SUNRx
- Company typePrivate
- Founded2001
- HeadquartersBensalem, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
SUNRx firmographics
Firmographics- Name
- SUNRx
- Legal name
- 340B Holdings, LLC
- Website
- https://www.sunrx.com/
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
SUNRx industry classification
Industry- Product category
- 340B Drug Pricing Program Administration
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Health Services (8000)
- akta.pro primary industry
- Charge Capture & Clinical Documentation Improvement (CDI) for Billing (HLACACAF)
- akta.pro secondary industry
- DTx/SaMD Deployment, Integration & Reimbursement Enablement (HLACANAO)
Keywords
Where SUNRx is headquartered
LocationHeadquarters
- HQ city
- Bensalem
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
SUNRx business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- 340B Administration Services: SunRx provides comprehensive 340B program administration services to Covered Entities (hospitals, health centers) and their contracted pharmacies. Services include contract pharmacy network management, split billing, referral capture, advanced claims capture, specialty pharmacy management, and prescription discount card programs. Revenue is generated through administrative fees for managing 340B programs, technology platform access, and transaction-based services.
- Specialty Pharmacy Management: SunRx assists Covered Entities in building specialty pharmacy networks and managing specialty drug-specific nuances within 340B programs, generating savings on higher-cost specialty medications.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
SUNRx product offering
Product offeringCore offering
SUNRx provides comprehensive administration services for the federal 340B Drug Pricing Program on behalf of Covered Entities (hospitals, federally qualified health centers) and their contracted pharmacies. Its core offering is a Complete 340B Solution comprising contract pharmacy network management, split billing, referral capture, specialty pharmacy, a 340B prescription discount card for uninsured patients, and Advanced Claims Capture (ACC), delivered through a HIPAA/HITECH-compliant cloud platform and supported by dedicated account executives.
Product overview
SUNRx offers a platform-plus-modules architecture centered on complete 340B Drug Pricing Program administration. The core Complete 340B Solution encompasses Contract Pharmacy network management, 340B Prescription Discount Card, Referral Capture, Specialty Pharmacy, Split Billing, Customer Care, and Advanced Claims Capture (ACC340B). These core modules are complemented by Command340B, an integrated suite of solutions addressing rebate complexity — including ACC340B, Assist340B (ESP/rebate data submission), Edge (Rebate Model TPA), Clear (transparency reporting), Certify (compliance), and Transit (pharmacy gateway). The Command340B suite provides infrastructure for real-time data integration, Beacon rebate submissions, audit readiness, and rebate-based contract management. All solutions are delivered with hands-on customer support and compliance-focused implementation.
Differentiator
Problem solved
Functional benefit
Brands
- Command340B: Integrated suite of solutions addressing 340B market challenges including rebate management, compliance, and pharmacy gateway services. Includes sub-products: ACC (Advanced Claims Capture), Assist340B, Edge, Clear, Certify, and Transit.
- ACC340B
- 340B Pharmacy Academy
Products and services
- Complete 340B Solution End-to-end 340B program administration package for hospitals and health centers covering contract pharmacy, split billing, referral capture, specialty pharmacy, prescription discount card, and customer care, designed to optimize program performance while maintaining regulatory compliance.
- Contract Pharmacy
Quantifiable outcome
- Near doubling of capture rates and revenue for Advanced Claims Capture users
- +2 more outcomes
Companies that use SUNRx
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
SUNRx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
SUNRx partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- AuthorityRxcoreSunRx acquired AuthorityRx on September 21, 2023. AuthorityRx is a technology and pharmacy consulting firm comprising licensed healthcare professionals. The acquisition complements SunRx's 340B offerings with auditing, compliance services, and two cloud-based applications: Advanced Claims Capture (ACC) and the manufacturer support application. ACC significantly increases 340B savings by uncovering and resolving fallout claims, while the manufacturer support application restores and protects savings associated with manufacturer-imposed restrictions requiring claims uploads.
- MedImpact Healthcare SystemscoreSunRx (340B Holdings, LLC) is a wholly-owned subsidiary of MedImpact Healthcare Systems, Inc., the nation's largest independent pharmacy benefit manager (PBM) and health solutions company. MedImpact provides infrastructure, PBM capabilities, and technology integration that enable SunRx's unique real-time 340B prescription discount card program.
- 340B HealthcoreSunRx is a corporate partner of 340B Health, a nonprofit membership organization of more than 1,400 public and private non-profit hospitals and health systems participating in the 340B drug pricing program. 340B Health is the leading advocate and resource for hospital participants in 340B. The partnership broadens program offerings for hospitals, patients, and health centers.
- Apexus / 340B Prime Vendor ProgramminorApexus is the nation's leader in creating reliable healthcare solutions and enhancing access to medications through the 340B Prime Vendor Program (PVP). SunRx directs clients to Apexus for 340B education, Prime Vendor Program access, and technical assistance supporting program integrity.
- Beacon Channel ManagementcoreBeacon Channel Management is the vendor selected by nine drug manufacturers to administer the 340B rebate model. SunRx's Command340B suite integrates with Beacon for rebate data submission and compliance. Covered entities must maintain registrations with both 340B ESP and Beacon platforms for rebate model participation.
