The Work Index by Flexa

Capital Rx

Capital Rx is a next-generation pharmacy benefit manager (PBM) dedicated to transforming the prescription drug industry through transparent pricing, innovative technology, and superior member experiences.

https://www.cap-rx.com/
6.0

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Description

Capital Rx is a next-generation pharmacy benefit manager (PBM) dedicated to revolutionizing the way prescription drugs are priced and patients are cared for. They leverage their cloud-native enterprise health platform, JUDI®, to provide transparent and cost-effective solutions for employers, health plans, and other plan sponsors. Capital Rx prioritizes client and member alignment, emphasizing financial transparency and passing through all rebates. Their mission is to drive down costs, improve patient outcomes, and deliver a superior customer experience through innovative technology and a commitment to ethical practices.

Capital Rx is a Certified B Corp™ and is recognized for its commitment to diversity, equity, and inclusion. They actively invest in initiatives that celebrate diversity and improve access to care. Their commitment to creating a positive impact on healthcare is evident in their employee engagement programs, community outreach initiatives, and the Dr. James McCune Smith Scholarship, which supports the next generation of pharmacists.

Flexibility

Capital Rx offers flexible work arrangements for many of their positions. Most roles allow employees to work remotely, with some requiring a hybrid model where employees work both remotely and in the New York City office. Capital Rx also offers flexible vacation time, allowing employees to take the time they need to maintain a balanced and fulfilling personal life.

Hybrid

Benefits

Capital Rx offers a comprehensive benefits package designed to support employee growth and well-being. These include on-demand learning opportunities and internal mentorship for career development, a company-sponsored 401k plan for retirement security, flexible vacation time for work-life balance, and a wellness program called CapWell. Employees also receive performance-based bonuses, employer-paid life and disability insurance, and access to FSA, HSA, and commuter benefits.

Mission

Capital Rx is a next-generation pharmacy benefit manager (PBM) dedicated to transforming the prescription drug landscape by building a transparent and efficient electronic infrastructure. Their mission is to deliver complete alignment for clients, drive down costs, and create more transparency by passing through all rebates. They believe in leveraging modern technology, like their cloud-native enterprise health platform JUDI®, to empower clients, improve patient outcomes, and deliver a superior customer and member experience.

Automation
Data-driven
Disruptor
Healthcare
Improving quality of life/health
Social impact led
Soonicorn
Tech for good

Culture

Capital Rx fosters a culture of innovation, transparency, and collaboration, where individuals are empowered to drive meaningful change in the healthcare system. The company emphasizes the importance of diversity, equity, and inclusion, celebrating individual perspectives and fostering a supportive and engaging work environment. Capital Rx also values data-driven decision-making, promoting a culture of proactive management and continuous improvement.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Capital Rx is committed to fostering an inclusive culture that celebrates diversity, equity, and inclusion. They champion initiatives to improve access to healthcare and impact their communities. They have a rotational diversity council that plans ongoing programming, events, and cultural celebrations. They also offer a scholarship program in partnership with Howard University's College of Pharmacy to support the next generation of pharmacists, addressing the underrepresentation of Black individuals in the healthcare industry.

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