myCatalyst
OneVeracity (formerly Veracity Benefits) is an integrated healthcare solutions provider that delivers health plan administration, PBM (VeracityRx), care navigation, and on-site health center services to 360+ self-funded U.S. employers through a broker-led distribution channel.
- Company typePrivate
- Founded2005
- HeadquartersCatawba, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What myCatalyst does
OneVeracity (legal entity Veracity Benefits, LLC, formerly known as Veracity Benefits) is an integrated healthcare solutions provider serving self-funded U.S. employers and the insurance brokers and consultants who advise them. The company combines health plan administration (third-party administrator services), pharmacy benefit management through its VeracityRx subsidiary (with a pass-through pricing model and a mobile app for members), care navigation services (including reference-based pricing navigation), and on-site health center operations under a single coordinated team with unified reporting. Its technology stack is built around an integrated reporting dashboard that gives finance and HR leadership defensible, executive-ready visibility into utilization, engagement, and outcomes across the medical and pharmacy spend.
The business model is managed services sold exclusively through a broker-led partnership channel: OneVeracity does not sell directly to employers but enters via insurance brokers and benefits consultants (including McGriff/Marsh & McLennan, Gilsbar, and GBS Gallagher) who retain client relationships while OneVeracity executes on cost control and reporting. Pricing is quote-based and not publicly disclosed; the value proposition is anchored on 20-30% typical savings for self-funded plans, a 94% client retention rate, 360+ active employer groups, 170,000+ member lives managed, and a 45-day implementation timeline. The operating geography is the Southeastern United States, though the May 2026 acquisition of Florida-based Anchor Benefit Consulting suggests national ambitions.
The company is privately held by co-founders Marilynn E. "Pepper" Schafer and Michael A. Espenlaub, with no institutional investor ownership disclosed. It operates through multiple wholly-owned subsidiaries (Veracity Analytics, Veracity OnSite, Veracity Georgia Clinic, Maple Leaf, Veracity Care Solutions, Veracity Risk Solutions, VeracityRx, and the recently acquired Anchor Benefit Consulting). OneVeracity is HIPAA-compliant and holds relevant healthcare regulatory obligations. The broader strategic direction is signaled by the April 2026 rebrand to OneVeracity, the May 2026 TPA acquisition, and a full C-suite build-out in 2026.
myCatalyst firmographics
Firmographics- Name
- myCatalyst
- Legal name
- Veracity Benefits, LLC
- Website
- https://mycatalyst.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- OneVeracity (formerly Veracity Benefits) is an integrated healthcare solutions provider that delivers health plan administration, PBM (VeracityRx), care navigation, and on-site health center services to 360+ self-funded U.S. employers through a broker-led distribution channel.
- Ownership category
- akta.pro rank
myCatalyst industry classification
Industry- Product category
- Self-Funded Healthcare Plan Administration
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Self-Funded (ERISA) Employer Plans (HLAEAAAC)
- akta.pro secondary industry
- Group Pharmacy Benefit (Rx) Coverage & PBM-Integrated Plans (FSAIAFAN)
Keywords
Where myCatalyst is headquartered
LocationHeadquarters
- HQ city
- Catawba
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
myCatalyst business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Health Plan Solutions: Third-party administrator services for self-funded health plans including streamlined administration, risk solutions, and compliance support with measurable savings and defensible reporting.
- VeracityRx Pharmacy Benefits: Pass-through pharmacy benefit management model providing transparent pricing, formulary management, specialty cost stabilization, and pharmacy strategy with measurable savings.
- Care Solutions: Personalized care navigation programs including pre-certification support, reference-based pricing navigation, and coordinated care management to improve health outcomes and reduce total cost of care.
