ServRx
ServRx is a Scottsdale-based electronic Workers' Compensation pharmacy claims processor offering real-time, single-BIN adjudication and guaranteed payments to independent pharmacies, non-pharmacy dispensing sites, and national chains across the U.S.
- Company typePrivate
- Founded2011
- HeadquartersScottsdale, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What ServRx does
ServRx, Inc. is a privately held U.S. company that processes electronic Workers' Compensation pharmacy prescription claims on behalf of independent pharmacies, non-pharmacy dispensing sites (NPDS), and national pharmacy chains. The company's core offering is a real-time, single-BIN (Bank Identification Number) adjudication platform that verifies claims, returns immediate payment confirmation, and guarantees payment to the dispensing pharmacy. ServRx positions itself explicitly as non-PBM-affiliated, meaning claims are not redirected to mail-order fulfillment and the patient remains in the dispensing pharmacy for the life of the claim.
The platform is delivered as a transaction-fee service with no upfront enrollment cost to pharmacies. Pharmacies enroll via direct phone/email contact or through Pharmacy Services Administrative Organizations (PSAOs) with which ServRx has contracted relationships, including Health Mart Atlas, EPIC Pharmacies, Sav-Mor, and others. Technology integrations include SureScripts-certified E-prescribing and a 7-day live Help Desk. A dedicated NPDS product line adds dispensing and inventory management plus revenue cycle management tools for non-pharmacy dispensers.
ServRx generates revenue through per-claim transaction fees on processed Workers' Compensation prescriptions. The go-to-market is sales-led, combining direct enrollment outreach, conference presence (NCPA, Texas Pharmacy Association, PDS Super-Conference), a PFOA preferred-vendor partnership, and PSAO channel relationships. The company is headquartered in Scottsdale, Arizona, has 51-100 employees, and was founded in 2011, with no disclosed institutional funding beyond a 2013 investment from Sagemoore Capital.
ServRx firmographics
Firmographics- Name
- ServRx
- Legal name
- ServRx, Inc.
- Website
- https://servrx.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- ServRx is a Scottsdale-based electronic Workers' Compensation pharmacy claims processor offering real-time, single-BIN adjudication and guaranteed payments to independent pharmacies, non-pharmacy dispensing sites, and national chains across the U.S.
- Ownership category
- akta.pro rank
ServRx industry classification
Industry- Product category
- Pharmacy Claims Processing
- NAICS
- 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
- PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools) (HLAEAKAL)
- akta.pro secondary industry
- Pharmacy Information Systems (PIS) & Dispensing Workflow (HLACAKAC)
Keywords
Where ServRx is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Markets served
ServRx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Processing Fees: ServRx generates revenue by processing Workers' Compensation pharmacy claims. The service is offered at no cost to pharmacies to enroll, indicating the company takes a transaction fee or percentage of each processed claim. The company guarantees payments to pharmacies while earning revenue from claim processing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Free enrollment for all pharmacies |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
ServRx product offering
Product offeringCore offering
ServRx is an electronic Workers' Compensation prescription claims processing company that adjudicates pharmacy claims in real time using a one BIN solution, guaranteeing payment to pharmacies and avoiding patient redirection to mail-order fulfillment. The platform serves independent pharmacies, national pharmacy chains, and non-pharmacy dispensing sites, with complementary services including SureScripts-certified E-prescribing, dispensing and inventory management, and a 7-day live Help Desk for claims support.
Product overview
ServRx is a Workers' Compensation pharmacy prescription claims processing company offering a unified platform centered on its core ServRx™ claims processing solution—a real-time, one BIN system that guarantees payments and keeps patients in-pharmacy without PBM affiliation or mail-order redirection. The platform is complemented by services for Non-Pharmacy Dispensing Sites (NPDS), including E-prescribing via SureScripts certification, inventory management, and revenue cycle management tools, plus a 7-day live Help Desk for claim support.
Differentiator
Problem solved
Functional benefit
Products and services
- ServRx Workers' Compensation Claims Processing Platform A real-time, one BIN electronic adjudication and payment system for Workers' Compensation pharmacy prescriptions. It enables pharmacies to process WC claims instantly, receive guaranteed payments, and retain WC patients without redirection to mail-order fulfillment, with 7-day live Help Desk support.
- Non-Pharmacy Dispensing Sites (NPDS) Services A customized suite of services for non-pharmacy dispensing sites (NPDS) such as clinics and occupational health providers, including real-time claims processing, dispensing and inventory management tools, SureScripts-certified E-prescribing, complete software and database tools, and flexible revenue cycle management.
Quantifiable outcome
- Most W/C patients complete pharmacy visit within 10 minutes
Companies that use ServRx
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
ServRx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
ServRx partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered minor and core.
- PPOkminorPartner relationship listed on ServRx website.
- Auburn PharmacyminorPartner relationship listed on ServRx website.
- Winn-DixieminorPartner relationship listed on ServRx website. Supermarket chain under Southeastern Grocers.
- Harvey's SupermarketminorPartner relationship listed on ServRx website. Supermarket chain under Southeastern Grocers.
- ShopRiteminorPartner relationship listed on ServRx website. Cooperative supermarket chain.
- Pharmacy FirstminorPartner relationship listed on ServRx website.
- EPIC PharmaciesminorPartner relationship listed on ServRx website.
