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With a Two-Year Revenue Growth of 505%, Capital Rx Ranks No. 32 on Inc. Magazine's List of the Northeast Region's Fastest-Growing Private Companies | ||
By: PR Newswire Association LLC. - 27 Feb 2024 | Back to overview list |
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NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Inc. Magazine today revealed that Capital Rx, the full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) advancing our nation's healthcare infrastructure to improve drug price visibility and patient outcomes, ranks No. 32 on its fourth annual Inc. 5000 Regionals: Northeast list. Born of the annual Inc. 5000 franchise, this regional list provides a unique look at the most successful companies within the Northeast economy's most dynamic segment – its independent businesses. Demand for JUDI® and Capital Rx's pharmacy benefit administration solution helped drive 505% two-year revenue growth. "Innovation is at the core of everything Capital Rx does. With our cloud-native enterprise health platform, JUDI®, we are delivering a technology solution that provides an unparalleled level of efficiency, transparency, and accuracy to our clients and their members," said AJ Loiacono, Co-Founder and CEO of Capital Rx. "It's an honor to make the Inc. 5000 Regionals: Northeast list for the third straight year as we continue to enhance the workflows and processes necessary to deliver the level of care Americans deserve." The companies on this list show a remarkable rate of growth across all industries in the Northeast region. Between 2020 and 2022, these 198 private companies had an average growth rate of 155.84 percent; by 2023, they'd also added 14,560 jobs and $15.7 billion to the region's economy. "The honorees in our Inc. 5000 network are the Who's Who of private companies. They're energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they'll be impacting things for a while," said Eric Hagerman, Special Projects Editor at Inc. Media. Complete results of the Inc. 5000 Regionals: Northeast, including company profiles, can be found at inc.com/Northeast. More about Inc. and the Inc. 5000 Regionals Methodology About Inc. Media The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. About Capital Rx Media Contacts
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