- Onsite Health Centers: Convenient, high-quality on-site or near-site care delivery that drives engagement and savings while improving care access for member populations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
myCatalyst product offering
Product offeringCore offering
myCatalyst (operating as OneVeracity, formerly Veracity Benefits) provides integrated healthcare cost-management services for self-funded employer health plans. Offerings include third-party health plan administration, pass-through pharmacy benefit management (VeracityRx), care navigation including reference-based pricing guidance, and onsite/near-site health center coordination, delivered through insurance broker partnerships with defensible analytics and 45-day implementation.
Product overview
OneVeracity is a fully integrated healthcare solutions platform for self-funded employers and brokers. The product portfolio consists of four core integrated solutions: Health Plan Solutions (administration and risk management), VeracityRx (pharmacy benefit management with pass-through pricing), Care Solutions (care navigation including Reference-Based Pricing Navigator), and Onsite Health Centers (on-site clinic services). These solutions work together as a coordinated operating layer under one team with clear reporting and accountability. The platform also includes a VeracityRx mobile app for members to manage prescriptions. The company operates with a pass-through pharmacy model prioritizing transparency and employer cost control.
Differentiator
Problem solved
Functional benefit
Brands
- VeracityRx: Pharmacy benefit management solution offering specialty cost stabilization, transparent pricing, and pass-through pharmacy models for self-funded employers.
- Health Plan Solutions
- Care Solutions
- Onsite Health Centers
Products and services
- Health Plan Solutions Streamlined third-party administration and risk solutions for self-funded employer health plans, with clearer accountability, measurable savings, and defensible reporting.
- VeracityRx Pharmacy benefit management solution providing specialty cost stabilization, transparent pass-through pricing, formulary management, and member prescription support with cost-savings visibility for self-funded employers.
- Onsite Health Centers On-site or near-site clinic services providing convenient, high-quality care delivery that drives member engagement and healthcare savings while improving care access.
- VeracityRx Mobile App Member-facing mobile application providing real-time prescription costs, medication alternatives, prescription transfers to cost-effective pharmacies, digital ID cards, and high-cost medication assistance.
Quantifiable outcome
- Typical savings of 20-30% when plan strategy and execution are aligned
- +5 more outcomes
Companies that use myCatalyst
Customer profileNamed customers13 records
Segments3 records
Ideal customer profiles2 records
myCatalyst technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
myCatalyst partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, strategic and minor.
- Anchor Benefit ConsultingcoreFlorida-based third-party administrator (TPA) acquired by OneVeracity to bring health plan administration in-house. Acquisition strengthens fully integrated healthcare model, enhancing coordination across Health Plan Solutions, VeracityRx, Care Solutions, and Onsite Health Centers while expanding capabilities in claims administration, compliance support, and member services.
- McGriff (Marsh & McLennan Agency LLC)strategicInsurance broker/dealer providing testimonial partnership. McGriff serves as a key broker partner utilizing OneVeracity's pharmacy and TPA solutions for their self-funded employer clients, citing the model works and the team delivers.
- GilsbarstrategicBenefits consulting firm providing testimonial partnership. Gilsbar consistently delivers creative strategies that save money and simplify healthcare for their clients through the OneVeracity partnership.
- GBS GallagherstrategicInsurance brokerage firm providing testimonial partnership. GBS Gallagher receives white-glove service from OneVeracity's responsive, knowledgeable, and proactive team.
- OneVeracity Network - Facility PartnersminorInvitation for facilities to join the OneVeracity Network to be part of a trusted network improving accuracy, accountability, and outcomes across medical and pharmacy spend.
- OneVeracity Network - Physician & Ancillary PartnersminorInvitation for physicians and ancillary providers to join the OneVeracity Network to improve accuracy, accountability, and outcomes across medical and pharmacy spend.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
myCatalyst competitors and assessment
Company assessmentDirect peers
- Capital Rx: Cloud-native, fully transparent PBM competing against traditional spread-pricing models. Direct peer on the pharmacy side given shared focus on clearing pricing opacity for self-funded plans.