- Bashas'minorPartner relationship listed on ServRx website. Arizona-based supermarket chain.
- SchnucksminorPartner relationship listed on ServRx website. Midwestern supermarket chain.
- Health Mart AtlasminorPartner relationship listed on ServRx website. PSAO (Pharmacy Services Administrative Organization) under McKesson.
- Sav-MorminorPartner relationship listed on ServRx website. Pharmacy buying group.
- SpartanNashminorPartner relationship listed on ServRx website. Food distributor and retailer.
- Wakefern Food Corp.minorPartner relationship listed on ServRx website. Wakefern is a cooperative that supplies ShopRite supermarkets.
- AreteminorPartner relationship listed on ServRx website.
- Bi-LominorPartner relationship listed on ServRx website. Bi-Lo is a supermarket chain under Southeastern Grocers.
- Fresco Y MasminorPartner relationship listed on ServRx website. Hispanic grocery chain under Southeastern Grocers.
- Southeastern GrocersminorPartner relationship listed on ServRx website. Parent company of Bi-Lo, Winn-Dixie, Fresco Y Mas, and Harvey's Supermarket.
- PFOA (Pharmacy Fidelity Owners Association)coreServRx is the preferred vendor for PFOA, ensuring pharmacy members are reimbursed more when processing Workers' Comp prescriptions. The partnership includes video reviews and co-marketing to PFOA's pharmacy member base.
- SureScriptscoreSureScripts is the certified E-prescribing network partner that enables electronic prescription transmission for ServRx processing.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
ServRx competitors and assessment
Company assessmentBroad incumbents
- Mitchell International (Enlyte): Major WC claims management and pharmacy bill review provider serving payers and self-insured employers. Adjacent incumbent with overlapping WC pharmacy claims processing capabilities as part of broader claims platform.
- Express Scripts (Cigna): Large national PBM with Workers' Compensation drug program offerings that competes on scale and integrated mail-order networks. ServRx differentiates precisely by being non-PBM-affiliated.
- Optum Workers' Compensation: Optum (UnitedHealth Group) operates large-scale PBM and WC claims services across multiple payer and pharmacy channels. Broad incumbent that competes with ServRx for WC pharmacy volume through scale advantages and bundled services.
Direct peers
- Helios: Workers' compensation specialty care and pharmacy management company focused on clinical and cost containment solutions. Comparable vertical focus and pharmacy claims processing orientation.
- myMatrixx (an Enlyte company): Workers' compensation PBM delivering pharmacy benefit management, clinical oversight, and claims processing for WC payers. Direct competitor in WC pharmacy adjudication with overlapping target customers (pharmacies and payers).
- PMSI (legacy, now Healthesystems): Legacy brand of one of the original WC pharmacy benefit management companies, now operating under Healthesystems. Historically one of the most established direct competitors in WC pharmacy claims processing.
- Healthesystems: A leading Workers' Compensation pharmacy benefit management company providing clinical and claims management solutions to payers and pharmacy networks. Most directly comparable to ServRx as a WC-focused pharmacy claims processor with similar customer base.
- Cypress Care: Workers' compensation pharmacy and ancillary services provider offering PBM solutions specifically tailored to WC claims. Direct competitor in the same niche market.
- Freeport Health: Specialty WC pharmacy and clinical services company providing customized pharmacy solutions for WC claims. Niche competitor with similar pharmacy-customer orientation and real-time processing focus.
Emerging players
- Sirona Strategies: Workers' compensation specialty pharmacy and clinical management company with a focus on controlled substances and complex therapies. Emerging player addressing overlapping WC pharmacy use cases.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
ServRx financial estimates
Financial estimateRevenue estimate
Valuation estimate
ServRx leadership team
Management profileNumber of profiles
Profiles3 records
ServRx funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ServRx M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ServRx
What does ServRx do?
ServRx is an electronic Workers' Compensation prescription claims processing company that adjudicates pharmacy claims in real time using a one BIN solution, guaranteeing payment to pharmacies and avoiding patient redirection to mail-order fulfillment. The platform serves independent pharmacies, national pharmacy chains, and non-pharmacy dispensing sites, with complementary services including SureScripts-certified E-prescribing, dispensing and inventory management, and a 7-day live Help Desk for claims support.
Is ServRx a public or private company?
ServRx is a private company. It is classified as venture growth investor backed and is currently operating.
When was ServRx founded?
ServRx was founded in 2011. It employs 51 to 100 people.
Where is ServRx based?
ServRx is headquartered in Scottsdale, United States, in the North America region.
How does ServRx make money?
One revenue line is on record: transaction Processing Fees.
Who are ServRx's main competitors?
Broad incumbents on record are Mitchell International (Enlyte), Express Scripts (Cigna) and Optum Workers' Compensation. Direct peers are Helios, myMatrixx (an Enlyte company), PMSI (legacy, now Healthesystems), Healthesystems, Cypress Care and Freeport Health. Sirona Strategies is listed as an emerging player.
Does ServRx have an API?
No public API is recorded for ServRx.
What industry is ServRx in?
ServRx's product category is Pharmacy Claims Processing. Its primary akta.pro industry code is HLAEAKAL, PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools), with a secondary code of HLACAKAC, Pharmacy Information Systems (PIS) & Dispensing Workflow. Its NAICS code is 524292 and its SIC code is 5912.