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ELMCRx Solutions

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uuid0007sm4

Namestring
ELMCRx Solutions
Legal namestring
ELMC Rx Solutions, LLC
Websiteurl
elmcrx.com
Company typeenum
Private
Founded yearint
2023
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersWayne, United States
HQ citystring
Wayne
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pharmacy benefit management, prescription cost containment, claims auditing services, prior authorization management, specialty pharmacy management
Industry4 codes
1PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools)
CodeHLAEAKALPrimaryYes
2Claims Processing, Adjudication & Payment Integrity
CodeHLAEAKACPrimaryNo
3Pharmacy Benefit Analytics, Reporting & Employer Consulting
CodeHLAEAKAKPrimaryNo
4Pharmacy Benefit Management (PBM) & Formulary Management IT
CodeHLACAKADPrimaryNo
NAICS code1 code
  • Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds524292
SIC code2 codes
  • Hospital & Medical Service Plans6324
  • Services-Prepackaged Software7372
Product category
Pharmacy Benefit Management Services
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1PBM Support Services
TypeManaged Services
Description

ELMCRx provides a suite of pharmacy benefit management point solutions including prior authorization services, payment integrity solutions, pharmacy claims auditing, and clinical management support. Revenue is generated through service fees charged to TPAs, brokers, employers, and PBMs for cost containment and clinical oversight services.

elmcrx.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Custom enterprise pricing based on client needs
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing is quote-based and tailored to each client's specific requirements. Services are contracted through direct sales engagement rather than public pricing pages.

elmcrx.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

ELMCRx Solutions provides a curated portfolio of pharmacy benefit management (PBM) point solutions to control prescription drug costs for self-funded employers, brokers, third-party administrators (TPAs), and PBMs. Its core service areas include Rx Clinical Management Support (prior authorizations, specialty and GLP-1 oversight), PBA Design & Support powered by Capital Rx's Judi platform, and Payment Integrity & Claims Monitoring Solutions. The company acquired Caribou Systems in October 2025 to add pharmacy claims auditing and rebate integrity services.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Up to 30% plan savings on specialty drugs
+5 more records
Product overview1 text field

ELMCRx Solutions is a growing portfolio of PBM (Pharmacy Benefit Management) point solutions built around a central mission of minimizing rapidly escalating prescription prices and maximizing pharmacy benefits value. The company operates as a platform-plus-modules architecture with three core strategic service areas: (1) Rx Clinical Management Support Solutions for prior authorizations and specialty drug oversight, (2) PBA Design & Support leveraging Capital Rx's Judi platform for customized pharmacy benefit programs, and (3) Payment Integrity & Claims Monitoring Solutions for auditing and cost containment. ELMCRx also acquired Caribou Systems (October 2025) to add pharmacy claims audit services and rebate integrity capabilities. The portfolio includes integrated partner solutions from Capital Rx's Judi platform, Peek's prescription marketplace, Emerging Therapy Solutions (ETS) for cell and gene therapy, Quantify Health, and Navion. The company serves brokers, employers, TPAs, and PBMs through a single entry point providing comprehensive cost-containment and pharmacy benefit management solutions.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-08-14
Description

Strategic partnership leveraging Capital Rx's cloud-native Judi platform to enable TPAs and PBMs to create customized, transparent pharmacy benefit programs. ELMCRx integrates Judi capabilities into its PBA Design & Support services, offering real-time insights, modular design, comprehensive data analytics, and API connectivity.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-12-10
Description

Partnership to offer clients enhanced specialty savings for cell and gene therapy (CGT) costs. ETS provides CGT forecasting services using risk algorithms, clinical trial analysis, and claims history to help employers manage high-cost therapy exposure. ELMCRx integrates ETS capabilities into its specialty management offerings.

Strategic tierSupportingTypeStrategic or Co-development PartnerAnnounced on2024-10-31
Description

Strategic partnership where Peek's prescription marketplace integrates with ELMCRx offerings to provide patients full visibility into prescription costs including insurance, cash discount cards, and copay offset programs. Extends ELMCRx's non-specialty prescription cost containment capabilities.

Strategic tierSupportingTypeTechnology or Integration
Description

Partner providing pharmacy cost navigation and complexity management solutions integrated into ELMCRx's suite of offerings.

