PBM Companies

Pharmacy benefit management companies (PBM) or third-party administrators of a prescription drug program that manage prescription drug benefits on behalf of health insurers.
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Q4 2026 Winners – Based on Shortlister’s rankings of 125 vendors · See the full Top Vendor list

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  1. Judi Rx
    Reviews pending

    Why We Picked Capital Rx? Capital Rx offers full-service PBM solutions for self-funded plan sponsors and customizable options for large employers, aiming to reduce costs and improve service. Central to its approach is the...

    Min. group size
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    Lives serviced
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  2. Express Scripts
    Reviews pending

    Why We Picked Express Scripts? Express Scripts, a subsidiary of The Cigna Group, is a leading pharmacy benefit manager (PBM) in the U.S., serving over 100 million Americans. They work to make prescription medications...

    Min. group size
    -
    Lives serviced
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  3. OptumRx
    5.0 (1 review)

    Why We Picked OptumRx? OptumRx is a pharmacy care services company that goes beyond traditional pharmacy benefit management by connecting billions of data points to make informed decisions, tackling trends, and pinpointing solutions for...

    Min. group size
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    Lives serviced
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Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

0 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

26 Specific Questions Specific Questions

Lock

Product Features

✓

Balance Bill Protections

✓

Patient Assistance Program (PAP)

✓

Manufacturer assistance fill-in

✓

Pass-Through, Admin Fee Only Contracts

Not Provided.

Product Description

In 2018, Judi Rx redefined the role of a pharmacy benefit manager (PBM) and what it means to be a transparent PBM, bringing a unique level of financial alignment to the industry. Offering... Show More
Company Overview
Product Info
Company Overview

Founded

2020

Employees

71,000

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About Evernorth

Evernorth brings together a powerful set of health services strengths to advance innovation now and for the future. Evernorth will drive value for you by leveraging our game-changing capabilities, our deep understanding of health conditions and disease states, and our connections across the health ecosystem to deliver solutions designed with your specific needs in mind. Our unique open architecture will connect multiple point solutions across your portfolio, improving our ability to better meet your needs while providing you choice and optionality. Show More
Product Info
Company Overview

Founded

1986

Employees

13,721

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About Express Scripts

We’re a health care opportunity company, tackling the problems others don’t, won’t or can’t. Where some see obstacles, we see possibilities. At Express Scripts, we dare to imagine a better health care system, and we’re driven to make it happen. We’re challengers, difference-makers and opportunity-seekers, united with our partners in pursuit of a simpler, more sustainable system and better health for all. We are Champions For Better.

Express Scripts has a deep history as an industry innovator, every day striving for better. Standing with those we serve, we collaborate with our clients and partners to develop...
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Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

0 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

26 Specific Questions Specific Questions

Lock

Product Features

Not Provided.

Product Description

Optum Rx PBM provides end-to-end pharmacy benefit management services, including claims adjudication, formulary and rebate management, specialty and mail pharmacy, utilization management, reporting, and member support. The solution is designed to improve health... Show More
Company Overview
Product Info
Company Overview

Founded

1989

Employees

1,606

Funding Summary

1 Corporate Round

Clients Your Size Clients Your Size

Clients size is Locked

About MedImpact Healthcare Systems, Inc.

For more than 30 years, MedImpact has been lowering cost, improving care, and delivering better solutions for our clients. Today, we are the largest independent pharmacy benefit solutions company, investing millions of dollars in clinical programs, technology, operations, and analytics to provide clarity, control, and confidence.
Clarity
MedImpact's comprehensive pharmacy benefit solution includes innovative clinical programs and cost analytics with clear information empowering clients and their members in making the best care and cost decisions.
Control
MedImpact provides our capabilities, services, solutions, and products under any service model our clients desire allowing clients control and flexibility...
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Product Info
Company Overview

Founded

2014

Employees

130

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked
Product Info

Min. Group Size

-

Lives Serviced

1,500,000

Average Cost

Average Cost is Locked

0 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

26 Specific Questions Specific Questions

Lock

Product Features

✓

Patient Assistance Program (PAP)

✓

Manufacturer assistance fill-in

✓

Alternative drug sourcing

✓

Pass-Through, Admin Fee Only Contracts

Not Provided.

