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PRX Control Solutions

PRX Control Solutions is a company that designs and develops solutions for reducing the expense of prescription drugs in health plans.

  • Stage Full Product Ready
  • Industry IT Services
  • Location Miami, FL, US
  • Currency USD
  • Founded May 2012
  • Employees 5
  • Website prxcontrolsolutions.com

Company Summary

PRX Control Solutions is a company that turns prescriptions claim data into actionable insights and solutions.

Our main solution is a web based software application that detects improper prescriptions, unneeded treatments, abuse and waste before payers approve the treatment to the patient. The app works with an algorithm that compares 25 variables in each health claim detecting more then 30 types of anomalies in prescriptions and pharmacy invoices. The application works with a proprietary function that can match medical claims with pharmacy claims, identifying if the patient really needs his or her treatment according to the diagnosis.

In just 3 years our app has saved more than US$30M to our first customers.

PRX Control Solution's main mission is to disrupt how payers cover and approve prescription drugs to patients.

Team

  • B. Sc. in Business from Universidad Metropolitana. Diplomaed in pharmaceutical marketing. More than 10 years working in the pharmaceutical industry.

  • A33e0ae9 f03a 41a3 ace8 04d333784311
    Board Member

    Former COO of Banesco, Venezuela's largest financial group. Angel Investor.

  • Miguel is a software engineer with more than 5 years of experience in front end development.

  • 48389cc3 da91 40cf 993c 86430b73b420
    Operations Manager

    Clinical pharmacist. Edwarlyn foresees the data behind the company's algorithms.

Previous Investors

  • Default avatar
    Wayra
    Accelerator Program
    Unconfirmed
    Default avatar
    Nelson Becerra
    Angel Investor
    Unconfirmed
    Default avatar
    Gonzalo Clemente
    Angel Investor
    Unconfirmed