- 340B ESP (Second Sight Solutions)core340B ESP is a drug industry vendor operated by Second Sight Solutions that facilitates 340B claim management and oversees implementation of drug manufacturer policies and restrictions. SunRx's Command340B Assist integrates with 340B ESP for real-time data validation and rebate data submission. Both Beacon and 340B ESP are part of Second Sight Solutions.
- State Hospital AssociationscoreSunRx holds partnership agreements with multiple state hospital associations through which it has been endorsed as the exclusive 340B administrator of choice for their member hospitals. Partnerships require review of SunRx's technology, services, compliance adherence, and management capabilities.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
SUNRx competitors and assessment
Company assessmentDirect peers
- CaptureRx: 340B administration platform serving health centers (FQHCs) and hospitals with contract pharmacy and split-billing solutions. Direct competitor in the same regulatory and customer environment as SUNRx.
- Craneware (Sentry Data Systems): Craneware acquired Sentry Data Systems, one of the largest 340B TPAs serving hospitals and health centers. Directly competes with SUNRx across split billing, contract pharmacy administration, and 340B compliance — same buyer, same regulatory regime.
- Macro Helix: Provides 340B program management, split billing, and analytics to hospital and FQHC covered entities. Closely comparable to SUNRx in product scope and target customer.
- Verity Solutions: A 340B TPA that provides split billing, contract pharmacy, and compliance software to covered entities. Directly comparable to SUNRx across the same product modules (split billing, contract pharmacy, referral capture) and the same hospital/health-center buyer.
- Wellpartner (R&S Northeast / Wellpartner): Long-standing 340B contract pharmacy administrator for safety-net hospitals, FQHCs, and specialty pharmacies. Direct competitor in contract pharmacy network administration.
Others
- MedImpact Healthcare Systems: SUNRx's parent company and the nation's largest independent PBM. Provides infrastructure, PBM claims processing, and technology that power SUNRx's 340B discount card; not a competitor but the enabling ecosystem.
- Apexus / 340B Prime Vendor Program: Federal 340B Prime Vendor and HRSA contractor that provides education, technical assistance, and sub-ceiling pricing rather than administration. SUNRx directs clients to Apexus for education — adjacent, not competing.
- 340B Health: Membership and advocacy association of 1,400+ hospital participants in the 340B program. SUNRx is a corporate partner — adjacent rather than competitive.
Broad incumbents
- Ravin.ai / Walgreens Boots Alliance (340B Services): Large retail pharmacy and healthcare conglomerate that runs 340B-covered contract pharmacy programs at scale for health systems. Competes with SUNRx indirectly through in-house contract pharmacy participation and related 340B services.
- CVS Health (Caremark / Cordavis): Vertically integrated PBM, pharmacy, and health-services conglomerate with 340B-related capabilities and contract pharmacy infrastructure. Overlaps with SUNRx at the PBM / contract pharmacy boundary.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SUNRx social profiles
Digital presenceSUNRx compliance and trust
Trust signalCompliance6 records
SUNRx financial estimates
Financial estimateRevenue estimate
Valuation estimate
SUNRx leadership team
Management profileNumber of profiles
Profiles7 records
SUNRx subsidiaries and ownership
Company hierarchySubsidiaries1 record
SUNRx funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SUNRx M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SUNRx
What does SUNRx do?
SUNRx provides comprehensive administration services for the federal 340B Drug Pricing Program on behalf of Covered Entities (hospitals, federally qualified health centers) and their contracted pharmacies. Its core offering is a Complete 340B Solution comprising contract pharmacy network management, split billing, referral capture, specialty pharmacy, a 340B prescription discount card for uninsured patients, and Advanced Claims Capture (ACC), delivered through a HIPAA/HITECH-compliant cloud platform and supported by dedicated account executives.
Is SUNRx a public or private company?
SUNRx is a private company. It is classified as corporate owned and is currently operating.
When was SUNRx founded?
SUNRx was founded in 2001. It employs 101 to 250 people.
Where is SUNRx based?
SUNRx is headquartered in Bensalem, United States, in the North America region.
How does SUNRx make money?
Two revenue lines are on record. 340B Administration Services are the primary driver. The others are specialty Pharmacy Management.
Who are SUNRx's main competitors?
Direct peers on record are CaptureRx, Craneware (Sentry Data Systems), Macro Helix, Verity Solutions and Wellpartner (R&S Northeast / Wellpartner). Others are MedImpact Healthcare Systems, Apexus / 340B Prime Vendor Program and 340B Health. Broad incumbents are Ravin.ai / Walgreens Boots Alliance (340B Services) and CVS Health (Caremark / Cordavis).
Does SUNRx have an API?
No public API is recorded for SUNRx.
What industry is SUNRx in?
SUNRx's product category is 340B Drug Pricing Program Administration. Its primary akta.pro industry code is HLACACAF, Charge Capture & Clinical Documentation Improvement (CDI) for Billing, with a secondary code of HLACANAO, DTx/SaMD Deployment, Integration & Reimbursement Enablement. Its NAICS code is 518 and its SIC code is 8000.