PRX Control Solutions

PRX Control Solutions specializes in developing cloud-based applications for prescription control and health management, aimed at reducing healthcare costs and enhancing care quality. Using proprietary algorithms, the company detects improper prescriptions, medication abuse, and waste in real-time at the point of care or pharmacy by matching health conditions with medications. The patient-centered app, MatchMyRx, empowers patients to comprehend their prescriptions better by matching their health conditions with medications. The app helps detect medication warnings, promotes adherence to medications, and improves communication with healthcare providers. Since its founding in 2012, PRX has saved health plans over $35M in drug benefit costs and has the potential to save $60B in the United States over the next five years. The company's efforts go beyond affordability by detecting improper prescriptions, medication warnings, and uncoded chronic health conditions to improve patient quality of care and outcomes. With its focus on Big Data, Finance, Health Care, and Insurance, PRX Control Solutions addresses critical needs in the healthcare industry, presenting a compelling investment opportunity. Although the last investment details are limited to a $20.00K Convertible Note investment at 01 October 2015, the company's innovative approach and potential for significant cost savings make it an attractive prospect for venture capitalists seeking impactful investments in the healthcare technology sector.