Alttrax
- Company typePrivate
- Founded2019
- HeadquartersDublin, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Alttrax does
ALTTRAX is an independent pharmacy benefit management (PBM) consulting firm headquartered in Dublin, Ohio, founded in 2019 and operating with a team of 1–10 employees. The firm advises employers, brokers and benefit advisors, health plans and health systems, PBMs and technology providers, TPAs, and coalitions on optimizing pharmacy benefits, reducing prescription drug costs, conducting PBM/Medicaid/340B audits, implementing both modular and traditional PBM models, and executing staffing and clinical strategy projects. Its core product, MaximizeRx™, launched April 2025, is positioned as an end-to-end PBM solution covering proposals, benefit management, implementations, audits, performance monitoring, pharmacy oversight, and clinical strategies, supplemented by a Modern Audit Management Platform that performs 100% claim-level review.
Alttrax firmographics
Firmographics- Name
- Alttrax
- Legal name
- ALTTRAX
- Website
- https://alttrax.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Alttrax industry classification
Industry- Product category
- Pharmacy Benefit Management Consulting
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Custom Computer Programming Services (541511)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Pharmacy Benefit Management (PBM) & Pharmacy Network Administration (HLAFALAI)
- akta.pro secondary industries
- Pharmacy Network Contracting & Management (HLAEAKAB), Pharmacy Benefit Management (PBM) & Formulary Management IT (HLACAKAD)
Keywords
Where Alttrax is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Alttrax business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Pharmacy Benefit Consulting Services: Professional consulting services for pharmacy benefit management including PBM contract assessments, audits, performance monitoring, implementation support, staffing, clinical strategies, and strategic program acceleration. Revenue is generated through project-based consulting engagements with flexible pricing aligned to client project goals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free initial assessment and consultation services |
| Other | Multi-year contract | Flexible project-based consulting |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Alttrax product offering
Product offeringCore offering
Alttrax provides independent pharmacy benefit management (PBM) consulting services that help employers, brokers, health plans, and PBMs optimize pharmacy benefits, reduce prescription drug costs, and implement cost-containment strategies. The firm delivers end-to-end PBM solutions spanning proposals, benefit management, audits (PBM, Medicaid, 340B), performance monitoring, implementation (modular and traditional), staffing, clinical strategy, and AI-powered customer service tooling, anchored by its flagship MaximizeRx™ solution.
Product overview
ALTTRAX is an independent pharmacy benefit management (PBM) consulting firm offering a portfolio of services centered around its core MaximizeRx™ solution. MaximizeRx™ provides end-to-end pharmacy benefit management covering proposals, implementations, audits, performance monitoring, pharmacy oversight, and clinical strategies. The company supplements this with several specialized services: OnTrax Assessment (a free interactive assessment tool for identifying the right solutions), AI Solutions (AI-powered customer service tools), Pharmacy Audits (PBM/Medicaid/340B), Rapid Assessment consulting, Staffing and Talent services, PBM Contract Assessment, and both Modular and Traditional PBM Implementation services. ALTTRAX positions itself as vendor-neutral and independent, offering recommendations tailored to each client's needs without hidden fees.
Differentiator
Problem solved
Functional benefit
Brands
- MaximizeRx: End-to-end pharmacy benefit management solution covering PBM contract assessment, pharmacy audits, performance monitoring, pharmacy oversight, clinical strategies, and innovative pharmacy solutions for cost savings.
- OnTrax Assessment
- ALTTRAX AI Solutions
Products and services
- MaximizeRx™ End-to-end pharmacy benefit management solution covering proposals, benefit management, implementations, audits, performance monitoring, pharmacy oversight, clinical strategies, and innovative pharmacy solutions, with transparent pricing and no hidden fees. Designed for employers, brokers, health plans, and PBMs seeking a single integrated PBM lifecycle solution.
- OnTrax Assessment Free, fast, and intuitive interactive assessment tool that guides users through questions to identify the right pharmacy benefit solution for their organization and provides cost estimates. Targeted at employers, brokers, health plans, and healthcare providers seeking audits, staffing, clinical guidance, implementation support, or AI solutions.
- ALTTRAX AI Solutions AI-powered customer service solutions including Real-Time Agent Assist (instant answers for agents), Accent Neutralization (improved clarity), Real-Time Translation (support for non-English speakers), and AI Agents (reducing administrative workload for member inquiries, prior authorizations, and appeals). Designed for healthcare contact centers and operations teams, with implementation possible in as little as two weeks.
- Pharmacy Audits Comprehensive audit services covering PBM, Medicaid, and 340B audits, including 100% claim level review, rebate analysis, and annual market checks using a modern audit management platform. Built for employers, health plans, and PBMs that require adherence verification to pricing terms, calculations, guarantees, and exclusions in their PBM contracts.
- Rapid Assessment Structured consulting engagement delivered in four phases—understanding current state, targeted interviews, observations, and recommendations—available for PBM, pharmacy, and other healthcare companies seeking a fast diagnostic of their operations.
- Staffing and Talent Access to a network of experienced leaders, project managers, and professionals for short-term projects or long-term hires in pharmacy and healthcare operations, addressing talent gaps for clients executing PBM and pharmacy initiatives.
- PBM Contract Assessment Comprehensive review of PBM contracts to uncover hidden clauses, missing terms, rebate protections, and market check provisions, helping clients negotiate improved pricing and clearer terms. Offered as a complementary service and capable of supporting savings of more than 20% through optimization, analytics, and proactive management.
