Bluesight

Bluesight

RFID-based medication management for hospitals

Overview

Bluesight builds medication management software for hospitals that uses RFID to track medications and supply carts in real time. Its core products, KitCheck and CostCheck, help hospitals manage inventory, optimize drug purchasing, and reduce waste by ensuring accurate restocking in crash carts, operating rooms, and other areas. The system works by attaching RFID tags to medications and trays, giving pharmacists and nurses item-level visibility and real-time data through an integrated workflow that simplifies stocking and provides actionable analytics. Bluesight differentiates itself by combining RFID-enabled, precise inventory control with cost optimization and waste reduction tailored to hospital workflows, aiming to cut costs, minimize risks, and improve patient safety. The company’s goal is to help healthcare providers lower medication-related expenses and inefficiencies while ensuring timely, accurate availability of drugs.

About Bluesight

Simplify's Rating
Why Bluesight is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Healthcare

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$49.9M

Headquarters

Alexandria, Virginia

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Over 3,000 hospitals already use Bluesight, lowering cross-sell costs for new modules.[3][6]
  • The 340BCheck redesign targets audit readiness as HRSA scrutiny and findings rise.[6]
  • Pharma Logistics credits and GraphiteRx integrations reduce procurement friction and expand adoption.[6]

What critics are saying

  • HRSA audit failures can damage 340BCheck credibility if customers still receive adverse findings.[6]
  • Multiple acquisitions increase integration risk across compliance, privacy, diversion, and procurement workflows.[4][6]
  • Alternative supplier integrations can commoditize CostCheck and weaken Bluesight pricing power.[6]

What makes Bluesight unique

  • Bluesight unifies inventory, procurement, compliance, and privacy workflows into one platform.[1][2]
  • Its RFID KitCheck and AI-driven Prism Assistant automate time-consuming pharmacy tasks.[3][6]
  • It combines hospital-specific analytics with a six-solution vendor consolidation model.[2][3]

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Funding

Total Funding

$49.9M

Below

Industry Average

Funded Over

5 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health, Dental, and Vision Insurance

Maternity & Paternity Leave

Domestic Partner Benefits

401(k) with Company Match

Health Savings Account

Home Office Stipend

Health & Dependent Care FSA Insurance

Employee Assistance Program

Unlimited Paid Time Off

Mental Health Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Pharma Advancement
May 12th, 2026
Bluesight aims efficiency with redesigned 340BCheck platform.

Bluesight aims efficiency with redesigned 340BCheck platform. AI Summary % buffered Bluesight has introduced a fully redesigned 340BCheck platform, describing it as a compliance command center created to support covered entities in maintaining compliance standards and protecting their 340B programs. The updated software expands upon technology initially developed by Sectyr and later acquired by Bluesight in 2024. Following the acquisition, the company broadened the platform's functionality, including the addition of a 100% transaction audit in 2025, before unveiling the newly redesigned interface. The redesigned 340BCheck platform incorporates Bluesight's workflow-driven design together with core compliance infrastructure. The platform includes a wide range of current and planned capabilities, such as full transaction auditing across patient, provider, and location definitions, OPAIS database synchronization, contract pharmacy and pharmacy service agreement management, Medicare cost report maintenance, Medicaid exclusion file validation, policy and procedure management, mock HRSA audits, as well as integrated documentation and task management. The launch arrives during what the company described as a difficult period for the 340B program, which has become increasingly important to the financial stability of healthcare organizations. During fiscal year 2025, HRSA audited 115 covered entities, with nearly half receiving adverse findings. Incorrect OPAIS records were identified in 75% of those audited entities, reinforcing the need for broader compliance infrastructure beyond transaction-level auditing alone. At the same time, healthcare organizations are managing evolving manufacturer data-sharing demands, ongoing discussions around rebate-based distribution models from HRSA, and changing contract pharmacy disputes occurring at the state level. As compliance expectations continue to grow, covered entities are facing significantly greater regulatory and documentation burdens while often relying on the same operational teams they had several years ago. Many organizations are also simultaneously expanding their 340B programs, contributing to a rising number of auditable transactions. Bluesight said the redesigned 340BCheck platform was built specifically to help covered entities remain continuously prepared for HRSA audits. According to the company, the workflows were structured around actual HRSA audit requirements, beginning with the standards necessary for a successful audit and then moving on to provide workflows designed to support continuous audit readiness. The updated system builds on years of operational experience among 340B program teams while introducing a faster and more intuitive interface. "340B compliance used to be about spot checks, but today it's about continuous readiness," noted Kevin MacDonald. "Audit scrutiny is rising, manufacturer requirements are expanding, and a potential rebate model could add entirely new documentation layers - without any increase in team size for most organizations. Covered entities should be audit-ready every single day, not just when HRSA shows up." The redesigned 340BCheck platform was previewed at both ASHP Midyear in December 2025 and the 340B Coalition Annual Conference in February 2026, where program managers responded positively to its emphasis on continuous compliance coverage. Bluesight also stated that it is developing additional capabilities designed for a rebate-based pricing model inside the 340B program, including tools supporting procurement decisions, aligning 340B transaction audits with rebate-eligible transactions, and rebate payment tracking. Bluesight uses intelligence to power hospital operations, making procurement, compliance, and inventory management simpler. Bluesight guarantees that health systems safeguard every patient and maximise every dollar with its array of industry-leading technologies. Every day, more than 3,000 hospitals in the US and Canada depend on Bluesight for effective and secure operations. The pharmaceutical industry rarely announces its most significant shifts loudly. The signals are there - if you know where to look. The Pharma Advancement briefing is how the sector's most informed professionals stay ahead of those signals - covering drug development, regulatory affairs, manufacturing, and market access across every major region. * The stories pharmaceutical professionals will be discussing tomorrow, in your inbox today * Analysis that goes beyond the headline - written for readers who already understand the industry * The briefing that the sector's most informed professionals open first

