Flipt RX

Flipt RX is a healthcare technology and services company that provides an alternative solution to traditional pharmacy benefit managers (PBMs). The company’s primary offerings include proprietary SaaS pharmacy benefit administration tools, including cutting-edge enterprise benefit administration, claims adjudication, and consumer engagement platforms. In addition, it offers full-service pharmacy benefit management services, which include everything from the administration of pharmacy benefits to the actual management of pharmacy care.

By revealing the real costs of prescriptions and passing on 100% of rebates and savings to customers, Flipt ensures that its users are well-informed and can make cost-effective decisions regarding their pharmacy care. The company claims that the model would deliver up to 40% savings on drug expenses for employers.

Key customers and partnerships

In January 2023, Flipt partnered with Evio Pharmacy Solutions to improve pharmacy care and prescription medication access. Through this partnership, Flipt RX was expected to offer technology for pharmacy benefit administration, while Evio was expected to use these systems for its client service enhancement. The partnership was expected to eliminate common hindrances in pharmacy benefit services and encourage patients to take more active roles in their care.