Strategic tierSupportingTypeTechnology or Integration
Description

Partner offering specialty care analytics and health data solutions that complement ELMCRx's cost containment services.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Capital Rx is a transparent, cloud-native PBM offering the Judi enterprise health platform. It is both a direct competitor in the PBM market and a strategic technology partner to ELMCRx, making it the closest comparable in business model and target customers (self-funded employers, TPAs, brokers).

TypeDirect peer
Description

RxBenefits is a pharmacy benefit aggregator serving brokers and employers with access to multiple PBM options and clinical oversight services. It competes directly with ELMCRx in providing consolidated PBM point solutions to mid-market self-funded plans through broker distribution.

TypeDirect peer
Description

Truveris provides independent PBM analytics, audit, and contract oversight for employers, TPAs, and health plans. It is directly comparable to ELMCRx's payment integrity and claims audit modules, especially after the Caribou Systems acquisition expanded audit capabilities.

TypeDirect peer
Description

SmithRx is a transparent PBM targeting small and mid-sized self-funded employers with technology-driven benefit administration. It competes with ELMCRx for the same employer and broker customers seeking PBM alternatives to large incumbents.

TypeDirect peer
Description

EmpiRx Health is a clinically-driven PBM focused on specialty drug management and prior authorization for self-funded employers. Its clinical oversight and specialty management capabilities directly overlap with ELMCRx's Rx Clinical Management Support Solutions.

TypeDirect peer
Description

Artemis Health provides pharmacy and medical benefits analytics for self-funded employers and TPAs. Its analytics platform overlaps with ELMCRx's payment integrity and Rx analytics offerings for the same employer and TPA customer base.

TypeDirect peer
Description

Liviniti is a transparent PBM and pharmacy solutions provider for self-funded employers, health plans, and TPAs. It competes with ELMCRx across multiple service lines including specialty management, clinical oversight, and pharmacy network services.

TypeEmerging player
Description

TransparentRx is a smaller transparent PBM focused on self-funded employer plans. It is an emerging competitor in the same niche ELMCRx targets, though smaller in scale and product breadth.

TypeBroad incumbent
Description

OptumRx is the largest PBM in the U.S., part of UnitedHealth Group. It is the dominant incumbent whose practices ELMCRx positions against, and competes broadly for the same self-funded employer and TPA customers with vastly greater scale.

10PSG (Pharmacy Solutions Group)
TypeDirect peer
Description

PSG provides PBM consulting, audit, and contract oversight services for employers and plan sponsors. Its independent PBM advisory and audit services overlap significantly with ELMCRx's payment integrity and Caribou Systems audit offerings.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

ELMCRx Solutions

Pharmacy Benefit Management Serviceselmcrx.com

ELMCRx Solutions firmographics

Firmographics
Name
ELMCRx Solutions
Legal name
ELMC Rx Solutions, LLC
Website
https://elmcrx.com
Company type
Private
Founded year
2023
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

ELMCRx Solutions industry classification

Industry
Product category
Pharmacy Benefit Management Services
NAICS
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
SIC
Hospital & Medical Service Plans (6324), Services-Prepackaged Software (7372)
akta.pro primary industry
PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools) (HLAEAKAL)
akta.pro secondary industries
Claims Processing, Adjudication & Payment Integrity (HLAEAKAC), Pharmacy Benefit Analytics, Reporting & Employer Consulting (HLAEAKAK), Pharmacy Benefit Management (PBM) & Formulary Management IT (HLACAKAD)

Keywords

  • Pharmacy benefit management
  • Prescription cost containment
  • Claims auditing services
  • Prior authorization management
  • Specialty pharmacy management

Where ELMCRx Solutions is headquartered

Location

Headquarters

HQ city
Wayne
HQ country
United States
HQ region
North America

Offices1 record

Markets served

ELMCRx Solutions business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. PBM Support Services: ELMCRx provides a suite of pharmacy benefit management point solutions including prior authorization services, payment integrity solutions, pharmacy claims auditing, and clinical management support. Revenue is generated through service fees charged to TPAs, brokers, employers, and PBMs for cost containment and clinical oversight services.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom enterprise pricing based on client needs

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

ELMCRx Solutions product offering

Product offering

Core offering

ELMCRx Solutions provides a curated portfolio of pharmacy benefit management (PBM) point solutions to control prescription drug costs for self-funded employers, brokers, third-party administrators (TPAs), and PBMs. Its core service areas include Rx Clinical Management Support (prior authorizations, specialty and GLP-1 oversight), PBA Design & Support powered by Capital Rx's Judi platform, and Payment Integrity & Claims Monitoring Solutions. The company acquired Caribou Systems in October 2025 to add pharmacy claims auditing and rebate integrity services.