Product Description

Pharmacy benefits have long been a black box, with hidden fees and misaligned incentives driving up costs for employers and members alike. SmithRx changes that with radical transparency and Drug Pathways, a system... Show More
Company Overview
Product Info

Min. Group Size

1,000 eligible

Lives Serviced

1,000,000

Average Cost

Average Cost is Locked

0 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

26 Specific Questions Specific Questions

Lock

Product Features

✓

Balance Bill Protections

✓

Patient Assistance Program (PAP)

✓

Manufacturer assistance fill-in

✓

Pass-Through, Admin Fee Only Contracts

Not Provided.

Product Description

The market’s only fully integrated, pharmacy-forward navigation and PBM platform delivering the lowest net cost, complete oversight, and real-time Member guidance. As prescription costs surge, now accounting for 25% of employer healthcare spend,... Show More
Company Overview
Product Info

Min. Group Size

500 eligible

Lives Serviced

100,000

Average Cost

Average Cost is Locked

0 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

26 Specific Questions Specific Questions

Lock

Product Features

✓

Balance Bill Protections

✓

Patient Assistance Program (PAP)

✓

Manufacturer assistance fill-in

✓

Alternative drug sourcing

Not Provided.

Product Description

Rightway’s reimagined full-stack PBM solution dismantles the traditional PBM model and fundamentally redesigns the member experience, reducing total pharmacy spend, guiding members to optimal medication regimens, and proactively engaging high-risk and specialty members.... Show More
Company Overview
Product Info
Company Overview

Founded

2019

Employees

222

Funding Summary

None

Clients Your Size Clients Your Size

Clients size is Locked

About Alluma

Alluma is shifting the focus back to patient care by creating a new entity that is uniquely aligned to the needs of its clients and their members. With a Pharmacy Benefits Illuminator, we negotiate on the same side of the table as our clients, helping them uncover opportunities that optimize their benefits programs while supporting better health outcomes.

We are a provider-led, provider-focused alternative developed in partnership between Vizient and Mayo Clinic. As the nation’s only member-owned, member-driven performance improvement company, Vizient is uniquely positioned to approach the PBM market with a provider lens. Mayo Clinic is...
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Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

0 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

26 Specific Questions Specific Questions

Lock

Product Features

✓

All Specialty Pharmacies Allowed

✓

Multiple formulary options

✓

Flexible plan design options

✓

Utilization management

Not Provided.

Product Description

For over forty years, BeneCard PBF has been at the forefront of helping a diverse range of clients, from large corporations to small businesses and labor unions, to optimize their prescription drug programs.... Show More
Company Overview
Product Info
Company Overview

Founded

2003

Employees

948

Funding Summary

None

Clients Your Size Clients Your Size

Clients size is Locked

About Navitus Health Solutions

Navitus Health Solutions LLC is a full service, URAC-accredited pharmacy benefit management company. As a zero-spread, full pass-through pharmacy benefit manager (PBM), Navitus aligns performance with plan sponsors’ benefit goals to deliver comprehensive clinical programs and costsaving strategies that lower drug trend and promote good member health. Navitus provides its flexible services to individuals and group plans, including state employees, retirees and their dependents, as well as employees or members of managed care organizations, self-funded employers, coalitions and labor organizations.

Reminder: Please do not post personal health information on this site.

Navitus is committed...
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Product Info
Company Overview

Founded

1987

Employees

0

Funding Summary

None

Clients Your Size Clients Your Size

Clients size is Locked

About Prime Therapeutics

Everything we do is connected to helping people get the medicine they need to feel better and live well. It’s meaningful work and we’ve been doing it for over 20 years.

In the pharmacy benefit management (PBM)industry, we’re different. We’re owned by 18 not-for-profit Blue Cross and Blue Shield health plans. This allows us to control costs and empower our employees to put members first. It’s a successful combination. We have the lowest pharmacy trend in the industry and serve 27+ million members throughout the US.

In addition to core PBM services, we...
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Product Info
Company Overview

Founded

1968

Employees

1,400

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About Imagine360

Imagine360 has 50+ years of combined experience. In 2020, Group and Pension Administrators (GPA) joined forces with ELAP Services, EBMS, and Imagine Health, which became sibling corporations through WaterStreet Healthcare Partners. This integration allows our organization to deliver the most experienced and first completely integrated health plan with reference-based pricing as its core.