Bluesight
Apr 22nd, 2026
Bluesight expands access to solutions through strategic partnership with Pharma Logistics.

Bluesight expands access to solutions through strategic partnership with Pharma Logistics. By Adam Rosenberg Health System Pharmacies Can Leverage Value Uncovered Through Reverse Distribution Services to Purchase Bluesight Solutions ALEXANDRIA, Va., April 22, 2026 - Bluesight, the leader in hospital intelligence solutions, formally announced a strategic partnership with Pharma Logistics, a leading provider of pharmaceutical reverse distribution services. This collaboration introduces an innovative financing model that allows healthcare systems to utilize their medication return credits to invest in Bluesight's full suite of technology solutions. As hospitals and health systems face escalating financial pressures, the partnership addresses the critical need for capital solutions. By leveraging the value recovered from unused and expired medications, pharmacy leaders now have an alternative means of acquiring technology that enhances patient safety and operational efficiency. Turning Recovered Value into Innovation Through this partnership, healthcare organizations that utilize Pharma Logistics for their pharmaceutical returns can apply their accrued credits directly toward the purchase of any Bluesight product, including: CostCheck, ControlCheck, KitCheck, ShortageCheck, 340BCheck, and PrivacyPro. "Our mission has always been to empower pharmacy teams with the tools they need to operate safely and efficiently," said Kevin MacDonald, CEO and Co-founder at Bluesight. "By partnering with Pharma Logistics, we are improving access to our critical technology. This enables health systems to turn what was once considered 'lost' value into a powerful engine for pharmacy innovation." Key Benefits of the Partnership: Through this collaboration, hospitals and health systems can: * Fund software acquisitions and expansions using existing reverse distribution credits rather than relying on new capital budget cycles. * Gain new flexibility in how they plan, prioritize, and deploy technology investments - whether they be core Bluesight technologies or additional product modules. * Quickly evaluate, adopt, and scale technologies that support improved operational efficiency, regulatory compliance, and financial performance. "Pharma Logistics is dedicated to providing full-service return solutions that simplify the lives of pharmacy staff," said David A. Hargraves, CEO at Pharma Logistics. "Our Credit Partner Program combines Pharma Logistics' value recovery efforts with Bluesight's industry-leading software solutions to help hospital pharmacies realize the vision of a tech-enabled future." Since late 2025, health systems across the country have begun adopting Bluesight solutions through this credit-based approach, deploying technology to enhance visibility, strengthen compliance, and improve medication management. About Bluesight Bluesight powers hospital operations with intelligence that simplifies inventory management, procurement, and compliance. Through its suite of industry-leading solutions, Bluesight ensures that health systems protect every patient and optimize every dollar. Over 3,000 United States and Canadian hospitals rely on Bluesight every day to have efficient and safe operations. For more information, please visit bluesight.com. About Pharma Logistics Pharma Logistics is a leader in pharmaceutical reverse distribution, helping healthcare organizations recover maximum value from unused and expired medications while ensuring regulatory compliance. Trusted by more than 12,000 hospitals, pharmacies, and government agencies nationwide, the company combines twice-patented technology, complete line-item visibility, and a dedicated collections team to maximize credit recovery and deliver consistent, measurable financial results. For more information, please visit www.pharmalogistics.com. Related resources. Bluesight expands access to solutions through strategic partnership... Health System Pharmacies Can Leverage Value Uncovered Through Reverse Distribution Services to Purchase Bluesight... How to reduce false positives in privacy monitoring without missing real risk over 305... Beyond the dashboard: how 3 systems are building... Becker's Spring Chief Pharmacy Officer Summit Recap Pharmacy procurement has never been more complex... A practical guide to NDC level contract compliance... Drugmakers raised list prices on more than 350 branded medications at the start of... How RFID supports a more efficient supply chain. Margins are tighter, drug shortages are more frequent, and medication waste from expirations continues... Previous slide Next slide

PR Newswire
Apr 1st, 2026
Bluesight launches redesigned 340BCheck platform as HRSA audits find 75% of entities with incorrect records

Bluesight has launched a redesigned 340BCheck platform to help healthcare organisations maintain compliance with the 340B drug pricing programme amid intensifying regulatory scrutiny. The platform builds on technology acquired from Sectyr in 2024 and features workflow-driven design alongside enhanced compliance capabilities. The launch comes as regulatory pressure intensifies. In fiscal year 2025, HRSA audited 115 covered entities, with nearly half receiving adverse findings and 75% showing incorrect OPAIS records. The platform offers full transaction auditing, database synchronisation, contract pharmacy management, and integrated documentation tools designed to maintain continuous audit readiness. Bluesight CEO Kevin MacDonald noted that covered entities must now manage significantly more regulatory complexity without additional staff. Over 3,000 US and Canadian hospitals currently use Bluesight solutions for hospital operations management.