Product overview

ELMCRx Solutions is a growing portfolio of PBM (Pharmacy Benefit Management) point solutions built around a central mission of minimizing rapidly escalating prescription prices and maximizing pharmacy benefits value. The company operates as a platform-plus-modules architecture with three core strategic service areas: (1) Rx Clinical Management Support Solutions for prior authorizations and specialty drug oversight, (2) PBA Design & Support leveraging Capital Rx's Judi platform for customized pharmacy benefit programs, and (3) Payment Integrity & Claims Monitoring Solutions for auditing and cost containment. ELMCRx also acquired Caribou Systems (October 2025) to add pharmacy claims audit services and rebate integrity capabilities. The portfolio includes integrated partner solutions from Capital Rx's Judi platform, Peek's prescription marketplace, Emerging Therapy Solutions (ETS) for cell and gene therapy, Quantify Health, and Navion. The company serves brokers, employers, TPAs, and PBMs through a single entry point providing comprehensive cost-containment and pharmacy benefit management solutions.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • Up to 30% plan savings on specialty drugs
  • +5 more outcomes

Companies that use ELMCRx Solutions

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles4 records

ELMCRx Solutions technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

ELMCRx Solutions partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and supporting.

  • Capital RxcoreTechnology or Integration · 14 August 2025Strategic partnership leveraging Capital Rx's cloud-native Judi platform to enable TPAs and PBMs to create customized, transparent pharmacy benefit programs. ELMCRx integrates Judi capabilities into its PBA Design & Support services, offering real-time insights, modular design, comprehensive data analytics, and API connectivity.
  • Emerging Therapy Solutions (ETS)coreStrategic or Co-development Partner · 10 December 2024Partnership to offer clients enhanced specialty savings for cell and gene therapy (CGT) costs. ETS provides CGT forecasting services using risk algorithms, clinical trial analysis, and claims history to help employers manage high-cost therapy exposure. ELMCRx integrates ETS capabilities into its specialty management offerings.
  • Peek Healthcare TechnologiessupportingStrategic or Co-development Partner · 31 October 2024Strategic partnership where Peek's prescription marketplace integrates with ELMCRx offerings to provide patients full visibility into prescription costs including insurance, cash discount cards, and copay offset programs. Extends ELMCRx's non-specialty prescription cost containment capabilities.
  • Navion (formerly AlignRx)supportingTechnology or IntegrationPartner providing pharmacy cost navigation and complexity management solutions integrated into ELMCRx's suite of offerings.
  • Quantify HealthsupportingTechnology or IntegrationPartner offering specialty care analytics and health data solutions that complement ELMCRx's cost containment services.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

ELMCRx Solutions competitors and assessment

Company assessment

Direct peers

  • Capital Rx: Capital Rx is a transparent, cloud-native PBM offering the Judi enterprise health platform. It is both a direct competitor in the PBM market and a strategic technology partner to ELMCRx, making it the closest comparable in business model and target customers (self-funded employers, TPAs, brokers).
  • RxBenefits: RxBenefits is a pharmacy benefit aggregator serving brokers and employers with access to multiple PBM options and clinical oversight services. It competes directly with ELMCRx in providing consolidated PBM point solutions to mid-market self-funded plans through broker distribution.
  • Truveris: Truveris provides independent PBM analytics, audit, and contract oversight for employers, TPAs, and health plans. It is directly comparable to ELMCRx's payment integrity and claims audit modules, especially after the Caribou Systems acquisition expanded audit capabilities.
  • SmithRx: SmithRx is a transparent PBM targeting small and mid-sized self-funded employers with technology-driven benefit administration. It competes with ELMCRx for the same employer and broker customers seeking PBM alternatives to large incumbents.
  • EmpiRx Health: EmpiRx Health is a clinically-driven PBM focused on specialty drug management and prior authorization for self-funded employers. Its clinical oversight and specialty management capabilities directly overlap with ELMCRx's Rx Clinical Management Support Solutions.
  • Artemis Health: Artemis Health provides pharmacy and medical benefits analytics for self-funded employers and TPAs. Its analytics platform overlaps with ELMCRx's payment integrity and Rx analytics offerings for the same employer and TPA customer base.
  • Liviniti: Liviniti is a transparent PBM and pharmacy solutions provider for self-funded employers, health plans, and TPAs. It competes with ELMCRx across multiple service lines including specialty management, clinical oversight, and pharmacy network services.
  • PSG (Pharmacy Solutions Group): PSG provides PBM consulting, audit, and contract oversight services for employers and plan sponsors. Its independent PBM advisory and audit services overlap significantly with ELMCRx's payment integrity and Caribou Systems audit offerings.

