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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.
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$49.9M
Headquarters
Alexandria, Virginia
Founded
2011
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Total Funding
$49.9M
Below
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Funded Over
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Health, Dental, and Vision Insurance
Maternity & Paternity Leave
Domestic Partner Benefits
401(k) with Company Match
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Home Office Stipend
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Unlimited Paid Time Off
Mental Health Stipend
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
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.
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
The Craneware Group has partnered with Bluesight, a leader in healthcare data intelligence, to bring smarter medication purchasing insights to all hospitals.
Bluesight has acquired Protenus to enhance its compliance capabilities and strengthen its platform. This acquisition will integrate Protenus' healthcare compliance analytics, including patient privacy monitoring, with Bluesight's drug diversion platform. The partnership aims to offer a comprehensive solution for healthcare compliance, medication safety, and operational efficiency. Financial advisors and legal counsel were involved in facilitating the acquisition.
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Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$49.9M
Headquarters
Alexandria, Virginia
Founded
2011
Find jobs on Simplify and start your career today