CitizensRx

Founded in 2009, CitizensRx is a full-service, middle-market Pharmacy Benefit Management provider for public and private companies and health plans. The company provides unbundled, modular pharmacy benefit management services, including formulary management, claims processing, rebate administration, a 67,000-location national pharmacy network, and mail-order services. In addition to the traditional PBM services that CitizensRx provides, the company also has an in-house specialty pharmacy.

Investment Rationale

  • Favorable market dynamics for middle market PBMs
  • Unique modular service offering
  • Diverse, actionable, and meaningful growth opportunities

Key Value Add Areas

  • Team & Board
  • Strategic Planning
  • Finance & Operations
  • M&A
  • Monitoring & Reporting
  • Martis Ecosystem

Headquarters:

Oak Park, IL

Investment Date:

Aug 2017

Sector:

Services & Outsourcing

Status:

Exited