Imagine360 delivers a fully integrated health plan with the savings of reference-based pricing built in and consistently generates 15–25% savings for 900+ self-funded employers. Imagine360 is entering its next phase of growth with a fresh infusion of capital to expand its comprehensive suite...
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Product Info
Company Overview

Founded

2020

Employees

200

Funding Summary

None

Clients Your Size Clients Your Size

Clients size is Locked

About DisclosedRX

Everyone should have access to the right medicine, at the right time, at the right cost; and they shouldn't have to navigate a cumbersome and daunting system to access it. Our Vision is that Truthfulness and Innovation will drive greater access to prescription medications for our members at a lower net cost to our client, as well as make us the easiest PBM to partner with. Show More
Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

0 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

26 Specific Questions Specific Questions

Lock

Product Features

✓

Patient Assistance Program (PAP)

✓

Alternative drug sourcing

✓

Pass-Through, Admin Fee Only Contracts

✓

Rebate administration

Not Provided.

Product Description

Nomi Health's Direct Pharmacy Program delivers affordable generic medications by sourcing directly from manufacturers and cutting out pricing complexities. The program saves employers and employees up to 50% on generic medication expenses when... Show More
Company Overview
Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

0 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

26 Specific Questions Specific Questions

Lock

Product Features

✓

Patient Assistance Program (PAP)

✓

Manufacturer assistance fill-in

✓

Alternative drug sourcing

✓

Pass-Through, Admin Fee Only Contracts

Not Provided.

Product Description

WellDyne rethinks how pharmacy benefits are designed and delivered. Our tech-powered, clinically driven approach prioritizes low-net cost strategies and better decision making across the pharmacy ecosystem. While traditional models rely on complexity, rebates... Show More
Company Overview
Product Info
Company Overview

Founded

November 30, 2004

Employees

10,700

Funding Summary

35.2M Series B

Clients Your Size Clients Your Size

Clients size is Locked

About Anthem

At Anthem Blue Cross and Blue Shield we understand our health connects us to each other. What we all do impacts those around us. So Anthem is dedicated to delivering better care to our members, providing greater value to our customers and helping improve the health of our communities.

Anthem Blue Cross and Blue Shield is the trade name of: In Colorado: Rocky Mountain Hospital and Medical Service, Inc. HMO products underwritten by HMO Colorado, Inc. In Connecticut: Anthem Health Plans, Inc. In Indiana: Anthem Insurance Companies, Inc. In Georgia: Blue Cross Blue Shield Healthcare Plan of...
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Product Info
Company Overview

Founded

2022

Employees

0

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About ENGEDI RX

ENGEDI RX, based in Roswell, Georgia, is a pharmacy benefit solutions provider serving self-insured employers, brokers, and health plan members, positioning itself as a transparent alternative to traditional PBMs. Its flagship program, En Gedi Reserve, offers formulary strategy, utilization management, and specialty drug cost management. Show More
Product Info
Company Overview

Founded

09/1983

Employees

0

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About Health Action Council - CVS

We recognize that a company’s employees are its greatest asset as well as its greatest liability in terms of the company’s success in the marketplace. Healthy employees are more productive and therefore able to contribute more to the success of their company and to the health of their communities. Health Action Council is a member-driven, not-for-profit organization . Our focus is on improving the relationship between business and health through thought leadership, innovative services, and collaboration. Our core business activities are Group Purchasing, Education and Health Improvement. Show More

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Frequently Asked Questions

What is a PBM?

A PBM, or pharmacy benefit manager, is a third-party administrator that manages prescription drug benefits for health insurers and employers. PBMs negotiate drug discounts, maintain formularies, and help control drug costs while ensuring medication safety for plan members.

What does a PBM do?

A PBM, or pharmacy benefit manager, negotiates drug discounts, maintains formularies, and helps control medication costs for health insurance plans and employers. They also ensure medication safety and provide services for efficient prescription processing.

How does a PBM work?

A PBM negotiates drug discounts, manages prescription drug programs and formularies, controls medication costs, ensures medication safety, and facilitates efficient prescription processing by intermediating between pharmaceutical companies, pharmacies, and health plan sponsors.

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