Emerging players

  • TransparentRx: TransparentRx is a smaller transparent PBM focused on self-funded employer plans. It is an emerging competitor in the same niche ELMCRx targets, though smaller in scale and product breadth.

Broad incumbents

  • OptumRx: OptumRx is the largest PBM in the U.S., part of UnitedHealth Group. It is the dominant incumbent whose practices ELMCRx positions against, and competes broadly for the same self-funded employer and TPA customers with vastly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

ELMCRx Solutions social profiles

Digital presence

ELMCRx Solutions financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ELMCRx Solutions leadership team

Management profile

Number of profiles

Profiles4 records

ELMCRx Solutions subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

ELMCRx Solutions funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

ELMCRx Solutions M&A and investment

M&A and investment

M&A1 record

Investments

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

Frequently asked questions about ELMCRx Solutions

What does ELMCRx Solutions do?

ELMCRx Solutions provides a curated portfolio of pharmacy benefit management (PBM) point solutions to control prescription drug costs for self-funded employers, brokers, third-party administrators (TPAs), and PBMs. Its core service areas include Rx Clinical Management Support (prior authorizations, specialty and GLP-1 oversight), PBA Design & Support powered by Capital Rx's Judi platform, and Payment Integrity & Claims Monitoring Solutions. The company acquired Caribou Systems in October 2025 to add pharmacy claims auditing and rebate integrity services.

Is ELMCRx Solutions a public or private company?

ELMCRx Solutions is a private company. It is classified as private equity controlled and is currently operating.

When was ELMCRx Solutions founded?

ELMCRx Solutions was founded in 2023. It employs 11 to 50 people.

Where is ELMCRx Solutions based?

ELMCRx Solutions is headquartered in Wayne, United States, in the North America region.

How does ELMCRx Solutions make money?

One revenue line is on record: PBM Support Services.

Who are ELMCRx Solutions's main competitors?

Direct peers on record are Capital Rx, RxBenefits, Truveris, SmithRx, EmpiRx Health, Artemis Health, Liviniti and PSG (Pharmacy Solutions Group). TransparentRx is listed as an emerging player. OptumRx is listed as a broad incumbent.

Does ELMCRx Solutions have an API?

No public API is recorded for ELMCRx Solutions.

What industry is ELMCRx Solutions in?

ELMCRx Solutions's product category is Pharmacy Benefit Management Services. Its primary akta.pro industry code is HLAEAKAL, PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools), with a secondary code of HLAEAKAC, Claims Processing, Adjudication & Payment Integrity. Its NAICS code is 524292 and its SIC code is 6324.

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Live signals
EIN PresswireCaribou Launches New Brand to Reflect Singular Focus on Pharmacy Auditing, Payment Integrity, and Fiduciary SolutionsCaribou unveiled a new brand identity, shifting focus to pharmacy claims auditing, claims monitoring, and fiduciary oversight, effective Q3. The move follows its 2025 acquisition by ELMCRx, which is also rebranding under the Caribou name. The firm aims to strengthen its independent auditing reputation amid PBM industry pressure.ElmcrxELMCRx Solutions Partners with Capital Rx to Expand Innovative PBM Support SolutionsELMCRx Solutions has announced a strategic partnership with Capital Rx to enhance pharmacy benefit management solutions by leveraging Capital Rx’s cloud-native platform, Judi®. This collaboration aims to transform inefficient pharmacy benefits systems and provide significant savings and efficiencies for clients navigating the pharmacy benefit landscape.PR NewswireBanjo Health Inc. Announces Partnership with ELMCRx SolutionsBanjo Health Inc., an AI-driven healthcare technology startup founded in May 2019, announced a multi-year partnership agreement with ELMCRx Solutions, a Pennsylvania-based pharmacy benefits management firm, effective March 1, 2021. Under the agreement, Banjo Health will provide its Harmony PA prior authorization management solution to enhance ELMCRx's existing PA workflows and clinical decision-making processes. The partnership aims to deliver operational efficiencies and support ELMCRx's growth by improving turnaround times and patient satisfaction through intelligent, clinician-focused solutions.