- SmithRx: Tech-enabled, pass-through PBM purpose-built for self-funded employers, distributing through brokers. Closest direct peer to VeracityRx given the parallel transparent-pricing, broker-led GTM and self-funded employer focus.
- Quantum Health: Healthcare navigation and care coordination platform purpose-built for self-funded employers, typically accessed via broker and consultant channels. Direct peer to OneVeracity's Care Solutions and RBP Navigator on coordinated care navigation.
- CerpassRx: Customizable, transparent PBM serving employers and benefit consultants. Direct peer given similar self-funded employer focus, broker-led distribution, and customized plan design approach.
- Maestro Health: Integrated health benefits platform offering TPA, care management, and pharmacy navigation for self-funded employers. Direct peer on the integrated Health Plan Solutions side, paralleling the integrated stack OneVeracity is building after the Anchor Benefit Consulting acquisition.
- RxBenefits: Pharmacy benefit solutions platform specifically designed for brokers and consultants serving mid-market self-funded employers. A direct peer given overlapping broker distribution, PBM focus, and self-funded employer ICP.
- EmpiRx Health: Outcomes-based, pass-through PBM serving self-funded employers through benefit brokers. Direct peer to VeracityRx on model, transparency positioning, and broker channel.
Broad incumbents
- Express Scripts (Cigna): One of the three largest U.S. PBMs, embedded within Cigna's vertically integrated health services portfolio. Broad incumbent competitor to VeracityRx on pharmacy spend management for self-funded plans.
- CVS Caremark: PBM arm of CVS Health and the dominant U.S. PBM by script volume. Broad incumbent competing against transparent players like OneVeracity via scale, rebate access, and integrated retail-pharmacy footprint.
- OptumRx: Pharmacy benefit management division of UnitedHealth Group and one of the largest U.S. PBMs. Broad incumbent with overlapping PBM and care-navigation capabilities but serving much larger, more diversified customers than OneVeracity's mid-market self-funded base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
myCatalyst social profiles
Digital presencemyCatalyst compliance and trust
Trust signalCompliance1 record
myCatalyst financial estimates
Financial estimateRevenue estimate
Valuation estimate
myCatalyst leadership team
Management profileNumber of profiles
Profiles11 records
myCatalyst subsidiaries and ownership
Company hierarchySubsidiaries8 records
myCatalyst funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
myCatalyst 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 myCatalyst
What does myCatalyst do?
myCatalyst (operating as OneVeracity, formerly Veracity Benefits) provides integrated healthcare cost-management services for self-funded employer health plans. Offerings include third-party health plan administration, pass-through pharmacy benefit management (VeracityRx), care navigation including reference-based pricing guidance, and onsite/near-site health center coordination, delivered through insurance broker partnerships with defensible analytics and 45-day implementation.
Is myCatalyst a public or private company?
myCatalyst is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was myCatalyst founded?
myCatalyst was founded in 2005. It employs 11 to 50 people.
Where is myCatalyst based?
myCatalyst is headquartered in Catawba, United States, in the North America region.
How does myCatalyst make money?
Four revenue lines are on record. Health Plan Solutions are the primary driver. The others are veracityRx Pharmacy Benefits, care Solutions and onsite Health Centers.
Who are myCatalyst's main competitors?
Direct peers on record are Capital Rx, SmithRx, Quantum Health, CerpassRx, Maestro Health, RxBenefits and EmpiRx Health. Broad incumbents are Express Scripts (Cigna), CVS Caremark and OptumRx.
Does myCatalyst have an API?
No public API is recorded for myCatalyst.
What industry is myCatalyst in?
myCatalyst's product category is Self-Funded Healthcare Plan Administration. Its primary akta.pro industry code is HLAEAAAC, Self-Funded (ERISA) Employer Plans, with a secondary code of FSAIAFAN, Group Pharmacy Benefit (Rx) Coverage & PBM-Integrated Plans. Its NAICS code is 524292 and its SIC code is 6411.