- Modular PBM Implementation Expert guidance on implementing modular pharmacy benefit models that strategically distribute responsibilities across multiple vendors, providing greater control, flexibility, and customization for employers and health plans.
- Traditional PBM Implementation PBM implementation services for employers, health plans, and government agencies partnering with a PBM to manage pharmacy benefits, covering network management, clinical services, and claims processing.
- Strategic Program Acceleration Consulting services to enhance and expedite execution of pharmacy benefit programs, helping organizations identify opportunities and accelerate business results across their pharmacy benefit operations.
Quantifiable outcome
- PBM contract assessments can help employers save more than 20% through optimization, analytics, and proactive management
- +1 more outcomes
Companies that use Alttrax
Customer profileSegments6 records
Ideal customer profiles5 records
Alttrax technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature4 records
Alttrax partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights3 records
Alttrax competitors and assessment
Company assessmentBroad incumbents
- Segal: Independent benefits and HR consulting firm serving public-sector and corporate employers on pharmacy benefit management and PBM procurement. Comparable to ALTTRAX in serving employer plan sponsors on PBM contracting and oversight, with a broader benefits advisory practice.
- Mercer (Marsh McLennan): Global benefits consulting powerhouse that advises large employers on pharmacy benefit strategy, PBM procurement, and vendor management. Comparable to ALTTRAX at the high end of the employer market, with broader total-rewards and actuarial capabilities.
- Aon: Global professional services firm with a Health Solutions practice advising employers on pharmacy benefit design, PBM contracting, and risk. Comparable to ALTTRAX on enterprise PBM advisory engagements, with deeper capital and broader consulting offerings.
- OptumRx (UnitedHealth Group): Largest U.S. PBM and part of Optum's health services portfolio. Relevant as both a competitor and counterparty in PBM implementations and audits; comparable in the PBM domain but operates at vastly greater scale than ALTTRAX.
- WTW (Willis Towers Watson): Global advisory firm with a Health & Benefits practice that includes PBM procurement, vendor evaluation, and pharmacy strategy consulting for large employers. Comparable to ALTTRAX on enterprise PBM advisory, but at greater scale and with a broader portfolio.
Direct peers
- RxBenefits: Pharmacy benefit consulting and oversight firm serving employers, brokers, and TPAs. Highly comparable to ALTTRAX in target buyer (self-funded employers), service mix (PBM contract evaluation, audits, optimization), and channel (broker/advisor-led distribution).
- Pharmaceutical Strategies Group (PSG): PBM consulting and analytics firm offering PBM procurement, audits, and clinical program design. Directly comparable to ALTTRAX in employer/PBM advisory services and emphasis on contract optimization and clinical strategy.
- Truveris: Independent PBM audit and contract management platform used by payers, employers, and advisors. Comparable to ALTTRAX in providing technology-enabled PBM contract assessment and audit services across employer and health plan clients.
- Pivotal Group (Pivotal Solutions): Boutique pharmacy benefit consulting firm providing PBM audits, contract reviews, and RFP support to employers, brokers, and coalitions. Closely comparable to ALTTRAX on scope, buyer profile, and emphasis on independent, vendor-neutral PBM advice.
Emerging players
- Evolent Health: Healthcare services and technology company with specialty care management and pharmacy-related offerings for payers and providers. Adjacent to ALTTRAX where provider/payer-side pharmacy strategy overlaps with ALTTRAX's health plan and health system engagements.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Alttrax social profiles
Digital presenceAlttrax financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alttrax leadership team
Management profileNumber of profiles
Profiles5 records
Alttrax funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alttrax 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 Alttrax
What does Alttrax do?
Alttrax provides independent pharmacy benefit management (PBM) consulting services that help employers, brokers, health plans, and PBMs optimize pharmacy benefits, reduce prescription drug costs, and implement cost-containment strategies. The firm delivers end-to-end PBM solutions spanning proposals, benefit management, audits (PBM, Medicaid, 340B), performance monitoring, implementation (modular and traditional), staffing, clinical strategy, and AI-powered customer service tooling, anchored by its flagship MaximizeRx™ solution.
Is Alttrax a public or private company?
Alttrax is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Alttrax founded?
Alttrax was founded in 2019. It employs 1 to 10 people.
Where is Alttrax based?
Alttrax is headquartered in Dublin, United States, in the North America region.
How does Alttrax make money?
One revenue line is on record: pharmacy Benefit Consulting Services.
Who are Alttrax's main competitors?
Broad incumbents on record are Segal, Mercer (Marsh McLennan), Aon, OptumRx (UnitedHealth Group) and WTW (Willis Towers Watson). Direct peers are RxBenefits, Pharmaceutical Strategies Group (PSG), Truveris and Pivotal Group (Pivotal Solutions). Evolent Health is listed as an emerging player.
Does Alttrax have an API?
No public API is recorded for Alttrax.
What industry is Alttrax in?
Alttrax's product category is Pharmacy Benefit Management Consulting. Its primary akta.pro industry code is HLAFALAI, Pharmacy Benefit Management (PBM) & Pharmacy Network Administration, with a secondary code of HLAEAKAB, Pharmacy Network Contracting & Management. Its NAICS code is 524292 and its SIC code is 8742.