TransactRx

TransactRx is a company offering Cross Benefit Reimbursement Solutions for Medical and Pharmacy Providers. Founded in 2007, the company provides reimbursement solutions to the medical and pharmacy marketplace through its patented Cross Benefit Clearinghouse transaction platform. This unique platform seamlessly integrates the nation's real-time pharmacy claims processing infrastructure with the medical claims processing infrastructure, enabling reimbursement programs that cross between medical and pharmacy benefits. TransactRx facilitates reimbursement for products and services covered by a patient's medical benefits and enables medical providers to be reimbursed for products and services covered under a patient's pharmacy benefits. Moreover, the transaction platform also provides complete pharmacy and medical claims adjudication and payment processing services and operates entirely in the cloud using the latest technologies available. The company's API with an extensive list of endpoints offers all the functionalities of the transaction platform to software vendors to include in their products. Some of the services offered by TransactRx include payers moving medical specialty drugs from the medical benefit to the pharmacy benefit, reimbursement for Specialty Drugs covered by pharmacy benefits, reimbursement for Medicare Part D covered vaccines, reimbursement for Medicare Part B and commercial insurance covered vaccines by pharmacies, reimbursement for Covid-19 vaccines, and a Discount Rx Adjudication Platform. However, information regarding the company's headquarters, last investment, and investors is currently unavailable. Despite this, TransactRx demonstrates promising potential in the Health Care and Information Technology industries with its innovative approach to reimbursement solutions in the medical and pharmacy sectors.