MedImpact

MedImpact

About MedImpact

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

Industries

Fintech

Healthcare

Company Size

1,001-5,000

Company Stage

Seed

Total Funding

$2.8M

Headquarters

San Diego, California

Founded

1989

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • MedImpact's investment in Bayvrio accelerates healthcare solutions marketplace development.
  • The acquisition of Elixir Solutions enhances MedImpact's pharmacy benefit management capabilities.
  • Partnership with GoodRx lowers drug costs through integrated savings solutions.

What critics are saying

  • Legal disputes with pharmacy networks may harm MedImpact's financial and reputational standing.
  • Acquiring Elixir Solutions from bankrupt Rite Aid poses integration and financial challenges.
  • Regulatory scrutiny over drug pricing could impact the GoodRx partnership.

What makes MedImpact unique

  • MedImpact is the largest independent health solutions and pharmacy benefit management provider.
  • The company offers MedEmpower Fuel[TM], a personalized health approach for chronic condition management.
  • MedImpact integrates GoodRx's price comparison technology for seamless, affordable prescription access.

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Funding

Total Funding

$2.8M

Below

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Wellness Program

Unlimited Paid Time Off

Paid Vacation

401(k) Company Match

Life Insurance

Disability Insurance

Tuition Reimbursement

Employee Referral Bonus

Company News

Business Wire
Mar 12th, 2025
MedImpact Investment in Bayvrio Accelerates Development and Launch of Groundbreaking Healthcare Solutions Marketplace

MedImpact Holdings’ strategic investment in health tech startup Bayvrio is accelerating the rollout of Bayvrio’s advanced technology platform and firs

Bloomberg Law
Dec 30th, 2024
MedImpact Sues Pharmacy Network Over Threat to Curtail Contract

MedImpact sues pharmacy Network over threat to curtail contract.

Pharmaceutical Executive
Sep 25th, 2024
Pharma Pulse 9/25/24: Coverage from LogiPharma USA 2024, The Joys of Talking to ChatGPT & more

MedImpact unveiled MedEmpower Fuel[TM], a personalized, integrated, whole health approach to nutrition, weight loss, and chronic condition management.

Business Wire
Feb 2nd, 2024
MedImpact Acquires Elixir Solutions

MedImpact Healthcare Systems, Inc., the nation’s largest independent health solutions, technology, and pharmacy benefit management provider, announced

Drug Store News
Oct 18th, 2023
Rite Aid receives court approval of motions supporting business operations

Additionally, as previously announced, Rite Aid has also entered into an agreement with MedImpact Healthcare Systems, an independent pharmacy benefit solutions company, pursuant to which MedImpact will acquire Rite Aid's Elixir Solutions business.

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Account Executive I

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MedImpact is Hiring for 61 Jobs on Simplify!

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Systems Engineer III

$95.7k - $169.9k/yr

Tempe, AZ, USA + 1 more

Operations Support Coordinator

$41.2k - $64.9k/yr

Tempe, AZ, USA + 1 more

See All Jobs

MedImpact is Hiring for 61 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update MedImpact's jobs every few hours, so check again soon! Browse all jobs →