PR Newswire
Mar 3rd, 2026
Bluesight Partners with GraphiteRx and Mark Cuban Cost Plus Drugs to Expand Access to Cost-Saving Medication Sources

Bluesight partners with GraphiteRx and Mark Cuban Cost Plus Drugs to expand access to cost-saving medication sources. Mar 03, 2026, 08:00 ET Integration with GraphiteRx Marketplace Delivers New Supply Options for Hospital Cost and Shortage Management ALEXANDRIA, Va., March 3, 2026 /PRNewswire/ - Bluesight, the leader in hospital intelligence solutions, today announced a strategic partnership with GraphiteRx that brings marketplace data, including the catalog of Mark Cuban Cost Plus Drugs, into CostCheck and ShortageCheck. The integration expands access to alternative medication suppliers, helping hospitals reduce drug spend and strengthen resilience amid ongoing shortages. Through the partnership, Bluesight customers can view Cost Plus Drugs pricing alongside traditional wholesaler options within their existing procurement decision workflows. This added visibility gives pharmacy teams greater flexibility when sourcing medications and making cost-based decisions - addressing two of the most pressing challenges facing hospital pharmacies: rising drug costs and persistent shortages. Addressing Critical Pharmacy Challenges According to Bluesight's recent Hospital Pharmacy Operations Report, 77% of hospital pharmacies identified reducing drug spend as a top priority, while 75% of pharmacy leaders cited drug shortages as their most pressing operational challenge. As budgets tighten and reimbursement models evolve, the integration of the GraphiteRx marketplace enables hospitals with: * Expanded sourcing options: Cost Plus Drugs appears as an additional supplier within CostCheck and ShortageCheck, enabling real-time comparison of price alongside wholesalers and other sources. * Greater sourcing flexibility: Access alternative suppliers with no volume commitments, enabling pharmacy teams to choose the best option by price, availability, or clinical need. * Stronger shortage resilience: Secure essential medications through additional supply channels when traditional distributors face constraints. "Hospital pharmacy teams are already saving up to 4% on their drug spend every year with CostCheck," said Kevin MacDonald, Bluesight CEO and co-founder. "By bringing alternative suppliers directly into the tools our customers use every day, we can create even more opportunities to balance cost, availability, and reliability - especially at a time when healthcare organizations are facing significant financial pressure." Greater Transparency in the Face of Shrinking Margins The collaboration reflects a shared commitment among technology and supply partners to bring greater transparency and efficiency into hospital procurement workflows. "Healthcare providers need trusted partners who can help them navigate an increasingly complex supply chain," said Alan Bowe, Chief Commercial Officer at Mark Cuban Cost Plus Drugs. "Our partnership with Bluesight through the GraphiteRx platform brings transparency and affordability directly into the workflows where sourcing decisions happen. Together, we're making it easier for hospitals to access the medications their patients need at prices that make sense." "As drug costs rise and shortages persist, hospitals need more options they can trust," said David Zilberman, Founder & CEO of GraphiteRx. "This collaboration represents the kind of ecosystem the healthcare supply chain needs. By bringing together technology, marketplace access, and transparent pricing, hospitals have more leverage on cost and availability and can make affordable, reliable medication access the norm, not the exception." About Bluesight Bluesight powers hospital operations with intelligence that simplifies inventory management, procurement, and compliance. Through its suite of industry-leading solutions, Bluesight ensures that health systems protect every patient and optimize every dollar. Over 3,000 United States and Canadian hospitals rely on Bluesight every day to have efficient and safe operations. For more information, please visit bluesight.com. About GraphiteRx GraphiteRx powers commerce in healthcare and its mission is to increase access to and reduce the cost of healthcare. With its pioneering marketplace, order management, and e-commerce solutions, GraphiteRx is revolutionizing the procurement and distribution of pharmaceuticals and medical supplies. For more information, visit www.GraphiteRx.com. About Mark Cuban Cost Plus Drugs Mark Cuban Cost Plus Drug Company is transforming the pharmaceutical industry by bringing transparency and affordability to drug pricing. The Cost Plus Marketplace provides hospitals, clinics, surgery centers, university health networks, pharmacies, and other healthcare providers with direct access to thousands of medications at significantly lower costs. For more information, visit www.CostPlusDrugs.com. SOURCE Bluesight

PR Newswire
May 1st, 2025
340B Without Compromise: The Craneware Group(R) Delivers Trusted Innovation

The Craneware Group has partnered with Bluesight, a leader in healthcare data intelligence, to bring smarter medication purchasing insights to all hospitals.

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