Trellis Rx.
- BrightSpring Health Services: Public home and community-based health services platform that includes specialty/home infusion pharmacy (Kroger Specialty Infusion acquired), pharmacy services, and provider services. Comparable across CarepathRx's home infusion and pharmacy care delivery verticals.
Broad incumbents
- CVS Specialty (CVS Health): Specialty pharmacy arm of CVS Health integrated with Caremark PBM. A broad incumbent that competes for the same health-system specialty scripts and limited distribution drugs CarepathRx targets.
- Amedisys: Large home health and infusion services provider (subject to UnitedHealth/Optum acquisition). Adjacent peer given overlap with CarepathRx's home and ambulatory infusion nursing and chronic care management services.
- Accredo (Express Scripts / Cigna): Cigna-owned specialty pharmacy arm of Express Scripts. Now a corporate sibling to CarepathRx post-Evernorth acquisition, and a benchmark for specialty pharmacy scale and Limited Distribution Drug access.
- Walgreens Specialty Pharmacy (VillageMD / Shields): Specialty pharmacy and home infusion services inside Walgreens' broader healthcare portfolio. Competes for hospital system specialty pharmacy partnerships and home infusion referrals.
Emerging players
- ExactCare Pharmacy: National at-home medication management and pharmacy provider focused on polychronic patients. Already part of the CarepathRx network of pharmacies and a useful peer for chronic-condition home pharmacy delivery economics.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
CarepathRx financial estimates
Financial estimateRevenue estimate
Valuation estimate
CarepathRx leadership team
Management profileNumber of profiles
Profiles10 records
CarepathRx subsidiaries and ownership
Company hierarchySubsidiaries2 records
CarepathRx funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CarepathRx M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CarepathRx
What does CarepathRx do?
CarepathRx provides end-to-end pharmacy care delivery services to health systems and hospitals, encompassing specialty pharmacy operations with access to limited distribution drugs and over 450 payor contracts, home and ambulatory infusion therapy, telepharmacy services through its PipelineRx platform, 340B Drug Pricing Program optimization, and a group purchasing organization (ProCure GPO). The company combines these clinical and operational services with proprietary technology platforms, including a white-label mobile application for patient prescription management.
Is CarepathRx a public or private company?
CarepathRx is a private company. It is classified as corporate owned and is currently acquired.
When was CarepathRx founded?
CarepathRx was founded in 2019. It employs 1,001 to 5,000 people.
Where is CarepathRx based?
CarepathRx is headquartered in Mercer Island, United States, in the North America region.
How does CarepathRx make money?
Five revenue lines are on record. Specialty Pharmacy Services are the primary driver. The others are home & Ambulatory Infusion, 340B Pharmacy Solutions, telepharmacy & Technology Solutions and proCure GPO (Group Purchasing Organization).
Who are CarepathRx's main competitors?
Direct peers on record are Option Care Health, Trellis Rx, Shields Health Solutions, CPS Solutions (Comprehensive Pharmacy Services) and BrightSpring Health Services. Broad incumbents are CVS Specialty (CVS Health), Amedisys, Accredo (Express Scripts / Cigna) and Walgreens Specialty Pharmacy (VillageMD / Shields). ExactCare Pharmacy is listed as an emerging player.
Does CarepathRx have an API?
No public API is recorded for CarepathRx.
What industry is CarepathRx in?
CarepathRx's product category is Hospital Pharmacy Care Delivery. Its primary akta.pro industry code is HLACAKAG, Specialty Pharmacy & Complex Therapy Management Platforms, with a secondary code of HLAFALAL, 340B Program Administration & Contract Pharmacy Services. Its NAICS code is 621 and its SIC code is 8000.